$125,000
SOLD FEB 3, 2025

1504 W 11th St Anderson, IN 46016

3 Beds
1 Bath
1,598 Sq Ft
6,600 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

3 Days on Market

Highlights

  • No HOA
  • Combination Kitchen and Dining Room
  • Carpet
  • Forced Air Heating System

About This Home

As of February 2025

Investor Opportunity! Recently renovated 3-bedroom, 1-bath home offering a stable investment with a HUD lease in place at $1,350/month, meeting the coveted 1% rule. Tenant pays all utilities and lawn care. This property is turnkey with fresh updates, including new flooring, paint, appliances, and several new windows. Designed for low maintenance, it's an excellent addition to any portfolio. Don't miss this chance to secure consistent cash flow with a property that's already generating income!

Last Agent to Sell the Property

Alyssa Burton

Inspired Realty Brokerage Email: ab.inspiredinvestments@gmail.com License #RB22002421 Listed on: 12/10/2024

Last Buyer's Agent

Cory Parker

RE/MAX Real Estate Solutions

RE/MAX Real Estate Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $818

Year Built

  • Built in 1946

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Window Screens
  • Combination Kitchen and Dining Room
  • Electric Oven
  • Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Highland Middle School
  • Anderson Intermediate School

Additional Features

  • 6,600 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 48-11-14-102-077.000-003
  • Assessor Parcel Number 481114102077000003
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$818

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1946
  • Building Area Total: 2397
  • Garage Y N: No
  • Lot Size Acres: 0.15
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: ab.inspiredinvestments@gmail.com
  • Attribution Contact: ab.inspiredinvestments@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Screens Complete, Windows Vinyl
  • Living Area: 1598
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 799
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 799
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Block
  • List Price: 124900

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Highland Middle School
  • MBR_IntermediateSchool: Anderson Intermediate School

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 6600
  • Parcel Number: 481114102077000003
  • Acres: <1/4 Acre
  • Price Acre: 833333

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 818
  • Tax Lot: 48-11-14-102-077.000-003
  • Semi Annual Property Tax Amt: 409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
Jan 29, 2025
Sold by
Inspired Partnership Llc-S Series 2
Bought by
Coon Matthew Mark
Seller's Agent
Alyssa Burton
Inspired Realty
Buyer's Agent
Cory Parker
RE/MAX Real Estate Solutions
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%
Views
8
Current Estimated Value
$122,382

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
-2.98%
Original Mortgage
$100,000
Outstanding Balance
$99,383
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$22,999

Purchase Details

Closed on
Sep 12, 2024
Sold by
Aurum 2 Llc
Bought by
Inspired Partnerships Llc-S Series 2

Purchase Details

Closed on
Jul 26, 2019
Sold by
Inpro Investment Partners Iv L
Bought by
Three Stripe Properties Llc

Purchase Details

Closed on
May 27, 2011
Sold by
Peoples Space Properties Llc
Bought by
Sailers Wayne and Sailers Nancy

Purchase Details

Closed on
May 30, 2006
Sold by
Fitzjarrell Larry J and Blakey George R
Bought by
Peoples Space Properties Llc
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $125,000 Absolute Title Inc
Warranty Deed -- Fidelity National Title
Warranty Deed -- Fidelity National Title
Limited Warranty Deed $30,000 Rowland Title
Land Contract $32,000 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2025 02/03/25 Sold $125,000 +0.1% $78 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
12/10/2024 12/10/24 For Sale $124,900 -- $78 / 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 $891 $40,100 $4,200 $35,900
2023 $819 $36,600 $4,000 $32,600
2022 $819 $36,600 $3,700 $32,900
2021 $756 $33,600 $3,700 $29,900
2020 $725 $32,100 $3,500 $28,600
2019 $708 $31,300 $3,500 $27,800
2018 $665 $28,800 $3,500 $25,300
2017 $570 $28,500 $3,500 $25,000
2016 $600 $30,000 $3,500 $26,500
2014 $584 $29,200 $4,000 $25,200
2013 $584 $29,200 $4,000 $25,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22014522

MIBOR Broker Listing Cooperative®

APN: 48-11-14-102-077.000-003