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South Central Homes for Sale

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  • /35

    $125,000

    • 3 Beds
    • 2 Baths
    • 1,960 Sq Ft

    1715 S Madison St, Muncie, IN 47302

    The current owner has done a ton of remodeling of this house, but it's time to turn the completion of the job to a new owner. So much is improved, such as all new windows, cement board siding, roof, 2 furnaces (no AC, but wired for it), both kitchens, all flooring and painting, etc. This is a 2-Unit property, but you can easily convert this back to a single home. 3 Beds (2 without immediate

    Agent Photo

    Steve Slavin

    Coldwell Banker Real Estate Group

    (765) 436-1185

    1715 S Madison St, Muncie, IN 47302
  • /11

    $155,000

    • 2 Beds
    • 1 Bath

    1709 S Elm St, Muncie, IN 47302

    Turnkey Duplex Investment Opportunity! Attention investors! This fully remodeled duplex offers an excellent opportunity for immediate cash flow. Renovated in early 2024, this property is professionally managed by Morgan Properties and features two updated units with fully split utilities, allowing the burden of those costs to fall directly on to your tenants. GROSS INCOME: $1,649.00/MONTH

    Ryan Boots Boots Realty, LLC

    1709 S Elm St, Muncie, IN 47302

Why Live in South Central

South Central in Muncie is a mixed-use neighborhood located just a mile south of downtown, making it a convenient 20-minute walk or a short drive to the city center. The area includes residential and industrial spaces, with auto shops, contractor offices, and supply stores prevalent. Housing here consists mainly of small single-family homes built between the 1880s and early 1900s, featuring bungalows and traditional styles, often shaded by mature trees. Many homes require significant renovations, contributing to lower real estate prices compared to the city average. The neighborhood's proximity to amenities like Heekin Park, Delaware County's Family Resource Center, and the Maring-Hunt Library provides residents with ample resources and community engagement opportunities. Heekin Park offers playgrounds, sports courts, and memorials, while the library features educational programming and a community garden. Dining options include Comets Downtown, Thai Kitchen, and Indy Steak, Fish & Chicken, with fresh produce available at the nearby Downtown Farm Stand and ALDI. South Central is served by MITS bus routes, facilitating easy access to other parts of Muncie. The closest medical center is IU Health Ball Memorial Hospital, 3 miles west, and major airports are Fort Wayne International, 68 miles away, and Indianapolis International, 75 miles away. The neighborhood has a crime rate comparable to the national average, making it a practical choice for those working in the local industries or seeking affordable housing near downtown Muncie.

Frequently Asked Questions

Is South Central a good place to live?
South Central is a good place to live. South Central is considered somewhat walkable and bikeable. South Central has 7 parks for recreational activities. It is somewhat dense in population with 8.7 people per acre and a median age of 39. The average household income is $57,344 which is below the national average. College graduates make up 7.3% of residents. A majority of residents in South Central are renters, with 56.5% of residents renting and 43.5% of residents owning their home. A local real estate agent serving South Central can help you decide if this neighborhood is the right one for you. Learn more on our South Central neighborhood guide.
Is South Central, IN a safe neighborhood?
South Central, IN is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in South Central?
The median home price in South Central is $90,000. If you put a 20% down payment of $18,000 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $450 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $19K a year to afford the median home price in South Central. The average household income in South Central is $57K.
What are the best public schools in South Central?
The best public schools that serve South Central are:
What are the most popular zip codes in South Central, Muncie, IN?
The most popular zip codes in South Central, Muncie, IN include 47302, 47305, 47303, 47304 and 47396.
What are the most popular neighborhoods near South Central, Muncie, IN?
The most popular neighborhoods near South Central, Muncie, IN are Industry, Thomas Park-Avondale, Southside, East Central and Old West End.

Home Trends in South Central, IN

Housing Trends

Median Sale Price
$82,000
Median Single Family Sale Price
$90,000
Average Price Per Sq Ft
$51
Number of Homes for Sale
1
Last 12 months Home Sales
9
Months of Supply
1.30
Median List Price
$90,000
Median Change From 1st List Price
31%
Median Home Sale Price YoY Change
49%
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