NOT LISTED FOR SALE

514 Ruddle Ave Anderson, IN 46012

Estimated Value: $48,000 - $69,596

3 Beds
1 Bath
1,149 Sq Ft
$50/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $50,000 $44 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $357/month

12 Days on Market

Highlights

  • Mature Trees
  • Wood Flooring
  • Formal Dining Room
  • Traditional Architecture
  • No HOA
  • 5-minute walk to Athletic Park

About This Home

As of September 2024

Attention investors and home flippers: Searching for your next project? This is it! Prepare to dive in and unlock the potential of this property. The virtually staged images offer a glimpse of its potential, highlighting how this hidden gem can truly shine. Positioned between Anderson University and the W 8th Historic District, the neighborhood is seeing significant rises in home values as properties are upgraded and bring premium prices. This property offers a spacious layout with great renovation potential. As you enter the home, you'll be greeted by a large Covered Porch with knotty pine that could become a relaxing sitting area. The spacious Living Room, positioned in the heart of the home, has original hardwood floors and exquisite trim and molding that highlight its original charm. This property features 3 nice-sized Bedrooms, each boasting hardwood flooring beneath the current carpeting, offering warmth and the potential for a stylish update. The Bonus room can be transformed into an Office, Playroom, or Fourth bedroom. The galley Kitchen comes equipped with a refrigerator and gas oven/range. The Formal Dining Room is spacious and provides the perfect space for entertaining guests or enjoying family meals. The Backyard is accessible via an alley and offers off-street parking. There's a new water heater, and recent repairs to the sewer line have been completed. This home requires significant renovations, but once updated, it could offer an excellent return on investment. Don't miss out on this opportunity to transform this fixer-upper.

Last Agent to Sell the Property

Kevin Majeski

Carpenter, REALTORS® Brokerage Email: kevin@kevinmajeski.com License #RB15000010 Listed on: 08/16/2024

Carpenter, REALTORS®

Last Buyer's Agent

Stuart Houghton

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1950

Lot Details

  • 7,688 Sq Ft Lot
  • Mature Trees

Parking

  • Alley Access

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,149 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wood Frame Window
  • Formal Dining Room
  • Attic Access Panel
  • Unfinished Basement

Kitchen

  • Galley Kitchen
  • Gas Oven

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Highland Middle School
  • Anderson Intermediate School
  • Anderson High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • J M Ruddells Subdivision

Listing and Financial Details

  • Legal Lot and Block 066 / 07
  • Assessor Parcel Number 481207302025000003
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$606

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1950
  • Building Area Total: 2218
  • Garage Y N: No
  • Lot Size Acres: 0.18
  • Subdivision Name: J M Ruddells
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: kevin@kevinmajeski.com
  • Attribution Contact: kevin@kevinmajeski.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Hardwood Floors, Windows Wood, WoodWorkStain/Painted
  • Living Area: 1149
  • Main Level Bedrooms: 3
  • Areas Interior: Laundry in Unit,Living Room Formal,Utility Room
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1149
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Galley
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Direction Faces: West
  • Foundation Details: Block
  • List Price: 64900
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: Alley Access, Gravel
  • Garage Sq Ft: 0

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Connections All, Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Highland Middle School
  • MBR_IntermediateSchool: Anderson Intermediate School

Lot Info

  • Lot Features: Curbs, Sidewalks, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 7688
  • Parcel Number: 481207302025000003
  • Acres: <1/4 Acre
  • Price Acre: 277778

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 606
  • Tax Block: 07
  • Tax Lot: 066
  • Semi Annual Property Tax Amt: 303
  • Tax Exemption: None

MLS Schools

  • High School: Anderson High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
Just Family Properties Llc
Bought by
Shilo Ben-Moshe
Current Estimated Value
$57,149

Purchase Details

Listed on
Aug 16, 2024
Closed on
Sep 6, 2024
Sold by
Lyon Peter
Bought by
Just Family Properties Llc
Seller's Agent
Kevin Majeski
Carpenter, REALTORS®
Buyer's Agent
Stuart Houghton
Keller Williams Indy Metro S
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.04%

Purchase Details

Closed on
Aug 2, 2016
Sold by
Worthen Timothy J and Worthen Alexander T
Bought by
Lyon Peter

Purchase Details

Closed on
Dec 29, 2005
Sold by
Worthen Tim
Bought by
Lyon Peter J and Worthen Alexander T

Purchase Details

Closed on
Dec 28, 2005
Sold by
American General Financial Services Inc
Bought by
Worthen Tim

Purchase Details

Closed on
Jun 10, 2005
Sold by
Carr Robert and Carr Jonell
Bought by
American General Financial Services Inc
Source: Public Records

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
Shilo Ben-Moshe -- None Listed On Document
Ben-Moshe Shilo -- None Listed On Document
Just Family Properties Llc $50,000 Absolute Title Inc
Lyon Peter -- --
Lyon Peter J -- --
Worthen Tim -- --
American General Financial Services Inc $132,740 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold $50,000 -23.0% $44 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/23/2024 08/23/24 Price Changed $64,900 -7.3% $56 / Sq Ft
08/16/2024 08/16/24 For Sale $70,000 -- $61 / 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 $653 $29,400 $8,600 $20,800
2023 $606 $27,100 $8,300 $18,800
2022 $595 $26,600 $7,800 $18,800
2021 $556 $24,700 $7,700 $17,000
2020 $535 $23,700 $7,400 $16,300
2019 $525 $23,200 $7,400 $15,800
2018 $572 $24,800 $7,400 $17,400
2017 $490 $24,500 $7,400 $17,100
2016 $498 $24,900 $7,600 $17,300
2014 $590 $29,200 $7,900 $21,300
2013 $590 $29,200 $7,900 $21,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21996285

MIBOR Broker Listing Cooperative®

APN: 48-12-07-302-025.000-003