Price
$ 109,900

5820 N Nebo Rd, Muncie, IN 47304  
  • 2 beds
  • 1 baths
  • 1,093 sqft

5820 N Nebo Rd, Muncie, IN 47304  

[Note: as of 11/20/16 this is back on the market due to issues from the bank regarding appraisal. This property will not get financing due to the conditions of an appraisal. The house is in too bad of shape to appraise without a significant amount being remodeled. Sell would consider tearing down the home with the right offer. The seller is not willing to do this. The Seller is open to a Contract Sale with $10,000 or more as a downpayment and other terms to be worked out. Call for more info]. This property will surprise you! 9.33 acres with a large 60x35 metal barn (with concrete floor, 2 garage doors, wood sheeting walls, electricity), 2.5 acre pond, old barn, and a 2 bedroom home from the mid-1850's. The home has never been lived in by this owner and it's basically a "tear down" home. It was damaged by the previous owner and the seller also doesn't know about the condition of the septic and other parts of the home (no furnace. No appliances, etc). The biggest change to this property since the current owner bought it is the amazing pond that was built. It's about 10-12 feet and is stocked with large mouth bass, bluegill, walleye, hybrid striped bass, perch, amur, and 4 kinds of minnow. There's also plenty of fish habitat sunk on the floor (4 pallets, 12 trees, etc -- great for the health of the fish). The pond has a fountain line but not a functioning fountain. The pond water comes from a 44ft well and it pumps 40/gal/min. A fence was added off the front of the property. The seller had been given a quote a few years ago of $4500 to tear down of the house. The barn could be salvaged for the excellent barn wood. The corner posts seem to be in good shape. Very unique property. I had no idea this big of a pond was there! Call for a showing today!

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Listing Type
Single Family
Listing ID
201538031
Bedrooms
2
Bathrooms
1
House Size
1,093
Lot Size
9.30 acres
Listing Status
Active
Year Built
1865
County
Delaware
Full Bath
1
Floors
1
Garage
1.0
Rooms
4.0
County School District
Delaware Community School Corp.
School District 1
Wes-Del
School District 2
Wes-Del
School District 3
Wesdel
Zoning
Residental
Taxes
1722.82
TaxID
18-06-25-100-011.000-008
TaxYear
2016
Listing courtesy of Steve Slavin~Coldwell Banker Lunsford
Price History
Get price alerts on price change
Date Event Change Price
6/2/2016 Price change $-10,000 (-8.3%) $109,900
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX REAL ESTATE GROUPS
    2200 W McGalliard Rd Muncie, IN 47304 | Phone: (765) 288-0400
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.