NOT LISTED FOR SALE

3035 W Cross St Anderson, IN 46011

Estimated Value: $164,000 - $209,000

-- Bed
1 Bath
924 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 16, 2021

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

Current estimated payment $1,116/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. Thee properties are selling in As Is condition.

Last Listed By

David Salemme

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,258

Year Built

  • Built in 1970

Lot Details

  • 0.28 Acre Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Community Details

  • Mustin Scatterfield Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for inshazard, taxes
  • Assessor Parcel Number 481103200007000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,258

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, Taxes
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 485000

Garage/Parking

  • Unit Parking: 2 Car Space

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 1895

Lot Info

  • Parcel Number: 481103200007000003
  • 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: 1258
  • Semi Annual Property Tax Amt: 629
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2023
Sold by
Caroli Llc Series Ii
Bought by
Grande Rocco
Total Days on Market
64
Current Estimated Value
$177,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$127,787
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$50,180

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.32%
Original Mortgage
$330,000
Interest Rate
2.9%
Mortgage Type
Commercial

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

Purchase Details

Closed on
Aug 5, 2009
Sold by
Gmac Mortgate Llc
Bought by
White Mary

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
Grande Rocco $162,500 Investors Title
Caroli Llc $920,000 None Available
Cornerstone Usa Llc -- None Available
White Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grande Rocco $130,000
Previous Owner Caroli Llc $330,000
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 $1,502 $67,600 $4,800 $62,800
2023 $1,454 $65,000 $4,600 $60,400
2022 $1,463 $65,400 $4,400 $61,000
2021 $1,357 $60,300 $4,400 $55,900
2020 $1,290 $57,100 $4,200 $52,900
2019 $1,942 $55,600 $4,200 $51,400
2018 $1,244 $53,900 $4,200 $49,700
2017 $1,064 $53,200 $4,200 $49,000
2016 $1,064 $53,200 $4,200 $49,000
2014 $1,354 $67,700 $4,200 $63,500
2013 $1,354 $69,700 $4,200 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21769351

MIBOR Broker Listing Cooperative®

APN: 48-11-03-200-007.000-003