$50,000
SOLD APR 15, 2025

1709 Central Ave Anderson, IN 46016

2 Beds
1 Bath
1,321 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

11% Above List Price

3 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Formal Dining Room
  • Wood Flooring
  • Covered Patio or Porch
  • Wood Frame Window

About This Home

As of April 2025

Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 8 doors across 7 residential properties, this particular property is a lovely single-family ranch home. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 1709 Central Ave, the home features 2 bedrooms and 1 bathroom, and it needs a complete renovation to bring it to its former glory. A spacious formal dining room could be converted to a 3rd bedroom. All properties in this portfolio are vacant, offering a blank canvas for renovations. Condition levels vary, and the pricing reflects their as-is status-giving savvy investors a prime opportunity to add value and maximize returns. Located within blocks of downtown Anderson and the St Vincent hospital, this property also benefits from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with cash-flowing rentals or prefer a BRRRR or flip strategy, this package provides a golden chance to invest in a rapidly improving area. Capitalize on this unique opportunity and grow your real estate portfolio today!

Last Agent to Sell the Property

Peter Stewart

Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 03/04/2025

Keller Williams Indpls Metro N

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $774

Year Built

  • Built in 1910

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Aluminum Siding

Interior Spaces

  • 1,321 Sq Ft Home
  • Wood Frame Window
  • Formal Dining Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Cellar
  • Crawl Space

Additional Features

  • Covered Patio or Porch
  • 6,970 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Jacksons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481113104138000003
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$774

Year Built

Built in 1910

Lot Details

6,970 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1910
  • Building Area Total: 1651
  • Garage Y N: Yes
  • Lot Size Acres: 0.16
  • Subdivision Name: Jacksons
  • 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: Cellar
  • Appliances: Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Wood
  • Living Area: 1321
  • Spa Y N: No
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1321
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Covered Patio, Covered Porch
  • Pool Private Y N: No
  • Property Condition: Fixer
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling: None
  • 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: 6970
  • Parcel Number: 481113104138000003
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 774
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 387
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Apr 9, 2025
Sold by
Set Sail Investments Llc
Bought by
Lighthouse Estates Llc
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$45,000
Sold Price
$50,000
Premium/Discount to List
$5,000
11.11%
Views
8
Current Estimated Value
$53,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,943
Avg. Annual Appreciation
8.60%
Original Mortgage
$80,000
Outstanding Balance
$79,497
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
-$25,554

Purchase Details

Closed on
Aug 10, 2020
Sold by
Meyer Charitable Trust
Bought by
Set Investments Llc

Purchase Details

Closed on
May 10, 2019
Sold by
Taylor Austin
Bought by
Meyer Charitable Trust
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
Deed -- American Land Title
Warranty Deed $28,000 Rowland Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2025 04/15/25 Sold $50,000 +11.1% $38 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $45,000 -- $34 / 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 $842 $41,700 $5,700 $36,000
2024 $842 $37,900 $5,700 $32,200
2023 $774 $34,600 $5,500 $29,100
2022 $774 $34,600 $5,200 $29,400
2021 $709 $31,500 $5,100 $26,400
2020 $680 $30,100 $4,900 $25,200
2019 $613 $27,100 $3,900 $23,200
2018 $572 $24,800 $3,900 $20,900
2017 $490 $24,500 $3,900 $20,600
2016 $490 $24,500 $3,900 $20,600
2014 $446 $22,300 $4,700 $17,600
2013 $446 $22,300 $4,700 $17,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22024253

MIBOR Broker Listing Cooperative®

APN: 48-11-13-104-138.000-003

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