NOT LISTED FOR SALE

1809 E 6th St Anderson, IN 46012

Estimated Value: $134,000 - $205,697

5 Beds
4 Baths
2,632 Sq Ft
$64/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $155,000 $59 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,096/month

10 Days on Market

About This Home

As of April 2024

GREAT INVESTMENT OPPORTUNITY NEAR ANDERSON UNIVERSITY. This property 2-duplex homes consisting of one- 2 bedroom units and three- 1 bedroom units. Tenants pay utilities. Convenient location close to shopping and dining.

Last Agent to Sell the Property

Joann Davis

F.C. Tucker Muncie, REALTORS Brokerage Phone: 765-748-1316 Listed on: 02/09/2024

F.C. Tucker Muncie, REALTORS

Last Buyer's Agent

Joann Davis

F.C. Tucker Muncie, REALTORS Brokerage Phone: 765-748-1316 Listed on: 02/09/2024

F.C. Tucker Muncie, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,846

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 55x130
  • Level Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Concrete
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Dirt Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Eastside Elementary School
  • Highland Junior High
  • Anderson High School

Utilities

  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • The owner pays for tax
  • Assessor Parcel Number 48-12-07-404-003.000-003

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $3,600
  • Water Sewer Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,846

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1930
  • Age: 94
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: PT E2 SE 07-19-8 PL 03 0 12 A
  • Parcel Number ID: 48-12-07-404-003.000-003
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Cable Available, Cable Ready, Countertops-Laminate, Detector-Smoke
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 91.72
  • Monthly Gross Income: 2585
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 3372
  • Total Finished Sq Ft: 2632
  • Above Grade Finished Sq Ft: 2632
  • Below Grade Sq Ft: 740
  • Price Per Sq Ft: 58.89
  • Basement: Yes
  • Basement Foundation: Slab, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Concrete, Vinyl Tile, Vinyl
  • Main Level Sq Ft: 1316
  • Total Below Grade Sq Ft: 740
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Dirt
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Off Street

Utilities

  • Heating Fuel: Electricity, Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Anderson City Utilities
  • Annual Electric: 3600
  • Annual Water Sewer Expense: 2400
  • Number Electric Meters: 5
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Anderson Community
  • Elementary School: Eastside
  • Middle School: Highland Junior High
  • High School: Anderson
  • Elementary School: Eastside

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 55X130
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 2585
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1846

MLS Schools

  • High School: Anderson
  • Middle School: Highland Junior High
  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 24, 2024
Sold by
Iwasaki Kallin M
Bought by
Zedeo Group Llc
Seller's Agent
Joann Davis
F.C. Tucker Muncie, REALTORS
Buyer's Agent
Joann Davis
F.C. Tucker Muncie, REALTORS
List Price
$169,000
Sold Price
$155,000
Premium/Discount to List
-$14,000
-8.28%
Views
18
Current Estimated Value
$168,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,174
Avg. Annual Appreciation
0.11%
Original Mortgage
$124,000
Outstanding Balance
$122,575
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$32,635

Purchase Details

Closed on
Sep 10, 2021
Sold by
Au Investments Llc
Bought by
Iwasaki Kallin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Zedeo Group Llc $155,000 None Listed On Document
Iwasaki Kallin M $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zedeo Group Llc $124,000
Previous Owner Iwasaki Kallin M $82,500
Previous Owner Au Investments Llc $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $155,000 -8.3% $59 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $169,000 -- $64 / Sq Ft
Source: Indiana Regional MLS

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 $2,009 $90,400 $9,400 $81,000
2023 $1,839 $82,200 $8,900 $73,300
2022 $1,848 $82,600 $8,600 $74,000
2021 $1,706 $75,800 $8,500 $67,300
2020 $1,631 $72,200 $8,100 $64,100
2019 $1,508 $66,700 $8,100 $58,600
2018 $1,410 $61,100 $8,100 $53,000
2017 $1,214 $60,700 $8,100 $52,600
2016 $1,214 $60,700 $8,100 $52,600
2014 $1,210 $60,500 $7,400 $53,100
2013 $1,210 $60,500 $7,400 $53,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202404132

Indiana Regional MLS

APN: 48-12-07-404-003.000-003