$63,500
SOLD FEB 5, 2021

24 W 40th St Anderson, IN 46013

4 Beds
2 Baths
2,120 Sq Ft
4,961 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

9% Below List Price

7 Days on Market

About This Home

As of July 2022

SO MUCH HOUSE FOR THE MONEY on Anderson's Southside! This is an AMAZING OPPORTUNITY to own a 4 bd/2 bath home w/ over 2000 SF, make it an investment property, live in one unit and rent the other, or use as a home with large Mother In Law quarters! The opportunities are endless! Currently, the property has two units, both with 2 bdrms/1 bath, Kitchen, Living Rm. Laundry hookups in both units. There is one furnace and one electrical panel. PROPERTY BEING SOLD AS-IS. Updates inc: newer windows, fresh paint throughout interior, HVAC is less than 10 yrs old. Don't miss this one!

Last Agent to Sell the Property

Heather Upton

Keller Williams Indy Metro NE License #RB14047452 Listed on: 01/15/2021

Keller Williams Indy Metro NE

Co-Listed By

Michelle Frazier

Keller Williams Indy Metro NE License #RB14047389

Last Buyer's Agent

David Sabotnik

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,356

Year Built

  • Built in 1953

Lot Details

  • 4,961 Sq Ft Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,120 Sq Ft Home
  • Great Room with Fireplace
  • Attic Access Panel
  • Electric Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Belvidere Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481125102215000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,356

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1953
  • Co List Office Phone: 317-564-7100
  • Garage Y N: No
  • Lot Size Acres: 0.1139
  • Subdivision Name: BELVIDERE
  • Inspection Warranties: Not Applicable
  • Property Description: SO MUCH HOUSE FOR THE MONEY on Anderson's Southside! This is an AMAZING OPPORTUNITY to own a 4 bd/2 bath home w/ over 2000 SF, make it an investment property, live in one unit and rent the other, or use as a home with large Mother In Law quarters! The opportunities are endless! Currently, the property has two units, both with 2 bdrms/1 bath, Kitchen, Living Rm. Laundry hookups in both units. There is one furnace and one electrical panel. PROPERTY BEING SOLD AS-IS. Updates inc: newer windows, fresh paint throughout interior, HVAC is less than 10 yrs old. Don't miss this one!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 2120
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2120
  • Main Level Sq Ft: 2120
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2120

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 70000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None
  • Garage Parking Other: Street Parking Only

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481125102215000003
  • Acres: <1/4 Acre
  • Lot Number: 293
  • Lot Size: 4,961

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1356
  • Semi Annual Property Tax Amt: 678
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 29, 2022
Sold by
Brrrin Llc
Bought by
Hoelscher Raquel
Seller's Agent
Michelle Anderson
Bold Realty LLC
Buyer's Agent
Patrick Davidson
The Cooper Real Estate Group
List Price
$149,900
Sold Price
$144,500
Premium/Discount to List
-$5,400
-3.6%
Current Estimated Value
$156,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,068
Avg. Annual Appreciation
2.68%
Original Mortgage
$0
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2021
Sold by
Breeze Home Buyers Llc
Bought by
Brrrin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2021
Sold by
Central Park Llc
Bought by
Breeze Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 5, 2021
Sold by
Thrasher David J and Thrasher Gail M
Bought by
Central Park Llc
Seller's Agent
Heather Upton
Keller Williams Indy Metro NE
Buyer's Agent
David Sabotnik
eXp Realty, LLC
List Price
$70,000
Sold Price
$63,500
Premium/Discount to List
-$6,500
-9.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.59%
Source: Public Records

Similar Homes in Anderson, IN

  • 2314 Walnut St, Anderson, IN 46016

    $79,000

    • 2 Beds
    • 1 Bath
    • 868 Sq Ft
    • 2314 Walnut St
    • Anderson, IN

    Welcome to this well-maintained 2-bedroom, 1-bath home located on a quiet street in Anderson. Step inside to find an inviting layout with updated vinyl flooring throughout the main living areas. The home features a clean, unfinished basement-perfect for storage, or future finishing potential. Enjoy morning coffee or evening sunsets from the cozy covered front porch, offering a great view of

    Dylan Beck RE/MAX Real Estate Solutions

    Section Image
  • 603 W 33rd St, Anderson, IN 46013

    $74,900

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft
    • 603 W 33rd St
    • Anderson, IN

    Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 4 doors across 3 properties, this particular property is a lovely single-family ranch home. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 603 W 33rd St, the home features 2 bedrooms and 1

    Peter Stewart Keller Williams Indpls Metro N

    Section Image
  • 3127 E Lynn St, Anderson, IN 46016

    $69,900

    • 2 Beds
    • 1 Bath
    • 814 Sq Ft
    • 3127 E Lynn St
    • Anderson, IN

    WOW! HUGE PRICE REDUCTION! MOVE-IN READY 2-bedroom, 1-bath home that has been recently renovated. Enjoy your mornings or evenings on the enclosed front porch. You'll walk into a nicely sized living room with sightlines to the eat-in kitchen area. The bathroom has been completely remodeled with a new tub, surround, toilet, and vanity. Other recent updates include new laminate flooring, fresh

    Schuyler Estes RE/MAX Real Estate Solutions

    Section Image
  • 2616 Jackson St, Anderson, IN 46016

    $73,900

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft
    • 2616 Jackson St
    • Anderson, IN

    Charming and well-maintained, this 2-bedroom, 1-bath home offers 864 sq ft of comfortable living space. Step inside from the enclosed front porch to a cozy interior. The home features updated windows and HVAC system (2016), plus a new water heater installed in 2024. Outside, you'll find a spacious shed perfect for storage or hobbies, a small covered rear patio for relaxing, and multiple parking

    Robert Ping Ping Realty, LLC

    Section Image
  • 2627 Lincoln St, Anderson, IN 46016

    $80,000

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 2627 Lincoln St
    • Anderson, IN

    Investor Special! This 3-bedroom, 1-bath home is a classic fixer-upper with great potential. Located in the Anderson Community School District, it sits on a quiet street with easy access to local amenities. With solid bones and a functional layout, this property is perfect for investors or savvy buyers looking to add value through updates and personal touches. Whether you're building your rental

    Andrew Taylor Real Broker, LLC

    Section Image
  • 1020 E 30th St, Anderson, IN 46016

    $74,900

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft
    • 1020 E 30th St
    • Anderson, IN

    2-bedroom, 1-bath home located in Anderson. Property includes newer carpet and flooring in the kitchen, making it a great opportunity for investors or buyers looking to customize their next home.

    Jacob Gray RE/MAX Real Estate Solutions

    Section Image
  • 3209 Forest Terrace, Anderson, IN 46013

    $80,000

    • 2 Beds
    • 1 Bath
    • 1,064 Sq Ft
    • 3209 Forest Terrace
    • Anderson, IN

    **INVESTOR SPECIAL** For Sale not on sale!! Although, seller is Looking for a quick sale! Great opportunity to fix and flip or rent here! This home is currently being utilized as a daycare. 2 bedrooms, 1 bathroom, fully fenced in back yard, 1 car detached garage. PRIME LOCATION!! Easy access to Scatterfield Rd, I-69, and many restaurants and stores for shopping!

    Jalon Johnson Prime Location Real Estate Group LLC

    Section Image
  • 2503 Central Ave, Anderson, IN 46016

    $60,000

    • 2 Beds
    • 1 Bath
    • 1,280 Sq Ft
    • 2503 Central Ave
    • Anderson, IN

    Tenant Occupied! Are you an investor looking for an income producing property? Look no further. Tenant is on a month to month lease. 2 bedroom property with a garage.

    Justin Puckett Keller Williams Indy Metro NE

    Section Image
  • 1203 E 27th St, Anderson, IN 46016

    $75,000

    • 3 Beds
    • 1 Bath
    • 1,201 Sq Ft
    • 1203 E 27th St
    • Anderson, IN

    Investment Opportunity! Have you ever wanted to own a rental property? Property is tenant occupied. 3 bed/1 ba. New roof about 6 years ago. Please allow at least 24 hour notice for all showings.

    Justin Puckett Keller Williams Indy Metro NE

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $144,500 Centurion Land Title
Quit Claim Deed -- None Available
Warranty Deed -- Trademark Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Previous Owner $104,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $144,500 -3.6% $68 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $149,900 +136.1% $71 / Sq Ft
02/05/2021 02/05/21 Sold $63,500 -9.3% $30 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $70,000 0.0% $33 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $70,000 -- $33 / 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 $1,532 $140,400 $9,800 $130,600
2023 $1,394 $128,000 $9,400 $118,600
2022 $1,349 $60,600 $6,900 $53,700
2021 $1,350 $60,000 $7,600 $52,400
2020 $1,356 $60,000 $7,600 $52,400
2019 $1,357 $65,000 $8,400 $56,600
2018 $1,388 $60,000 $8,400 $51,600
2017 $1,187 $59,200 $8,400 $50,800
2016 $1,190 $59,300 $8,400 $50,900
2014 $1,176 $58,600 $8,400 $50,200
2013 $1,176 $60,500 $8,400 $52,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21760820

MIBOR Broker Listing Cooperative®

APN: 48-11-25-102-215.000-003