NOT LISTED FOR SALE

1401 Cedar St Anderson, IN 46016

Estimated Value: $62,000 - $85,000

2 Beds
1 Bath
806 Sq Ft
$86/Sq Ft Est. Value

Last Sold September 02, 2012

Last sale price $11,500 $14 Per Sq Ft

Est. 502% increase in value since last sale

Current estimated payment $430/month

40 Days on Market

About This Home

As of September 2012

Opportunity time with this duplex. Do not miss this with one unit having 3 bedrooms and the other with 2 bedrooms. Definite money maker!!! This is a Fannie Mae HomePath property. The seller has directed that all offers be submitted at HomePath.com. Please go to HomePath.com to check Owner Occupant Priority status first 15 days and submit an offer. Please send pre-approval/proof of funds and attached cover form to Offers@AmericanREOSales.com. See attached for required documents and offer submission instructions.

Last Listed By

Frank Rodebaugh

American Wholesale Properties, Inc Listed on: 07/06/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x127

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 806 Sq Ft Home
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 481114104048000003

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1993
  • Age: 21
  • Architectural Style: Duplex
  • Total Number of Rooms: 11
  • Legal Description: HAZELWOOD 0.0000Acres STR
  • Parcel Number ID: 481114104048000003
  • Platted: Yes
  • Sp Lp Percent: 85.19
  • Special Features: None

Interior Features

  • Total Sq Ft: 806
  • Total Finished Sq Ft: 806
  • Above Grade Finished Sq Ft: 806
  • Price Per Sq Ft: 14.27
  • Basement Foundation: Crawl
  • Kitchen: Dimensions: 14x10, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Bedroom 4: Dimensions: 12x10, On Level: Main
  • Bedroom 5: Dimensions: 12x10, On Level: Main

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Anderson City Utilities

Schools

  • Elementary School: Anderson
  • Middle School: Anderson North
  • High School: Anderson

Lot Info

  • Lot Dimensions: 50x127
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Tax Info

  • Annual Taxes: 930
  • Total Assessed Value: 46500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2021
Sold by
Blackstar Stability Distressed Debt Fund
Bought by
Patchett Kyle R and Silverox Devon E
Total Days on Market
40
Current Estimated Value
$69,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$37,178
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$32,026

Purchase Details

Closed on
Oct 2, 2020
Sold by
Home American Fund I Lp
Bought by
Blackstar Stability Distressed Debt Fund

Purchase Details

Closed on
Nov 13, 2013
Sold by
Home America Llc
Bought by
Home America Fund I Lp

Purchase Details

Closed on
Nov 11, 2013
Sold by
Home Lp
Bought by
Home Lp

Purchase Details

Listed on
Jul 6, 2012
Closed on
Aug 29, 2012
Sold by
Fannie Mae
Bought by
Home America Llc
Seller's Agent
Frank Rodebaugh
American Wholesale Properties, Inc
Buyer's Agent
Frank Rodebaugh
American Wholesale Properties, Inc
List Price
$15,500
Sold Price
$11,500
Premium/Discount to List
-$4,000
-25.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.18%

Purchase Details

Closed on
May 18, 2012
Sold by
Dunn Maurice and Dunn Patricia J
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jul 28, 2005
Sold by
Buck Christopher E and Buck Christine A
Bought by
Dunn Maurice and Dunn Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
5.82%
Mortgage Type
New Conventional

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
Patchett Kyle R $40,953 Stewart Title
Blackstar Stability Distressed Debt Fund $21,702 None Available
Home America Fund I Lp -- --
Home Lp $19,000 --
Home America Llc $11,500 None Available
Home America Llc -- None Available
Fannie Mae $44,091 None Available
Dunn Maurice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patchett Kyle R $40,000
Previous Owner Home America Llc $13,800
Previous Owner Dunn Maurice $51,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2012 09/02/12 Sold $11,500 -25.8% $14 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
07/06/2012 07/06/12 For Sale $15,500 -- $19 / Sq Ft
Source: Indiana Regional MLS

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 $561 $53,100 $4,100 $49,000
2023 $839 $51,000 $3,900 $47,100
2022 $741 $51,200 $3,600 $47,600
2021 $450 $46,800 $3,600 $43,200
2020 $1,012 $44,800 $3,400 $41,400
2019 $986 $43,600 $3,400 $40,200
2018 $949 $41,100 $3,400 $37,700
2017 $816 $40,800 $3,400 $37,400
2016 $816 $40,800 $3,400 $37,400
2014 $876 $43,800 $3,900 $39,900
2013 $876 $44,400 $3,900 $40,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 20026956

Indiana Regional MLS

APN: 48-11-14-104-048.000-003