NOT LISTED FOR SALE

1925 E 5th St Anderson, IN 46012

Estimated Value: $183,000 - $415,514

4 Beds
6 Baths
1,316 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 16, 2015

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

Est. 176% increase in value since last sale

Current estimated payment $1,755/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 Agent to Sell the Property

Jim Bittner

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

RE/MAX Real Estate Solutions

Last Buyer's Agent

Richard Sharp

Dropped Members License #RB14025885

Dropped Members

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
  • 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
  • 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

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
Current Estimated Value
$276,129

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
$271,834
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
$4,295

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
5.76%
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
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 Buyer Sale Price Title Company
Wynn Funds Llc -- None Listed On Document
Cardinal Rentals Llc -- None Listed On Document
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 $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

  • Jim Bittner

    Seller's Agent in 2015

    Jim Bittner

    RE/MAX Real Estate Solutions

    (765) 425-1008

    30 in this area

    48 Total Sales

    Jim Bittner
    Section Image

  • R

    Buyer's Agent in 2015

    Richard Sharp

    Dropped Members

    Section Image
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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

Indiana Madison County Anderson 46012

1925 E 5th St, Anderson, IN

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