NOT LISTED FOR SALE

502 W 7th St Anderson, IN 46016

Estimated Value: $76,000 - $95,000

3 Beds
1 Bath
1,144 Sq Ft
$77/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $5,000 $4 Per Sq Ft

Est. 1,652% increase in value since last sale

Current estimated payment $511/month

108 Days on Market

Highlights

  • 1-Story Property
  • Garage
  • 1-minute walk to Horne Park

About This Home

As of March 2017

Great Investment Opportunity! Single family home 3 bedroom 1 bath 1 car detached garage. Close to amenities and shopping

Last Listed By

Paul Starr

Starr Real Estate, Inc. Listed on: 06/30/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Attic Access Panel

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 481112304051000003

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1929
  • Garage Y N: Yes
  • Lot Size Acres: 0.12
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Great Investment Opportunity! Single family home 3 bedroom 1 bath 1 car detached garage. Close to amenities and shopping
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Full
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Living Area: 1144
  • Other Equipment: Not Applicable
  • Room Count: 3
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1144
  • Main Level Sq Ft: 1144
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1144
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 8500
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: No Fuel Source
  • Garage Parking Description: 1 Car Detached
  • Num Parking Spaces: 1

Utilities

  • Sewer: Other
  • Cooling: None
  • Heating: None
  • Water Source: See Remarks
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481112304051000003
  • Acres: <1/4 Acre
  • Lot Number: 008
  • Lot Size: .12

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 150
  • Semi Annual Property Tax Amt: 75
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Am Project Group Llc
Bought by
Piva Alejandro Armando Orti
Total Days on Market
108
Current Estimated Value
$87,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Outstanding Balance
$96,062
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
-$8,478

Purchase Details

Closed on
May 11, 2023
Sold by
Sol Eduardo
Bought by
Am Project Group Llc

Purchase Details

Closed on
May 8, 2019
Sold by
Humes Russell and Humes Jackie
Bought by
Sol Eduardo

Purchase Details

Listed on
Jun 30, 2016
Closed on
Mar 22, 2017
Sold by
Reo Logic-Holdings Llc
Bought by
Humes Humes
Seller's Agent
Paul Starr
Starr Real Estate, Inc.
Buyer's Agent
Paul Starr
Starr Real Estate, Inc.
List Price
$8,500
Sold Price
$5,000
Premium/Discount to List
-$3,500
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.09%

Purchase Details

Listed on
Jun 30, 2016
Closed on
Mar 21, 2017
Sold by
Reo Logic Indiana Holdings Llc
Bought by
Humes Russell L and Humes Jackie Y
Seller's Agent
Paul Starr
Starr Real Estate, Inc.
Buyer's Agent
Paul Starr
Starr Real Estate, Inc.
List Price
$8,500
Sold Price
$5,000
Premium/Discount to List
-$3,500
-41.18%

Purchase Details

Closed on
Aug 5, 2015
Sold by
U S Bank
Bought by
Reo Logic Indiana Holdings Llc

Purchase Details

Closed on
May 7, 2015
Sold by
Madison County Auditor
Bought by
Us Bank

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
Piva Alejandro Armando Orti $100,000 Eagle Land Title
Am Project Group Llc $21,000 Eagle Land Title
Sol Eduardo $15,000 None Available
Humes Humes $5,000 --
Humes Russell L -- --
Reo Logic Indiana Holdings Llc -- --
Us Bank $439 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piva Alejandro Armando Orti $97,000
Previous Owner Mccormack Mark A $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $5,000 -41.2% $4 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $8,500 -- $7 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $300 $28,400 $6,400 $22,000
2023 $586 $26,200 $6,100 $20,100
2022 $573 $25,600 $5,700 $19,900
2021 $671 $29,800 $5,700 $24,100
2020 $639 $28,300 $5,400 $22,900
2019 $570 $25,200 $5,400 $19,800
2018 $542 $23,500 $5,400 $18,100
2017 $464 $23,200 $5,400 $17,800
2016 $144 $23,300 $5,400 $17,900
2014 $133 $23,400 $5,500 $17,900
2013 $133 $23,400 $5,500 $17,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21427440

MIBOR Broker Listing Cooperative®

APN: 48-11-12-304-051.000-003