NOT LISTED FOR SALE

2405 E 40th St Anderson, IN 46013

Estimated Value: $135,000 - $176,000

3 Beds
1.5 Baths
1,204 Sq Ft
$128/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $99,000 $82 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $946/month

29 Days on Market

Highlights

  • Ranch Style House
  • Wood Frame Window
  • Central Air
  • Double Oven
  • 2 Car Attached Garage
  • Combination Kitchen and Dining Room

About This Home

As of January 2021

3 Bed/1.5 Bath Ranch just minutes away from Hoosier Park Racing & Casino, Mounds State Park, & various dining opportunities. This 1,200+ sqft home offers: an expansive living room with large wooden windows, kitchen with double ovens and tons of storage space, a separate laundry room, a formal dining room, 3 bedrooms with closet space, and a large fully fenced in back yard surrounded by mature trees. Perfect home for a first time home buyer or an investor looking to rent near downtown Anderson. Schedule your showing today!

Last Listed By

Michael Mergell

LPT Realty License #RB14023460 Listed on: 11/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $144

Year Built

  • Built in 1960

Lot Details

  • 0.37 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,204 Sq Ft Home
  • Wood Frame Window
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Radiant Ceiling

Community Details

  • Scatterfield Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481229200071000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$144

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1960
  • Garage Y N: Yes
  • Lot Size Acres: 0.3719
  • Subdivision Name: SCATTERFIELD HEIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: 3 Bed/1.5 Bath Ranch just minutes away from Hoosier Park Racing & Casino, Mounds State Park, & various dining opportunities. This 1,200+ sqft home offers: an expansive living room with large wooden windows, kitchen with double ovens and tons of storage space, a separate laundry room, a formal dining room, 3 bedrooms with closet space, and a large fully fenced in back yard surrounded by mature trees. Perfect home for a first time home buyer or an investor looking to rent near downtown Anderson. Schedule your showing today!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Cooktop, Dishwasher, Microwave, Double Oven
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Windows Wood
  • Living Area: 1204
  • Other Equipment: Not Applicable
  • Room Count: 7
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1204
  • Main Level Sq Ft: 1204
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 1204

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 110000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Sq Ft: 572

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Radiant Ceiling
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481229200071000003
  • Acres: 1/4-1/2 Acre
  • Lot Number: 35
  • Lot Size: 16,200

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 144
  • Semi Annual Property Tax Amt: 72
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 22, 2021
Sold by
Smith Trust
Bought by
Nazareth Felicia
Seller's Agent
Michael Mergell
LPT Realty
Buyer's Agent
Kimberly Goodwin
RE/MAX At The Crossing
List Price
$115,000
Sold Price
$99,000
Premium/Discount to List
-$16,000
-13.91%
Total Days on Market
29
Current Estimated Value
$154,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,531
Avg. Annual Appreciation
10.83%
Original Mortgage
$94,050
Outstanding Balance
$85,085
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$69,446

Purchase Details

Closed on
Oct 5, 2015
Sold by
Smith Doris Ellen and Smith Harold L
Bought by
Trust Smith

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
Nazareth Felicia -- American Land Title
Trust Smith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nazareth Felicia $94,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $99,000 -10.0% $82 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
12/08/2020 12/08/20 Price Changed $110,000 -4.3% $91 / Sq Ft
11/20/2020 11/20/20 For Sale $115,000 -- $96 / 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 $977 $91,600 $12,300 $79,300
2023 $900 $84,200 $11,800 $72,400
2022 $895 $84,400 $11,300 $73,100
2021 $149 $77,800 $11,200 $66,600
2020 $147 $76,400 $10,700 $65,700
2019 $144 $74,500 $10,700 $63,800
2018 $151 $68,600 $10,700 $57,900
2017 $147 $65,300 $10,300 $55,000
2016 $135 $72,300 $10,300 $62,000
2014 $130 $71,100 $10,300 $60,800
2013 $130 $71,100 $10,300 $60,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21752593

MIBOR Broker Listing Cooperative®

APN: 48-12-29-200-071.000-003