NOT LISTED FOR SALE

711 University Blvd Anderson, IN 46012

Estimated Value: $91,000 - $140,000

2 Beds
2 Baths
416 Sq Ft
$289/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $100,000 $240 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $814/month

32 Days on Market

About This Home

As of December 2020

Investment Opportunity! This property is a 4 unit multi-famly 1 block from Anderson University. All units are currently leased. Over $1,600 in combined gross monthly rent and yearly gross income of $19,284. Each unit comes with a refrigerator and stove/oven.

Last Agent to Sell the Property

Justin Puckett

Keller Williams Indy Metro NE License #RB14041687 Listed on: 09/23/2020

Keller Williams Indy Metro NE

Co-Listed By

Taylor Puckett

Keller Williams Indy Metro NE License #RB14039833

Last Buyer's Agent

Kristen Yazel

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,676

Year Built

  • Built in 1951

Lot Details

  • 2,818 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space

Community Details

  • Ruddell Heights Subdivision

Listing and Financial Details

  • Tenant pays for electricity gas trash collection
  • The owner pays for taxes sewer water
  • Assessor Parcel Number 481207302097000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,676

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1951
  • Co List Office Phone: 765-644-3341
  • Lot Size Acres: 0.0647
  • Road Frontage Type: FrontageRd
  • Road Surface Type: Asphalt
  • Structure Type: Quadruplex
  • Subdivision Name: RUDDELL HEIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: Investment Opportunity! This property is a 4 unit multi-famly 1 block from Anderson University. All units are currently leased. Over $1,600 in combined gross monthly rent and yearly gross income of $19,284. Each unit comes with a refrigerator and stove/oven.
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Taxes,Sewer,Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1664
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 99900
  • Road Access: Frontage Road

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481207302097000003
  • Acres: <1/4 Acre
  • Lot Information: Busline,Sidewalks,Street Lights,Tree Mature
  • Lot Number: 001
  • Lot Size: 30x94

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity,Gas,Trash Collection

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1676
  • Semi Annual Property Tax Amt: 838
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 23, 2020
Sold by
Gumtree Properties Llc
Bought by
Balla Prudhvi Rahul
Seller's Agent
Justin Puckett
Keller Williams Indy Metro NE
Buyer's Agent
Kristen Yazel
CENTURY 21 Scheetz
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%
Total Days on Market
32
Current Estimated Value
$120,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,031
Avg. Annual Appreciation
5.69%
Original Mortgage
$75,000
Outstanding Balance
$67,647
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$60,515

Purchase Details

Closed on
Dec 17, 2019
Sold by
Ballard Kyle and Ballard Lee Anne
Bought by
Gumtree Properties Llc

Purchase Details

Listed on
Dec 9, 2015
Closed on
Aug 17, 2016
Sold by
Bennett Larry
Bought by
Ballard Kyle and Ballard Lee Anne
Seller's Agent
Edwinia Thanas
Berkshire Hathaway Home
Buyer's Agent
Reika Wilson
List Price
$72,000
Sold Price
$60,000
Premium/Discount to List
-$12,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$130,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2010
Sold by
Bandawal Ashukullah and Bandawal Kouhra
Bought by
Bennett Larry

Purchase Details

Closed on
Jun 13, 2008
Sold by
Indymac Bank Fsb
Bought by
Bandawal Ashukullah

Purchase Details

Closed on
Aug 17, 2007
Sold by
Fernando Ronald and Aegis Wholesale Corp
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Nov 2, 2005
Sold by
Stohler Donald R and Stohler Betsy L
Bought by
Fernando Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,380
Interest Rate
8.75%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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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
Balla Prudhvi Rahul -- Indiana Land Title
Gumtree Properties Llc -- None Available
Ballard Kyle -- --
Bennett Larry -- None Available
Bandawal Ashukullah $31,503 --
Indymac Bank Fsb $63,000 --
Fernando Ronald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balla Prudhvi Rahul $75,000
Closed Balla Prudhvi Rahul $75,000
Previous Owner Ballard Kyle $130,000
Previous Owner Fernando Ronald $19,380
Previous Owner Fernando Ronald $77,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $100,000 +0.1% $240 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $99,900 0.0% $240 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $99,900 +66.5% $240 / Sq Ft
08/17/2016 08/17/16 Sold $60,000 0.0% $144 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
04/21/2016 04/21/16 Price Changed $60,000 -14.2% $144 / Sq Ft
04/18/2016 04/18/16 Price Changed $69,900 -2.9% $168 / Sq Ft
12/09/2015 12/09/15 For Sale $72,000 -- $173 / 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 $1,682 $75,700 $3,600 $72,100
2023 $1,539 $68,800 $3,400 $65,400
2022 $1,535 $68,600 $3,200 $65,400
2021 $1,793 $79,700 $3,200 $76,500
2020 $1,722 $76,200 $3,100 $73,100
2019 $1,676 $74,100 $3,100 $71,000
2018 $1,620 $70,200 $3,100 $67,100
2017 $1,400 $70,000 $3,100 $66,900
2016 $1,418 $70,900 $3,200 $67,700
2014 $1,472 $73,600 $3,300 $70,300
2013 $1,472 $73,600 $3,300 $70,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21740670

MIBOR Broker Listing Cooperative®

APN: 48-12-07-302-097.000-003