$156,000
SOLD OCT 17, 2025

405 E 38th St Anderson, IN 46013

2 Beds
1 Bath
1,108 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

2% Below List Price

12 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Enclosed Glass Porch
  • No HOA
  • Eat-In Kitchen
  • Bungalow

About This Home

As of October 2025

Welcome to this beautifully updated 2-bedroom, 1-bath bungalow in the heart of South Anderson. From the moment you step inside, you'll be greeted with top-of-the-line finishes and modern details that make this home truly stand out. Every inch has been thoughtfully renovated - no repairs, no updates needed - it's like moving into a brand-new home! The open and inviting floor plan flows seamlessly, featuring a bright living space, a stylish kitchen with high-end finishes, and a completely updated bath. Both bedrooms are comfortable and full of natural light, offering the perfect retreat at the end of the day. Outside, you'll enjoy a large front deck and back deck. Conveniently located near local schools, parks, shopping, and dining, this home combines charm, comfort, and modern living - all in one affordable package. Don't wait - this move-in ready bungalow won't last!

Last Agent to Sell the Property

Heather Upton

Keller Williams Indy Metro NE License #RB14047452 Listed on: 08/28/2025

Keller Williams Indy Metro NE

Co-Listed By

Jeff Upton

Keller Williams Indy Metro NE License #RB16000249

Last Buyer's Agent

Michelle Armstrong

Encore Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1919

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,108 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Eat-In Kitchen
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Highland Middle School
  • Anderson Intermediate School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Enclosed Glass Porch
  • 10,019 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 481125101011000003
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,138

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1919
  • Building Area Total: 1733
  • Co List Office Phone: 317-564-7100
  • Garage Y N: No
  • Lot Size Acres: 0.23
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Eat-in Kitchen
  • Living Area: 1108
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1108
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Partial, Privacy
  • Foundation Details: Block
  • Patio And Porch Features: Glass Enclosed

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Highland Middle School
  • MBR_IntermediateSchool: Anderson Intermediate School

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 10019
  • Parcel Number: 481125101011000003
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1138
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 569
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2025
Closed on
Oct 8, 2025
Sold by
R3 Holdings Llc
Bought by
Kubea Connor J
Seller's Agent
Heather Upton
Keller Williams Indy Metro NE
Buyer's Agent
Michelle Armstrong
Encore Sotheby's International
List Price
$159,900
Sold Price
$156,000
Premium/Discount to List
-$3,900
-2.44%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.05%
Original Mortgage
$153,174
Outstanding Balance
$153,174
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$891

Purchase Details

Closed on
Mar 31, 2023
Sold by
Jg Real Estate Properties Llc
Bought by
R3 Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2020
Sold by
Mcq Reality Llc
Bought by
Jg Real Estate Partnership Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2009
Sold by
Hoppes Roger L and Hoppes Michelle
Bought by
Mcq Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
4.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 30, 2008
Sold by
Hoppes Roger and Hoppes Michelle
Bought by
Malone Joshua and Malone Elisha

Purchase Details

Closed on
Jul 12, 2006
Sold by
Us Bank Na
Bought by
Hoppes Roger L and Hoppes Michelle Hoppes
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deed -- None Listed On Document
Warranty Deed $658,750 Chicago Title
Warranty Deed -- None Available
Warranty Deed -- --
Land Contract $43,001 --
Special Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,174 FHA
Previous Owner $528,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $156,800 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 Sold $156,000 -2.4% $141 / Sq Ft
09/09/2025 09/09/25 Pending -- -- --
08/28/2025 08/28/25 For Sale $159,900 -- $144 / 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
2025 $1,138 $51,200 $3,300 $47,900
2024 $1,138 $51,200 $3,300 $47,900
2023 $1,047 $46,800 $3,100 $43,700
2022 $590 $48,800 $3,000 $45,800
2021 $1,005 $44,600 $3,000 $41,600
2020 $961 $42,500 $2,800 $39,700
2019 $937 $41,400 $2,800 $38,600
2018 $779 $33,700 $2,800 $30,900
2017 $663 $33,100 $2,800 $30,300
2016 $663 $33,100 $2,800 $30,300
2014 $698 $34,900 $2,900 $32,000
2013 $698 $34,900 $2,900 $32,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22059373

MIBOR Broker Listing Cooperative®

APN: 48-11-25-101-011.000-003