Last Sold Price
217,800 Lot Size5 Acres
4500 S Cowan Rd, Muncie, IN 47302

Description

Taxes are $0 due to exemptionsTaxes are $0 due to exemptions
LISTING CLOSED: 07/04/2025 12:00 AM

  1. Listed by Mark Kelly • Berkshire Hathaway Indiana Realty

Property Details for 4500 South Cowan Road

Status
MLS #
202424549
Days on Market
4
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Lots & Lands / Industrial Land
Year Built
-
Lot Size
5.00 AC
Subdivision
None
Waterfront
No

Recent comparable sales

Median sold price

$180,700

Avg days on market

231

Sale-to-list ratio

77.1%

Muncie, IN

9 comparable properties found

$75,600 | 4200 South Delaware Drive, Muncie, IN 47302
1/8
1

$75,600

Sold 01/19/26

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
7.22
Acres
$35,000 | 3303 South Madison Street, Muncie, IN 47302
1/3
2

$35,000

Sold 10/02/24

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
0.39
Acres
$70,000 | 3224 South Meeker Avenue, Muncie, IN 47302
1/3
3

$70,000

Sold 05/12/25

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
3.88
Acres
$335,000 | 620 South High Street, Muncie, IN 47305
1/13
4

$335,000

Sold 05/06/25

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
0.7
Acres
$350,000 | 100 South College Avenue, Muncie, IN 47303
1/7
5

$350,000

Sold 01/23/26

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
0.14
Acres
$110,000 | 3900-3900 West Adj W Kilgore, Muncie, IN 47305
1/4
6

$110,000

Sold 07/07/25

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
4.86
Acres
$300,000 | 4917 Wheeling Avenue, Muncie, IN 47304
1/8
7

$300,000

Sold 03/18/26

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
5.37
Acres
8

$390,000

Sold 01/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.04
Acres
$180,700 | 0 Fairway, Muncie, IN 47302
1/5
9

$180,700

Sold 02/25/26

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
17.14
Acres

Location

Listing Courtesy of Berkshire Hathaway Indiana Realty

Sold By Berkshire Hathaway Indiana Realty

Add your commute

Building Information for 4500 South Cowan Road

Lot Size5.00 AC

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$1,780 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,779

Property Taxes

$1

HOA Dues

$0

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Property Information for 4500 South Cowan Road

Summary
Location and General Information
  • Area: Delaware County
  • City: Muncie
  • Zip + 4: 9556
  • Zip Code: 47302
  • State: IN
  • Township: Center
  • Geo Latitude: 40
  • Geo Longitude: -85
  • Road Access: City
  • Fips Code: 18035
  • Directions To Property: Take 67/35S to Cowan Rd, Turn N to property on E side of Road.
  • Sea Wall Type: None
  • Location: City
  • Road Frontage: City
Taxes and HOA
  • Parcel Description: Level
  • Annual Taxes: $0
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 18-11-28-300-005.000-001
School Information
  • School District: Muncie Community Schools
  • Elementary: Grissom
  • Middle School: Southside
  • High School: Central
Parking
  • Parking: None
Property
Lot Information
  • Class: LOTS AND LAND
  • Property Subtype: Industrial Land
  • Approx Lot Size Acres: 5.0
  • Lot Dimensions: 330x660
  • Approx Lot Size Sqft: 217800.0
  • Number of Tillable Acres: 100.0
  • Land Features: Shed
Property and Assessments
  • Can Property Be Divided?: No
  • Curb: Yes
  • Documents Available: Soil Test
  • Easements: Yes
  • Planned Unit Development: No
  • Platted Development: No
  • Side Of Road: East
  • Special Assessments: None
  • Structure/Building Improvements: No
  • Type Use: Agriculture, Architecture, Industrial
Green Features
  • Exemptions: Other
Utilities
  • Cable Company: Other
  • Electric Company: AEP/I&M
  • Electricity Type: Available
  • Fuel Type: Available
  • Gas Company: Sycamore Gas Co
  • Sewer Type: City
  • Water Company: Indiana American Water Co
  • Water Utility: Available
Interior and Exterior Features
Exterior Features
  • Fence: None
  • Platted: Yes
  • Rail Siding: No
  • Road Surface: Concrete
Rental
Rental Information
  • Leased Acres: No

Property History for 4500 South Cowan Road

DateEvent & SourcePriceAppreciation
Jul 4, 2025

Sold

Indiana Regional MLS #202424549

$350,000
Jul 3, 2024

Pending

Indiana Regional MLS #202424549

Jun 29, 2024

Listed (Active)

Indiana Regional MLS #202424549

$350,000
DateEvent & SourcePrice
07/04/2025

Sold

Indiana Regional MLS #202424549

$350,000
07/03/2024

Pending

Indiana Regional MLS #202424549

06/29/2024

Listed (Active)

Indiana Regional MLS #202424549

$350,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4500 South Cowan Road

Taxable ValueLand$150,000Additions-Total$150,000
Tax Record2025$10 ($1 / month)
Home Facts
Lot Size217,800 SqFtStyleReligiousCountyDELAWAREAPN18-11-28-300-005.000-001

Schools near 4500 South Cowan Road

This home is within Muncie Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - K to 12
Rating
School
Distance
South View Elementary School
PublicPK to 5

Muncie Central High School
PublicPK to 12

Southside Middle School
Public6 to 8

Muncie Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4500 South Cowan Road, Muncie, IN 47302
$350,000
0.5
217,800
68,598
435,600
87,120
11,152
125,017
99,000
784,080
16,200
401,623

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway Indiana Realty

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.