5400 W Kilgore Avenue, Muncie, IN 47304

Local realty services provided by:ERA Crossroads
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:659 day(s) ago
  • Updated:August 21, 2025 at 02:57 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
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.