NOT LISTED FOR SALE

402 Ruddle Ave Anderson, IN 46012

Estimated Value: $44,000 - $113,000

2 Beds
2 Baths
1,484 Sq Ft
$58/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $15,000 $10 Per Sq Ft

Est. 470% increase in value since last sale

Current estimated payment $574/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 1-Story Property

About This Home

As of August 2019

A 2-unit older home near Anderson University. Could be returned to a single family home. Both units on the main level and each has a LR, K, BR, and Bathroom. Each unit has a washer/dryer hook up. Refrigerator and stove in each unit belong to landlord. Shared gas, paid by landlord. Water/Sewer paid by landlord. Electric is separate and paid by tenant. Small cellar with two furnaces and one water heater (2 years old). Fixer upper property.

Last Listed By

Carol Miller

Engel & Volkers Listed on: 05/18/2019

Engel & Volkers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,688 Sq Ft Lot
  • Corner Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Additional Features

  • 1-Story Property
  • Separate Meters

Community Details

  • J M Ruddells Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, insurance, lawncare, sewer, trash collection, water
  • Legal Lot and Block 59 / 26
  • Assessor Parcel Number 481207302017000003

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1900
  • Lot Size Acres: 0.1765
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: J M Ruddells
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: Carol.miller@evrealestate.com
  • Special Features: None

Interior Features

  • Levels: One
  • Furnished: Partially
  • Owner Pays: Gas, Insurance, Lawncare, Sewer, Trash Collection, Water
  • Gross Area Sq Ft: 1484
  • SqFt Total: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Other
  • List Price: 22000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Cooling: Separate Meters
  • Solid Waste: Yes
  • HVAC: 2 GFA FURNACES

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Corner Lot, Sidewalks
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 7688
  • Parcel Number: 481207302017000003
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 12000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 864
  • Tax Block: 26
  • Tax Lot: 59
  • Semi Annual Property Tax Amt: 432
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Stephen Mwangi
Bought by
Mwangi Stephen and Chege Lucy
Total Days on Market
40
Current Estimated Value
$85,493

Purchase Details

Listed on
May 18, 2019
Closed on
Aug 15, 2019
Sold by
Devore Gerald
Bought by
Mwangi Stephen
Seller's Agent
Carol Miller
Engel & Volkers
Buyer's Agent
Lyn Fierce
F.C. Tucker/Thompson
List Price
$22,000
Sold Price
$15,000
Premium/Discount to List
-$7,000
-31.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.14%

Purchase Details

Closed on
Aug 10, 2015
Sold by
Zebedis Frank J and Zebedis Marilyn M
Bought by
Devore Gerald

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
Mwangi Stephen -- Sansberry Dickmann Builta & Co
Mwangi Stephen $15,000 Rowland Title
Devore Gerald -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $15,000 -31.8% $10 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
05/18/2019 05/18/19 For Sale $22,000 -- $15 / 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 $1,136 $51,100 $8,600 $42,500
2023 $1,052 $46,900 $8,300 $38,600
2022 $1,041 $46,400 $7,800 $38,600
2021 $973 $43,100 $7,700 $35,400
2020 $934 $41,200 $7,400 $33,800
2019 $887 $39,100 $7,400 $31,700
2018 $2,168 $37,300 $7,400 $29,900
2017 $741 $36,900 $7,400 $29,500
2016 $753 $37,500 $7,600 $29,900
2014 $743 $36,900 $7,900 $29,000
2013 $743 $36,900 $7,900 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21641362

MIBOR Broker Listing Cooperative®

APN: 48-12-07-302-017.000-003