1405 W 4th St Anderson, IN 46016
Estimated Value: $58,000 - $101,000
3
Beds
1
Bath
1,512
Sq Ft
$51/Sq Ft
Est. Value
Highlights
- No HOA
- 2 Car Detached Garage
- 1-Story Property
About This Home
As of April 2024Action Required: No Wholesaler offers will be considered. Proof of funds and all contracts must be in the name of the end user. All showings require proof of funds, no exceptions. Financing Type: Cash, Conventional Financing Keep it as a rental and raise rents to fair market value (Shortage of Section 8 Housing in Anderson. See upside remarks below) Upside Potential: According to the 2024 HUD Fair Market Rents (FMRs) for the 46016 Zip Code, there is substantial room for rent increase, with the potential to raise total rent to $1,468. Property can be sold as a package deal. (See remarks below) Listing Broker has a spreadsheet with underwriting analysis on investment property, PDF copy of the underwriting on file. If represented by an outside agency, connect your representative. In order to receive financial information and data analysis buyers must register through the listing broker even if represented by an outside agency. Please note: Interior of property has not been examined due to tenant occupancy. All financial projections and data are based on available information and should be independently verified by the buyer. Once under contract, buyers may conduct physical inspection to verify the condition of property. Package: 2203-2205 George St (Duplex), 1405 W 4th St, 1202 Home Ave, 1124 Home Ave, 1304 E 27th St, 125 E 35th St, 2939 Columbus Ave. All investment properties can be bought as a package or individually. See MLS listings.
Last Agent to Sell the Property
Trueblood Real Estate Brokerage Email: jordanice@fmvrei.com License #RB23001166 Listed on: 02/21/2024
Last Buyer's Agent
Trueblood Real Estate Brokerage Email: jordanice@fmvrei.com License #RB23001166 Listed on: 02/21/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1910
Lot Details
- 6,336 Sq Ft Lot
Parking
- 2 Car Detached Garage
Interior Spaces
- 1,512 Sq Ft Home
- 1-Story Property
- Vinyl Clad Windows
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Highland Middle School
- Anderson Intermediate School
Community Details
- No Home Owners Association
- Evalyn Subdivision
Listing and Financial Details
- Tax Lot 274
- Assessor Parcel Number 481111402087000003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 21, 2025
Sold by
Aurum 2 Llc
Bought by
Amercian International Home Investments Fund
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Outstanding Balance
$358,319
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$279,704
Purchase Details
Closed on
Feb 14, 2025
Sold by
Z & M Property Management Llc
Bought by
Aurum 2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Outstanding Balance
$358,319
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$279,704
Purchase Details
Closed on
Jul 19, 2024
Sold by
Marks Michael and Marks Zainab
Bought by
Z & M Property Management Llc
Purchase Details
Listed on
Feb 21, 2024
Closed on
Mar 22, 2024
Sold by
Set Sail Investments Llc
Bought by
Marks Michael and Marks Zainab
Seller's Agent
Jordan Ice
Trueblood Real Estate
Buyer's Agent
Jordan Ice
Trueblood Real Estate
List Price
$45,000
Sold Price
$53,000
Premium/Discount to List
$8,000
17.78%
Views
78
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.67%
Purchase Details
Closed on
Aug 10, 2020
Sold by
Meyer Citivest Llc
Bought by
Set Sail Investments Llc
Purchase Details
Closed on
Sep 5, 2019
Sold by
Kocinski Ken A
Bought by
Meyercitivest Llc
Similar Homes in Anderson, IN
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Amercian International Home Investments Fund | $95,000 | Fidelity National Title | |
| Aurum 2 Llc | $95,000 | None Listed On Document | |
| Z & M Property Management Llc | -- | None Listed On Document | |
| Marks Michael | $53,000 | Absolute Title Inc | |
| Set Sail Investments Llc | -- | Indiana Land Title | |
| Meyercitivest Llc | $30,000 | Rowland Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Amercian International Home Investments Fund | $359,200 | |
| Closed | American International Home In | $359,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2024 04/24/24 | Sold | $53,000 | -3.6% | $35 / Sq Ft |
| 03/01/2024 03/01/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | Price Changed | $55,000 | +22.2% | $36 / Sq Ft |
| 02/21/2024 02/21/24 | For Sale | $45,000 | -- | $30 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $1,127 | $50,700 | $6,900 | $43,800 |
| 2023 | $1,034 | $46,200 | $6,600 | $39,600 |
| 2022 | $1,036 | $46,300 | $6,300 | $40,000 |
| 2021 | $950 | $42,200 | $6,200 | $36,000 |
| 2020 | $913 | $40,400 | $5,900 | $34,500 |
| 2019 | $893 | $39,500 | $5,900 | $33,600 |
| 2018 | $582 | $25,200 | $5,900 | $19,300 |
| 2017 | $504 | $25,200 | $5,900 | $19,300 |
| 2016 | $504 | $25,200 | $5,900 | $19,300 |
| 2014 | $504 | $25,200 | $5,900 | $19,300 |
| 2013 | $504 | $25,200 | $5,900 | $19,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jordan Ice
Seller's Agent in 2024
Jordan Ice
Trueblood Real Estate
(317) 501-4499
9 in this area
17 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21965033
APN: 48-11-11-402-087.000-003
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.
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
- 1106 W 4th St
- 1640 W 7th St
- 1644 W 7th St
- 1023 W 7th St
- 1425 W 9th St
- 1819 W 6th St
- 1011 W 7th St
- 1227 W 9th St
- 825 Arrow Ave
- 905 W 3rd St
- 1207 W 10th St
- 917 W 8th St
- 1717 W 10th St
- 1124 Victory Ct
- 1222 Nichol Ave
- 1910 W 10th St
- 827 W 9th St
- 1201 Arrow Ave
- 731 W 9th St Unit Anderson
- 1020 W Riverview Dr