$130,000
SOLD JAN 23, 2026

2318 E 40th St Anderson, IN 46013

3 Beds
2 Baths
1,754 Sq Ft
0.37 Acres

Recently Sold

$74 Per Sq Ft

19% Below List Price

1 Day on Market

Highlights

  • Ranch Style House
  • No HOA
  • Fireplace
  • Wood Flooring
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of January 2026

Discover the potential in this 3-bedroom, 2-bath home located on the south side of Anderson, Indiana. Ideal for investors or buyers looking to add value, this fixer-upper offers a versatile layout with two spacious living rooms-a front living room highlighted by a large picture window and fireplace, and a second living area at the rear of the home that's perfect for a family room, rec space, or home office. Conveniently situated just minutes from the interstate, this property provides easy access to shopping centers, restaurants, and a nearby casino, making daily errands and entertainment a breeze. With solid bones and plenty of room to customize, this home is a great chance to create equity and tailor the space to your vision. Bring your ideas and unlock the possibilities-schedule a showing today! Property is being sold AS-IS.

Last Agent to Sell the Property

Michelle Hammes

Keller Williams Indy Metro NE Brokerage Email: mhammes171@gmail.com License #RB16000216 Listed on: 01/05/2026

Keller Williams Indy Metro NE

Co-Listed By

Dallas Blevins

Keller Williams Indy Metro NE Brokerage Email: mhammes171@gmail.com License #RB21000479

Last Buyer's Agent

Shelby Scott

RE/MAX Advanced Realty License #RB23000134

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,184

Year Built

  • Built in 1959

Lot Details

  • 0.37 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,754 Sq Ft Home
  • Fireplace
  • Formal Dining Room
  • Crawl Space
  • Attic Access Panel
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Sink Near Laundry
  • Washer and Dryer Hookup

Schools

  • Highland Middle School
  • Anderson Intermediate School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Scatterfield Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481229200060000003
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,184

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1959
  • Building Area Total: 1754
  • Garage Y N: Yes
  • Lot Size Acres: 0.37
  • Subdivision Name: Scatterfield Heights
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: mhammes171@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Refrigerator, Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Hardwood Floors
  • Living Area: 1754
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1754
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Crawl Space

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Connections All, Sink
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Highland Middle School
  • MBR_IntermediateSchool: Anderson Intermediate School

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 16200
  • Parcel Number: 481229200060000003
  • Acres: 1/4-1/2 Acre

Tax Info

  • Tax Annual Amount: 1184
  • Tax Lot: NA
  • Semi Annual Property Tax Amt: 592
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2026
Closed on
Jan 23, 2026
Sold by
Mallernee Jay R and Mallernee Jay D
Bought by
H1 Properties Llc
Seller's Agent
Michelle Hammes
Keller Williams Indy Metro NE
Buyer's Agent
Shelby Scott
RE/MAX Advanced Realty
List Price
$160,000
Sold Price
$130,000
Premium/Discount to List
-$30,000
-18.75%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
487477.42%
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 -- Meridian Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2026 01/23/26 Sold $130,000 -18.8% $74 / Sq Ft
01/06/2026 01/06/26 Pending -- -- --
01/05/2026 01/05/26 For Sale $160,000 -- $91 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $1,184 $109,800 $12,300 $97,500
2024 $1,184 $109,800 $12,300 $97,500
2023 $1,180 $101,200 $11,800 $89,400
2022 $1,116 $101,500 $11,300 $90,200
2021 $1,032 $93,500 $11,200 $82,300
2020 $985 $89,300 $10,700 $78,600
2019 $990 $89,600 $10,700 $78,900
2018 $987 $82,800 $10,700 $72,100
2017 $1,628 $79,200 $10,300 $68,900
2016 $1,806 $88,100 $10,300 $77,800
2014 $1,772 $86,500 $10,300 $76,200
2013 $1,772 $86,500 $10,300 $76,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22078478

MIBOR Broker Listing Cooperative®

APN: 48-12-29-200-060.000-003