The ORR Home Selling Team Real Estate Groups
  • 2200 W. McGalliard Road
    Muncie, IN 47304
The ORR Home Selling Team Real Estate Groups

Muncie, IN 47304 5400 W Kilgore Avenue

$195,000

Presented By: Jacob Wagner with Coldwell Banker Real Estate Group; Agent: 317-448-8852
  • MLS# 202339955
  • 10/31/2023
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Home Details

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.
Presented By: Jacob Wagner with Coldwell Banker Real Estate Group; Agent: 317-448-8852

Interior Features for 5400 W Kilgore Avenue

Other Interior Features

Fuel TypeNone

General for 5400 W Kilgore Avenue

Agent First NameJacob
Agent Last NameWagner
Annual Taxes12600
AreaDelaware County
Assoc. Dues FrequencyNot Applicable
Associated Document Count
Auction Y/NNo
CityMuncie
ClassLOTS AND LAND
DOM321
EasementsYes
Elementary SchoolPleasant View (K-2) Yorktown (3-
FIPS Code18035
High SchoolYorktown
Legal DescriptionPT SE QTR 25.2600Acres STR: 132009 IN: OUT:
Middle SchoolYorktown
Present UseCommercial, Industrial
REONo
Road FrontageCity
School DistrictYorktown Community Schools
StatusActive
StatusActive
Status Detail0
SubdivisionNone
Tax Year2022
TownshipMt Pleasant
TypeIndustrial Land
Zoning DescriptionIntense Industrial

Exterior for 5400 W Kilgore Avenue

Approx. Lot Size Acres25.26
Curb Y/NNo
Lot DimensionsIrregular
Lot Size Area1089000
Rail Siding Y/NNo
Road AccessCity
Road SurfaceAsphalt
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Yorktown High School
Elementary School Pleasant View (K-2) Yorktown (3- Elementary School
Middle School Yorktown Middle School

Ryan Orr

Associate
Price $195,000
MLS#202339955
List Date 10/31/2023
Property Type Land
Phone (765) 744-9500
Get pre-approved
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