NOT LISTED FOR SALE

1218 Nichol Ave Anderson, IN 46016

Estimated Value: $78,000 - $114,000

-- 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. 74% increase in value since last sale

Current estimated payment $623/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 Listed By

Nick Rodgers

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

RE/MAX Real Estate Solutions

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
Total Days on Market
3
Current Estimated Value
$97,477

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
13.44%
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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Anderson, IN

  • 1201 W 1st St, Anderson, IN 46016

    $99,900

    • 2 Beds
    • 2 Baths
    • 1201 W 1st St
    • Anderson, IN

    Nice Duplex Investment Opportunity! Each unit has a Living Room, Dining Room, Bedroom, Kitchen and a Full Bath. 1201 side is vacant, anticipated to lease in the $750 range. 1203 W. 1st receives $650 a month in rent. 1203 has an unfinished basement with laundry hookups and a 1 Car Detached Garage. Front covered porch. Full fenced rear yard.

    Justin Puckett Keller Williams Indy Metro NE

    Section Image
  • 421 W 2nd St, Anderson, IN 46016

    $89,900

    • 1 Bed
    • 1 Bath
    • 421 W 2nd St
    • Anderson, IN

    Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 6 doors across 5 properties, this particular property is a value-add brick ranch duplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 421 W 2nd St, the duplex sits on a flat lot and has a

    Peter Stewart Keller Williams Indpls Metro N

    Section Image
  • 1809 Meridian St, Anderson, IN 46016

    $115,000

    • 2 Beds
    • 1 Bath
    • 1809 Meridian St
    • Anderson, IN

    Don't miss a great cashflow opportunity in the heart of Anderson. This building needs some love, but will consistently bring $2200 - $2800 per month in rents. 4 Units total, with shared laundry space, and parking included. Roofing was just repaired, so no storm damage present.

    Nathan Ehman Trueblood Real Estate

    Section Image
See All Homes in Anderson

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

    158 in this area

    277 Total Sales

    Nick Rodgers
    Section Image
  • Joseph Graves

    Seller Co-Listing Agent in 2020

    Joseph Graves

    RE/MAX Real Estate Solutions

    (765) 623-9596

    33 in this area

    52 Total Sales

    Joseph Graves
    Section Image
  • Hayley Wild

    Buyer's Agent in 2020

    Hayley Wild

    Compass Indiana, LLC

    (317) 405-7915

    34 in this area

    344 Total Sales

    Section Image
See All Agents

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

Homes for Sale in Anderson, IN

This home is located at 1218 Nichol Ave, Anderson, IN 46016 since 16 November 2020 and is currently estimated at $97,477, approximately $81 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 Junior High 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.

Nearby Homes