NOT LISTED FOR SALE

2319 Nichol Ave Anderson, IN 46016

Estimated Value: $73,000 - $112,000

5 Beds
2 Baths
2,506 Sq Ft
$38/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $90,000 $36 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $598/month

30 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Partially Carpeted

About This Home

As of April 2024

Just reduced. Back on market after the seller made improvements! Large duplex on a corner lot. Two units--One up and one down. Main level unit is occupied and has a spacious 3 bedrooms with a large living room and a bonus back room. Laundry area and it is a great access from back parking area. Ample street parking. Unfinished basement. Electric and gas are metered separately and each unit has it's own furnace. Shared water heater and water/sewer. Upper level unit can have 2 functional bedrooms if a closet or a wardrobe closet is added to the bonus room. Won't need much to make rent ready. Some vinyl replacement windows. Two new windows in upper unit. Professional property management in place. Sold As-Is. MTM Tenant's rights. Records show a SFH but has been used as a duplex for years. See attached about 2-family.

Last Agent to Sell the Property

Pamela Brown

PMI Indianapolis Realty Listed on: 02/09/2024

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1890

Lot Details

  • 4,914 Sq Ft Lot
  • Lot Dimensions are 39x126
  • Corner Lot

Home Design

  • Duplex
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Anderson Elementary School
  • Highland Junior High
  • Anderson High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for building insurance, lawn maintenance, sewer, water
  • Assessor Parcel Number 48-11-14-202-088.000-003

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Water Sewer Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,100

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Age: 134
  • Style: Bi-Level
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PRIVETTS 0.0000Acres STR: 00000 SECTION: PLAT: 11 IN: OUT:
  • Parcel Number ID: 48-11-14-202-088.000-003
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Cross Street: Fountain St
  • Inside City Limits: Yes
  • Parcel Id2: 18-850-2
  • Sp Lp Percent: 95.85
  • Zoning Description: See attached
  • Monthly Gross Income: 795
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 3178
  • Total Finished Sq Ft: 2506
  • Above Grade Finished Sq Ft: 1834
  • Below Grade Finished Sq Ft: 672
  • Below Grade Sq Ft: 672
  • Price Per Sq Ft: 49.07
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Laminate, Mixed, Part Carpet
  • Main Level Sq Ft: 672
  • Total Below Grade Sq Ft: 1344
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Stone, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 100
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Anderson Community
  • Elementary School: Anderson
  • Middle School: Highland Junior High
  • High School: Anderson
  • Elementary School: Anderson

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 39x126
  • Estimated Lot Sq Ft: 4914
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Sewer, Water
  • Tenant Pays: Cable, Electric, Heating

Multi Family

  • Gross Monthly Rent: 795
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1100

MLS Schools

  • High School: Anderson
  • Middle School: Highland Junior High
  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 1, 2024
Sold by
Oaks Hyrum
Bought by
Lively David L and Lively Barbara L
Seller's Agent
Pamela Brown
PMI Indianapolis Realty
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$93,900
Sold Price
$90,000
Premium/Discount to List
-$3,900
-4.15%
Views
139
Current Estimated Value
$94,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,003
Avg. Annual Appreciation
-2.03%
Original Mortgage
$67,500
Outstanding Balance
$51,718
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$35,592

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 29, 2020
Sold by
Casa Fortune Four Lp
Bought by
Oaks Hyrum
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$55,000
Sold Price
$44,600
Premium/Discount to List
-$10,400
-18.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.01%

Purchase Details

Closed on
Apr 12, 2018
Sold by
Lyle Steele
Bought by
Casa Lp

Purchase Details

Closed on
Feb 29, 2016
Sold by
Steele Rosieh
Bought by
Steele Lyle
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
Lively David L -- Fidelity National Title
Oaks Hyrum -- Investors Title
Casa Lp $30,000 --
Casa Fortune Four Lp $30,000 Fidelity National Title
Steele Lyle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lively David L $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $90,000 -4.2% $36 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $93,900 +110.5% $37 / Sq Ft
11/10/2020 11/10/20 Sold $44,600 -18.9% $49 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $55,000 -- $60 / Sq Ft
Source: Indiana Regional MLS

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 $1,207 $54,300 $4,900 $49,400
2023 $1,107 $49,500 $4,700 $44,800
2022 $1,112 $49,700 $4,400 $45,300
2021 $1,024 $45,500 $4,300 $41,200
2020 $709 $31,400 $4,100 $27,300
2019 $692 $30,600 $4,100 $26,500
2018 $646 $28,000 $4,100 $23,900
2017 $556 $27,800 $4,100 $23,700
2016 $556 $27,800 $4,100 $23,700
2014 $412 $20,600 $4,700 $15,900
2013 $412 $20,600 $4,700 $15,900
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Pamela Brown

    PMI Indianapolis Realty

    Section Image
  • Diana Martin

    Buyer's Agent in 2024

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    198 in this area

    3,794 Total Sales

    Diana Martin
    Section Image
  • Maxwell Richter

    Seller's Agent in 2020

    Maxwell Richter

    Wilmoth Group

    (317) 842-3400

    18 in this area

    248 Total Sales

    Maxwell Richter
    Section Image

  • N

    Buyer's Agent in 2020

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2020

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202404128

Indiana Regional MLS

APN: 48-11-14-202-088.000-003

Indiana Madison County Anderson 46016

2319 Nichol Ave, Anderson, IN

This home is located at 2319 Nichol Ave, Anderson, IN 46016 since 09 February 2024 and is currently estimated at $94,003, approximately $37 per square foot. This property was built in 1890. 2319 Nichol Ave is a home located in Madison County with nearby schools including Edgewood Elementary School, Highland Middle School, and Anderson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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