5400 W Kilgore Avenue , Muncie, IN 47304(Delaware County)

25.26 Acres in Muncie, IN - $195,000

NEW PRICE! Great site with development potential this 25 acre parcel is located on a State Road 32W, a major thoroughfare through west Muncie. There is approximately 5 acres of paved lot plus 7 acres of tillable ground. The front section is fenced. The rear part has a treatment facility and 3 retention/settling ponds along the White River. The front 1/2 is leased to AEP for $20,000/year providing good income. A copy of the lease is available upon acceptance of a purchase agreement.