NOT LISTED FOR SALE

1409 W 3rd St Anderson, IN 46016

Estimated Value: $89,000 - $101,000

1 Bed
1 Bath
774 Sq Ft
$122/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $92,500 $120 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $624/month

146 Days on Market

Highlights

  • Neighborhood Views
  • 1-Story Property
  • 3-minute walk to River Bend Park
  • Bungalow
  • Forced Air Heating System

About This Home

As of April 2024

Fantastic opportunity to own an investment property in great condition that has been well maintained! This duplex offers 1 BR, 1 BA in each unit, galley kitchens, dining room, and private basements for both sides. Both units have laundry hookups in the basement along with separate meters, furnaces, and electric panels. Kitchens have a stove and refrigerator in each. Large backyard with alley access and easy parking. Continue to rent out both units for some cash flow or live on one side and rent the other! Tenants are leased until September of 2024. Close to several parks and easy access to Route 32.

Last Listed By

Patrick Keller

CrestPoint Real Estate Brokerage Email: patrick@CrestPointIndy.com License #RB15001255 Listed on: 11/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1917

Lot Details

  • 6,204 Sq Ft Lot

Parking

  • Alley Access

Home Design

  • Duplex
  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Neighborhood Views
  • Unfinished Basement
  • Laundry in Basement
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Evalyn Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, insurance, lawncare, sewer, trash collection, water
  • The owner pays for ins hazard, insurance, taxes
  • Legal Lot and Block 185 / 11
  • Assessor Parcel Number 481111402051000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,130

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1917
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Evalyn
  • Transaction Type: Sale
  • Website: https://www.patrickkeller.realtor/
  • Conversion: Yes
  • Price Unit: 46250
  • MBR_AttributionContact: patrick@CrestPointIndy.com
  • Multi Rooms: 8
  • Attribution Contact: patrick@CrestPointIndy.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: One
  • Owner Pays: Ins Hazard, Insurance, Taxes
  • Possible Use: Residential

Exterior Features

  • Construction Materials: Aluminum Siding
  • Direction Faces: North
  • Foundation Details: Block
  • List Price: 92500
  • View: Neighborhood
  • View Y N: Yes
  • Waterfront: No
  • Road Access: Access Rd

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: On Street

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Laundry Features: Connections All, In Basement
  • Solid Waste: No

Fee Information

  • Expenses: 2600

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 6204
  • Parcel Number: 481111402051000003
  • Zoning: residential
  • Acres: <1/4 Acre
  • Price Acre: 660714

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Insurance, Lawncare, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 10600
  • Gross Income: 13200
  • Insurance Expense: 500
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1130
  • Tax Block: 11
  • Tax Lot: 185
  • Semi Annual Property Tax Amt: 565
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Apr 30, 2024
Sold by
Mustard Seed Properties Llc
Bought by
Nutrilyft Llc
Seller's Agent
Patrick Keller
CrestPoint Real Estate
Buyer's Agent
Anthony Povinelli
CityPlace Realty
List Price
$97,700
Sold Price
$92,500
Premium/Discount to List
-$5,200
-5.32%
Total Days on Market
146
Views
200
Current Estimated Value
$94,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,730
Avg. Annual Appreciation
1.85%

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
Nutrilyft Llc $92,500 Absolute Title Inc
Mustard Seed Properties Llc $92,500 Absolute Title Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $92,500 0.0% $120 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
12/16/2023 12/16/23 Price Changed $92,500 -5.3% $120 / Sq Ft
11/08/2023 11/08/23 For Sale $97,700 -- $126 / 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 $1,227 $55,200 $6,800 $48,400
2023 $1,127 $50,400 $6,500 $43,900
2022 $1,130 $50,500 $6,200 $44,300
2021 $1,042 $46,300 $6,100 $40,200
2020 $1,001 $44,300 $5,800 $38,500
2019 $977 $43,200 $5,800 $37,400
2018 $919 $39,800 $5,800 $34,000
2017 $786 $39,300 $5,800 $33,500
2016 $786 $39,300 $5,800 $33,500
2014 $774 $38,700 $5,800 $32,900
2013 $774 $38,700 $5,800 $32,900
Source: Public Records

Agents Affiliated with this Home

  • Patrick Keller

    Seller's Agent in 2024

    Patrick Keller

    CrestPoint Real Estate

    (317) 364-5858

    2 in this area

    462 Total Sales

    Patrick Keller
    Section Image

  • A

    Buyer's Agent in 2024

    Anthony Povinelli

    CityPlace Realty

    (317) 492-7317

    2 in this area

    31 Total Sales

    Section Image
See All Agents

Map

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
  • 420 E 14th St, Anderson, IN 46016

    $109,900

    • 3 Beds
    • 2 Baths
    • 420 E 14th St
    • Anderson, IN

    Updated Duplex. Investment opportunity or live in one unit and rent the other. The upper level with 1 bed, 1 bath, living room, updated kitchen, modern bathroom, high quality flooring, dual pane windows, central air, and heat. Modern Romex wiring and electrical panel with plastic water pipes. The main level has an attached 1 car garage, and concrete driveway for parking. The high ceilings,

    Beau Gibson F.C. Tucker Company

    Section Image
See All Homes in Anderson

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21951676

MIBOR Broker Listing Cooperative®

APN: 48-11-11-402-051.000-003

Indiana Madison County Anderson 46016

1409 W 3rd St, Anderson, IN

Homes for Sale in Anderson, IN

This home is located at 1409 W 3rd St, Anderson, IN 46016 since 08 November 2023 and is currently estimated at $94,230, approximately $121 per square foot. This property was built in 1917. 1409 W 3rd St is a home located in Madison County with nearby schools including Eastside 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.