$175,000
SOLD NOV 7, 2025

1121 E 31st St Anderson, IN 46016

2 Beds
1 Bath
1,525 Sq Ft
0.25 Acres

Recently Sold

$115 Per Sq Ft

3% Below List Price

10 Days on Market

About This Home

As of November 2025

Turnkey Brick Duplex - Strong Cash Flow & Low Maintenance! 1121/1123 East 31st Street, Anderson, IN 46016 Asking Price: $180,000 Solid investment opportunity! This all-brick duplex is fully rented and generating $1,775/month in gross income. Both units are 2 bedrooms / 1 bath, updated with central A/C added for tenant comfort and long-term value. Unit Details: 1121: $875/month 1123: $900/month (+$25 pet fee) Tenants pay all utilities except stormwater ($7/month), keeping owner expenses low. The property features a large, fully fenced front yard, ideal for pets or outdoor space, plus a detached 2-car garage with a separate storage area. There's also a washer/dryer hookup and gas line already run to the garage for added convenience or potential utility space. With strong rents, low maintenance, and stable tenants, this property delivers solid returns and -a great addition to any investor's portfolio. Monthly Income: $1,775 Annual Income: $21,300 Brick. Cash Flow. Location. Everything investors look for-don't miss this one!

Last Agent to Sell the Property

Anthony Robinson

AMR Real Estate LLC License #RB14042994 Listed on: 10/09/2025

Co-Listed By

Samra Efendic

AMR Real Estate LLC License #RB14051273

Last Buyer's Agent

Lucero Vargas

RE/MAX Complete License #RB14044838

RE/MAX Complete

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 1967

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • 1-Story Property
  • 0.25 Acre Lot

Community Details

  • 10Th Sub Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 481219204010000003
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,082

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1967
  • Lot Size Acres: 0.25
  • Subdivision Name: 10Th Sub
  • Transaction Type: Sale
  • Conversion: No
  • Special Features: None

Interior Features

  • Levels: One
  • Total Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Road Access: Access Rd

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Solid Waste: Yes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 10890
  • Parcel Number: 481219204010000003
  • Acres: 1/4-1/2 Acre

Tax Info

  • Tax Annual Amount: 2082
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2025
Closed on
Nov 7, 2025
Sold by
Jh Squared Llc
Bought by
Ramirezmontes Axel H
Seller's Agent
Anthony Robinson
AMR Real Estate LLC
Buyer's Agent
Lucero Vargas
RE/MAX Complete
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-63.30%

Purchase Details

Listed on
Sep 27, 2018
Closed on
Nov 9, 2018
Sold by
Huston Jennifer and Huston John
Bought by
Jh Squared Llc
Seller's Agent
Ben Crouch
F.C. Tucker Company
Buyer's Agent
Anthony Robinson
Keller Williams Indy Metro NE
List Price
$48,500
Sold Price
$46,000
Premium/Discount to List
-$2,500
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.03%

Purchase Details

Listed on
Sep 27, 2018
Closed on
Oct 30, 2018
Sold by
Bank Of New York Mellon Truste
Bought by
Huston Jennifer and Huston John
Seller's Agent
Ben Crouch
F.C. Tucker Company
Buyer's Agent
Anthony Robinson
Keller Williams Indy Metro NE
List Price
$48,500
Sold Price
$46,000
Premium/Discount to List
-$2,500
-5.15%

Purchase Details

Closed on
Jun 22, 2018
Sold by
Madison County Sheriff
Bought by
Bank New York Mellon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $46,000 None Available
Sheriffs Deed $46,400 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 Sold $175,000 0.0% $115 / Sq Ft
10/19/2025 10/19/25 Pending -- -- --
10/16/2025 10/16/25 Price Changed $175,000 -2.8% $115 / Sq Ft
10/09/2025 10/09/25 For Sale $180,000 +291.3% $118 / Sq Ft
11/09/2018 11/09/18 Sold $46,000 -5.2% $30 / Sq Ft View Prior Sale
10/22/2018 10/22/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $48,500 -- $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
2025 $2,082 $93,700 $9,100 $84,600
2024 $2,082 $93,700 $9,100 $84,600
2023 $1,919 $85,800 $8,700 $77,100
2022 $1,931 $86,300 $8,400 $77,900
2021 $1,773 $78,800 $8,300 $70,500
2020 $1,654 $73,200 $7,900 $65,300
2019 $1,613 $71,300 $7,900 $63,400
2018 $1,514 $65,600 $7,900 $57,700
2017 $1,404 $70,200 $7,900 $62,300
2016 $1,948 $97,400 $7,900 $89,500
2014 $1,914 $95,700 $7,900 $87,800
2013 $1,914 $95,700 $7,900 $87,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22067402

MIBOR Broker Listing Cooperative®

APN: 48-12-19-204-010.000-003