$56,000
SOLD OCT 19, 2018

1117 E 8th St Anderson, IN 46012

-- Bed
-- Bath
1,866 Sq Ft
4,321 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

7% Below List Price

4 Days on Market

About This Home

As of December 2019

Good investment opportunity. All units have stove and refrigerator. Absolute Comfort checks heat and air twice a year. Mowing done by tenant with supplied mower. All units leased until May 2019. Property next door is also for sale and shares the driveway in back.

Last Agent to Sell the Property

Richard Sharp

Listed on: 09/13/2018

Last Buyer's Agent

Nicole Ross

Keller Williams Indy Metro NE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,298

Year Built

  • Built in 1920

Home Design

  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 4,321 Sq Ft Lot

Community Details

  • Frees Park Place Subdivision

Listing and Financial Details

  • Tenant pays for noutil
  • The owner pays for all utilities
  • Assessor Parcel Number 481207304074000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,298

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: ApartBldg
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1920
  • Lot Size Acres: 0.0992
  • Subdivision Name: FREES PARK PLACE
  • Inspection Warranties: Other
  • Property Description: Good investment opportunity. All units have stove and refrigerator. Absolute Comfort checks heat and air twice a year. Mowing done by tenant with supplied mower. All units leased until May 2019. Property next door is also for sale and shares the driveway in back.
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 1
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: All Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Common

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • List Price: 59900

Garage/Parking

  • Unit Parking: Parking Lot,Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 481207304074000003
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Sidewalks
  • Lot Number: 2
  • Lot Size: 4,321

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NoUtil

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1298
  • Semi Annual Property Tax Amt: 649
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
Rickey Jon
Bought by
Good Timber Llc
Current Estimated Value
$116,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,900
Outstanding Balance
$326,223
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
-$209,556

Purchase Details

Listed on
Nov 12, 2019
Closed on
Dec 20, 2019
Sold by
Kaur Balbir
Bought by
Rickey Jon
Seller's Agent
Mark Isom
Trail Hawk Real Estate
Buyer's Agent
Hayley Wild
Compass Indiana, LLC
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$60,000
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 19, 2018
Sold by
Heffelfinger
Bought by
Balbir Kaur
Seller's Agent
Richard Sharp
Buyer's Agent
Nicole Ross
Keller Williams Indy Metro NE
List Price
$59,900
Sold Price
$56,000
Premium/Discount to List
-$3,900
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%
Source: Public Records

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Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Investors Title
Warranty Deed -- Investors Title
Deed $56,000 --
Warranty Deed $56,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $333,900 New Conventional
Previous Owner $60,000 Seller Take Back
Previous Owner $60,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $65,000 -5.8% $35 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
11/14/2019 11/14/19 Price Changed $69,000 +6.2% $37 / Sq Ft
11/12/2019 11/12/19 For Sale $65,000 +16.1% $35 / Sq Ft
10/19/2018 10/19/18 Sold $56,000 -6.5% $30 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $59,900 -- $32 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,033 $91,500 $5,200 $86,300
2023 $1,866 $83,400 $5,000 $78,400
2022 $1,857 $83,000 $4,700 $78,300
2021 $1,611 $71,600 $4,600 $67,000
2020 $1,548 $68,500 $4,400 $64,100
2019 $1,611 $69,800 $4,400 $65,400
2018 $1,512 $64,200 $4,400 $59,800
2017 $1,298 $63,400 $4,400 $59,000
2016 $1,317 $64,300 $4,600 $59,700
2014 $1,362 $65,800 $4,800 $61,000
2013 $1,362 $65,800 $4,800 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21595342

MIBOR Broker Listing Cooperative®

APN: 48-12-07-304-074.000-003