NOT LISTED FOR SALE

1925 E 5th St Anderson, IN 46012

Estimated Value: $154,000 - $401,833

4 Beds
6 Baths
1,316 Sq Ft
$200/Sq Ft Est. Value

Last Sold November 16, 2015

Last sale price $100,000 $76 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,764/month

202 Days on Market

About This Home

As of November 2015

Updated 7 unit multi-family conversion near Anderson University. Large lot with room for additional units. Zoned R-2. Lot size 54 x 240. 2014 financials are available for serious buyers.

Last Listed By

Jim Bittner

RE/MAX Real Estate Solutions License #RB14043091 Listed on: 03/03/2015

RE/MAX Real Estate Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1931

Lot Details

  • 0.31 Acre Lot

Parking

  • 1 Car Garage

Home Design

  • 1,316 Sq Ft Home

Community Details

  • Achors Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481207401127000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,406

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1931
  • Lot Size Acres: 0.309
  • Road Surface Type: Asphalt
  • Subdivision Name: ACHORS
  • Property Description: Updated 7 unit multi-family conversion near Anderson University. Large lot with room for additional units. Zoned R-2. Lot size 54 x 240. 2014 financials are available for serious buyers.
  • Transaction Type: Sale
  • Price Unit: 19286
  • Special Features: None

Interior Features

  • Living Area: 1316
  • Possible Use: Residential
  • Sq Ft Main Upper: 1316
  • Main Level Sq Ft: 1316
  • Total Sq Ft: 1316
  • Gross Area Sq Ft: 2212

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 129900
  • Road Access: CityStreet
  • Interstate: Ramp3-5mi

Garage/Parking

  • Garage Spaces: 1
  • Parking Surface: Asphalt

Condo/Co-op/Association

  • Rent Includes: Electricity, Gas, Sewer, Water

Lot Info

  • Current Use: Residential
  • Parcel Number: 481207401127000003
  • Zoning: R2
  • Lot Size: 13438

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 1406
  • Semi Annual Property Tax Amt: 703
  • Tax Exemption: None
  • Year Taxes Paid: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Cardinal Rentals Llc
Bought by
Wynn Funds Llc
Total Days on Market
202
Current Estimated Value
$263,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Outstanding Balance
$273,000
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$9,292

Purchase Details

Closed on
Jan 10, 2023
Sold by
1925 E 5Th Llc
Bought by
Cardinal Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,999
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2015
Closed on
Nov 11, 2015
Sold by
Theresa Ferree-Mcdermott
Bought by
1925 Llc
Seller's Agent
Jim Bittner
RE/MAX Real Estate Solutions
Buyer's Agent
Richard Sharp
Dropped Members
List Price
$145,000
Sold Price
$100,000
Premium/Discount to List
-$45,000
-31.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$70,000
Interest Rate
3.8%
Mortgage Type
Commercial

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 Buyer Sale Price Title Company
Wynn Funds Llc -- None Listed On Document
Cardinal Rentals Llc $350,000 --
1925 Llc $100,000 --
1925 E 5Th Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wynn Funds Llc $273,000
Previous Owner Cardinal Rentals Llc $244,999
Previous Owner 1925 E 5Th Llc $110,000
Previous Owner 1925 E 5Th Llc $70,000
Previous Owner 1925 E 5Th Llc $70,000
Previous Owner Ferree Edwin H $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2015 11/16/15 Sold $100,000 -31.0% $76 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $145,000 -- $110 / 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 $3,627 $163,200 $15,200 $148,000
2023 $3,322 $148,500 $14,500 $134,000
2022 $3,331 $148,900 $13,600 $135,300
2021 $3,081 $136,900 $11,100 $125,800
2020 $2,951 $130,600 $10,600 $120,000
2019 $2,856 $126,300 $10,600 $115,700
2018 $2,659 $115,200 $10,600 $104,600
2017 $2,278 $113,900 $10,600 $103,300
2016 $2,278 $113,900 $10,600 $103,300
2014 $1,408 $116,800 $10,500 $106,300
2013 $1,408 $116,800 $10,500 $106,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21338652

MIBOR Broker Listing Cooperative®

APN: 48-12-07-401-127.000-003