NOT LISTED FOR SALE

4415 Columbus Ave Anderson, IN 46013

22 Beds
11 Baths
7,925 Sq Ft
0.69 Acres

Last Sold February 09, 2022

Last sale price $625,000 $79 Per Sq Ft

7 Days on Market

Highlights

  • 0.69 Acre Lot
  • Hot Water Heating System
  • Carpet
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of February 2022

Rare 11 units in up and coming market. All units 2 bed 1 bath. 8% Cap Rate, 7 GRM, Positive cash flow now! Many recent updates, including high efficiency heating. Financials available upon request. Sold AS IS, curb offers only.

Last Agent to Sell the Property

Melanie Cummings

Hiatt Realty Listed on: 12/10/2021

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1964

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 100x300
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 11 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 11 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • 11 Units
  • 11 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, lawn maintenance, sewer, snow removal, tax, trash collection, water
  • Assessor Parcel Number 48-12-30-204-181.000-003

Property Details

Home Type

Apartment

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1964
  • Style: Two Story
  • Bedrooms: 22
  • Total Bathrooms: 11
  • Total Full Bathrooms: 11
  • Legal Description: Hilltop Heights L 002; Hilltop Heights L 001
  • Parcel Number ID: 48-12-30-204-181.000-003
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Location: City/Town/Suburb
  • Parcel Id2: 48-12-30-204-182.000-003
  • Restrictions Yn: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 11450
  • Total Finished Sq Ft: 7925
  • Above Grade Finished Sq Ft: 7925
  • Below Grade Sq Ft: 3525
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 4400
  • Total Below Grade Sq Ft: 3525
  • Number Of Disposals: 11
  • Number Of Ranges Ovens: 11
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 11

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Gas, Forced Air, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 11

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 100x300
  • Estimated Lot Sq Ft: 30056
  • Estimated Lot Size Acres: 0.69

Rental Info

  • Owner Pays: Heating, Lawn Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 11
  • Number Of Units: 11
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 11

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2022 02/09/22 Sold $625,000 -1.6% $79 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $635,205 +41.2% $80 / Sq Ft
10/15/2018 10/15/18 Sold $450,000 -24.9% -- View Prior Sale
08/27/2018 08/27/18 Pending -- -- --
06/13/2018 06/13/18 Price Changed $599,000 -7.7% --
05/03/2018 05/03/18 For Sale $649,000 -- --
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Melanie Cummings

    Hiatt Realty

    Section Image

  • N

    Seller's Agent in 2018

    Nicole Ross

    Dropped Members

    Section Image

  • N

    Buyer's Agent in 2018

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202150727

Indiana Regional MLS
Indiana Madison County Anderson 46013

4415 Columbus Ave, Anderson, IN

Not Listed for Sale

MultiFamily

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