$485,000
SOLD JUL 31, 2025

391 W 500 S Anderson, IN 46013

4 Beds
3 Baths
2,272 Sq Ft
5 Acres

Recently Sold

$213 Per Sq Ft

1% Below List Price

12 Days on Market

Highlights

  • View of Trees or Woods
  • 5 Acre Lot
  • Vaulted Ceiling
  • Pendleton Heights High School Rated 9+
  • Mature Trees
  • No HOA

About This Home

As of July 2025

Nestled at 391 W 500 S, ANDERSON, IN, this single-family residence in Madison County offers an inviting home, ready for you to move in. The living room is a welcoming space, anchored by a ventless gas fireplace that promises cozy evenings. The kitchen is a culinary haven, featuring shaker cabinets that blend style and functionality, and a kitchen peninsula which creates a central hub for meal preparation and casual dining. The home features two primary bedrooms on separate levels as well as a spare bedroom on both levels! Outside, the expansive lot area of 5 acres provides a sense of privacy and tranquility, complemented by the convenience of a shed for storage and a 30x30 detached garage/shop. The deck and patio offer ideal spots for outdoor entertaining or simply unwinding amidst the rural surroundings. This property offers a unique opportunity to embrace a peaceful lifestyle. * New counter tops 2015 * Driveway installed 2015 * New roof/ gutters 2019 * New windows 2019 * New siding 2020 * New water heater 2023

Last Agent to Sell the Property

Jill Dixon

Keller Williams Realty License #RB14043167 Listed on: 06/19/2025

Last Buyer's Agent

Todd Ferris

Ferris Property Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 5 Acre Lot
  • Rural Setting
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Woods
  • Neighborhood

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Pendleton Heights Middle School
  • Pendleton Heights High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 481412100005000012
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,194

Year Built

Built in 1994 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Modular, Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1994
  • Building Area Total: 2272
  • Garage Y N: Yes
  • Lot Size Acres: 5
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, MicroHood, Electric Oven, Refrigerator, Washer, Water Softener Owned, Microwave
  • Levels: One and One Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Eat-in Kitchen, Smart Thermostat, Walk-In Closet(s), Vaulted Ceiling(s)
  • Living Area: 2272
  • Areas Interior: Bedroom Other on Main,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1600
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 672

Exterior Features

  • Construction Materials: Vinyl Siding
  • Direction Faces: North
  • Exterior Features: Storage, Storage Shed
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck
  • Property Condition: Updated/Remodeled
  • View: Trees/Woods, Neighborhood
  • View Y N: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener
  • Garage Parking Other: Finished Garage,Keyless Entry,Service Door

Utilities

  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Natural Gas, Electric, Baseboard
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Private
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Pendleton Heights Middle School

Lot Info

  • Lot Features: Rural - Not Subdivision, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 217800
  • Parcel Number: 481412100005000012
  • Acres: 5-10 Acres

Tax Info

  • Tax Annual Amount: 3194
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1597
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Pendleton Heights High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2025
Closed on
Jul 31, 2025
Sold by
Stephen L Vance L and Stephen Gerrianne M
Bought by
Laman Makayla and Laman Conner W
Seller's Agent
Jill Dixon
Keller Williams Realty
Buyer's Agent
Todd Ferris
Ferris Property Group
List Price
$489,500
Sold Price
$485,000
Premium/Discount to List
-$4,500
-0.92%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.56%
Original Mortgage
$460,750
Outstanding Balance
$460,358
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$14,470

Purchase Details

Closed on
Sep 12, 2016
Sold by
Vance Stephen L and Vance Gerrianne M
Bought by
Vance Joint Trust
Source: Public Records

Range of Values:

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Average Value
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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
Deed -- None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Sold $485,000 -0.9% $213 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $489,500 -- $215 / 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 $3,195 $310,400 $43,400 $267,000
2023 $3,101 $282,400 $40,200 $242,200
2022 $3,086 $270,000 $37,100 $232,900
2021 $2,535 $242,000 $33,400 $208,600
2020 $2,667 $230,500 $31,800 $198,700
2019 $2,639 $226,000 $32,900 $193,100
2018 $2,666 $207,200 $31,100 $176,100
2017 $2,296 $192,700 $29,900 $162,800
2016 $2,269 $188,400 $29,700 $158,700
2014 $2,157 $178,200 $28,200 $150,000
2013 $2,157 $186,600 $27,100 $159,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22043708

MIBOR Broker Listing Cooperative®

APN: 48-14-12-100-005.000-012