NOT LISTED FOR SALE

2939 Columbus Ave Anderson, IN 46016

Estimated Value: $69,000 - $89,000

2 Beds
1 Bath
1,088 Sq Ft
$73/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $70,000 $64 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $572/month

22 Days on Market

About This Home

As of March 2024

Action Required: No Wholesaler offers will be considered. Proof of funds and all contracts must be in the name of the end user. All showings require proof of funds, no exceptions. Financing Type: Only cash offers will be considered Fix it up and keep it as a rental and raise rents to fair market value (Shortage of Section 8 Housing in Anderson. See upside remarks below) Current Financials: Currently leased out for a total of $650 per month 1 Bed, 1 Bath Unit in the back is vacant. Upside Potential: According to the 2024 HUD Fair Market Rents (FMRs) for the 46016 Zip Code, there is substantial room for rent increase, with the potential to raise total rent to $2,008 per month for both units. Property can be sold as a package deal. (See remarks below) Listing Broker has a spreadsheet with underwriting analysis on investment property, PDF copy of the underwriting on file. If represented by an outside agency, connect your representative. In order to receive financial information and data analysis buyers must register through the listing broker even if represented by an outside agency. Please note: Interior of property has not been examined due to distressed conditions. All financial projections and data are based on available information and should be independently verified by the buyer. Once under contract, buyers may conduct physical inspection to verify the condition of property. Property is being sold as-is. Package: 2203-2205 George St (Duplex), 1818 Broadway, 1405 W 4th St, 1202 Home Ave, 1124 Home Ave, 1304 E 27th St, 125 E 35th St, 2939 Columbus Ave (Duplex). All investment properties can be bought as a package or individually. See MLS listings.

Last Agent to Sell the Property

Jordan Ice

Trueblood Real Estate Brokerage Email: jordanice@fmvrei.com License #RB23001166 Listed on: 02/21/2024

Trueblood Real Estate

Last Buyer's Agent

Jocelyn Deal

eXp Realty LLC License #RB18000459

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,000

Home Design

  • Duplex

Schools

  • Highland Middle School
  • Anderson Intermediate School

Additional Features

  • 1-Story Property
  • 5,000 Sq Ft Lot
  • Basement

Community Details

  • Colonial Subdivision

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 481219204032000003

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1925
  • Lot Size Acres: 0.12
  • Subdivision Name: Colonial
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 35000
  • MBR_AttributionContact: jordanice@fmvrei.com
  • Attribution Contact: jordanice@fmvrei.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 75000
  • Road Access: Frontage Road

Utilities

  • Cooling: Other
  • Heating: Other
  • Solid Waste: Yes

Fee Information

  • Expenses: 2000

Schools

  • Middle Or Junior School: Highland Middle School
  • MBR_IntermediateSchool: Anderson Intermediate School

Lot Info

  • Property Attached Yn: No
  • Current Use: Residential
  • Lot Size Sq Ft: 5000
  • Parcel Number: 481219204032000003
  • Acres: <1/4 Acre
  • Price Acre: 583333

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 7800
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2854
  • Tax Lot: 019
  • Semi Annual Property Tax Amt: 1427

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Mar 26, 2024
Sold by
Set Sail Investments Llc
Bought by
Flores Ramon Cuautecontzi
Seller's Agent
Jordan Ice
Trueblood Real Estate
Buyer's Agent
Jocelyn Deal
eXp Realty LLC
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Views
44
Current Estimated Value
$79,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,758
Avg. Annual Appreciation
10.72%

Purchase Details

Closed on
Jan 28, 2019
Sold by
Hart Michael J and Hart Ronald E
Bought by
Meyer Citivest Llc

Purchase Details

Closed on
Dec 17, 2007
Sold by
Federal National Mortgage Association
Bought by
Hart Ronald E and Hart Michael J
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
Flores Ramon Cuautecontzi $70,000 Absolute Title Inc
Meyer Citivest Llc -- None Available
Hart Ronald E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $70,000 -6.7% $64 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $75,000 -- $69 / 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 $1,547 $69,600 $10,300 $59,300
2023 $1,427 $63,800 $9,800 $54,000
2022 $1,418 $63,400 $9,300 $54,100
2021 $1,305 $58,000 $9,200 $48,800
2020 $1,254 $55,500 $8,800 $46,700
2019 $1,226 $54,200 $8,800 $45,400
2018 $1,159 $50,200 $8,800 $41,400
2017 $994 $49,700 $8,800 $40,900
2016 $1,012 $50,600 $8,800 $41,800
2014 $998 $49,900 $8,800 $41,100
2013 $998 $49,900 $8,800 $41,100
Source: Public Records

Agents Affiliated with this Home

  • Jordan Ice

    Seller's Agent in 2024

    Jordan Ice

    Trueblood Real Estate

    (317) 501-4499

    9 in this area

    17 Total Sales

    Jordan Ice
    Section Image
  • Jocelyn Deal

    Buyer's Agent in 2024

    Jocelyn Deal

    eXp Realty LLC

    (317) 777-1367

    8 in this area

    303 Total Sales

    Jocelyn Deal
    Section Image

  • M

    Buyer Co-Listing Agent in 2024

    Melissa Wombles

    eXp Realty, LLC

    (317) 538-4583

    3 in this area

    46 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21965078

MIBOR Broker Listing Cooperative®

APN: 48-12-19-204-032.000-003

Indiana Madison County Anderson 46016

2939 Columbus Ave, Anderson, IN

This home is located at 2939 Columbus Ave, Anderson, IN 46016 since 21 February 2024 and is currently estimated at $79,758, approximately $73 per square foot. This property was built in 1925. 2939 Columbus Ave is a home located in Madison County with nearby schools including Erskine Elementary School, Highland Junior High School, and Anderson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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