NOT LISTED FOR SALE

507 Ruddle Ave Anderson, IN 46012

Estimated Value: $129,000 - $165,079

2 Beds
2 Baths
750 Sq Ft
$199/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $109,000 $145 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,033/month

92 Days on Market

About This Home

As of January 2021

This well maintained and updated brick ranch duplex near on a lightly travelled street is a turnkey investment! It has been completely modernized and renovated on the interior. Each unit has 2 bedrooms, 1 bath unit with private entries. featuring large great room, private patio ,and landscaped yard. Recent updates include modern flooring, new carpeting, and fresh paint. Both units currently rented. This property won't last long!

Last Listed By

Jeff Weightman

Weightman Realty Group, LLC License #RB14041279 Listed on: 10/06/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,854

Year Built

  • Built in 1965

Lot Details

  • 7,688 Sq Ft Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Community Details

  • J M Ruddells Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for lawncare, sewer, water
  • Assessor Parcel Number 481207302036000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,854

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1965
  • Lot Size Acres: 0.1765
  • Structure Type: Apartment Complex, Duplex
  • Subdivision Name: J M RUDDELLS
  • Inspection Warranties: Not Applicable
  • Property Description: This well maintained and updated brick ranch duplex near on a lightly travelled street is a turnkey investment! It has been completely modernized and renovated on the interior. Each unit has 2 bedrooms, 1 bath unit with private entries. featuring large great room, private patio ,and landscaped yard. Recent updates include modern flooring, new carpeting, and fresh paint. Both units currently rented. This property won't last long!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Lawncare, Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 109000

Garage/Parking

  • Unit Parking: 1 Car Space
  • Auto Surface: parking pad

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 3447

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481207302036000003
  • Acres: <1/4 Acre
  • Lot Information: Access Alley
  • Lot Number: 092
  • Lot Size: 7,688

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1854
  • Semi Annual Property Tax Amt: 927
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community
  • Schools: Anderson High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Jan 29, 2021
Sold by
Waw Group Llc
Bought by
Banana Properties Llc
Seller's Agent
Jeff Weightman
Weightman Realty Group, LLC
Buyer's Agent
Madalynne Stanton
Jably's Property Mgmt & Real E
List Price
$119,900
Sold Price
$109,000
Premium/Discount to List
-$10,900
-9.09%
Total Days on Market
92
Current Estimated Value
$149,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,020
Avg. Annual Appreciation
7.51%

Purchase Details

Closed on
Sep 9, 2016
Sold by
Ctp Investments Llc
Bought by
Waw Group Llc

Purchase Details

Closed on
Dec 20, 2012
Sold by
Pierce San and Pierce Properties
Bought by
Ctp Investments Llc

Purchase Details

Closed on
Dec 5, 2011
Sold by
Fannie Mae
Bought by
Sam Pierce and Pierce Properties

Purchase Details

Closed on
Oct 7, 2011
Sold by
Clay Terry
Bought by
Federal National Mortgage Association and Fannie Mae

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
Banana Properties Llc -- None Available
Waw Group Llc -- --
Ctp Investments Llc -- None Available
Sam Pierce -- None Available
Federal National Mortgage Association $65,335 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waw Group Llc $680,000
Previous Owner Britt Terry O $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $109,000 0.0% $145 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
12/16/2020 12/16/20 Price Changed $109,000 -6.0% $145 / Sq Ft
12/02/2020 12/02/20 Price Changed $115,900 -3.3% $155 / Sq Ft
11/27/2020 11/27/20 For Sale $119,900 0.0% $160 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $119,900 -- $160 / 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 $2,393 $107,700 $8,600 $99,100
2023 $2,200 $98,300 $8,300 $90,000
2022 $2,187 $97,700 $7,800 $89,900
2021 $1,932 $85,800 $7,700 $78,100
2020 $1,901 $84,100 $7,400 $76,700
2019 $1,853 $81,900 $7,400 $74,500
2018 $1,718 $74,400 $7,600 $66,800
2017 $1,489 $74,400 $7,600 $66,800
2016 $1,489 $85,300 $7,600 $77,700
2014 $1,790 $89,300 $7,900 $81,400
2013 $1,790 $89,300 $7,900 $81,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21744496

MIBOR Broker Listing Cooperative®

APN: 48-12-07-302-036.000-003