NOT LISTED FOR SALE

1178 E 500 S Anderson, IN 46013

Estimated Value: $84,000 - $247,000

3 Beds
1 Bath
1,512 Sq Ft
$125/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $53,000 $35 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $1,174/month

137 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Walk-In Closet
  • No HOA
  • 3 Car Detached Garage

About This Home

As of February 2024

Rare find in South Madison County/Pendleton Schools. This is a unique rural home on a desirable .32 acre lot. This home features a large primary bedroom, a large covered front porch, and a huge 4c-d garage. This is a great location close to I-69, restaurants, and is between Anderson and Pendleton. Home needs some TLC but is priced accordingly.

Last Agent to Sell the Property

Daniel Witte

Witte Realty Group LLC Brokerage Email: dwitte@witterealtygroup.com License #RB14039476 Listed on: 09/15/2023

Last Buyer's Agent

John Cavanaugh

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $698

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Schools

  • Pendleton Heights Middle School
  • Pendleton Heights High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 481305300021000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$698

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1970
  • Building Area Total: 1512
  • Garage Y N: Yes
  • Lot Size Acres: 0.32
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: dwitte@witterealtygroup.com
  • Attribution Contact: dwitte@witterealtygroup.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closet(s)
  • Living Area: 1512
  • Main Level Bedrooms: 3
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1512
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: BankOwned
  • Fencing: Partial
  • Foundation Details: Block
  • List Price: 69900
  • Property Condition: Fixer

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached
  • Garage Sq Ft: 900

Utilities

  • Cooling: None
  • Heating: SpaceWallUnit
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Pendleton Heights Middle School

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 14026
  • Parcel Number: 481305300021000001
  • Acres: 1/4-1/2 Acre
  • Price Acre: 165625

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 698
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 349
  • Tax Exemption: None

MLS Schools

  • High School: Pendleton Heights High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Feb 15, 2024
Sold by
Selene Finance Lp
Bought by
Garcia Ortiz Carlos
Seller's Agent
Daniel Witte
Witte Realty Group LLC
Buyer's Agent
John Cavanaugh
Carpenter, REALTORS®
List Price
$69,900
Sold Price
$53,000
Premium/Discount to List
-$16,900
-24.18%
Views
261
Current Estimated Value
$188,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,439
Avg. Annual Appreciation
138.32%

Purchase Details

Closed on
Jul 21, 2023
Sold by
Beeman John L
Bought by
Selene Finance Lp

Purchase Details

Listed on
Oct 4, 2016
Closed on
Dec 22, 2016
Sold by
Tobin Stacy
Bought by
Greenwell Tarrah and Greenwell James
Seller's Agent
Justin Puckett
Keller Williams Indy Metro NE
Buyer's Agent
Nick Rodgers
RE/MAX Real Estate Solutions
List Price
$119,900
Sold Price
$119,000
Premium/Discount to List
-$900
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$120,202
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2012
Closed on
Apr 5, 2013
Sold by
Wells Fargo Bank
Bought by
Tobin Stacy
Seller's Agent
Kelly Wood
RE/MAX at the Crossing
Buyer's Agent
MEIAR NonMember
NonMember MEIAR
List Price
$23,000
Sold Price
$16,001
Premium/Discount to List
-$6,999
-30.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.50%

Purchase Details

Listed on
Oct 26, 2012
Closed on
Feb 27, 2013
Sold by
Financial Freedom Acquisition
Bought by
Wells Fargo Bank Na
Seller's Agent
Kelly Wood
RE/MAX at the Crossing
Buyer's Agent
MEIAR NonMember
NonMember MEIAR
List Price
$23,000
Sold Price
$16,001
Premium/Discount to List
-$6,999
-30.43%

Purchase Details

Closed on
Feb 12, 2013
Sold by
Federal National Mortgage Association
Bought by
Financial Freedom Accquisition

Purchase Details

Closed on
Mar 30, 2010
Sold by
Dickey Elizabeth Lewis
Bought by
Federal National Mortgage Association
Source: Public Records

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 Buyer Sale Price Title Company
Garcia Ortiz Carlos $53,000 None Listed On Document
Selene Finance Lp $76,680 None Listed On Document
Greenwell Tarrah -- --
Tobin Stacy -- --
Wells Fargo Bank Na -- --
Financial Freedom Accquisition -- --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenwell Tarrah $120,202
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $53,000 -24.2% $35 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
12/15/2023 12/15/23 Price Changed $69,900 0.0% $46 / Sq Ft
12/15/2023 12/15/23 For Sale $69,900 +31.9% $46 / Sq Ft
12/13/2023 12/13/23 Off Market $53,000 -- --
11/08/2023 11/08/23 Price Changed $89,900 -18.2% $59 / Sq Ft
09/15/2023 09/15/23 For Sale $109,900 -7.6% $73 / Sq Ft
12/22/2016 12/22/16 Sold $119,000 0.0% $79 / Sq Ft
10/24/2016 10/24/16 Off Market $119,000 -- --
10/10/2016 10/10/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $119,900 +649.3% $79 / Sq Ft
04/18/2013 04/18/13 Sold $16,001 -30.4% $18 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
10/26/2012 10/26/12 For Sale $23,000 -- $26 / 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 $1,783 $108,100 $12,100 $96,000
2023 $620 $98,800 $11,500 $87,300
2022 $697 $99,100 $11,500 $87,600
2021 $640 $91,200 $11,500 $79,700
2020 $718 $93,400 $11,100 $82,300
2019 $685 $89,700 $11,100 $78,600
2018 $654 $87,000 $11,100 $75,900
2017 $552 $79,400 $10,600 $68,800
2016 $587 $81,000 $10,600 $70,400
2014 -- $60,200 $10,500 $49,700
2013 -- $58,200 $10,500 $47,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21943655

MIBOR Broker Listing Cooperative®

APN: 48-13-05-300-021.000-001