NOT LISTED FOR SALE

1604 W 15th St Anderson, IN 46016

Estimated Value: $67,583 - $114,000

3 Beds
2 Baths
1,380 Sq Ft
$59/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $62,000 $45 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $609/month

14 Days on Market

About This Home

As of August 2022

Here is a great opportunity to add a multifamily property to an existing portfolio or start a new portfolio! This property contains 4 units and 3 of them are already tenant occupied. A buyer could move into the vacant unit without having to complete a ton of work and then continue renting the other units out! This property also features a detached garage which is also bringing in monthly income. Room and unit sizes are estimates. Please do not disturb tenants if driving by.

Last Agent to Sell the Property

Evan Wilbrandt

Wilmoth Group Listed on: 07/11/2022

Last Buyer's Agent

Maxwell Richter

Wilmoth Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1929

Lot Details

  • 7,436 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Community Details

  • Englewood Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for cable TV
  • Assessor Parcel Number 481114103110000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,398

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1929
  • Lot Size Acres: 0.1707
  • Subdivision Name: ENGLEWOOD
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: Cable TV
  • Sq Ft Main Upper: 0
  • Laundry: Common

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 89900

Garage/Parking

  • Unit Parking: 2 Car Garage,On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 481114103110000003
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 156
  • Lot Size: 7,436

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1398
  • Semi Annual Property Tax Amt: 699
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 22, 2022
Sold by
Casa Fortune Four Lp
Bought by
S & M Early Pension Investments Llc
Seller's Agent
Evan Wilbrandt
Wilmoth Group
Buyer's Agent
Maxwell Richter
Wilmoth Group
List Price
$89,900
Sold Price
$62,000
Premium/Discount to List
-$27,900
-31.03%
Current Estimated Value
$81,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,896
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
May 30, 2018
Sold by
Steele
Bought by
Casa Lp

Purchase Details

Closed on
Jan 15, 2008
Sold by
Steele Alfred R
Bought by
Steele Alfrd R and Brisker Frances A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Maxwell John and Steele Debbie
Bought by
Steele Alfred R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
5.91%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
S & M Early Pension Investments Llc -- Hocker Janet Davis
Casa Lp $81,000 --
Casa Fortune Four Lp $81,000 Fidelity National Title
Steele Alfrd R -- --
Steele Alfred R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steele Alfrd R $55,500
Previous Owner Steele Alfred R $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $62,000 -31.0% $45 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $89,900 -- $65 / 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 $1,845 $83,000 $4,500 $78,500
2023 $1,620 $72,400 $4,300 $68,100
2022 $1,604 $71,700 $3,900 $67,800
2021 $1,460 $64,900 $3,900 $61,000
2020 $1,398 $61,900 $3,700 $58,200
2019 $1,361 $60,200 $3,700 $56,500
2018 $1,867 $55,300 $3,700 $51,600
2017 $1,092 $54,600 $3,700 $50,900
2016 $1,092 $54,600 $3,700 $50,900
2014 $694 $34,700 $4,300 $30,400
2013 $694 $34,700 $4,300 $30,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21869353

MIBOR Broker Listing Cooperative®

APN: 48-11-14-103-110.000-003