NOT LISTED FOR SALE

705 W 29th St Anderson, IN 46016

Estimated Value: $132,000 - $138,000

2 Beds
1 Bath
1,113 Sq Ft
$121/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $110,000 $99 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $888/month

1 Day on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 2-minute walk to Fairview Park

About This Home

As of January 2024

LOOKING FOR GREAT INVESTMENT PROPERTY, LOOK NO FURTHER! Nicely updated brick duplex, each side has 2 bedrooms, large living room, kitchen, and main level laundry room. Range and refrigerator included in both units.

Last Agent to Sell the Property

Michael Lawson

RE/MAX Real Estate Solutions Brokerage Email: thelawsonteam@aol.com License #RB14030214 Listed on: 12/13/2023

RE/MAX Real Estate Solutions

Last Buyer's Agent

Tim Hall

F.C. Tucker/Thompson

F.C. Tucker/Thompson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,916

Year Built

  • Built in 1951

Lot Details

  • 6,350

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Laundry on main level
  • 6,350 Sq Ft Lot

Community Details

  • Byrums Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, insurance
  • The owner pays for ins hazard, taxes
  • Tax Lot 034
  • Assessor Parcel Number 481124203038000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,916

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1951
  • Lot Size Acres: 0.15
  • On Market Date: 2023-12-13
  • Structure Type: Duplex
  • Subdivision Name: Byrums
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: thelawsonteam@aol.com
  • Multi Rooms: 5
  • Attribution Contact: thelawsonteam@aol.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Ins Hazard, Taxes

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Brick
  • Direction Faces: North
  • Foundation Details: Block
  • List Price: 129900
  • Road Access: Not Applic

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: CommSglTen
  • Lot Size Sq Ft: 6350
  • Parcel Number: 481124203038000003
  • Zoning: Residential income
  • Acres: <1/4 Acre
  • Price Acre: 733333

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities, Insurance

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1916
  • Tax Block: 0
  • Tax Lot: 034
  • Semi Annual Property Tax Amt: 958
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Aurum 2 Llc
Bought by
American International Home Investments Fund
Current Estimated Value
$134,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Outstanding Balance
$357,393
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$222,726

Purchase Details

Closed on
Feb 14, 2025
Sold by
Z & M Property Management Llc
Bought by
Aurum 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Outstanding Balance
$357,393
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$222,726

Purchase Details

Closed on
Apr 29, 2024
Sold by
Marks Micheal and Masi Mark
Bought by
Z & M Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Dec 13, 2023
Closed on
Jan 11, 2024
Sold by
Sanders Christopher D and Mcdaniel Rose S
Bought by
Marks Michael and Masi Mark
Seller's Agent
Michael Lawson
RE/MAX Real Estate Solutions
Buyer's Agent
Tim Hall
F.C. Tucker/Thompson
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%

Purchase Details

Listed on
Dec 13, 2023
Closed on
Jan 10, 2024
Sold by
Sanders Robin E
Bought by
Sanders Christopher D and Mcdaniel Rose S
Seller's Agent
Michael Lawson
RE/MAX Real Estate Solutions
Buyer's Agent
Tim Hall
F.C. Tucker/Thompson
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%
Views
16
Source: Public Records

Range of Values:

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Average Value
Not Available
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
American International Home Investments Fund -- Fidelity National Title
Aurum 2 Llc -- Fidelity National Title
Z & M Property Management Llc -- None Listed On Document
Marks Michael $110,000 Absolute Title Inc
Sanders Christopher D $110,000 Absolute Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open American International Home Investments Fund $359,200
Previous Owner Z & M Property Management Llc $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $110,000 -15.3% $99 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/13/2023 12/13/23 For Sale $129,900 -- $117 / 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 $2,085 $93,800 $9,800 $84,000
2023 $1,910 $85,400 $9,300 $76,100
2022 $1,915 $85,600 $8,800 $76,800
2021 $1,870 $83,100 $8,700 $74,400
2020 $1,796 $79,500 $8,400 $71,100
2019 $1,750 $77,400 $8,400 $69,000
2018 $1,643 $71,200 $8,400 $62,800
2017 $1,406 $70,300 $8,400 $61,900
2016 $1,406 $70,300 $8,400 $61,900
2014 $1,388 $69,400 $8,400 $61,000
2013 $1,388 $69,400 $8,400 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21956571

MIBOR Broker Listing Cooperative®

APN: 48-11-24-203-038.000-003