$225,000

20 & 22 W 8th St Anderson, IN 46016

Estimated payment $1,388/month

6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Attention Investors! This downtown gem has loads of potential!!! Recently updated, this building has a finished 3,182 sq. ft ready for your needs. This is actually two buildings, 20 & 22 W. 8th. They have long been combined, there are two doorways through the firewall. The east side features a huge full bath and washer dryer hookups. The building is zoned in the permissive B-2 class allowing business, residential, mixed use and multiunit housing. Located in the heart of downtown on W. 8th. St. It served the prior two owners well as a business, but is in the permissive B-2 zoning class allowing for business, residence, mixed use, or even multifamily! Building includes a large full bath with washer dyer hookups. Full bath is not currently in use. Broker owned; list agent must accompany all showings (your agent is welcome!). Call list agent to schedule showings. Do not attempt to use showing services.

Last Listed By

Evan Broderick

RE/MAX Real Estate Solutions Brokerage Email: Evan@EvanBroderick.com License #RB21000743 Listed on: 06/10/2025

RE/MAX Real Estate Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1885

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • Alley Access
  • Assigned Parking

Additional Features

  • 1-Story Property
  • 5,750 Sq Ft Lot
  • Basement

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Tax Lot 015
  • Assessor Parcel Number 481112403032000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,560

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1885
  • Lot Size Acres: 0.13
  • Subdivision Name: Downtown
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 112500
  • MBR_AttributionContact: Evan@EvanBroderick.com
  • Attribution Contact: Evan@EvanBroderick.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Total Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • List Price: 225000
  • Road Access: Access Rd,Frontage Road,See Remarks

Garage/Parking

  • Parking Features: Alley Access, Assigned, Other
  • Unit Parking: Guest Parking,Parking Lot,Paved Area

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Office
  • Lot Size Sq Ft: 5750
  • Parcel Number: 481112403032000003
  • Acres: <1/4 Acre
  • Price Acre: 1730769

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1560
  • Tax Lot: 015
  • Semi Annual Property Tax Amt: 780

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,560 $48,400 $6,600 $41,800
2023 $1,800 $55,600 $6,600 $49,000
2022 $1,800 $55,600 $6,600 $49,000
2021 $1,469 $45,200 $19,800 $25,400
2020 $1,473 $45,200 $19,800 $25,400
2019 $1,448 $44,400 $19,800 $24,600
2018 $1,469 $44,400 $19,800 $24,600
2017 $1,308 $43,600 $19,800 $23,800
2016 $1,308 $43,600 $19,800 $23,800
2014 $1,299 $43,300 $19,800 $23,500
2013 $1,299 $43,300 $19,800 $23,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $225,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Deed In Lieu Of Foreclosure -- --
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22044295

MIBOR Broker Listing Cooperative®

APN: 48-11-12-403-032.000-003