702 W 5th St Anderson, IN 46016
--
Bed
--
Bath
2,000
Sq Ft
5,759
Sq Ft Lot
Highlights
- Traditional Architecture
- Corner Lot
- 3-minute walk to Horne Park
About This Home
As of January 2023This conveniently located 4 unit property has historically rented for $500 per unit with the tenants paying their own utilities. The seller pays water and sewer. It is located on a corner lot with parking behind the building off the alley. Potential for great ROI!
Last Agent to Sell the Property
Jeff Weightman
Weightman Realty Group, LLC Listed on: 07/22/2022
Last Buyer's Agent
Jeff Weightman
Weightman Realty Group, LLC Listed on: 07/22/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $656
Year Built
- Built in 1905
Lot Details
- 5,759 Sq Ft Lot
- Corner Lot
Home Design
- Quadruplex
- Traditional Architecture
- Block Foundation
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
Community Details
- Howards Subdivision
- No Laundry Facilities
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for ins hazard, insurance, lawncare
- Tax Lot 13
- Assessor Parcel Number 481112302219000003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2022
Closed on
Jan 10, 2023
Sold by
Chen Li Feng
Bought by
Amamathanderson Llc
Seller's Agent
Jeff Weightman
Weightman Realty Group, LLC
Buyer's Agent
Jeff Weightman
Weightman Realty Group, LLC
List Price
$120,000
Sold Price
$75,000
Premium/Discount to List
-$45,000
-37.5%
Views
136
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,019
Avg. Annual Appreciation
15.28%
Original Mortgage
$86,680
Interest Rate
6.33%
Mortgage Type
Construction
Purchase Details
Listed on
Mar 9, 2016
Closed on
Sep 8, 2016
Sold by
M Jewell Llc
Bought by
Chen Li Feng
Seller's Agent
Michael Lawson
RE/MAX Real Estate Solutions
Buyer's Agent
Jeff Weightman
Weightman Realty Group, LLC
List Price
$48,500
Sold Price
$35,500
Premium/Discount to List
-$13,000
-26.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Purchase Details
Closed on
Sep 26, 2013
Sold by
Madison County Auditor
Bought by
M Jewell Llc
Purchase Details
Closed on
Jul 25, 2011
Sold by
Seleyman Mark
Bought by
Jones Ora
Purchase Details
Closed on
Jul 14, 2009
Sold by
Deutsche Bank National Trust Co
Bought by
Seleyman Mark and Seleyman Kelly
Purchase Details
Closed on
Feb 13, 2009
Sold by
Bontrager Alan L
Bought by
Deutsche Bank National Trust Co
Purchase Details
Closed on
Oct 4, 2005
Sold by
Keesling Jack R
Bought by
Bontrager Alan L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $75,000 | Absolute Title Inc | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Sheriffs Deed | -- | -- | |
| Warranty Deed | $500 | -- | |
| Special Warranty Deed | -- | -- | |
| Sheriffs Deed | $28,000 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $112,700 | Credit Line Revolving | |
| Closed | $86,680 | Construction | |
| Previous Owner | $56,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $14,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2023 01/10/23 | Sold | $75,000 | -37.5% | $38 / Sq Ft |
| 11/10/2022 11/10/22 | Pending | -- | -- | -- |
| 10/29/2022 10/29/22 | For Sale | $120,000 | 0.0% | $60 / Sq Ft |
| 10/20/2022 10/20/22 | Pending | -- | -- | -- |
| 10/15/2022 10/15/22 | For Sale | $120,000 | 0.0% | $60 / Sq Ft |
| 09/24/2022 09/24/22 | Pending | -- | -- | -- |
| 08/25/2022 08/25/22 | For Sale | $120,000 | 0.0% | $60 / Sq Ft |
| 07/25/2022 07/25/22 | Pending | -- | -- | -- |
| 07/22/2022 07/22/22 | For Sale | $120,000 | +238.0% | $60 / Sq Ft |
| 09/08/2016 09/08/16 | Sold | $35,500 | -19.1% | $18 / Sq Ft |
| 08/29/2016 08/29/16 | Pending | -- | -- | -- |
| 03/30/2016 03/30/16 | Price Changed | $43,900 | -9.5% | $22 / Sq Ft |
| 03/09/2016 03/09/16 | For Sale | $48,500 | -- | $24 / 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 | $1,462 | $65,800 | $6,200 | $59,600 |
| 2023 | $1,100 | $60,000 | $6,000 | $54,000 |
| 2022 | $1,106 | $60,200 | $5,700 | $54,500 |
| 2021 | $683 | $37,000 | $5,600 | $31,400 |
| 2020 | $656 | $35,400 | $5,400 | $30,000 |
| 2019 | $968 | $34,500 | $5,400 | $29,100 |
| 2018 | $942 | $31,600 | $5,400 | $26,200 |
| 2017 | $314 | $31,400 | $5,400 | $26,000 |
| 2016 | $299 | $29,900 | $5,400 | $24,500 |
| 2014 | $1,120 | $56,000 | $6,000 | $50,000 |
| 2013 | $1,120 | $56,000 | $6,000 | $50,000 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2023
Jeff Weightman
Weightman Realty Group, LLC
-
Michael Lawson
Seller's Agent in 2016
Michael Lawson
RE/MAX Real Estate Solutions
(765) 606-0559
36 in this area
93 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21873050
APN: 48-11-12-302-219.000-003
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