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7400 State Road 28

Muncie, IN 47304

4 bd 3 ba 2,240 sqft Built 2004 Lot 52,708 sqft single_family
Most recent sale
$258,000
Apr 10, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2024 Sold $258,000 IRMLS
Jan 8, 2024 Price changed $265,000 IRMLS
Nov 28, 2023 Listed $270,000 IRMLS
Jan 6, 2015 Listing removed $119,900 Muncie
Jan 6, 2015 Sold $116,800 Public Record
Oct 18, 2014 Listed $119,900 MIBOR
Oct 17, 2014 Listed $119,900 Muncie

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $165,500 $23,100 $188,600 $1,363
2022 $176,400 $23,100 $199,500 $1,327
2021 $155,800 $23,100 $178,900 $1,204
2020 $152,200 $23,100 $175,300 $1,219
2019 $142,700 $23,100 $165,800 $1,117
2018 $144,400 $23,100 $167,500 $1,077
2017 $137,500 $18,600 $156,100 $978
2016 $129,200 $18,600 $147,800 $880
2015 $130,300 $18,600 $148,900 $802
2013 $130,400 $18,600 $149,000 $906
2012 $128,200 $18,600 $146,800 $947
2011 $175,100 $14,100 $189,200 $1,319
2010 $179,600 $15,200 $194,800 $1,126

Property facts

Year built
2004
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,240 sqft
Lot size
52,708 sqft
ZIP code
47304
City
Muncie
Street
State Road 28
Coordinates
40.27758, -85.47375

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,548
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7400 State Road 28 last sell?
7400 State Road 28 most recently sold on Apr 10, 2024 for $258,000.
What is the current tax assessment for 7400 State Road 28?
The most recent total assessment for 7400 State Road 28 (year 2024) is $188,600 with $1,363 in property tax.
How does 7400 State Road 28's assessment compare to its last sale price?
The current assessment is 26.9% below the last sale price of $258,000.
When was 7400 State Road 28 built?
7400 State Road 28 was built in 2004.
How does 7400 State Road 28 compare to others on State Road 28?
We track 8 other properties on State Road 28. Browse the list under "Other properties on State Road 28" to compare beds, baths, and sale history.
What are the property facts for 7400 State Road 28?
7400 State Road 28 is a 4 bed, 3 bath, 2,240 sqft, 52,708 sqft lot single_family.
Is 7400 State Road 28 a flip candidate?
No — 7400 State Road 28 does not appear in our flips dataset.
Is 7400 State Road 28 a tax-appeal candidate?
No — 7400 State Road 28 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-8.7%
Implied 1-yr
-34.8%
2026 Q3
$104.4K
2026 Q4
$83.6K
ZIP 47304 — Median Price History + Forecast

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