516 Central Way Anderson, IN 46011
Estimated Value: $171,000 - $266,927
3
Beds
2
Baths
1,449
Sq Ft
$146/Sq Ft
Est. Value
Highlights
- Mature Trees
- Formal Dining Room
- Forced Air Heating and Cooling System
- Ranch Style House
- Shed
- Garage
About This Home
As of July 2017HUD 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
RE/MAX Complete License #RB14035686 Listed on: 02/11/2017
Last Buyer's Agent
Michael Lawson
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
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
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
$44,446
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
14.23%
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
Similar Homes in Anderson, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
78 in this area
583 Total Sales
-
William Davis
Seller Co-Listing Agent in 2017
William Davis
RE/MAX Complete
(941) 735-6408
2 in this area
7 Total Sales
-
Buyer's Agent in 2017
Michael Lawson
RE/MAX
(765) 606-0559
35 in this area
94 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: MBR21464479
APN: 48-11-09-400-181.000-005
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.
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.
Nearby Homes
- 216 Golf Club Rd
- 930 Charlene Ln
- 4232 Linden Ln
- 208 Donnelly Dr
- 105 Golf Club Rd
- 3629 Woodglen Way
- 3636 Woodglen Way
- 3537 Woodglen Way
- 3714 Timberview Ct
- 3405 W 8th Street Rd
- 3917 Knoll Wood Ln
- 0 Knollwood Ln Unit MBR21991639
- 3230 Meadowcrest Dr
- 1637 Orchard Ln
- W W 8th St
- 1628 Edgewood Dr
- 3526 Westfield Dr
- 3128 W 12th St
- 1613 Park Rd
- 3121 W 13th St
- 516 Central Way
- 524 Central Way
- 508 Central Way
- 525 Pershing Dr
- 533 Pershing Dr
- 517 Pershing Dr
- 608 Central Way
- 609 Pershing Dr
- 517 Central Way
- 509 Pershing Dr
- 616 Central Way
- 609 Central Way
- 539 Davis Dr
- 509 Central Way
- 617 Pershing Dr
- 512 Pershing Dr
- 612 Pershing Dr
- 623 Central Way
- 624 Central Way
- 531 Davis Dr