421 W 2nd St Anderson, IN 46016
Estimated payment $458/month
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
Keller Williams Indpls Metro N License #RB15000083 Listed on: 02/13/2025

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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Indiana Land Title | |
Warranty Deed | -- | None Available | |
Sheriffs Deed | $47,116 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,009,205 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22021284

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