NOT LISTED FOR SALE

4697 State Road 32 E Anderson, IN 46017

11 Beds
10 Baths
6,480 Sq Ft
1 Acres

Last Sold June 29, 2016

Last sale price $199,000 $31 Per Sq Ft

93 Days on Market

Highlights

  • 1 Acre Lot
  • Laundry closet
  • Level Lot
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of June 2016

FIVE UNIT TOWNHOUSE WITH GOOD RENTAL RECORD. RENT IS CURRENTLY $3200 WITH TENANTS PAYING UTILITIES. 4 of 5 units have been updated in the last year (only one not done has had same tenant for many years and repairs have been done as needed).The Property consists of 1 parcel of land, totaling approx. 1.00 acre. The improvements consist of a five-unit two story multi-family structure. Four of the units are two bedrooms with a full bath and a half bath consisting of 1,170 square feet of living area. The fifth unit has three bedrooms and two full baths consisting of 1,800 square feet of living area. Each unit has a washer/dryer hookup. Each unit separately metered with own furnace and a/c. Partial basement/Partial crawl space. Storage building of approx. 20' X 30' with electric. Water softener is rented by sellers; Best Way removes the trash; Seller pays electric for the basement, outside light in the front and storage building in back. Pictures were taken by sellers when remodeled, but all units are rented and have good rent records. Property is an acre and has well and septic.

Last Listed By

Sharon Strahan

RE/MAX Real Estate Groups Listed on: 03/13/2016

RE/MAX Real Estate Groups

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,459

Year Built

  • Built in 1976

Lot Details

  • 1 Acre Lot
  • Property fronts a state road
  • Level Lot
  • Irregular Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 11 Bedrooms

Laundry

  • Laundry closet
  • Washer Hookup

Parking

  • 12 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Patio
  • Outbuilding

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for building insurance, maintenance, tax, water softener
  • Assessor Parcel Number 481211100007000033

Community Details

Overview

  • 5 Units

Pet Policy

  • Pet Restriction

Building Details

  • 5 Separate Electric Meters
  • Electric Expense $300
  • Insurance Expense $1,491
  • Maintenance Expense $1,200

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,459

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1976
  • Age: 40
  • Style: Two Story
  • Bedrooms: 11
  • Number Above Grade Bedrooms: 11
  • Total Bathrooms: 10
  • Total Full Bathrooms: 6
  • Total Number of Half Bathrooms: 4
  • Legal Description: PT NE SECT 11-19-8 |
  • Parcel Number ID: 481211100007000033
  • Platted: Yes
  • Amenities: Basement, Fireplace, Cable Ready, Deck Open, Patio Open, Water Heater Electric, Water Softener-Rented, Washer Hook-Up
  • Location: City/Town/Suburb
  • Road Access: State
  • Road Surface: Paved
  • Sp Lp Percent: 88.44
  • Annual Miscellaneous: 1261.08
  • Monthly Gross Income: 3200
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 7980
  • Total Finished Sq Ft: 6480
  • Above Grade Finished Sq Ft: 6480
  • Below Grade Sq Ft: 1500
  • Price Per Sq Ft: 30.71
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Poured Concrete
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 1500
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 2
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 600

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 12
  • Parking: Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Well Type: Private
  • Annual Electric: 299.76
  • Annual Insurance Expense: 1491
  • Annual Maintenance Expense: 1200
  • Number Electric Meters: 5
  • Number Of W D Hookups: 5

Condo/Co-op/Association

  • Pet Restrictions: Yes

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
  • Lot Dimensions: x
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax, Water Softener
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 3200
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Num Of2 Bedrooms: 4
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 3459

MLS Schools

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

Range of Values:

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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 Change Sq Ft Price
06/29/2016 06/29/16 Sold $199,000 -11.6% $31 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
03/13/2016 03/13/16 For Sale $225,000 -- $35 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sharon Strahan

    Seller's Agent in 2016

    Sharon Strahan

    RE/MAX

    (765) 760-1238

    Section Image
  • Paul Faddis

    Buyer's Agent in 2016

    Paul Faddis

    Tarter Realty Auction and Appraisal Company

    (765) 994-8533

    386 Total Sales

    Paul Faddis
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201610014

Indiana Regional MLS

Indiana Madison County Anderson 46017

4697 State Road 32 E, Anderson, IN

Homes for Sale in Anderson, IN

This home is located at 4697 State Road 32 E, Anderson, IN 46017 since 13 March 2016. This property was built in 1976. 4697 State Road 32 E is a home located in Madison County with nearby schools including Tenth Street Elementary School, Highland Junior High School, and Anderson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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