$16,900
SOLD AUG 10, 2016

627 E 31st St Anderson, IN 46016

2 Beds
1 Bath
948 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

6% Below List Price

77 Days on Market

Highlights

  • Covered patio or porch
  • 1-Story Property
  • Garage
  • Storm Windows
  • Forced Air Heating System

About This Home

As of April 2018

Investment opportunity! Current tenants have been there over 5 years at $500 / month. GOI $6000, NOI $4886, CAP RATE 27%.

Last Agent to Sell the Property

Rob Rice

Listed on: 05/03/2016

Last Buyer's Agent

Clay Burris

Highgarden Real Estate

Highgarden Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1909

Parking

  • Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 948 Sq Ft Home
  • 1-Story Property
  • Attic Access Panel
  • Storm Windows

Kitchen

  • Gas Oven
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • 4,792 Sq Ft Lot

Community Details

  • Lincoln Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481219203118000003

Home Details

Home Type

Single Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1909
  • Garage Y N: Yes
  • Lot Size Acres: 0.11
  • Subdivision Name: LINCOLN PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Investment opportunity! Current tenants have been there over 5 years at $500 / month. GOI $6000, NOI $4886, CAP RATE 27%.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Oven, Range Hood, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Storms Complete
  • Living Area: 948
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Areas Interior: Bath Jack-n-Jill,Laundry Room Main Level
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 948
  • Main Level Sq Ft: 948
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 948
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 16900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481219203118000003
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: L001
  • Lot Size: 36x135

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 688
  • Semi Annual Property Tax Amt: 344
  • Tax Exemption: None
  • Multiple Tax I D: 1859710

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Apr 18, 2018
Sold by
Jon Lasso
Bought by
Slemp
Seller's Agent
Alex Bare
Berkshire Hathaway Home
Buyer's Agent
Alex Bare
Berkshire Hathaway Home
List Price
$19,900
Sold Price
$15,000
Premium/Discount to List
-$4,900
-24.62%
Current Estimated Value
$76,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,384
Avg. Annual Appreciation
25.40%

Purchase Details

Listed on
Apr 2, 2018
Closed on
Apr 12, 2018
Sold by
Lasso Jon
Bought by
Slemp James C and Shockley Doris L
Seller's Agent
Alex Bare
Berkshire Hathaway Home
Buyer's Agent
Alex Bare
Berkshire Hathaway Home
List Price
$19,900
Sold Price
$15,000
Premium/Discount to List
-$4,900
-24.62%

Purchase Details

Listed on
May 3, 2016
Closed on
Aug 10, 2016
Sold by
Rde Enterprises Llc
Bought by
Lasso Jon
Seller's Agent
Rob Rice
Buyer's Agent
Clay Burris
Highgarden Real Estate
List Price
$17,900
Sold Price
$16,900
Premium/Discount to List
-$1,000
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.81%

Purchase Details

Closed on
Mar 23, 2009
Sold by
Wells Fargo Bank Na
Bought by
Rice Robert L

Purchase Details

Closed on
Nov 14, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 21, 2005
Sold by
Wooten Martha J
Bought by
Sturm Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $15,000 --
Deed -- None Available
Warranty Deed -- --
Special Warranty Deed $11,900 --
Limited Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $54,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2018 04/18/18 Sold $15,000 -24.6% $16 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $19,900 +17.8% $21 / Sq Ft
08/10/2016 08/10/16 Sold $16,900 0.0% $18 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/15/2016 07/15/16 Price Changed $16,900 -5.6% $18 / Sq Ft
07/01/2016 07/01/16 Price Changed $17,900 +5.9% $19 / Sq Ft
06/16/2016 06/16/16 Price Changed $16,900 -5.6% $18 / Sq Ft
05/03/2016 05/03/16 For Sale $17,900 -- $19 / 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 $769 $34,600 $9,500 $25,100
2023 $714 $31,900 $9,100 $22,800
2022 $705 $31,500 $8,700 $22,800
2021 $657 $29,200 $8,600 $20,600
2020 $633 $28,000 $8,200 $19,800
2019 $620 $27,400 $8,200 $19,200
2018 $660 $28,600 $8,200 $20,400
2017 $648 $32,400 $8,200 $24,200
2016 $668 $33,400 $8,200 $25,200
2014 $678 $33,900 $8,200 $25,700
2013 $678 $33,900 $8,200 $25,700
Source: Public Records

Agents Affiliated with this Home

  • Alex Bare

    Seller's Agent in 2018

    Alex Bare

    Berkshire Hathaway Home

    (812) 530-0356

    77 Total Sales

    Section Image

  • R

    Seller's Agent in 2016

    Rob Rice

  • C

    Buyer's Agent in 2016

    Clay Burris

    Highgarden Real Estate

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21415248

MIBOR Broker Listing Cooperative®

APN: 48-12-19-203-118.000-003

Indiana Madison County Anderson 46016

627 E 31st St, Anderson, IN

This home is located at 627 E 31st St, Anderson, IN 46016 and is currently priced at $16,900, approximately $17 per square foot. This property was built in 1909. 627 E 31st St is a home located in Madison County with nearby schools including Erskine Elementary School, Highland Junior High 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.

Nearby Homes