NOT LISTED FOR SALE

2407 E 7th St Anderson, IN 46012

Estimated Value: $64,000 - $128,007

3 Beds
2 Baths
1,780 Sq Ft
$62/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $122,450 $69 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $672/month

22 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Porch
  • No HOA
  • 1 Car Detached Garage
  • Bungalow

About This Home

As of July 2023

Great opportunity with this home in NE Anderson. Cute front porch greets you as you enter into the large living room with hardwood floors. Large family room spanning across the back of the home. Basement has good sq ft with lots of possibilities including a full bath. This could be renovated into finished living space serving as in-law quarters. Garage and fenced backyard. Don't miss the chance to turn this property into a profitable lil gem.

Last Listed By

Heather Upton

Keller Williams Indy Metro NE License #RB14047452 Listed on: 05/12/2023

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1946

Lot Details

  • 5,876 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Formal Dining Room
  • Attic Access Panel
  • Electric Oven

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Fireplace in Basement
  • Basement Lookout

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Homewood Subdivision

Listing and Financial Details

  • Tax Lot 185
  • Assessor Parcel Number 481208303139000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,352

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1946
  • Building Area Total: 1880
  • Garage Y N: Yes
  • Lot Size Acres: 0.14
  • Subdivision Name: Homewood
  • Transaction Type: Sale
  • Website: https://www.therealestateprosblog.com/
  • Accessibility Features YN: No
  • MBR_AttributionContact: info@therealestatepros.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows, Finished
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 700
  • Fireplace Features: Basement
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 1780
  • Main Level Bedrooms: 2
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1080
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • List Price: 115000
  • Patio And Porch Features: Porch Open

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Fence Full Rear, Sidewalks, Street Lights
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 5876
  • Parcel Number: 481208303139000003
  • Acres: <1/4 Acre
  • Price Acre: 874642.857142857

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1352
  • Tax Lot: 185
  • Semi Annual Property Tax Amt: 676

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jul 13, 2023
Sold by
Kepner Louis
Bought by
Shepherd Ian
Seller's Agent
Heather Upton
Keller Williams Indy Metro NE
Buyer's Agent
Josh Martin
Real Broker, LLC
List Price
$129,900
Sold Price
$122,450
Premium/Discount to List
-$7,450
-5.74%
Total Days on Market
22
Views
201
Current Estimated Value
$110,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,198
Avg. Annual Appreciation
-5.63%
Original Mortgage
$4,286
Interest Rate
6.79%

Purchase Details

Closed on
Mar 6, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Kepner Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,533
Interest Rate
5.88%
Mortgage Type
New Conventional

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
Shepherd Ian $122,450 None Listed On Document
Kepner Louis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shepherd Ian $4,286
Open Shepherd Ian $120,231
Previous Owner Kepner Louis $37,533
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $122,450 +6.5% $69 / Sq Ft
06/04/2023 06/04/23 Pending -- -- --
06/03/2023 06/03/23 Price Changed $115,000 -4.1% $65 / Sq Ft
05/30/2023 05/30/23 Price Changed $119,900 -4.0% $67 / Sq Ft
05/22/2023 05/22/23 Price Changed $124,900 -3.8% $70 / Sq Ft
05/12/2023 05/12/23 For Sale $129,900 -- $73 / 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 $722 $68,400 $8,700 $59,700
2023 $642 $60,700 $6,700 $54,000
2022 $1,351 $60,400 $6,600 $53,800
2021 $1,197 $53,200 $6,200 $47,000
2020 $1,148 $50,800 $5,900 $44,900
2019 $1,119 $49,500 $5,900 $43,600
2018 $1,046 $45,300 $5,900 $39,400
2017 $896 $44,800 $5,900 $38,900
2016 $940 $47,000 $5,900 $41,100
2014 $802 $40,100 $6,200 $33,900
2013 $802 $40,100 $6,200 $33,900
Source: Public Records

Agents Affiliated with this Home

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 21920488

MIBOR Broker Listing Cooperative®

APN: 48-12-08-303-139.000-003