$39,000
SOLD APR 25, 2025

1631 Brown St Anderson, IN 46016

2 Beds
1 Bath
792 Sq Ft
3,223 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

11 Days on Market

Highlights

  • No HOA
  • Woodwork
  • 1-Story Property
  • Covered Patio or Porch
  • Bungalow
  • 3-minute walk to Dickmann Town Center

About This Home

As of April 2025

INVESTOR ALERT! VALUE-ADD RENTAL WELL OVER THE 1% RULE!! Come see this low-priced single family 2br/1ba ranch home located in the heart of Anderson. Very convenient location just blocks into downtown and less than 10min to the newly remodeled casino. The property is tenant occupied and they are paying $850/mo (mo-to-mo). While the home is in rental grade condition, with some repairs and updated it could really shine and both the rent and property value could be improved! Add this property to your rental portfolio and start cash flowing from day 1!

Last Agent to Sell the Property

Peter Stewart

Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 04/01/2025

Keller Williams Indpls Metro N

Last Buyer's Agent

Peter Stewart

Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 04/01/2025

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $510

Year Built

  • Built in 1914

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Laminate Flooring
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Covered Patio or Porch
  • 3,223 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 481113204004000003
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$510

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1914
  • Building Area Total: 1584
  • Garage Y N: No
  • Lot Size Acres: 0.07
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: peter@peterstewartrealty.com
  • Attribution Contact: peter@peterstewartrealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: MicroHood, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Vinyl, WoodWorkStain/Painted
  • Living Area: 792
  • Spa Y N: No
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 792
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered Porch
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 3223
  • Parcel Number: 481113204004000003
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 510
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 255
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2025
Closed on
Apr 25, 2025
Sold by
Wolfe Capital Investments Llc
Bought by
Fairwind Properties Llc
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$39,000
Sold Price
$39,000
Views
27
Current Estimated Value
$44,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,935
Avg. Annual Appreciation
17.35%

Purchase Details

Closed on
Feb 18, 2021
Sold by
Duc Lawrence V
Bought by
Wolfe Capital Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 -- None Listed On Document
Warranty Deed -- Rowland Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2025 04/25/25 Sold $39,000 0.0% $49 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
04/06/2025 04/06/25 For Sale $39,000 0.0% $49 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $39,000 -11.4% $49 / Sq Ft
09/20/2024 09/20/24 Sold $44,000 0.0% $56 / Sq Ft View Prior Sale
08/20/2024 08/20/24 Pending -- -- --
04/16/2024 04/16/24 Price Changed $44,000 -10.2% $56 / Sq Ft
03/26/2024 03/26/24 For Sale $49,000 0.0% $62 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $49,000 -- $62 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $558 $25,100 $3,500 $21,600
2024 $558 $25,100 $3,500 $21,600
2023 $510 $22,800 $3,300 $19,500
2022 $510 $22,800 $3,100 $19,700
2021 $476 $21,100 $3,100 $18,000
2020 $455 $20,100 $2,900 $17,200
2019 $444 $19,600 $2,900 $16,700
2018 $416 $18,000 $2,900 $15,100
2017 $357 $17,800 $2,900 $14,900
2016 $357 $17,800 $2,900 $14,900
2014 $345 $17,200 $3,300 $13,900
2013 $345 $17,200 $3,300 $13,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22028957

MIBOR Broker Listing Cooperative®

APN: 48-11-13-204-004.000-003