$460,000
SOLD AUG 16, 2021

3039 W Cross St Anderson, IN 46011

-- Bed
-- Bath
924 Sq Ft
0.28 Acres

Recently Sold

$498 Per Sq Ft

19% Below List Price

64 Days on Market

About This Home

As of September 2023

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

Last Buyer's Agent

Claudia Grueser

Green Forest Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,222

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 481103200020000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,222

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: 481103200020000003
  • 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: 1222
  • Semi Annual Property Tax Amt: 611
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 30, 2023
Sold by
Caroli Llc Series Ii
Bought by
Grande Rocco
Seller's Agent
Sarah Fishburn
F.C. Tucker Company
Buyer's Agent
Wayez Mall
Meridian Street Realty Group L
List Price
$600,000
Sold Price
$650,000
Premium/Discount to List
$50,000
8.33%
Total Days on Market
64
Views
17
Current Estimated Value
$177,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$472,900
Avg. Annual Appreciation
-53.46%
Original Mortgage
$130,000
Outstanding Balance
$127,787
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$49,313

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
18.27%
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

Map

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 Type Sale Price Title Company
Warranty Deed $162,500 Investors Title
Warranty Deed $920,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 Construction
Previous Owner $330,000 Commercial
Previous Owner $52,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Rented $960 0.0% --
05/02/2024 05/02/24 For Rent $960 0.0% --
09/08/2023 09/08/23 Sold $650,000 +8.3% $703 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $600,000 +30.4% $649 / Sq Ft
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

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 $1,458 $65,600 $4,800 $60,800
2023 $1,412 $63,100 $4,600 $58,500
2022 $1,421 $63,500 $4,400 $59,100
2021 $1,316 $58,500 $4,400 $54,100
2020 $1,254 $55,500 $4,200 $51,300
2019 $1,855 $54,000 $4,200 $49,800
2018 $1,152 $49,900 $4,200 $45,700
2017 $984 $49,200 $4,200 $45,000
2016 $984 $49,200 $4,200 $45,000
2014 $1,402 $70,100 $4,200 $65,900
2013 $1,402 $70,100 $4,200 $65,900
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21769356

MIBOR Broker Listing Cooperative®

APN: 48-11-03-200-020.000-003