NOT LISTED FOR SALE

504 W 7th St Anderson, IN 46016

Estimated Value: $38,000 - $60,000

2 Beds
1 Bath
864 Sq Ft
$54/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $33,000 $38 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $307/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Eat-In Kitchen
  • No HOA
  • 1 Car Detached Garage
  • 1-minute walk to Horne Park

About This Home

As of March 2024

INVESTOR ALERT!! Low priced fixer single family 2br/1ba, 1.5 story home in a residential area right in the heart of downtown Anderson. Very convenient location, walking distance to all the downtown has to offer, and minutes to the University and Casino. It is also a block from the historic district and there is a nice park across the street. With an ARV of $100k+, the property would make a great BRRRR candidate or a quick fix and flip! The handy owner occupant could also make this a nice home with cosmetic improvements. The bones appear to be solid and the exterior is in pretty decent shape, it just needs the interior redone to really shine! Sold As-Is. Property is available in a package of 6 single family homes, but all can be sold individually.

Last Agent to Sell the Property

Peter Stewart

Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 03/05/2024

Keller Williams Indpls Metro N

Last Buyer's Agent

Peter Stewart

Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 03/05/2024

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 5,184 Sq Ft Lot
  • Additional Parcels

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Covered patio or porch
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Hazeletts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481112304052000003

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1948
  • Building Area Total: 864
  • Garage Y N: Yes
  • Lot Size Acres: 0.12
  • Subdivision Name: Hazeletts
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: peter@peterstewartrealty.com
  • Attribution Contact: peter@peterstewartrealty.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 864
  • Main Level Bedrooms: 1
  • Spa Y N: No
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 576
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 288
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Partial
  • Foundation Details: Crawl Space
  • List Price: 40000
  • Patio And Porch Features: Covered Porch
  • Pool Private Y N: No
  • Property Condition: Fixer
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Sq Ft: 360

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 5184
  • Parcel Number: 481112304052000003
  • Acres: <1/4 Acre
  • Price Acre: 275000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1364
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 682

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Mar 27, 2024
Sold by
Chof Indiana Homes Llc
Bought by
Fairwind Properties Llc
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Peter Stewart
Keller Williams Indpls Metro N
List Price
$40,000
Sold Price
$33,000
Premium/Discount to List
-$7,000
-17.5%
Views
13
Current Estimated Value
$46,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,559
Avg. Annual Appreciation
3.10%

Purchase Details

Closed on
Dec 13, 2019
Sold by
Madison County Auditor
Bought by
New Horizon Indiana Housing I Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fairwind Properties Llc $33,000 Meridian Title
New Horizon Indiana Housing I Llc $4,400 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $33,000 -17.5% $38 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $40,000 -- $46 / 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 $598 $26,900 $6,400 $20,500
2023 $560 $24,900 $6,100 $18,800
2022 $547 $24,300 $5,700 $18,600
2021 $512 $22,600 $5,700 $16,900
2020 $509 $22,400 $5,400 $17,000
2019 $598 $26,300 $5,400 $20,900
2018 $571 $24,600 $5,400 $19,200
2017 $167 $24,500 $5,400 $19,100
2016 $437 $24,500 $5,400 $19,100
2014 $149 $24,800 $5,500 $19,300
2013 $149 $24,800 $5,500 $19,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21966530

MIBOR Broker Listing Cooperative®

APN: 48-11-12-304-052.000-003