NOT LISTED FOR SALE

2616 W 40th St Anderson, IN 46011

Estimated Value: $197,000 - $229,984

3 Beds
2 Baths
1,879 Sq Ft
$110/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $157,500 $84 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,404/month

3 Days on Market

Highlights

  • Ranch Style House
  • 3 Car Attached Garage
  • Combination Kitchen and Dining Room
  • No HOA
  • Forced Air Heating System
  • Carpet

About This Home

As of February 2023

Spacious one story home in an excellent Anderson location. 3 bedrooms, 2 baths and an attached 3-car garage. Great layout and flow. Nice and large backyard that is perfect for relaxing and entertaining. Conveniently situated near 69. Agents, please see information regarding buyer requirements in Private Remarks.

Last Listed By

Omar Tharani

Dropped Members License #RB22001078 Listed on: 02/05/2023

Dropped Members

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.34 Acre Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,879 Sq Ft Home
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Carpet

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Anderson Elementary School
  • Anderson High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Melody Meadows Subdivision

Listing and Financial Details

  • Tax Lot 036
  • Assessor Parcel Number 481127100039000003

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1960
  • Building Area Total: 1879
  • Garage Y N: Yes
  • Lot Size Acres: 0.34
  • Subdivision Name: Melody Meadows
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: omarTbroker@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Windows Vinyl
  • Living Area: 1879
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1879
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding, Vinyl With Brick
  • Disclosures: BankOwned
  • Foundation Details: Other
  • List Price: 159900

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete

Utilities

  • Cooling: Central Electric
  • Electric: Circuit Breakers
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Lot Size Sq Ft: 14600
  • Parcel Number: 481127100039000003
  • Acres: 1/4-1/2 Acre
  • Price Acre: 463235.294117647

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 5066
  • Tax Lot: 036
  • Semi Annual Property Tax Amt: 2533
  • Tax Exemption: None

MLS Schools

  • Elementary School: Anderson Elementary School
  • High School: Anderson High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2023
Closed on
Feb 23, 2023
Sold by
Beltway Capital Llc
Bought by
Mcclintic Robert D and Anderson Sherri A
Seller's Agent
Omar Tharani
Dropped Members
Buyer's Agent
Shelley Lawrence-Hadler
Keller Williams Indy Metro S
List Price
$159,900
Sold Price
$157,500
Premium/Discount to List
-$2,400
-1.5%
Total Days on Market
3
Views
109
Current Estimated Value
$206,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,246
Avg. Annual Appreciation
12.98%

Purchase Details

Closed on
Nov 18, 2022
Sold by
Sheriff Of Madison County
Bought by
Beltway Capital Llc

Purchase Details

Closed on
Jul 29, 2010
Sold by
Claywell Virginia L and Claywell Howard L
Bought by
Claywell Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
4.65%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

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
Mcclintic Robert D $157,500 --
Beltway Capital Llc $129,900 --
Claywell Virginia L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Claywell Virginia L $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $157,500 -1.5% $84 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
02/05/2023 02/05/23 For Sale $159,900 -- $85 / 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 $3,038 $136,700 $16,600 $120,100
2023 $2,805 $125,200 $15,800 $109,400
2022 $2,751 $122,800 $15,000 $107,800
2021 $2,533 $112,300 $14,800 $97,500
2020 $2,500 $110,400 $14,100 $96,300
2019 $2,329 $107,600 $14,100 $93,500
2018 $1,077 $99,400 $14,100 $85,300
2017 $997 $98,500 $14,100 $84,400
2016 $997 $98,500 $14,100 $84,400
2014 $868 $95,000 $13,900 $81,100
2013 $868 $95,000 $13,900 $81,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21904549

MIBOR Broker Listing Cooperative®

APN: 48-11-27-100-039.000-003