NOT LISTED FOR SALE

4003 Mellen Dr Anderson, IN 46013

Estimated Value: $178,204 - $234,000

2 Beds
1 Bath
899 Sq Ft
$220/Sq Ft Est. Value

Last Sold September 10, 2015

Last sale price $90,000 $100 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,361/month

830 Days on Market

Highlights

  • 0.52 Acre Lot
  • 1-Story Property
  • Property is near a bus stop

About This Home

As of September 2015

Very nice brick duplexes with attached one car garage. Located on the busline, on the southside of Anderson. Both sides are rented. Measurements are approximate.

Last Listed By

Linda Babbitt

Gold Key Properties Listed on: 04/10/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,078

Year Built

  • Built in 1972

Lot Details

  • 0.52

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Additional Features

  • 0.52 Acre Lot
  • Property is near a bus stop

Community Details

  • Hilltop Heights Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, insurance, all utilities
  • The owner pays for ins hazard, insurance, taxes, no utilities
  • Tax Lot 520
  • Assessor Parcel Number 481230202025000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,078

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1972
  • Lot Size Acres: 0.52
  • Structure Type: Duplex
  • Subdivision Name: Hilltop Heights
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Website: www.goldkey1.com
  • Conversion: No
  • MBR_AttributionContact: LINDA@GOLDKEY1.COM
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Ins Hazard, Insurance, Insurance, Taxes, No Utilities
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 110000

Garage/Parking

  • Unit Parking: 1 Car Garage

Utilities

  • Utilities: Cable Connected, Gas, Sewer Connected, Water Connected
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 3000

Lot Info

  • Lot Features: Access, Busline
  • Additional Parcels: No
  • Lot Size Sq Ft: 114
  • Parcel Number: 481230202025000003
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Cable TV, Insurance, All Utilities

Multi Family

  • Net Operating Income: 10200
  • Gross Income: 13200
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2078
  • Tax Lot: 520
  • Semi Annual Property Tax Amt: 1039
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2013
Closed on
Aug 26, 2015
Sold by
Day Stephen W
Bought by
Naylor David E
Seller's Agent
Linda Babbitt
Gold Key Properties
Buyer's Agent
Charlene Gaard
No Limit Real Estate, LLC
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%
Total Days on Market
830
Current Estimated Value
$197,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,801
Avg. Annual Appreciation
8.47%
Original Mortgage
$85,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Anderson, IN

  • 718 Mellen Dr, Anderson, IN 46013

    $195,900

    • 2 Beds
    • 1 Bath
    • 718 Mellen Dr
    • Anderson, IN

    Nice Brick Duplex, located in Hilltop Heights. This duplex is 2/1 each side and includes attached Garages and large back yard. The Tenants paying all utilities. All appliances included except the washer and dryer in each unit.

    Sonya Pickett RE/MAX Real Estate Solutions

    Section Image
  • 1309 E 47th St, Anderson, IN 46013

    $219,900

    • 4 Beds
    • 2 Baths
    • 1309 E 47th St
    • Anderson, IN

    This very well-maintained duplex located on Anderson's Southeast side has so much to offer. The maintenance free brick exterior, large yard, and nice back patio area are attractive features to attract and keep renters. The location is convenient to shopping, entertainment, amenities, and interstate access. There are 2 units with the addresses of 1309 and 1311 E 4th St, Anderson, IN 46013.

    Jeff Weightman Weightman Realty Group, LLC

    Section Image
  • 1714 Jefferson St, Anderson, IN 46016

    $154,900

    • 4 Beds
    • 2 Baths
    • 1714 Jefferson St
    • Anderson, IN

    Versatile Duplex Opportunity on Jefferson Street. Whether you're expanding your investment portfolio or seeking an owner-occupied opportunity with rental income, this spacious duplex on Jefferson Street delivers flexibility and value. 1712 Jefferson offers a well-appointed 1-bedroom, 1-bath layout all on the main level, featuring hardwood floors, an eat-in kitchen, and a private basement with

    Jacqueline Alexander Green Forest Realty

    Section Image
  • 334 Central Ave, Anderson, IN 46012

    $185,000

    • 2 Beds
    • 2 Baths
    • 1,508 Sq Ft
    • 334 Central Ave
    • Anderson, IN

    Tenants fall in love with this charming mid-century modern duplex just one block from Anderson University. Each unit boasts an attached garage with included opener, a 12’x17’ spacious hardwood floor bedroom, galley kitchens with new or newer appliances, granite countertops, dishwashers, disposals, washer-dryer hookups and more. The large living rooms feature brick fireplaces, floor-to-ceiling

    Jon Green F.C. Tucker / Prosperity

    Section Image
  • 208 Donnelly Dr, Anderson, IN 46011

    $200,000

    • 2 Beds
    • 2 Baths
    • 208 Donnelly Dr
    • Anderson, IN

    Charming Duplex Near Edgewood Golf Course - Great Investment Opportunity! Don't miss this duplex offering two spacious 1-bedroom, 1-bathroom units. Both units feature a large bedroom, a full bathroom, in-unit laundry closet, and a one-car attached garage-perfect for tenants or owner-occupants seeking privacy and practicality. Ideally located just steps from the scenic Edgewood Golf Course and a

    Stephanie Evelo Keller Williams Indy Metro NE

    Section Image
See All Homes in Anderson

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
Naylor David E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naylor David E $78,000
Closed Naylor David E $78,000
Closed Naylor David E $85,500
Previous Owner Day Stephen W $64,496
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2015 09/10/15 Sold $90,000 -18.2% $100 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
04/10/2013 04/10/13 For Sale $110,000 -- $122 / 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 $3,102 $139,600 $20,900 $118,700
2023 $1,482 $135,700 $19,900 $115,800
2022 $1,499 $136,500 $19,500 $117,000
2021 $1,385 $126,100 $19,300 $106,800
2020 $1,314 $119,600 $18,400 $101,200
2019 $1,280 $116,600 $18,400 $98,200
2018 $1,198 $108,100 $18,400 $89,700
2017 $1,093 $109,300 $18,400 $90,900
2016 $1,669 $112,400 $19,000 $93,400
2014 $2,182 $109,100 $18,700 $90,400
2013 $2,182 $109,100 $18,700 $90,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Linda Babbitt

    Gold Key Properties

  • Charlene Gaard

    Buyer's Agent in 2015

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    5 in this area

    295 Total Sales

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21225251

MIBOR Broker Listing Cooperative®

APN: 48-12-30-202-025.000-003

Indiana Madison County Anderson 46013

4003 Mellen Dr, Anderson, IN

Homes for Sale in Anderson, IN

This home is located at 4003 Mellen Dr, Anderson, IN 46013 since 10 April 2013 and is currently estimated at $197,801, approximately $220 per square foot. This property was built in 1972. 4003 Mellen Dr is a home located in Madison County with nearby schools including Erskine Elementary School, Highland Junior High 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.

Nearby Homes