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Property view

5400 W Kilgore Avenue, 
Muncie, IN 47304

$195,000


Bed


Bath


-

Sq Ft


25.00

Acres (Lot)


Land

Active

Listed by

Jacob Wagner

Agent: 317-448-8852

Last updated:

May 7, 2025, 02:58 PM

MLS#

202339955

Source:

Indiana Regional MLS

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About This Land

5400 W Kilgore Avenue

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

25.00

MLS #:

202339955

Last Updated:

May 7, 2025, 02:58 PM

Added:

1 year(s) ago


Finances & Disclosures

Finances

Price:

$195,000

Source:Indiana Regional MLS
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.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.