NOT LISTED FOR SALE

411 Central Ave Anderson, IN 46012

Anderson Area
-- Bed
-- Bath
-- Sq Ft
0.36 Acre Lot

Sale Details

Date Sold: February 7, 2025

Last sale price $507,000

6 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • Landscaped with Trees

About This Home

As of February 2025

**Request for highest and best offers by 11:00 AM on Wednesday, 12/18.** Great investment opportunity featuring two well-maintained one-story brick buildings with a total of 8 units! The properties located at 411 Central Ave and 414 Ruddle Ave, are divided by an alley and have five concrete parking spaces for each building. Each unit is approximately 700 sq ft, with identical layouts including one bedroom, one bathroom, kitchen, living room, and adjacent dining area. A coin laundry with 2 washers and 2 dryers is located in the Central building and shared by all tenants. These units are two blocks from Anderson University and within minutes of downtown Anderson, city parks and bike paths. Conveniently located and well maintained, these buildings provide the perfect setup for any investment portfolio! Properties sold As-Is. No showings on occupied unit's w/o an accepted offer.

Last Agent to Sell the Property

Cory Parker

RE/MAX Real Estate Solutions Brokerage Email: cory@corysoldmine.com License #RB23001973 Listed on: 12/12/2024

RE/MAX Real Estate Solutions

Last Buyer's Agent

Smita Bakshi

Forthright Real Estate License #RB24000601

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,120

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 15,681 Sq Ft Lot
  • Landscaped with Trees
  • Additional Parcels

Home Design

  • Quadruplex
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Parking

  • Alley Access
  • Assigned Parking

Schools

  • Highland Middle School
  • Anderson Intermediate School

Additional Features

  • City Lot
  • Forced Air Heating and Cooling System

Community Details

  • J M Ruddells Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • The owner pays for gas, sewer, water
  • Tax Lot L018 & L061
  • Assessor Parcel Number 481207302166000003
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,120

Year Built

Built in 1972 | Remodeled

Lot Details

0.36 Acres

Listing Details

  • Property Sub Type: Fourplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1972
  • Lot Size Acres: 0.36
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Subdivision Name: J M Ruddells
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: cory@corysoldmine.com
  • Multi Rooms: 4
  • Attribution Contact: cory@corysoldmine.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Gas, Sewer, Water
  • Possible Use: Residential
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Brick
  • Foundation Details: Block
  • Property Condition: Updated/Remodeled
  • Road Access: Access Rd

Garage/Parking

  • Parking Features: Alley Access, Assigned, Concrete
  • Unit Parking: Guest Parking,On Street,Parking Lot

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Laundry Features: Common Laundry
  • Security Features: Smoke Alarm
  • Solid Waste: No

Schools

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

Lot Info

  • Lot Features: City Lot, Sidewalks, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels Description: 48-12-07-302-019.000-003
  • Additional Parcels: Yes
  • Current Use: Multi-Family
  • Lot Size Sq Ft: 15681
  • Parcel Number: 481207302166000003
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Tax Info

  • Tax Annual Amount: 4120
  • Tax Lot: L018 & L061
  • Semi Annual Property Tax Amt: 2060

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2026
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$239,541
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2024
Closed on
Feb 7, 2025
Sold by
Bought by
Seller's Agent
Cory Parker
RE/MAX Real Estate Solutions
Buyer's Agent
Smita Bakshi
Forthright Real Estate
List Price
$499,900
Sold Price
$507,000
Premium/Discount to List
$7,100
1.42%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,125
Interest Rate
6.85%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
$253,500 Absolute Title Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $240,000
Previous Owner $190,125
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/07/2025 02/07/25 Sold $507,000 +1.4% --
12/18/2024 12/18/24 Pending -- -- --
12/12/2024 12/12/24 For Sale $499,900 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,027 $92,000 $17,100 $74,900
2024 $2,045 $92,000 $8,300 $83,700
2023 $2,058 $92,000 $9,800 $82,200
2022 $2,058 $92,000 $8,600 $83,400
2021 $2,070 $92,000 $9,200 $82,800
2020 $2,078 $92,000 $9,200 $82,800
2019 $2,081 $92,000 $8,300 $83,700
2018 $1,872 $81,100 $9,000 $72,100
2017 $1,602 $80,100 $9,000 $71,100
2016 $1,392 $69,600 $9,000 $60,600
2014 $1,504 $75,200 $9,000 $66,200
2013 $1,504 $75,200 $9,000 $66,200
Source: Public Records

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22014883

MIBOR Broker Listing Cooperative®
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