NOT LISTED FOR SALE

131 W 5th St Anderson, IN 46016

Estimated Value: $59,000 - $215,000

4 Beds
1 Bath
3,320 Sq Ft
$45/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $47,500 $14 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $1,011/month

235 Days on Market

Highlights

  • Guest House
  • Victorian Architecture
  • Corner Lot
  • Wood Flooring
  • 2 Fireplaces
  • 2-minute walk to Anderson City Parks Department

About This Home

As of July 2023

Back on Market! TWO HOUSES ON ONE CITY LOT! A unique opportunity for investors! It's a chance to bring a historic Anderson property to its former glory. Built in 1885, this Victorian house has the potential to be a elegant residence or dual rental property. But wait! There's more! A second house is right behind this classic on the same lot. A two-story, two bedroom, one bathroom house. Both are being sold As-Is and all contents come with the houses. Both are restoration projects and each could be rental properties. Zoning of the property is B-2, which will give you, the investor, flexibility in you plans for these buildings. Cash only. No hard money loans accepted.

Last Agent to Sell the Property

Rafael Vega

White Stag Realty, LLC License #RB21001990 Listed on: 11/03/2022

Last Buyer's Agent

Jerome Gordon

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1885

Lot Details

  • 10,367 Sq Ft Lot
  • Corner Lot

Home Design

  • Victorian Architecture
  • Block Foundation

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Family Room on Second Floor
  • Formal Dining Room
  • Wood Flooring
  • Permanent Attic Stairs
  • Unfinished Basement

Kitchen

  • <<doubleOvenToken>>
  • Electric Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Porch

Additional Homes

  • Guest House

Utilities

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

Community Details

  • No Home Owners Association
  • Hazletts Subdivision

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 481112402133000003

Home Details

Home Type

Single Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1885
  • Building Area Total: 4251
  • Garage Y N: No
  • Lot Size Acres: 0.238
  • Subdivision Name: Hazletts
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: rafaelvega@whitestagrealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Oven, Refrigerator, Double Oven, Electric Water Heater
  • Levels: Three Or More
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 558
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Attic Stairway
  • Living Area: 3320
  • Other Equipment: Not Applicable
  • Areas Interior: Family Room 2nd Story
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1489
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1273
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Wood
  • Exterior Features: Carriage/Guest House, Balcony
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • List Price: 60000
  • Patio And Porch Features: Porch Open

Garage/Parking

  • Parking Features: None
  • Garage Parking Other: Other

Utilities

  • Cooling: None
  • Heating: Baseboard, Forced Air, Electric, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Corner Lot, See Remarks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 10367
  • Parcel Number: 481112402133000003
  • Acres: <1/4 Acre
  • Price Acre: 199579.831932773

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1842
  • Tax Lot: 77
  • Semi Annual Property Tax Amt: 921
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Jul 10, 2023
Sold by
Mercer Mark Charles and Degies Cynthia Lorraine
Bought by
Harris Property Investments Llc
Seller's Agent
Rafael Vega
White Stag Realty, LLC
Buyer's Agent
Jerome Gordon
F.C. Tucker Company
List Price
$60,000
Sold Price
$47,500
Premium/Discount to List
-$12,500
-20.83%
Views
314
Current Estimated Value
$150,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,852
Avg. Annual Appreciation
66.03%

Purchase Details

Closed on
Oct 15, 2021
Sold by
Mercer James H
Bought by
Mercer Mark Charles and Degies Cynthia Lorraine
Source: Public Records

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

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
Harris Property Investments Llc $47,500 None Listed On Document
Mercer Mark Charles -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $47,500 -20.8% $14 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $60,000 0.0% $18 / Sq Ft
06/20/2023 06/20/23 For Sale $60,000 -23.1% $18 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
02/27/2023 02/27/23 Price Changed $78,000 -21.9% $23 / Sq Ft
02/26/2023 02/26/23 For Sale $99,900 0.0% $30 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
12/17/2022 12/17/22 Price Changed $99,900 -9.2% $30 / Sq Ft
12/05/2022 12/05/22 Price Changed $110,000 -8.3% $33 / Sq Ft
11/03/2022 11/03/22 For Sale $120,000 -- $36 / 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 $2,162 $97,300 $12,800 $84,500
2023 $1,991 $89,000 $12,200 $76,800
2022 $2,000 $89,400 $11,800 $77,600
2021 $1,843 $81,900 $11,700 $70,200
2020 $1,762 $78,000 $11,200 $66,800
2019 $3,513 $76,000 $11,200 $64,800
2018 $2,370 $69,800 $11,200 $58,600
2017 $1,380 $69,000 $11,200 $57,800
2016 $974 $89,400 $11,200 $78,200
2014 $687 $68,700 $12,200 $56,500
2013 $687 $68,700 $12,200 $56,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21891794

MIBOR Broker Listing Cooperative®

APN: 48-11-12-402-133.000-003