NOT LISTED FOR SALE

607 Chestnut St Anderson, IN 46012

Estimated Value: $199,000 - $238,000

5 Beds
3 Baths
948 Sq Ft
$238/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2025

Last sale price $230,000 $243 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,407 / mo

15 Days on Market

Highlights

  • View of Trees or Woods
  • Balcony
  • Fire Pit
  • Traditional Architecture
  • Laundry Room
  • Outdoor Gas Grill

About This Home

As of September 2025

Come see this fully occupied triplex, just blocks away from Anderson University campus. There is a history of consistent rental income, and consistent upkeep overtime. The property has close proximity to tons of amenities, major retailers, shops, downtown Anderson, and is just minutes from Mounds State & Shadyside Memorial Parks. The backyard is perfect for relaxing in the evenings or enjoying a bonfire with friends and family. Recent improvements and maintenance include: two new water heaters, installation of additional electrical panel, remodeling of both front & back decks, adding additional laundry room for ADU, new paint & landscaping. Two of the three units have longterm tenants in place through Spring of 2026. The other is month to month. If you're looking for a new investment in a great location - schedule a private tour today!

Last Agent to Sell the Property

Matthew Wehner

Gardner Property Group License #RB20001938 Listed on: 08/05/2025

Last Buyer's Agent

Karina Oertel

eXp Realty, LLC License #RB23000127

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,462

Year Built

  • Built in 1941

Lot Details

  • 7,750 Sq Ft Lot
  • Additional Parcels

Home Design

  • Triplex
  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 2.5-Story Property
  • Views of Woods
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Apartment Living Space in Basement
  • Laundry in Basement

Outdoor Features

  • Balcony
  • Fire Pit
  • Outdoor Gas Grill

Schools

  • Highland Middle School
  • Anderson Intermediate School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • Walnut Park Subdivision

Listing and Financial Details

  • Tenant pays for no utilities
  • The owner pays for all utilities
  • Assessor Parcel Number 481207301027000003
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,462

Year Built

Built in 1941

Lot Details

7,750 Sq Ft Lot

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1941
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Triplex
  • Subdivision Name: Walnut Park
  • Transaction Type: Sale
  • Website: https://listings.indianaskypics.com/sites/607-chestnut-st-anderson-in-46012-18051110/branded
  • Conversion: No
  • Multi Rooms: 12
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Apartment, Partially Finished
  • Levels: Two and a Half
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Owner Pays: All Utilities

Exterior Features

  • Roof: Asphalt
  • Direction Faces: East
  • Exterior Features: Balcony, Gas Grill, Fire Pit
  • Foundation Details: Block
  • View: Trees/Woods
  • View Y N: Yes
  • Road Access: Frontage Road

Garage/Parking

  • Parking Features: Asphalt
  • Unit Parking: On Street,Paved Area

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air
  • Laundry Features: Laundry Room, In Basement
  • Solid Waste: Yes

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Size Sq Ft: 7750
  • Parcel Number: 481207301027000003
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: No Utilities

Tax Info

  • Tax Annual Amount: 2462
  • Tax Lot: NA
  • Semi Annual Property Tax Amt: 1231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2025
Closed on
Sep 29, 2025
Sold by
Mcclain Andrea L and Mcclain Richard S
Bought by
Hussein Sharook
Seller's Agent
Matthew Wehner
Gardner Property Group
Buyer's Agent
Karina Oertel
eXp Realty, LLC
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%
Views
21
Current Estimated Value
$225,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,787
Avg. Annual Appreciation
-3.39%
Original Mortgage
$218,500
Outstanding Balance
$218,500
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$6,713

Purchase Details

Closed on
Aug 10, 2018
Sold by
Poore Family Trust
Bought by
Mcclain Richard S and Mcclain Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2014
Sold by
Poore Ridley E
Bought by
Poore Trust
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Hussein Sharook -- Rowland Title
Mcclain Richard S -- None Available
Poore Trust -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Hussein Sharook $218,500
Previous Owner Mcclain Richard S $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2025 09/29/25 Sold $230,000 -4.2% $243 / Sq Ft
08/20/2025 08/20/25 Pending -- -- --
08/05/2025 08/05/25 For Sale $240,000 -- $253 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $2,462 $107,300 $8,600 $98,700
2024 $2,462 $110,800 $8,600 $102,200
2023 $2,259 $101,000 $8,300 $92,700
2022 $2,248 $100,500 $7,800 $92,700
2021 $2,069 $91,800 $7,700 $84,100
2020 $2,009 $88,800 $7,400 $81,400
2019 $1,959 $86,500 $7,400 $79,100
2018 $1,886 $81,600 $7,000 $74,600
2017 $1,619 $80,800 $7,000 $73,800
2016 $1,641 $81,900 $7,200 $74,700
2014 $1,714 $85,700 $7,500 $78,200
2013 $1,714 $85,700 $7,500 $78,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22054306

MIBOR Broker Listing Cooperative®

APN: 48-12-07-301-027.000-003

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