$69,900
$35K PRICE DROP

421 W 2nd St Anderson, IN 46016

Estimated payment $458/month

1 Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 4 doors across 3 properties, this particular property is a value-add brick ranch duplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 421 W 2nd St, the duplex sits on a flat lot and has a side by side layout. Each unit features 1 bedroom and 1 bathroom, with all utilities separately metered. All properties in this portfolio are vacant, offering a blank canvas for renovations. Condition levels vary, and the pricing reflects their as-is status-giving savvy investors a prime opportunity to add value and maximize returns. Located within about one mile of downtown Anderson, these properties also benefit from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with cash-flowing rentals or prefer a BRRRR or flip strategy, this package provides a golden chance to invest in a rapidly improving area. Capitalize on this unique opportunity and grow your real estate portfolio today!

Listing Agent

Peter Stewart

Keller Williams Indpls Metro N License #RB15000083 Listed on: 02/13/2025

Keller Williams Indpls Metro N

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1962

Parking

  • Alley Access

Home Design

  • Duplex
  • Ranch Style House
  • Fixer Upper
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Crawl Space
  • 6,250 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Matters Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481112204038000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,036

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch, Traditional
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1962
  • Lot Size Acres: 0.14
  • Structure Type: Duplex
  • Subdivision Name: Matters
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 34950
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Total Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Crawl Space
  • List Price: 69900
  • Property Condition: Fixer
  • View Y N: No
  • Waterfront: No
  • Road Access: See Remarks

Garage/Parking

  • Carport Spaces: 1
  • Parking Features: Alley Access
  • Unit Parking: Other

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6250
  • Parcel Number: 481112204038000003
  • Acres: <1/4 Acre
  • Price Acre: 499286

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1036
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 518
  • Tax Exemption: None

Map

Range of Values:

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Average Value
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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

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 $1,122 $50,500 $8,100 $42,400
2023 $1,036 $46,300 $7,700 $38,600
2022 $1,063 $47,500 $7,200 $40,300
2021 $959 $42,600 $7,200 $35,400
2020 $926 $41,000 $6,800 $34,200
2019 $907 $40,100 $6,800 $33,300
2018 $716 $31,000 $6,900 $24,100
2017 $620 $31,000 $6,900 $24,100
2016 $620 $31,000 $6,900 $24,100
2014 $736 $36,800 $6,900 $29,900
2013 $736 $36,800 $6,900 $29,900
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Indiana Land Title
Warranty Deed -- None Available
Sheriffs Deed $47,116 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,009,205 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22021284

MIBOR Broker Listing Cooperative®

APN: 48-11-12-204-038.000-003