NOT LISTED FOR SALE

908 Walnut St Anderson, IN 46012

Estimated Value: $120,550 - $133,000

3 Beds
3 Baths
2,102 Sq Ft
$60/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $107,000 $51 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $891/month

6 Days on Market

About This Home

As of June 2022

Investors---here you go! Triplex within walking distance to Anderson University. Unit One is occupied and the other two units are left vacant for showings. Fresh paint in Unit 2. Previous rents for other units were 550 and 525 without upgrades for potentially more rents. One set of mechanicals for all 3 units. Electricity metered separately and tenants pay. Owner pays gas, water/sewer. Covered front porches on lower level units. Large, third unit is upper level with back access.

Last Listed By

Pamela Brown

PMI Indianapolis Listed on: 04/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 1900

Lot Details

  • 8,276

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shingle Siding

Additional Features

  • 2-Story Property
  • 8,276 Sq Ft Lot
  • Basement

Community Details

  • Frees Park Place Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, insurance, no utilities
  • The owner pays for taxes
  • Assessor Parcel Number 481207304092000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,516

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1900
  • Lot Size Acres: 0.19
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Triplex
  • Subdivision Name: FREES PARK PLACE
  • Inspection Warranties: SeeRemarks
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Taxes, Other
  • Possible Use: Apt<20
  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 2102
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Shingle/Shake
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 119000
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: On Street,Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Apt<20
  • Parcel Number: 481207304092000003
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Sidewalks
  • Lot Number: 0
  • Lot Size: 67x124

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Insurance, No Utilities

Multi Family

  • Net Operating Income: 12020
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2516
  • Semi Annual Property Tax Amt: 1258
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2023
Sold by
Inspired Partnerships Llc-S Series 2
Bought by
Burton Aaron and Burton Alyssa
Total Days on Market
6
Current Estimated Value
$126,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$88,459
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$38,679

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 23, 2022
Sold by
Axiom Anderson Investments Llc
Bought by
Inspired Partnerships Llc Series 2
Seller's Agent
Pamela Brown
PMI Indianapolis
Buyer's Agent
Jacqueline Alexander
Green Forest Realty
List Price
$119,000
Sold Price
$107,000
Premium/Discount to List
-$12,000
-10.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Sep 12, 2017
Sold by
Creative Investments Consulting
Bought by
Axiom Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2010
Sold by
Robinson Aaron M and Hanks Aaron M
Bought by
Wachovia Bank Na

Purchase Details

Closed on
Sep 7, 2005
Sold by
Mcneil Robert G and Mcneil Betty L
Bought by
Hanks Aaron M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,720
Interest Rate
6.01%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Burton Aaron -- None Listed On Document
Inspired Partnerships Llc Series 2 -- Hocker Janet Davis
Axiom Llc $44,000 --
Axiom Anderson Investments Llc $44,000 Meridian Title Co
Wachovia Bank Na $18,001 --
Hanks Aaron M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burton Aaron $90,000
Previous Owner Axiom Anderson Investments Llc $29,000
Previous Owner Axiom Anderson Investments Llc $29,000
Previous Owner Hanks Aaron M $54,720
Previous Owner Hanks Aaron M $10,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $107,000 -10.1% $51 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $119,000 -- $57 / 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 $2,253 $101,400 $9,300 $92,100
2023 $1,608 $71,900 $8,900 $63,000
2022 $1,597 $71,400 $8,400 $63,000
2021 $1,310 $58,200 $8,300 $49,900
2020 $1,258 $55,700 $8,000 $47,700
2019 $1,228 $54,300 $8,000 $46,300
2018 $1,191 $51,600 $8,000 $43,600
2017 $978 $48,900 $8,000 $40,900
2016 $1,836 $49,600 $8,200 $41,400
2014 $1,384 $69,200 $8,600 $60,600
2013 $1,384 $69,200 $8,600 $60,600
Source: Public Records

Agents Affiliated with this Home

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 21851751

MIBOR Broker Listing Cooperative®

APN: 48-12-07-304-092.000-003