$95,000
SOLD JUN 30, 2025

1809 Meridian St Anderson, IN 46016

2 Beds
1 Bath
2,470 Sq Ft
5,760 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

17% Below List Price

51 Days on Market

About This Home

As of June 2025

Don't miss a great cashflow opportunity in the heart of Anderson. This building needs some love, but will consistently bring $2200 - $2800 per month in rents. 4 Units total, with shared laundry space, and parking included. Roofing was just repaired, so no storm damage present.

Last Agent to Sell the Property

Nathan Ehman

Trueblood Real Estate License #RB18001247 Listed on: 04/23/2025

Trueblood Real Estate

Last Buyer's Agent

Carol Miller

Engel & Volkers License #RB14012510

Engel & Volkers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,522

Year Built

  • Built in 1898

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Highland Middle School
  • Anderson Intermediate School

Additional Features

  • 2-Story Property
  • 5,760 Sq Ft Lot
  • Basement

Community Details

  • Avondale Subdivision

Listing and Financial Details

  • Tax Lot 48-11-13-402-062.000-003
  • Assessor Parcel Number 481113402062000003
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,522

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1898
  • Lot Size Acres: 0.13
  • Subdivision Name: Avondale
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 23750
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • List Price: 115000
  • Road Access: Access Rd

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 400

Schools

  • Middle Or Junior School: Highland Middle School
  • MBR_IntermediateSchool: Anderson Intermediate School

Lot Info

  • Property Attached Yn: No
  • Current Use: Vacant
  • Lot Size Sq Ft: 5760
  • Parcel Number: 481113402062000003
  • Acres: <1/4 Acre
  • Price Acre: 730769

Multi Family

  • Gross Income: 2600
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1522
  • Tax Lot: 48-11-13-402-062.000-003
  • Semi Annual Property Tax Amt: 761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2025
Closed on
Jun 26, 2025
Sold by
Elk Mountain Investments Llc
Bought by
Robinson And Branson Properties Llc
Seller's Agent
Nathan Ehman
Trueblood Real Estate
Buyer's Agent
Carol Miller
Engel & Volkers
List Price
$115,000
Sold Price
$95,000
Premium/Discount to List
-$20,000
-17.39%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
159.77%

Purchase Details

Closed on
Dec 3, 2019
Sold by
Smith Jared Christian and Smith Storie Beth
Bought by
Elk Mountain Investments Llc

Purchase Details

Listed on
Dec 5, 2018
Closed on
Jun 14, 2019
Sold by
Reeves Randy L
Bought by
Smith Jared Christian and Smith Storie Beth
Seller's Agent
Carol Miller
Engel & Volkers
Buyer's Agent
Brandon Greenberg
List Price
$97,900
Sold Price
$92,000
Premium/Discount to List
-$5,900
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$69,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2007
Sold by
Sczesny Amy
Bought by
Rogers Raymond G
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed -- Absolute Title Inc
Quit Claim Deed -- None Available
Warranty Deed -- Investors Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $69,000 New Conventional
Previous Owner $63,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $95,000 -17.4% $38 / Sq Ft
04/23/2025 04/23/25 For Sale $115,000 +25.0% $47 / Sq Ft
06/14/2019 06/14/19 Sold $92,000 -6.0% $37 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
12/05/2018 12/05/18 For Sale $97,900 -- $40 / 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 $1,511 $68,000 $3,600 $64,400
2023 $1,521 $68,000 $3,800 $64,200
2022 $1,521 $68,000 $3,500 $64,500
2021 $1,530 $68,000 $3,900 $64,100
2020 $1,536 $68,000 $3,900 $64,100
2019 $882 $39,000 $3,500 $35,500
2018 $868 $37,600 $5,000 $32,600
2017 $746 $37,300 $5,000 $32,300
2016 $746 $37,300 $5,000 $32,300
2014 $730 $36,500 $5,200 $31,300
2013 $730 $36,500 $5,200 $31,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22034072

MIBOR Broker Listing Cooperative®

APN: 48-11-13-402-062.000-003