$235,000
SOLD OCT 31, 2023

1401 E 7th St Anderson, IN 46012

5 Beds
2.5 Baths
3,719 Sq Ft
0.42 Acres

Recently Sold

$63 Per Sq Ft

4% Above List Price

Highlights

  • 0.42 Acre Lot
  • Ranch Style House
  • No HOA
  • Mature Trees
  • Wood Flooring
  • Covered patio or porch

About This Home

As of October 2023

Ranch 4 bedroom home with walkout basement, large fenced yard, attached garage, and independent apartment for income potential near Anderson University. Items replaced within the past 6-7 years include roof, windows, boiler system, some appliances, storm doors, ceiling fans, antenna for local TV, water main replaced and updates to kitchen and bathrooms. Main level features 4 bedrooms, 1.5 bathrooms, living room, dining room, kitchen, and large sunroom with stained glass windows from Park Place Christian Church. Basement has large family room with kitchenette and door to beautiful backyard, great entertaining space. Independent 1 bed/1 bath apartment can be accessed from the exterior or through the main house basement mechanical room.

Last Agent to Sell the Property

Morgan Lathery

Keller Williams Indy Metro S Brokerage Email: Morgan@thelatheryteam.com License #RB14042285 Listed on: 10/05/2023

Keller Williams Indy Metro S

Last Buyer's Agent

Sam Johnson

F.C. Tucker/Thompson

F.C. Tucker/Thompson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,520

Year Built

  • Built in 1951

Lot Details

  • 0.42 Acre Lot
  • Mature Trees
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Whole House Fan
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Electric Oven
  • Laundry on main level
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Outdoor Features

  • Covered patio or porch
  • Fire Pit

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • University Heights Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 481207403147000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,520

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1951
  • Building Area Total: 3965
  • Garage Y N: Yes
  • Lot Size Acres: 0.42
  • Subdivision Name: University Heights
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: Morgan@thelatheryteam.com
  • Attribution Contact: Morgan@thelatheryteam.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Gas Water Heater, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1716
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Hardwood Floors, Hi-Speed Internet Availbl, In-Law Arrangement, Windows Vinyl
  • Living Area: 3719
  • Main Level Bedrooms: 4
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 2003
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 4

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Outdoor Fire Pit
  • Fencing: Fence Complete, Fence Full Rear
  • Foundation Details: Block
  • List Price: 225000
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener, Side Load Garage

Utilities

  • Cooling: Whole House Fan, Window Unit(s)
  • Heating: Gas, Hot Water
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels Description: 481207403147000003
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 18469
  • Parcel Number: 481207403147000003
  • Acres: 1/4-1/2 Acre
  • Price Acre: 559524

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1520
  • Tax Lot: 14
  • Semi Annual Property Tax Amt: 760
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Oct 31, 2023
Sold by
Beamer Jason C and Beamer Julie K
Bought by
Hasenmyer John P and Hasenmyer Elizabeth D
Seller's Agent
Morgan Lathery
Keller Williams Indy Metro S
Buyer's Agent
Sam Johnson
F.C. Tucker/Thompson
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%
Views
17
Current Estimated Value
$232,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,618
Avg. Annual Appreciation
-1.48%
Original Mortgage
$223,250
Outstanding Balance
$220,106
Interest Rate
7.19%
Estimated Equity
$8,820

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 19, 2018
Sold by
Stayer
Bought by
Beamer Beamer
Seller's Agent
Heather Upton
Keller Williams Indy Metro NE
Buyer's Agent
Douglas Lathery
Keller Williams Indy Metro W
List Price
$146,500
Sold Price
$146,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$131,850
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2012
Closed on
Feb 11, 2013
Sold by
Pnc Bank Na
Bought by
Stayer Eric D and Stayer Kristin N
Seller's Agent
John Massey
Massey Real Estate Services
Buyer's Agent
Roger Shoot
Creative Real Estate
List Price
$56,900
Sold Price
$56,000
Premium/Discount to List
-$900
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.71%
Original Mortgage
$44,800
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2012
Sold by
Grubbs Keith A and Grubbs Kim Elizabeth
Bought by
Pnc Bank National Assn
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $235,000 Rowland Title
Deed $146,500 --
Deed $146,500 Chicago Title
Warranty Deed $56,000 --
Sheriffs Deed $66,400 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $223,250 No Value Available
Previous Owner $132,000 New Conventional
Previous Owner $131,850 New Conventional
Previous Owner $30,000 New Conventional
Previous Owner $44,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $235,000 +4.4% $63 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $225,000 +53.6% $61 / Sq Ft
04/19/2018 04/19/18 Sold $146,500 0.0% $37 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $146,500 +161.6% $37 / Sq Ft
08/08/2013 08/08/13 Off Market $56,000 -- --
08/06/2013 08/06/13 For Sale $56,900 +1.6% $14 / Sq Ft
03/11/2013 03/11/13 Sold $56,000 0.0% $14 / Sq Ft
02/16/2013 02/16/13 Off Market $56,000 -- --
09/06/2012 09/06/12 For Sale $56,900 -- $14 / 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 $3,327 $149,700 $27,300 $122,400
2023 $1,494 $136,800 $26,000 $110,800
2022 $1,510 $136,800 $24,900 $111,900
2021 $1,492 $134,600 $16,800 $117,800
2020 $1,416 $128,300 $16,000 $112,300
2019 $1,378 $125,000 $16,000 $109,000
2018 $1,149 $104,000 $11,000 $93,000
2017 $986 $98,600 $7,200 $91,400
2016 $986 $98,600 $7,200 $91,400
2014 $1,010 $101,000 $7,100 $93,900
2013 $1,010 $101,000 $7,100 $93,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21947055

MIBOR Broker Listing Cooperative®

APN: 48-12-07-403-147.000-003