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4703 N State Road 3 - Riggin 12.78 Acres 12.78 Acres of Commercial Land Offered at $504,000 in Muncie, IN 47303

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Executive Summary

Approximately 1.5 acres on the corner is zoned Business Variety and can be purchased for $250,000. +/- 10.16 acres is zoned R-5 residential (multi-family).

Financial Summary (Actual - 2025)

Annual Annual Per AC
Taxes $497 $38.89
Operating Expenses - -
Total Expenses $497 $38.89

Financial Summary (Actual - 2025)

Taxes
Annual $497
Annual Per AC $38.89
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $497
Annual Per AC $38.89

Property Facts

Price $504,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
Total Lot Size 12.78 AC

1 Lot Available

Lot

Price $504,000
Price Per AC $39,436.62
Lot Size 12.78 AC

12.78 acres located at the southwest corner of Riggin Road and N. Old SR 3 in Muncie. Utilities are available.

Property Taxes

Property Taxes

Parcel Number
18-07-34-226-001.000-003
Land Assessment
$24,200 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$24,200 (2024)
Annual Taxes
$497
Tax Year
2025
  • Listing ID: 39388747

  • Date on Market: 2/10/2026

  • Last Updated:

  • Address: 4703 N State Road 3, Muncie, IN 47303

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