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5400 W Kilgore Avenue

$195,000

5400 W Kilgore Avenue, Muncie, IN 47304

Active
Last Updated: 04/10/2025

1,100,326 sqft

Lot Area

202339955

MlsNumber

Details:
Lot Area:    1,100,326 sqft
MlsNumber:    202339955
Highlights:
  • Annual Tax: $ 12600.0
Description:

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.

Yorktown Community Schools

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