NOT LISTED FOR SALE

2242 W 28th St Anderson, IN 46016

Estimated Value: $41,634 - $61,000

2 Beds
1 Bath
891 Sq Ft
$61/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $28,000 $31 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $325/month

5 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • 1-Story Property
  • Covered Patio or Porch
  • Bungalow
  • 4-minute walk to Belmont Park

About This Home

As of April 2024

INVESTOR ALERT!! Low priced fixer single family 2br/1ba ranch home in a residential area of the SW side of Anderson. Very convenient location less than 10min into downtown and to the newly remodeled casino. With an ARV of $60k+, the property would make a great BRRRR candidate or a quick fix and flip! The handy owner occupant could also make this a nice home with cosmetic improvements. The bones appear to be solid and the exterior is in pretty decent shape, it just needs the interior redone to really shine! Home sits on a deep lot and has a detached 2 car garage and the backyard is fully fenced (privacy). Property is sold As-Is. Property is available in a package of 6 single family homes, but all can be sold individually.

Last Agent to Sell the Property

Peter Stewart

Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 03/05/2024

Keller Williams Indpls Metro N

Last Buyer's Agent

Peter Stewart

Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 03/05/2024

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $404

Year Built

  • Built in 1939

Lot Details

  • 5,796

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Fixer Upper
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 891 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic Access Panel
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • 5,796 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Belmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481123200303000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$404

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1939
  • Building Area Total: 891
  • Garage Y N: Yes
  • Lot Size Acres: 0.13
  • Subdivision Name: Belmont
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: peter@peterstewartrealty.com
  • Attribution Contact: peter@peterstewartrealty.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Living Area: 891
  • Main Level Bedrooms: 2
  • Other Equipment: Not Applicable
  • Spa Y N: No
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 891
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Stucco, Vinyl Siding, Wood
  • Foundation Details: Crawl Space
  • List Price: 40000
  • Patio And Porch Features: Covered Porch
  • Pool Private Y N: No
  • Property Condition: Fixer
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 320

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Laundry Features: Connections All
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5796
  • Parcel Number: 481123200303000003
  • Acres: <1/4 Acre
  • Price Acre: 215385

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 404
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Apr 4, 2024
Sold by
Indiana Homes Llc and New Horizon Indiana Hsng I Llc
Bought by
Fairwind Properties Llc
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Peter Stewart
Keller Williams Indpls Metro N
List Price
$40,000
Sold Price
$28,000
Premium/Discount to List
-$12,000
-30%
Views
35
Current Estimated Value
$54,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,211
Avg. Annual Appreciation
55.80%

Purchase Details

Closed on
Dec 4, 2019
Sold by
Madison County Auditor
Bought by
New Horizon Indiana Housing I Llc

Purchase Details

Closed on
Sep 15, 2012
Sold by
Eshamlech Rothasy and London Sroya
Bought by
Aquilar Jose

Purchase Details

Closed on
Mar 11, 2005
Sold by
Federal National Mortgage Association
Bought by
Coffman Connie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.64%
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
Fairwind Properties Llc $28,000 Meridian Title
New Horizon Indiana Housing I Llc $1,050 None Available
Aquilar Jose -- None Available
Coffman Connie S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coffman Connie S $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2024 04/08/24 Sold $28,000 -30.0% $31 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $40,000 -- $45 / 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 $436 $19,600 $3,500 $16,100
2023 $405 $18,100 $3,500 $14,600
2022 $403 $18,000 $3,300 $14,700
2021 $374 $16,600 $3,300 $13,300
2020 $357 $15,800 $3,100 $12,700
2019 $351 $15,500 $3,100 $12,400
2018 $330 $14,300 $3,100 $11,200
2017 $284 $14,200 $3,100 $11,100
2016 $517 $14,200 $3,100 $11,100
2014 $392 $19,600 $3,300 $16,300
2013 $392 $19,600 $3,300 $16,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21966525

MIBOR Broker Listing Cooperative®

APN: 48-11-23-200-303.000-003