NOT LISTED FOR SALE

2616 Main St Anderson, IN 46016

Estimated Value: $83,000 - $97,000

2 Beds
1 Bath
2,480 Sq Ft
$35/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $62,000 $25 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $590/month

1 Day on Market

About This Home

As of August 2021

Duplex with large 1 bedroom home on each side. Each side has an unfinished basement with washer dryer hookup. Main level kitchen, dining room with built in china cabinet, living room. Large bedroom and 1 bath on 2nd level. No carpet on either side. 2 car detached garage. Utiliities on seperate meters. Location is in walking distance to grocery.

Last Agent to Sell the Property

Andrea Eldon

RE/MAX Complete License #RB14041766 Listed on: 08/14/2021

RE/MAX Complete

Last Buyer's Agent

Hayley Wild

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $816

Year Built

  • Built in 1936

Lot Details

  • 4,966

Parking

  • Gravel Driveway

Home Design

  • Block Foundation
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 4,966 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for lawncare
  • Assessor Parcel Number 481124101010000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$816

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1936
  • Lot Size Acres: 0.114
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Lawncare
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Block
  • List Price: 65000

Garage/Parking

  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 1500

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 481124101010000003
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks
  • Lot Number: 00
  • Lot Size: 4,966

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 816
  • Semi Annual Property Tax Amt: 408
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Sep 24, 2021
Sold by
Rickey Jon
Bought by
Indiana Jons Llc
Seller's Agent
Andrea Eldon
RE/MAX Complete
Buyer's Agent
Hayley Wild
Compass Indiana, LLC
List Price
$65,000
Sold Price
$62,000
Premium/Discount to List
-$3,000
-4.62%
Total Days on Market
1
Current Estimated Value
$87,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,764
Avg. Annual Appreciation
8.15%
Original Mortgage
$2,132,000
Outstanding Balance
$1,965,157
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$1,881,791
Source: Public Records

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Range of Values:

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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
Indiana Jons Llc -- None Available
Indiana Jons Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indiana Jons Llc $2,132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $62,000 -4.6% $25 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $65,000 -- $26 / 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 $1,182 $53,200 $8,800 $44,400
2023 $1,087 $48,600 $8,400 $40,200
2022 $915 $40,900 $7,900 $33,000
2021 $851 $37,800 $7,800 $30,000
2020 $816 $36,100 $7,500 $28,600
2019 $1,212 $35,300 $7,500 $27,800
2018 $752 $32,600 $7,500 $25,100
2017 $648 $32,400 $7,500 $24,900
2016 $648 $32,400 $7,500 $24,900
2014 $678 $33,900 $7,500 $26,400
2013 $678 $33,900 $7,500 $26,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21804590

MIBOR Broker Listing Cooperative®

APN: 48-11-24-101-010.000-003