NOT LISTED FOR SALE

431 W 11th St Anderson, IN 46016

Estimated Value: $72,000 - $197,000

5 Beds
2.5 Baths
3,200 Sq Ft
$39/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $65,000 $20 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $765/month

60 Days on Market

Highlights

  • The property is located in a historic district
  • Covered patio or porch
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • 2 Car Detached Garage
  • 4-minute walk to Elmo A Funk Historical Eighth St Park

About This Home

As of November 2022

Are you looking for an investment property in historic downtown Anderson? I can't wait for you to check out this 3 story duplex with a full basement. The home has a 3 car detached garage. The downstairs unit is two bedrooms with one bath. Upstairs unit has two bedrooms and a full bath on 2nd level and a 3rd bedroom with a half bath on the 3rd level. Washer/Dryer hook-ups are in the basement.

Last Agent to Sell the Property

Elizabeth Stone

NextHome Elite Real Estate Listed on: 07/30/2022

NextHome Elite Real Estate

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $802

Year Built

  • Built in 1905

Lot Details

  • 5,620 Sq Ft Lot
  • Lot Dimensions are 141 x 40
  • Level Lot
  • Irregular Lot
  • Historic Home

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Washer Hookup

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Schools

  • Tenth Street Elementary School
  • Highland Junior High
  • Anderson High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • The property is located in a historic district

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 48-11-13-201-107.000-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$802

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1905
  • Age: 117
  • Style: Three Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: EATON 40' W SD L001
  • Parcel Number ID: 48-11-13-201-107.000-003
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fireplace, Off Street Parking, Storage, Cable Ready, Ceiling-9+, Detector-Smoke, Porch Covered, Rough-In Bath, Washer Hook-Up
  • Cross Street: Historical Morton Street
  • Location: Historic District
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 92.86
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 4034
  • Total Finished Sq Ft: 3200
  • Above Grade Finished Sq Ft: 3200
  • Below Grade Sq Ft: 834
  • Price Per Sq Ft: 20.31
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Laminate, Wood, Tile
  • Total Below Grade Sq Ft: 834
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 3

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Window
  • Heating Fuel: Hot Water
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

  • School District: Anderson Community
  • Elementary School: Tenth Street
  • Middle School: Highland Junior High
  • High School: Anderson
  • Elementary School: Tenth Street

Lot Info

  • Lot Description: Irregular, Level, Historic Designation, 0-2.9999
  • Lot Dimensions: 141 x 40
  • Estimated Lot Sq Ft: 5620
  • Estimated Lot Size Acres: 0.129

Rental Info

  • Lease Term: Negotiable

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1

MLS Schools

  • High School: Anderson
  • Middle School: Highland Junior High
  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Nov 15, 2022
Sold by
Wilson Majauna N
Bought by
Harter Lora B
Seller's Agent
Elizabeth Stone
NextHome Elite Real Estate
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$78,000
Sold Price
$65,000
Premium/Discount to List
-$13,000
-16.67%
Views
178
Current Estimated Value
$126,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,385
Avg. Annual Appreciation
22.03%
Original Mortgage
$52,000
Outstanding Balance
$50,645
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$59,740

Purchase Details

Closed on
Nov 11, 2021
Sold by
Franklin Brenda
Bought by
Wilson Majuana N

Purchase Details

Closed on
Oct 22, 2016
Sold by
Ondieki Samwel
Bought by
Franklin Brenda L

Purchase Details

Closed on
Oct 19, 2011
Sold by
Moore Barbara E and Estate Of Gerald E Whitton
Bought by
Ondieki Samwel and Franklin Brenda
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Harter Lora B -- --
Wilson Majuana N -- None Available
Franklin Brenda L -- --
Ondieki Samwel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harter Lora B $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $65,000 -7.1% $20 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/11/2022 09/11/22 Price Changed $70,000 -6.7% $22 / Sq Ft
08/29/2022 08/29/22 Price Changed $75,000 -3.8% $23 / Sq Ft
08/15/2022 08/15/22 For Sale $78,000 0.0% $24 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $78,000 -- $24 / Sq Ft
Source: Indiana Regional MLS

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 $802 $83,800 $9,000 $74,800
2023 $224 $76,600 $8,600 $68,000
2022 $718 $75,800 $8,200 $67,600
2021 $673 $68,600 $8,100 $60,500
2020 $1,002 $65,600 $7,700 $57,900
2019 $976 $63,900 $7,700 $56,200
2018 $592 $58,500 $7,700 $50,800
2017 $529 $58,200 $7,700 $50,500
2016 $529 $58,200 $7,700 $50,500
2014 $732 $57,600 $8,600 $49,000
2013 $732 $81,200 $8,600 $72,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202231648

Indiana Regional MLS

APN: 48-11-13-201-107.000-003