5400 W Kilgore Avenue, Muncie, IN 47304
Local realty services provided by:ERA First Advantage Realty, Inc.
5400 W Kilgore Avenue,Muncie, IN 47304
$195,000
- 25 Acres
- Lots / Land
- Active
Listed by:jacob wagnerCell: 317-448-8852
Office:coldwell banker real estate group
MLS#:202339955
Source:Indiana Regional MLS
Price summary
- Price:$195,000
About this home
This exceptional 25-acre parcel presents an outstanding development opportunity, prominently situated along State Road 32W, a prominent thoroughfare in the western Muncie area. The property boasts a diverse layout, featuring approximately 5 acres of well-maintained paved space, along with an additional 7 acres of fertile tillable land. The front section is securely fenced, while the rear part includes a specialized treatment facility and three retention/settling ponds thoughtfully designed along the White River. Notably, the front half of this property is currently under lease to AEP for three years, generating a steady annual income of $30,000, paid in full at beginning of new lease year. The details of this lease agreement will be made available upon acceptance of a purchase agreement.
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Home facts
- Listing ID #:202339955
- Added:695 day(s) ago
- Updated:September 24, 2025 at 03:03 PM
Structure and exterior
- Lot area:25 Acres
Schools
- High school:Yorktown
- Middle school:Yorktown
- Elementary school:Pleasant View K-2 Yorktown 3-5
Utilities
- Water:City
Finances and disclosures
- Price:$195,000
- Tax amount:$12,600
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