$50,000
SOLD DEC 29, 2025

424 W 3rd St Anderson, IN 46016

4 Beds
1 Bath
1,269 Sq Ft
0.29 Acres

Recently Sold

$39 Per Sq Ft

2% Above List Price

2 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Combination Kitchen and Dining Room
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of December 2025

Investor Alert! Don't miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $900/mo (tenant pays utilities) - nearly hitting the 2% rule!! The home sits on a corner lot and has 4 bedrooms, 1 bathroom, and nearly 1300sq ft of finished living space with a small unfinished basement. Large rear fenced yard with huge storage shed. No HOA! Excellent location within blocks of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is.

Last Agent to Sell the Property

Peter Stewart

Keller Williams Indpls Metro N License #RB15000083 Listed on: 12/08/2025

Keller Williams Indpls Metro N

Last Buyer's Agent

Peter Stewart

Keller Williams Indpls Metro N License #RB15000083 Listed on: 12/08/2025

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • Corner Lot

Home Design

  • Ranch Style House
  • Block Foundation

Interior Spaces

  • 1,269 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Carpet
  • Electric Oven
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Matters Subdivision

Listing and Financial Details

  • Tax Lot 19-20
  • Assessor Parcel Number 481112204020000003
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1900
  • Building Area Total: 1574
  • Garage Y N: No
  • Lot Size Acres: 0.29
  • Subdivision Name: Matters
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1269
  • Other Equipment: None
  • Spa Y N: No
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1269
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Other
  • Fencing: Chain Link, Full
  • Foundation Details: Block
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Corner Lot
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 12502
  • Parcel Number: 481112204020000003
  • Acres: 1/4-1/2 Acre

Tax Info

  • Tax Annual Amount: 740
  • Tax Lot: 19-20
  • Semi Annual Property Tax Amt: 370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2025
Closed on
Dec 23, 2025
Sold by
Wolfe Capital Investments Llc
Bought by
Equity Trust and Upperman
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Peter Stewart
Keller Williams Indpls Metro N
List Price
$49,000
Sold Price
$50,000
Premium/Discount to List
$1,000
2.04%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
169924.50%

Purchase Details

Closed on
Sep 28, 2021
Sold by
Meyer Citivest Llc
Bought by
Wolfe Capital Investments Llc

Purchase Details

Closed on
Sep 5, 2019
Sold by
Kocinski Ken A
Bought by
Meyercitivest Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $30,000 Rowland Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2025 12/29/25 Sold $50,000 +2.0% $39 / Sq Ft
12/10/2025 12/10/25 Pending -- -- --
12/08/2025 12/08/25 For Sale $49,000 -- $39 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $740 $33,300 $11,600 $21,700
2024 $740 $33,300 $11,600 $21,700
2023 $691 $30,800 $11,000 $19,800
2022 $682 $30,400 $10,400 $20,000
2021 $641 $28,400 $10,300 $18,100
2020 $617 $27,200 $9,800 $17,400
2019 $606 $26,700 $9,800 $16,900
2018 $584 $25,200 $9,800 $15,400
2017 $502 $25,000 $9,800 $15,200
2016 $502 $25,000 $9,800 $15,200
2014 $452 $22,500 $6,700 $15,800
2013 $452 $22,500 $6,700 $15,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22075412

MIBOR Broker Listing Cooperative®

APN: 48-11-12-204-020.000-003