NOT LISTED FOR SALE

409 W 11th St Anderson, IN 46016

Estimated Value: $49,000 - $223,000

6 Beds
2 Baths
-- Sq Ft
6,345 Sq Ft Lot

Last Sold April 01, 2024

Last sale price $20,000

Est. 531% increase in value since last sale

Current estimated payment $807/month

120 Days on Market

About This Home

As of April 2024

INVESTOR ALERT!! Don't miss this prime opportunity to bring this massive 6br historic home to life in Anderson! Nestled in the historic district among several completely remodeled homes, and located just blocks to downtown, the saavy investor can create tremendous value through a full gut remodel of the home. The property was originally a duplex, creating even more opportunity if kept in that configuration. With nearly 3700sq ft of finished space over two floors, the possibilities are endless! Spacious and deep lot has plenty of room for a garage in the back, an ADU, or additional units (buyer to verify w/city). If done right the after repair value could be $400k+! The home is being sold as-is and for cash or hard/private money only due to the condition. Also listed as a single family residence.

Last Agent to Sell the Property

Peter Stewart

Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 11/10/2023

Keller Williams Indpls Metro N

Last Buyer's Agent

Schuyler Estes

RE/MAX Real Estate Solutions

RE/MAX Real Estate Solutions

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,345

Home Design

  • Duplex
  • Victorian Architecture
  • Fixer Upper

Additional Features

  • 2-Story Property
  • 6,345 Sq Ft Lot
  • Radiator
  • Unfinished Basement

Community Details

  • Rosedale Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for not applic
  • Legal Lot and Block 2-1 / 13
  • Assessor Parcel Number 481113201143000003

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Victorian
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1900
  • Lot Size Acres: 0.15
  • Structure Type: Duplex
  • Subdivision Name: Rosedale
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 10000
  • MBR_AttributionContact: peter@peterstewartrealty.com
  • Attribution Contact: peter@peterstewartrealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Owner Pays: Not Applic
  • Gross Area Sq Ft: 3694
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • List Price: 39900
  • Property Condition: Fixer
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: Other

Utilities

  • Cooling: None
  • Heating: Radiator(s)
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 6345
  • Parcel Number: 481113201143000003
  • Zoning: N/A
  • Acres: <1/4 Acre
  • Price Acre: 133333

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1220
  • Tax Block: 13
  • Tax Lot: 2-1
  • Semi Annual Property Tax Amt: 610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Mar 27, 2024
Sold by
Chof Indiana Homes Llc
Bought by
Lopez Marisol Medina
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Schuyler Estes
RE/MAX Real Estate Solutions
List Price
$39,900
Sold Price
$20,000
Premium/Discount to List
-$19,900
-49.87%
Views
478
Current Estimated Value
$126,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,278
Avg. Annual Appreciation
366.36%

Purchase Details

Closed on
Jan 10, 2020
Sold by
Madison County Auditor
Bought by
New Horizon Indiana Housing I Llc

Purchase Details

Closed on
Jul 7, 2013
Sold by
Home Opportunity Llc
Bought by
Graytorreys Fund Llc

Purchase Details

Closed on
Mar 21, 2013
Sold by
Transportation Alliance Bank
Bought by
Home Opportunity Llc

Purchase Details

Closed on
Jun 28, 2012
Sold by
Home Solutions Partners Iv Reo Llc
Bought by
Transportation Alliance Bank Inc
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
Lopez Marisol Medina $20,000 Meridian Title
New Horizon Indiana Housing I Llc $4,432 None Available
Graytorreys Fund Llc $3,095 --
Home Opportunity Llc -- --
Transportation Alliance Bank Inc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $20,000 -49.9% --
03/10/2024 03/10/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $39,900 0.0% --
02/27/2024 02/27/24 Pending -- -- --
02/23/2024 02/23/24 Price Changed $39,900 -20.0% --
01/02/2024 01/02/24 Price Changed $49,900 -16.7% --
11/10/2023 11/10/23 For Sale $59,900 -- --
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 $1,322 $59,500 $10,200 $49,300
2023 $1,219 $54,500 $9,700 $44,800
2022 $1,219 $54,500 $9,200 $45,300
2021 $578 $25,700 $9,100 $16,600
2020 $2,162 $95,700 $8,600 $87,100
2019 $2,106 $93,100 $8,600 $84,500
2018 $1,964 $85,100 $8,600 $76,500
2017 $1,688 $84,400 $8,600 $75,800
2016 $2,092 $84,400 $8,600 $75,800
2014 $1,820 $91,000 $9,700 $81,300
2013 $1,820 $91,000 $9,700 $81,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21952577

MIBOR Broker Listing Cooperative®

APN: 48-11-13-201-143.000-003