NOT LISTED FOR SALE

2726 W 40th St Anderson, IN 46011

Estimated Value: $199,000 - $240,117

3 Beds
2 Baths
1,629 Sq Ft
$135/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $76,000 $47 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,383/month

5 Days on Market

Highlights

  • Ranch Style House
  • Woodwork
  • Forced Air Heating System
  • Wood Flooring
  • Security System Owned
  • Combination Kitchen and Dining Room

About This Home

As of September 2021

Amazing opportunity on this sprawling brick ranch in Madison County. Located in a quiet subdivision, this home presents great upside. Enclosed back yard with patio, parking, privacy fence and oversized outbuilding which could be multiple car parking, workshop, boat/RV storage. Also has 2-car attached Garage. Much interior space with possibility as 4th Bedroom for In-Law Suite, in-home Office or additional Family Room. Interior has ceiling fans, hardwood floors, and wood trim. Needs repairs but priced accordingly. Master Bedroom Suite has Full Bathroom. Must see!

Last Listed By

Chris Price

Keller Williams Indy Metro S License #RB14030267 Listed on: 08/27/2021

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 0.33 Acre Lot
  • Privacy Fence
  • Back Yard Fenced

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,629 Sq Ft Home
  • Woodwork
  • Fireplace Features Masonry
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Attic Access Panel

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Melody Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481127100044000003

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1964
  • Building Area Total: 1629
  • Garage Y N: Yes
  • Lot Size Acres: 0.334
  • Subdivision Name: MELODY MEADOWS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.TheIndyPropertySource.com
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Hardwood Floors, Windows Vinyl, Wood Work Painted, Wood Work Stained
  • Other Equipment: Security Alarm Paid, Smoke Detector, Water-Softener Owned
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1629
  • Main Level Sq Ft: 1629
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Room Floors: Carpeting, Hardwood, Hardwood, Carpeting, Carpeting, Laminate, Carpeting
  • Room Window Treatments: 0, 0, 0, 0, 0, 0, 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: BankOwned
  • Exterior Features: Driveway Concrete, Fence Full Rear, Fence Privacy
  • Foundation Details: Block
  • List Price: 59000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Gas
  • Garage Parking Description: Attached,Detached
  • Garage Sq Ft: 500

Utilities

  • Sewer: Sewer Connected
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: No Water Heater

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481127100044000003
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner,Suburban,Tree Mature,Wooded
  • Lot Number: 41
  • Lot Size: 14,549

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2556
  • Semi Annual Property Tax Amt: 1278
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community
  • Schools: Anderson High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Sep 22, 2021
Sold by
Sca I Holdings Llc
Bought by
Ramirez Martina
Seller's Agent
Chris Price
Keller Williams Indy Metro S
Buyer's Agent
Lucero Vargas
RE/MAX Real Estate Solutions
List Price
$59,000
Sold Price
$76,000
Premium/Discount to List
$17,000
28.81%
Total Days on Market
5
Current Estimated Value
$220,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,529
Avg. Annual Appreciation
33.89%

Purchase Details

Closed on
Jul 23, 2021
Sold by
Kondaur Capital Llc
Bought by
Sca I Holding Llc

Purchase Details

Closed on
May 17, 2021
Sold by
Benge Spenser G
Bought by
Kondaur Capital Llc

Purchase Details

Closed on
Nov 17, 2012
Sold by
Cotton Velma Lee
Bought by
Cotton Velma Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
3.36%
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
Ramirez Martina $76,000 None Available
Ramirez Martina $76,000 None Available
Sca I Holding Llc -- Fidelity National Title
Kondaur Capital Llc -- Fidelity National Title
Cotton Velma Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cotton Velma Lee $140,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $76,000 +28.8% $47 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $59,000 -- $36 / 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 $1,860 $169,200 $16,300 $152,900
2023 $1,875 $154,700 $15,500 $139,200
2022 $1,559 $125,900 $14,600 $111,300
2021 $1,423 $115,400 $14,500 $100,900
2020 $2,555 $110,000 $13,800 $96,200
2019 $582 $107,300 $13,800 $93,500
2018 $1,207 $99,300 $13,800 $85,500
2017 $760 $98,300 $13,800 $84,500
2016 $752 $98,400 $13,800 $84,600
2014 $942 $97,000 $13,600 $83,400
2013 $942 $114,700 $13,600 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21809932

MIBOR Broker Listing Cooperative®

APN: 48-11-27-100-044.000-003