NOT LISTED FOR SALE

3031 W Cross St Anderson, IN 46011

Estimated Value: $164,000 - $232,000

2 Beds
1 Bath
924 Sq Ft
$200/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $460,000 $498 Per Sq Ft

Current estimated payment $1,145/month

64 Days on Market

About This Home

As of August 2021

Four duplex rental portfolio offering with great cash flow. These 8 units have been recently rehabbed and are all rented. There are four brick duplex units sitting together on over one acre total(.28 acre each). Lots of yard space in front and back. These four double units are single story two-bedroom units with 924 Sq. Ft. of living space. They have newer water heaters, fresh paint, many newer windows, newer flooring and counters. The units have laundry hook ups in each unit. These properties are being sold in As Is condition.

Last Agent to Sell the Property

David Salemme

Diverse Property Solutions Ind License #RB14032597 Listed on: 03/03/2021

Last Buyer's Agent

Claudia Grueser

Green Forest Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1970

Lot Details

  • 0.28 Acre Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Community Details

  • Mustin Scatterfield Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for inshazard
  • Assessor Parcel Number 481103200008000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,226

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1970
  • Lot Size Acres: 0.2755
  • Structure Type: Duplex
  • Subdivision Name: MUSTIN SCATTERFIELD
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: InsHazard
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 485000

Garage/Parking

  • Unit Parking: Other
  • Auto Parking: 4

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 1895

Lot Info

  • Parcel Number: 481103200008000003
  • Acres: 1/4-1/2 Acre
  • Lot Information: Not In Subdivision
  • Lot Number: NA
  • Lot Size: 12,001

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1226
  • Semi Annual Property Tax Amt: 613
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Aug 13, 2021
Sold by
Cornerstone Usa Llc
Bought by
Caroli Llc
Seller's Agent
David Salemme
Diverse Property Solutions Ind
Buyer's Agent
Claudia Grueser
Green Forest Realty
List Price
$570,000
Sold Price
$460,000
Premium/Discount to List
-$110,000
-19.3%
Current Estimated Value
$185,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$274,802
Avg. Annual Appreciation
-21.52%
Original Mortgage
$330,000
Outstanding Balance
$302,650
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$124,696

Purchase Details

Closed on
Jun 14, 2019
Sold by
Easterly David M and Easterly Delinda L
Bought by
Cornerstone Usa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4%
Mortgage Type
Commercial
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
Caroli Llc $920,000 None Available
Cornerstone Usa Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caroli Llc $330,000
Previous Owner Cornerstone Usa Llc $280,000
Previous Owner Cornerstone Usa Llc $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $460,000 -5.2% $498 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/29/2021 04/29/21 Price Changed $485,000 -14.9% $525 / Sq Ft
04/27/2021 04/27/21 For Sale $570,000 0.0% $617 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $570,000 -- $617 / 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 $1,465 $65,900 $4,800 $61,100
2023 $1,418 $63,400 $4,600 $58,800
2022 $1,427 $63,800 $4,400 $59,400
2021 $1,323 $58,800 $4,400 $54,400
2020 $1,258 $55,700 $4,200 $51,500
2019 $1,895 $54,200 $4,200 $50,000
2018 $1,216 $52,700 $4,200 $48,500
2017 $1,040 $52,000 $4,200 $47,800
2016 $1,040 $52,000 $4,200 $47,800
2014 $1,402 $70,100 $4,200 $65,900
2013 $1,402 $70,100 $4,200 $65,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21768504

MIBOR Broker Listing Cooperative®

APN: 48-11-03-200-008.000-003