Sold
Last Sold Price

5501 W Keller Rd, Muncie, IN 47304

Multi FamilyProperty Type
0.41 acresLot Size
1976Year Built

Description

Investment opportunity duplex near Ball State University. Duplex unit has 2 beds and 1 1/2 baths on each side. Large rear yard, rear patios on each side and concrete driveways leading to one-car attached garages on each side. Some updates have been completed, and both sides are currently rented.Investment opportunity duplex near Ball State University. Duplex unit has 2 beds and 1 1/2 baths on each side. Large rear yard, rear patios on each side and concrete driveways leading to one-car attached garages on each side. Some updates have been completed, and both sides are currently rented.
  • Listed by: JAMES WOOD 317.747.1645 jim.wood@remax.net • RE/MAX Performance
Listing closed: 02/13/2017 12:00 AM • Source: MIBORMLS, MLS#: 21456726
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Recent comparable sales

Median sold price

$86,236

Avg days on market

109

Sale-to-list ratio

90.3%

Muncie, IN

9 comparable properties found

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$86,228 | 802 West Charles Street, Muncie, IN 47305
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$75,536 | 800 West Charles Street, Muncie, IN 47305
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$85,000 | 808-810 West 1st Street, Muncie, IN 47305
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$85,000 | 202-204 East Maple Street, Muncie, IN 47305
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$105,000 | 1001 West 1st Street, Muncie, IN 47305
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$183,600 | 5304-5306 North Hemlock Drive, Muncie, IN 47304
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$203,000 | 2404 West Woodbridge Drive, Muncie, IN 47304
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Location

Listing Courtesy of RE/MAX Performance

Sold By F.C.Tucker Muncie, REALTORS®

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Property Information for 5501 West Keller Road

Property Details

  • Taxes: $1,100 semi-annually
  • MLS Type: Residential Income / Residential Units - 1 to 4
  • Architectural Style: Ranch
  • Subdivision Name: Keller
  • Township: Mount Pleasant

Building Information

  • Residences: 2
  • Year Built: 1976
  • Lot Size: 0.41 AC / 17,998 SF

Summary

Location and General Information
  • City: Muncie
  • County Or Parish: Delaware
  • Directions: Duplex at 5501-5503 W. Keller Rd.: Take Rt. 332/McGalliard Rd. to Morrison. Turn south on Morrison to Keller Rd. (first street on the right). Turn right onto Keller and follow to property on left side.
  • Postal Code: 47304
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 181001254004000036
  • Semi Annual Property Tax Amt: 1100
  • Tax Exemption: None
  • Tax Year: 2015
  • TaxLot: 14
  • Tax Block: 36
School Information
  • School District: Muncie Community Schools
Owner
  • Owner Pays: HO Association Fee, Insurance, Taxes

Property

Lot Information
  • Acreage: 1/4-1/2 Acre
  • Gross Area SQFT: 1022
  • Lot Description: Access, Street Lights
  • Lot Size Square Feet: 18000.0
  • Lot Size Acres: 0.4132
  • MLS: MIBOR
  • New Construction: False
  • Structure Type: Duplex
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1976
  • Living Area Source: Broker
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: KELLER WEST 0.0000ACRES S
  • Photos Count: 3
  • Property Sub Type: Residential Units - 1 to 4
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Green Features
  • Green Certification: No
Utilities
  • Operating Expense Includes: Insurance, PropTaxes, Repairs
  • Solid Waste: Yes
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected

Interior and Exterior Features

Exterior Features
  • Construction Materials: Stone
  • Foundation Details: Slab
  • Fencing: Partial
Interior Features
  • Basement YN: No
  • Levels: One
  • Laundry Features: Connections All

Room Information

Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0

Multi Family

Multi-Family Information
  • Total Units: 2
  • Garage Parking: 1 Car Garage
Income & Expenses
  • Expenses: 4500
  • Net Operating Income: $9,000.00
  • Gross Income: $13,500.00
Unit 1
  • Unit Kitchen: 12x15
  • Unit Levels: 1
  • Unit Miscellaneous: Lndry Conn,Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Elec,Heat Forced,Hot Wtr Elec
Unit 2
  • Unit Kitchen: 12x15
  • Unit Levels: 1
  • Unit Miscellaneous: Lndry Conn,Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Elec,Heat Forced,Hot Wtr Elec

Rental

Rental Information
  • Tenant Pays: Electricity, Insurance, Lawncare, Sewer, Trash Collection, All Utilities, Water

Property History for 5501 West Keller Road

DateEvent & SourcePriceAppreciation
Feb 13, 2017

Sold (Public Record)

Public Record #1200292929

$87,500—
Feb 13, 2017

Sold

MIBORMLS #21456726

$87,500—
Jan 16, 2017

Pending

MIBORMLS #21456726

—
DateEvent & SourcePrice
02/13/2017

Sold (Public Record)

Public Record #1200292929

$87,500
02/13/2017

Sold

MIBORMLS #21456726

$87,500
01/16/2017

Pending

MIBORMLS #21456726

—

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

Public Records for 5501 West Keller Road

Taxable Value

Land

$16,200

Additions

$124,200
Total$140,400

Tax Record

2025

$2,936 ($245 / month)

Home Facts

Baths

3

Total Finished SqFt

2,044 SqFt

Above Grade Finished SqFt

2,044 SqFt

Stories

1

Lot Size

18,000 SqFt

Style

Duplex

Year Built

1976

Year Renovated

1976

County

DELAWARE

APN

18-10-01-254-004.000-036

Schools near 5501 West Keller Road

This home is within Yorktown Community Schools.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Pleasant View Elementary School
PublicK to 2

Yorktown Elementary School
Public3 to 5

Yorktown Middle School
Public6 to 8

Yorktown High School
Public9 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: 5501 West Keller Road, Muncie, IN 47304
$87,500
–
–
–
17,998
$87,500
4
1,022
17,999
$150,000
–
3
1,624
18,000
$150,000
4
1,624
–
–
–
–
6,254
20,400
$166,500
4
–
10,890

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 RE/MAX Performance

Based on information submitted to the MLS GRID as of 05/01/2025 01:59 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.