NOT LISTED FOR SALE

516 Central Way Anderson, IN 46011

Estimated Value: $170,000 - $271,118

3 Beds
2 Baths
1,449 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $73,000 $50 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,310/month

109 Days on Market

Highlights

  • Mature Trees
  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Shed
  • Garage

About This Home

As of July 2017

HUD HOME SOLD IN "AS-IS" CONDITION (CASE # 151-871590) 3BR/2BA RANCH IN EDGEWOOD! INTERIOR FEATURES A LIVING RM w/ FP, KITCHEN, DINING RM, OFFICE/DEN, SUN RM & LAUNDRY RM. EXTERIOR FEATURES A 2-CAR ATTACHED GARAGE, COVERED PORCH, OPEN PATIO & MINI-BARN! ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. (Equal Housing Opportunity)

Last Agent to Sell the Property

Jeffrey Cummings

RE/MAX Complete License #RB14035686 Listed on: 02/11/2017

RE/MAX Complete

Co-Listed By

William Davis

RE/MAX Complete License #3143871

Last Buyer's Agent

Michael Lawson

RE/MAX Real Estate Solutions

RE/MAX Real Estate Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $844

Year Built

  • Built in 1953

Lot Details

  • 0.34 Acre Lot
  • Mature Trees

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,449 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Driveway

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • Edgewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481109400181000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$844

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1953
  • Co List Office Phone: 317-282-0643
  • Garage Y N: Yes
  • Lot Size Acres: 0.344
  • Subdivision Name: EDGEWOOD
  • Inspection Warranties: Not Applicable
  • Property Description: HUD HOME SOLD IN "AS-IS" CONDITION (CASE # 151-871590) 3BR/2BA RANCH IN EDGEWOOD! INTERIOR FEATURES A LIVING RM w/ FP, KITCHEN, DINING RM, OFFICE/DEN, SUN RM & LAUNDRY RM. EXTERIOR FEATURES A 2-CAR ATTACHED GARAGE, COVERED PORCH, OPEN PATIO & MINI-BARN! ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. (Equal Housing Opportunity)
  • Transaction Type: Sale
  • Website: www.gotocomplete.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 1449
  • Other Equipment: Not Applicable
  • Room Count: 9
  • Areas Interior: Living Room Formal,Laundry Room Main Level,Utility Room
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1449
  • Main Level Sq Ft: 1449
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull with Shower,Main Level
  • Total Sq Ft: 1449
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: HUD-Owned
  • Exterior Features: Barn Mini, Driveway Concrete
  • Foundation Details: Crawl Space
  • List Price: 76500
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Finished Garage

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481109400181000005
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 0
  • Lot Size: 100x150

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 844
  • Semi Annual Property Tax Amt: 422
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Fai Realty Llc
Bought by
Farnan Mark Steven and Farnan Cheryl L
Current Estimated Value
$208,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$165,557
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$46,675

Purchase Details

Closed on
Mar 10, 2021
Sold by
Smith Tanner C
Bought by
Forged Alliance Inc

Purchase Details

Listed on
Feb 11, 2017
Closed on
Jul 11, 2017
Sold by
Hud
Bought by
Smith Tanner C
Seller's Agent
Jeffrey Cummings
RE/MAX Complete
Buyer's Agent
Michael Lawson
RE/MAX Real Estate Solutions
List Price
$85,000
Sold Price
$73,000
Premium/Discount to List
-$12,000
-14.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.90%
Original Mortgage
$69,350
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2016
Sold by
Carrington Mortgage Services Llc
Bought by
Hud

Purchase Details

Closed on
Nov 18, 2016
Sold by
Madison County Sheriff
Bought by
Carrington Mtg Services Llc

Purchase Details

Closed on
May 14, 2008
Sold by
Kirstein Peter R
Bought by
Fields Jared G and Fields Sherissa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,962
Interest Rate
5.93%
Mortgage Type
FHA
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
Farnan Mark Steven -- None Listed On Document
Forged Alliance Inc -- None Available
Smith Tanner C -- --
Hud -- --
Carrington Mtg Services Llc $65,250 --
Fields Jared G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farnan Mark Steven $168,750
Previous Owner Smith Tanner C $69,350
Previous Owner Fields Jared G $104,962
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $73,000 -4.6% $50 / Sq Ft
05/24/2017 05/24/17 Price Changed $76,500 -10.0% $53 / Sq Ft
05/12/2017 05/12/17 For Sale $85,000 +16.4% $59 / Sq Ft
05/11/2017 05/11/17 Off Market $73,000 -- --
04/18/2017 04/18/17 For Sale $85,000 +16.4% $59 / Sq Ft
04/18/2017 04/18/17 Off Market $73,000 -- --
02/11/2017 02/11/17 For Sale $85,000 -- $59 / 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 $2,516 $113,200 $18,900 $94,300
2023 $2,425 $108,300 $18,000 $90,300
2022 $2,428 $108,400 $17,200 $91,200
2021 $2,255 $100,100 $17,000 $83,100
2020 $998 $95,800 $16,200 $79,600
2019 $969 $93,400 $16,200 $77,200
2018 $880 $86,800 $16,200 $70,600
2017 $770 $85,900 $16,200 $69,700
2016 $850 $90,800 $16,200 $74,600
2014 $793 $91,400 $16,500 $74,900
2013 $793 $93,800 $16,500 $77,300
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Cummings

    Seller's Agent in 2017

    Jeffrey Cummings

    RE/MAX Complete

    (317) 370-4664

    75 in this area

    569 Total Sales

    Jeffrey Cummings
    Section Image
  • William Davis

    Seller Co-Listing Agent in 2017

    William Davis

    RE/MAX Complete

    (941) 735-6408

    2 in this area

    8 Total Sales

    William Davis
    Section Image

  • M

    Buyer's Agent in 2017

    Michael Lawson

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21464479

MIBOR Broker Listing Cooperative®

APN: 48-11-09-400-181.000-005

Indiana Madison County Anderson 46011

516 Central Way, Anderson, IN

This home is located at 516 Central Way, Anderson, IN 46011 since 11 February 2017 and is currently estimated at $208,280, approximately $143 per square foot. This property was built in 1953. 516 Central Way is a home located in Madison County with nearby schools including Edgewood Elementary School, Highland Middle 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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