NOT LISTED FOR SALE

3207 Forest Terrace Anderson, IN 46013

Estimated Value: $81,000 - $142,113

3 Beds
1 Bath
1,631 Sq Ft
$63/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $54,900 $34 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $736/month

About This Home

As of October 2023

Prime Investment Opportunity in Anderson, Indiana! This spacious 3-bedroom, 2-bathroom home with a detached 2-car garage is just minutes away from I-69 and the Walmart Supercenter, adding unmatched convenience for potential tenants. Situated in an established neighborhood, this property offers strong investment potential. With schools, parks, and essential amenities in close proximity, it's an ideal choice for renters. Don't miss out on this promising investment - act now, as opportunities like this are in high demand!

Last Agent to Sell the Property

Terry Young

Red Bridge Real Estate Brokerage Email: terry@redbridgerealestate.com Listed on: 09/27/2023

Last Buyer's Agent

Luis Coronel

Coronel Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,250

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex

Additional Features

  • 2-Story Property
  • 6,250 Sq Ft Lot
  • Basement

Community Details

  • Lowmandale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481219402132000003

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1910
  • Lot Size Acres: 0.14
  • Subdivision Name: Lowmandale
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: terry@redbridgerealestate.com
  • Attribution Contact: terry@redbridgerealestate.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 54900
  • Road Access: Access Rd

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 6250
  • Parcel Number: 481219402132000003
  • Zoning: 0
  • Acres: <1/4 Acre
  • Price Acre: 392143

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2284
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Oct 12, 2023
Sold by
Simple Notes Inc
Bought by
Benites Anastacia Vazquez
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$54,900
Sold Price
$54,900
Views
20
Current Estimated Value
$103,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,628
Avg. Annual Appreciation
38.21%
Original Mortgage
$40,900
Outstanding Balance
$35,255
Interest Rate
6.55%
Mortgage Type
Seller Take Back
Estimated Equity
$68,273

Purchase Details

Listed on
Sep 27, 2023
Closed on
Sep 15, 2023
Sold by
Lacy Stuart W
Bought by
Simple Quarters Llc
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$54,900
Sold Price
$54,900
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,900
Outstanding Balance
$35,255
Interest Rate
6.55%
Mortgage Type
Seller Take Back
Estimated Equity
$68,273

Purchase Details

Closed on
Nov 12, 2019
Sold by
Ittenbach Capital Llc
Bought by
Lacy Stuart W
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
Benites Anastacia Vazquez -- None Listed On Document
Simple Quarters Llc $23,000 None Listed On Document
Lacy Stuart W -- None Available
Ittenbach Capital Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benites Anastacia Vazquez $40,900
Closed Simple Quarters Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $54,900 0.0% $34 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $54,900 -- $34 / 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 $2,242 $100,900 $9,100 $91,800
2023 $984 $92,100 $8,700 $83,400
2022 $988 $91,600 $8,100 $83,500
2021 $898 $83,500 $8,100 $75,400
2020 $854 $79,600 $7,700 $71,900
2019 $835 $77,900 $7,700 $70,200
2018 $772 $71,500 $7,700 $63,800
2017 $709 $70,900 $7,700 $63,200
2016 $1,439 $69,600 $7,700 $61,900
2014 $687 $68,700 $7,700 $61,000
2013 $687 $68,800 $7,700 $61,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Terry Young

    Red Bridge Real Estate

    (765) 335-1905

    10 in this area

    308 Total Sales

    Terry Young
    Section Image

  • L

    Buyer's Agent in 2023

    Luis Coronel

    Coronel Realty Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21945608

MIBOR Broker Listing Cooperative®

APN: 48-12-19-402-132.000-003

Indiana Madison County Anderson 46013

3207 Forest Terrace, Anderson, IN

This home is located at 3207 Forest Terrace, Anderson, IN 46013 since 27 September 2023 and is currently estimated at $103,528, approximately $63 per square foot. This property was built in 1910. 3207 Forest Terrace is a home located in Madison County with nearby schools including Valley Grove Elementary School, Highland Middle 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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