NOT LISTED FOR SALE

2506 Layton Rd Anderson, IN 46011

Estimated Value: $238,493 - $374,000

2 Beds
1 Bath
1,008 Sq Ft
$296/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $139,500 $138 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,991/month

34 Days on Market

About This Home

As of January 2016

Two Mustin built brick duplexes (4 total units) with long term tenants. Situated in a country setting with easy access to I-69 and Lapel. Three units feature 2 BRs, 1 bath and stove & refrigerator. One unit features 3 BRs, 1 Bath, stove, refrigerator & DW. Laundry hookups in 3 units. EFA/AC. Layton Rd building has storage shed & fenced rear yard. Each tenant does lawn care. Owner pays WS rental. All measurement approximate. Great Investment Opportunity.

Last Agent to Sell the Property

Jan Murphy

F.C. Tucker/Crossroads Real Es License #RB14014938 Listed on: 11/03/2015

F.C. Tucker/Crossroads Real Es

Last Buyer's Agent

Ted Moss

Berkshire Hathaway Home

Berkshire Hathaway Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,222

Year Built

  • Built in 1972

Lot Details

  • 1.18 Acre Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, taxes, no utilities
  • Assessor Parcel Number 481121200037000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,222

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1972
  • Lot Size Acres: 1.182
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: jkmurphy65@yahoo.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Unfurnished
  • Owner Pays: Insurance, Taxes, No Utilities
  • SqFt Total: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Fencing: Partial
  • List Price: 149000

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Lot Size Sq Ft: 51488
  • Parcel Number: 481121200037000003
  • Acres: 1-3 Acres

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3222
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1611
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2015
Closed on
Jan 22, 2016
Sold by
May Kenneth J and May Deanna L
Bought by
Hereditas Properties Llc
Seller's Agent
Jan Murphy
F.C. Tucker/Crossroads Real Es
Buyer's Agent
Ted Moss
Berkshire Hathaway Home
List Price
$149,000
Sold Price
$139,500
Premium/Discount to List
-$9,500
-6.38%
Current Estimated Value
$297,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,373
Avg. Annual Appreciation
8.46%
Original Mortgage
$209,250
Outstanding Balance
$167,145
Interest Rate
3.93%
Mortgage Type
Commercial
Estimated Equity
$138,679
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
Hereditas Properties Llc -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hereditas Properties Llc $209,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $139,500 -6.4% $138 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
11/03/2015 11/03/15 For Sale $149,000 -- $148 / 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 $4,940 $222,300 $20,200 $202,100
2023 $4,151 $184,900 $19,200 $165,700
2022 $4,498 $200,400 $18,500 $181,900
2021 $4,180 $185,100 $18,300 $166,800
2020 $3,992 $176,100 $17,400 $158,700
2019 $3,893 $171,500 $17,400 $154,100
2018 $3,638 $157,000 $17,400 $139,600
2017 $3,270 $162,800 $17,400 $145,400
2016 $3,270 $162,800 $17,400 $145,400
2014 $3,222 $160,500 $17,100 $143,400
2013 $3,222 $184,000 $17,100 $166,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21385799

MIBOR Broker Listing Cooperative®

APN: 48-11-21-200-037.000-003