NOT LISTED FOR SALE

1506 Walnut St Anderson, IN 46016

Estimated Value: $72,892 - $80,000

3 Beds
3 Baths
2,150 Sq Ft
$36/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $69,000 $32 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $478/month

64 Days on Market

About This Home

As of May 2023

Check out this investment opportunity! Triplex located centrally in Anderson. Property features 3 units (2 Bed 1 Bath main level, 1 Bed 1 Bath upper level, studio/efficiency unit upper level), 2 car detached garage for extra storage income, and a full basement for ease of maintenance on mechanicals!

Last Listed By

Bryce Conyers

Starr Real Estate LLC Brokerage Email: bconyers@gmail.com License #RB14037848 Listed on: 01/30/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1950

Lot Details

  • 5,382

Home Design

  • Triplex
  • Traditional Architecture

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • 5,382 Sq Ft Lot
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 481218203052000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$600

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1950
  • Lot Size Acres: 0.12
  • Structure Type: Triplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 23000
  • MBR_AttributionContact: bconyers@gmail.com
  • Attribution Contact: bconyers@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 79900
  • Road Access: Not Applic

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Solid Waste: No

Fee Information

  • Expenses: 4400

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Apt>20
  • Lot Size Sq Ft: 5382
  • Parcel Number: 481218203052000003
  • Zoning: residential
  • Price Acre: 575000

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 8700
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 600
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
May 10, 2023
Sold by
Set Sell Investments Llc
Bought by
Shlain Tal
Seller's Agent
Bryce Conyers
Starr Real Estate LLC
Buyer's Agent
Stuart Houghton
Keller Williams Indy Metro S
List Price
$84,900
Sold Price
$69,000
Premium/Discount to List
-$15,900
-18.73%
Total Days on Market
64
Views
215
Current Estimated Value
$76,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,973
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Mar 11, 2020
Sold by
L & S Properties Of Indiana Llc
Bought by
Set Sail Investments Llc

Purchase Details

Closed on
Oct 8, 2015
Sold by
Madison County Auditor
Bought by
L & S Properties Of Indiana Ll

Purchase Details

Closed on
Sep 14, 2015
Sold by
Townsend John
Bought by
Townsend John

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
Shlain Tal $69,000 None Listed On Document
Set Sail Investments Llc -- None Available
L & S Properties Of Indiana Ll $1,501 --
Townsend John -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $69,000 -13.6% $32 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/16/2023 03/16/23 Price Changed $79,900 -5.9% $37 / Sq Ft
01/30/2023 01/30/23 For Sale $84,900 -- $39 / 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 $589 $26,500 $1,500 $25,000
2023 $593 $26,500 $4,200 $22,300
2022 $597 $26,700 $4,000 $22,700
2021 $596 $26,500 $4,200 $22,300
2020 $599 $26,500 $3,200 $23,300
2019 $599 $28,000 $3,500 $24,500
2018 $589 $25,500 $3,500 $22,000
2017 $506 $25,300 $3,500 $21,800
2016 $506 $25,300 $3,500 $21,800
2014 $1,118 $54,600 $4,000 $50,600
2013 $1,118 $54,600 $4,000 $50,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21903445

MIBOR Broker Listing Cooperative®

APN: 48-12-18-203-052.000-003