NOT LISTED FOR SALE

1218 Nichol Ave Anderson, IN 46016

Estimated Value: $76,000 - $130,000

-- Bed
1 Bath
1,196 Sq Ft
$82/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $55,900 $47 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $624/month

3 Days on Market

About This Home

As of December 2020

Great investment opportunity with this 2-unit duplex! Property consists of 2 one-bedroom (front/rear) units. Each unit has a large living area, bedroom, kitchen that includes appliances, full bathroom, and a shared laundry room. The large backyard has plenty of room for both tenants to have their own outdoor space. Convenient street parking in front of the home and easy access to downtown Anderson will help keep tenants in place!

Last Agent to Sell the Property

Nick Rodgers

RE/MAX Real Estate Solutions License #RB14045221 Listed on: 11/16/2020

RE/MAX Real Estate Solutions

Co-Listed By

Joseph Graves

RE/MAX Real Estate Solutions License #RB18002304

Last Buyer's Agent

Hayley Wild

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 9,583

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Additional Features

  • 1-Story Property
  • 9,583 Sq Ft Lot

Community Details

  • N P Sallings Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, all utilities, water
  • The owner pays for taxes
  • Assessor Parcel Number 481114101187000003

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1952
  • Co List Office Phone: 765-640-1900
  • Lot Size Acres: 0.22
  • Structure Type: Duplex
  • Subdivision Name: N P SALLINGS
  • Inspection Warranties: Not Applicable
  • Property Description: Great investment opportunity with this 2-unit duplex! Property consists of 2 one-bedroom (front/rear) units. Each unit has a large living area, bedroom, kitchen that includes appliances, full bathroom, and a shared laundry room. The large backyard has plenty of room for both tenants to have their own outdoor space. Convenient street parking in front of the home and easy access to downtown Anderson will help keep tenants in place!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Common

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 55900
  • Interstate: Ramp>5mi

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 481114101187000003
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Sidewalks
  • Lot Number: 002
  • Lot Size: 45x214

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, All Utilities, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1612
  • Semi Annual Property Tax Amt: 806
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Re Integrity Llc
Bought by
Re Integrity Indy Llc
Current Estimated Value
$98,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,908,000
Outstanding Balance
$1,746,155
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$1,648,678

Purchase Details

Listed on
Nov 16, 2020
Closed on
Dec 10, 2020
Sold by
Indyre Llc
Bought by
Re Integrity Llc
Seller's Agent
Nick Rodgers
RE/MAX Real Estate Solutions
Buyer's Agent
Hayley Wild
Compass Indiana, LLC
List Price
$54,900
Sold Price
$55,900
Premium/Discount to List
$1,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$60,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 20, 2017
Sold by
Madison County Sheriff
Bought by
Savvy In Llc

Purchase Details

Closed on
Feb 14, 2012
Sold by
Ang Bends Llc
Bought by
Mazouz Aviv

Purchase Details

Closed on
Dec 14, 2011
Sold by
Farris Arthur L
Bought by
A N G Bends Llc
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Re Integrity Indy Llc -- None Available
Re Integrity Llc -- Investors Title
Savvy In Llc $4,000 --
Mazouz Aviv -- None Available
A N G Bends Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Re Integrity Indy Llc $1,908,000
Previous Owner Re Integrity Llc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $55,900 +1.8% $47 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $54,900 -- $46 / 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 $1,269 $57,100 $5,000 $52,100
2023 $1,161 $51,900 $4,700 $47,200
2022 $1,230 $55,000 $4,400 $50,600
2021 $1,139 $50,600 $4,400 $46,200
2020 $1,091 $48,300 $4,200 $44,100
2019 $1,611 $47,000 $4,200 $42,800
2018 $997 $43,200 $4,200 $39,000
2017 $852 $42,600 $4,200 $38,400
2016 $852 $42,600 $4,200 $38,400
2014 $682 $34,100 $4,200 $29,900
2013 $682 $34,100 $4,200 $29,900
Source: Public Records

Agents Affiliated with this Home

  • Nick Rodgers

    Seller's Agent in 2020

    Nick Rodgers

    RE/MAX Real Estate Solutions

    (765) 640-1900

    148 in this area

    253 Total Sales

    Nick Rodgers
    Section Image
  • Joseph Graves

    Seller Co-Listing Agent in 2020

    Joseph Graves

    RE/MAX Real Estate Solutions

    (765) 623-9596

    32 in this area

    49 Total Sales

    Joseph Graves
    Section Image

  • H

    Buyer's Agent in 2020

    Hayley Wild

    Compass Indiana, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21751430

MIBOR Broker Listing Cooperative®

APN: 48-11-14-101-187.000-003

Indiana Madison County Anderson 46016

1218 Nichol Ave, Anderson, IN

This home is located at 1218 Nichol Ave, Anderson, IN 46016 since 16 November 2020 and is currently estimated at $98,108, approximately $82 per square foot. This property was built in 1952. 1218 Nichol Ave is a home located in Madison County with nearby schools including Tenth Street Elementary School, Highland Middle School, and Anderson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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