NOT LISTED FOR SALE

1216 Locust St Anderson, IN 46016

Estimated Value: $54,000 - $115,000

3 Beds
1 Bath
1,632 Sq Ft
$48/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $25,000 $15 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $486/month

15 Days on Market

Highlights

  • 1-Story Property
  • Combination Dining and Living Room
  • Garage
  • Forced Air Heating System

About This Home

As of October 2017

Investment Opportunity that you don't want to miss! 3 bedroom, 1 bath rental home. Updates include a newer roof, paint and carpet. Currently has good tenants. Begin or add to your real estate portfolio today.

Last Listed By

Nick Rodgers

RE/MAX Real Estate Solutions License #RB14045221 Listed on: 09/12/2017

RE/MAX Real Estate Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $548

Year Built

  • Built in 1923

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Basement
  • Basement Cellar
  • Attic Access Panel
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 481114101031000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$548

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1923
  • Co List Office Phone: 765-640-1900
  • Garage Y N: Yes
  • Lot Size Acres: 0.07
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Investment Opportunity that you don't want to miss! 3 bedroom, 1 bath rental home. Updates include a newer roof, paint and carpet. Currently has good tenants. Begin or add to your real estate portfolio today.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Living Area: 1632
  • Other Equipment: Smoke Detector
  • Room Count: 5
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1088
  • Main Level Sq Ft: 1088
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1632
  • Below Grade Sq Ft: 544
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 26000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481114101031000003
  • Acres: <1/4 Acre
  • Lot Number: 0
  • Lot Size: 39x86

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 548
  • Semi Annual Property Tax Amt: 274
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Oct 23, 2017
Sold by
Jason Thixton
Bought by
L Llc
Seller's Agent
Nick Rodgers
RE/MAX Real Estate Solutions
Buyer's Agent
Steve Thompson
F.C. Tucker/Thompson
List Price
$26,000
Sold Price
$25,000
Premium/Discount to List
-$1,000
-3.85%
Total Days on Market
15
Current Estimated Value
$78,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,117
Avg. Annual Appreciation
16.29%
Original Mortgage
$17,500
Outstanding Balance
$10,092
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$68,025

Purchase Details

Closed on
Nov 9, 2016
Sold by
Mancock Levis Jones
Bought by
Thixton Jason

Purchase Details

Closed on
Feb 22, 2008
Sold by
Blanton Howard W
Bought by
Us Bank National Assn

Purchase Details

Closed on
Dec 1, 2005
Sold by
Ellingwood Andy
Bought by
Blanton Howard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

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
L Llc $25,000 --
L&T Realty Llc -- Empire Titel Services
Thixton Jason $7,500 --
Us Bank National Assn $63,645 --
Blanton Howard W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L&T Realty Llc $17,500
Closed L&T Realty Llc $17,500
Previous Owner Blanton Howard W $55,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $25,000 -3.8% $15 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $26,000 -- $16 / 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 $867 $39,000 $2,700 $36,300
2023 $794 $35,500 $2,600 $32,900
2022 $801 $35,800 $2,600 $33,200
2021 $736 $32,700 $2,600 $30,100
2020 $703 $31,100 $2,400 $28,700
2019 $683 $30,200 $2,400 $27,800
2018 $639 $27,700 $2,400 $25,300
2017 $548 $27,400 $2,400 $25,000
2016 $548 $27,400 $2,400 $25,000
2014 $436 $21,800 $2,600 $19,200
2013 $436 $21,800 $2,600 $19,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21510404

MIBOR Broker Listing Cooperative®

APN: 48-11-14-101-031.000-003