607 E Charles Street
Muncie, IN, 47305 $ 178,000
Baths0.1 Sq 4,170 Monthly Estimate*
$ 1,124
Studio for $178,000 with 1 half bath. This 4,170 square foot home was built in 1855.
A rare opportunity to own a distinctive historic property just minutes from downtown Muncie. Located at 607 E. Charles Street in the beautiful Emily Kimbrough historic area, this 1855 structure offers more than 4,000 square feet of space, two parcels, and dedicated off-street parking all at an exceptionally approachable price point. For more than 50 years, the property was home to The Bargain Box, a longtime community organization familiar to generations of Muncie residents. Today, the building is ready for its next chapter and offers tremendous potential for an owner-user, investor, nonprofit, creative business, professional office, studio, retail concept, or redevelopment opportunity. The interior offers large rooms, multiple levels, flexible spaces, and much of the character you would expect from a historic property of this era. The property has also benefited from substantial investment and improvements over the years, making it much more than simply an older building in need of a vision. Another significant advantage is the second parcel, which provides an asphalt parking area with decorative fencing a valuable feature for a property located this close to downtown. The location is equally compelling. The property sits among some of Muncies most recognizable historic homes while remaining just blocks from downtown, the Madison Street corridor, restaurants, businesses, entertainment, and ongoing redevelopment throughout the central city. With more than 4,000 square feet, two lots, private parking, historic character, and an asking price of $178,000, the possibilities here deserve a closer look. What could you create at 607 E. Charles Street?
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FeaturesGeneralHeating Gas Conventional Forced Air
Cooling Central Air
Sewer Public
# of Buildings 1
Status Active Active
Full Baths 0
Half Baths 1
Bathrooms 1
Year Built 1855
New Construction No
Tenant Pays Electric Fuel Heating Lawn Maintenance Snow Removal
Subdivision Other
Style Two Story
Stories Count 2
Township Center
Class INVESTMENT
Type Other
Age 171
Net Income 19900
Rent Income 24000
Features Porch Enclosed
Inside City Limits Yes
REO No
Status Detail 0
Area Delaware County
High School Central
City Muncie
School District Muncie Community Schools
Other Fees Frequency Annually
Total Sq Ft 4670
Elementary School East Washington Academy
Middle School Northside
Legal Description WOLFE HRS LOTS 7 & 8 0.0000Acres STR: 152010
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202632644
Agent First Name Brian
Agent Last Name Allardt
DOM 1
Tax Year 0
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InteriorBasement Crawl Slab Partial Basement
Flooring Carpet Tile
Beds 6
Total Number of Units 1
Microwaves 0
Refrigerators 0
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 6
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 0
W/D Hookups 0
Basement Material Block Stone
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ExteriorExterior Block Brick
Pool No
Number of Parking Spaces 20
Lot Size Area 13939
Lot Dimensions 110 x 125
Lot Description Corner 0-2.9999
Outbuilding None
Waterfront Y/N No
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* Excluded FeaturesList ByBrian AllardtListing Agent
Coldwell Banker Real Estate GroupBroker
ballardt@cbcregroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,124
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Muncie, IN
Average List Price $142,000
Percent of Sale Price 20%
About Muncie, IN 67,860 Population
-5% Since 2002
$ 32,102 Median Income
30.9 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
1236769 Elementary School
1235815 Middle School
Central High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/11/2026 | $178,000 | | Listed Price |