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Dawn Evans

dawn@theevansrealtygroup.com +1(812) 327-8878

Listed by Timothy McCulloch • Scheerer McCulloch Auctioneers

$ 1,500,000

Est. payment -/mo

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1100 W Riverside AVE Muncie, IN 47303

15,572 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 15,572 sqft

Price per Sqft $96

MLS Listing ID 22069126

Year Built 1994

Tax Year 2024

Lot Size 0.620 Acres

Acres 0.62

Property Sub-Type Multi-Family 5+

Property Description

PUBLIC AUCTION - SATURDAY, NOVEMBER 29th at 11:00 AM (EST) THIS PROPERTY IS NOT AVAILABLE FOR SHOWINGS. CAN ONLY BE VIEWED DURING THE OPEN HOUSES. Open Houses Monday's, November 17 & November 24, 2025, 5:00 - 6:30 PM Eastern| The price stated on this property is the Guideline price | This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. | $85,000 down day of the auction. | To see all terms, please visit our website. A rare and exceptional opportunity to acquire a purpose-built fraternity, sorority, or group housing facility just steps from Ball State University! This well-maintained, turn-key property offers a flexible layout ideal for student accommodations, university-affiliated organizations, or investor use. The expansive 15,572 square-foot building sits on a generous 0.80 acre lot and features 28 private dorm-style bedrooms, one private first-floor apartment, four shared dorm bathrooms, one private full bathroom, and three half bathrooms. The thoughtful design provides privacy and comfort for residents while maintaining spacious communal areas for meetings, study groups, and social gatherings. Shared spaces include multiple lounges, a large lower-level game and fitness room, a full kitchen with appliances included, a TV auditorium, and a generous laundry area. The property also provides parking for approximately 24 vehicles - a premium convenience in this sought-after campus corridor. This building has been professionally managed and cared for over the years, with continuous improvements from 2020-2025 ensuring low-maintenance ownership for the next owner. Updates include new dorm windows throughout, upgraded Wi-Fi technology, repaved driveway and parking areas, partial roof replacement, chimney and masonry reconstruction, new rear gutters, improved drainage, and an updated concrete patio with perimeter fencing.

Location

State IN

County Delaware

Zoning Exempt, Private Academy

Rooms

Basement Finished

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace N

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Connected

Building

Story 2

Foundation Concrete Perimeter

Structure Type Brick,Stone

New Construction false

Schools

Elementary Schools West View Elementary School

Middle Schools Northside Middle School

High Schools Muncie Central High School

School District Muncie Community Schools

Others

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Dawn Evans

Real Estate Broker/Realtor | RB19001118

+1(812) 327-8878

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Dawn Evans

1100 W Riverside AVE Muncie, IN 47303

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1100 W Riverside AVE