$75,000
SOLD DEC 3, 2024

2313 E 5th St Anderson, IN 46012

2 Beds
1 Bath
572 Sq Ft
6,696 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

12% Below List Price

39 Days on Market

Highlights

  • Mature Trees
  • Ranch Style House
  • 1 Car Detached Garage
  • Deck
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2024

This is the investment you've been waiting for! Presenting a fully turnkey 2-bed, 1-bath ranch home on Anderson's desirable east side, with a long-term tenant in place, currently paying $1,000/month (lease through 6/30/25). This property is performing well above the 1% rule, making it an ideal addition to any portfolio. Located just minutes from Anderson University, downtown, and the newly renovated Harrah's Casino, this home offers both convenience and demand. The property has undergone a full renovation, featuring a new roof, fresh siding, updated interior paint, modern flooring, a completely remodeled kitchen with white shaker cabinets and stainless steel appliances, and a sleek, updated bathroom. Set on a 0.15-acre lot, the home also includes a detached 1-car garage, a long gravel driveway, and a private backyard shaded by mature trees. A spacious rear deck adds to the appeal, perfect for tenants who enjoy outdoor living. With the tenant covering all utilities, this low-maintenance, cash-flowing rental is ready to start delivering returns from day one. Add this great property to your portfolio today!!

Last Agent to Sell the Property

Peter Stewart

Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 09/18/2024

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: 09/18/2024

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 6,696 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 572 Sq Ft Home
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Unfinished Basement

Kitchen

  • Gas Oven
  • Range Hood

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Homewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481208302082000003
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$904

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1940
  • Building Area Total: 1144
  • Garage Y N: Yes
  • Lot Size Acres: 0.15
  • Subdivision Name: Homewood
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: peter@peterstewartrealty.com
  • Attribution Contact: peter@peterstewartrealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Gas Water Heater, Gas Oven, Range Hood, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Vinyl
  • Living Area: 572
  • Main Level Bedrooms: 2
  • Spa Y N: No
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 572
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Partial
  • Foundation Details: Block
  • List Price: 84900
  • Patio And Porch Features: Deck Main Level
  • Pool Private Y N: No
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Sq Ft: 336

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 6696
  • Parcel Number: 481208302082000003
  • Acres: <1/4 Acre
  • Price Acre: 500000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 904
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 452

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Dec 3, 2024
Sold by
Wolfe Capital Investments Llc
Bought by
Szymanski Nicholas
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Peter Stewart
Keller Williams Indpls Metro N
List Price
$84,900
Sold Price
$75,000
Premium/Discount to List
-$9,900
-11.66%
Views
75
Current Estimated Value
$74,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$306
Avg. Annual Appreciation
-0.67%
Original Mortgage
$56,250
Outstanding Balance
$56,043
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$18,651

Purchase Details

Listed on
Dec 2, 2019
Closed on
Dec 17, 2019
Sold by
Jackson Trust
Bought by
Wolfe Capital Investments Llc
Seller's Agent
Steve Thompson
F.C. Tucker/Thompson
Buyer's Agent
Steve Thompson
F.C. Tucker/Thompson
List Price
$34,900
Sold Price
$25,000
Premium/Discount to List
-$9,900
-28.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.74%

Purchase Details

Closed on
Dec 18, 2018
Sold by
Eagle One Properties Llc
Bought by
Jackson Trust
Source: Public Records

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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 $75,000 Absolute Title Inc
Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $75,000 -11.7% $131 / Sq Ft
10/27/2024 10/27/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $84,900 0.0% $148 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $84,900 +239.6% $148 / Sq Ft
12/17/2019 12/17/19 Sold $25,000 -28.4% $44 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
12/02/2019 12/02/19 For Sale $34,900 -- $61 / 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 $982 $44,200 $9,300 $34,900
2023 $904 $40,400 $8,900 $31,500
2022 $902 $40,300 $8,800 $31,500
2021 $819 $36,400 $8,300 $28,100
2020 $791 $35,000 $7,900 $27,100
2019 $798 $35,300 $7,900 $27,400
2018 $755 $32,700 $7,900 $24,800
2017 $648 $32,400 $7,900 $24,500
2016 $665 $32,400 $7,900 $24,500
2014 $656 $32,800 $8,400 $24,400
2013 $656 $32,800 $8,400 $24,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22002428

MIBOR Broker Listing Cooperative®

APN: 48-12-08-302-082.000-003