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(SOLD) $53,000

1405 W 4th Street Anderson, IN  46016

  • 3 Beds
  • 1 Baths
  • 1,890 sq. Ft

Property Description for 1405 W 4th Street Anderson, IN 46016

Action Required: No Wholesaler offers will be considered. Proof of funds and all contracts must be in the name of the end user. All showings require proof of funds, no exceptions. Financing Type: Cash, Conventional Financing Keep it as a rental and raise rents to fair market value (Shortage of Section 8 Housing in Anderson. See upside remarks below) Upside Potential: According to the 2024 HUD Fair Market Rents (FMRs) for the 46016 Zip Code, there is substantial room for rent increase, with the potential to raise total rent to $1,468. Property can be sold as a package deal. (See remarks below) Listing Broker has a spreadsheet with underwriting analysis on investment property, PDF copy of the underwriting on file. If represented by an outside agency, connect your representative. In order to receive financial information and data analysis buyers must register through the listing broker even if represented by an outside agency. Please note: Interior of property has not been examined due to tenant occupancy. All financial projections and data are based on available information and should be independently verified by the buyer. Once under contract, buyers may conduct physical inspection to verify the condition of property. Package: 2203-2205 George St (Duplex), 1405 W 4th St, 1202 Home Ave, 1124 Home Ave, 1304 E 27th St, 125 E 35th St, 2939 Columbus Ave. All investment properties can be bought as a package or individually. See MLS listings.
QuickBuy option for home selling

Address:1405 W 4th Street Anderson IN 46016
Status:Sold
Sold On: 3/13/2024
Price:$55,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,890
Year Built:1910
Lot Size:0.15
County: Madison
Township: Anderson
MLS #:21965033
Property Type:Single Family Residence

Lot Dimensions:6336
Water Source:Other
Directions:GPS Friendly
Main Level Sq. Ft. :1,512
Total Sq. Ft. :1,890
Basement:Yes

Loan Price
$432
Price And Interest $276/month
Property Tax $134/month
MTG INS $0/month
HOME INS $22/month
Price
$53,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$134/month
Home Owner Insurance
$264 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 10x10 Main
Bedroom 2 10x10 Main
Bedroom 3 10x10 Main

Semi-Annual Property Tax:$803
Tax Year:2023
Mandatory HOA Fee:$

Area: 4810 - Madison - Anderson NW
Subdivision: Evalyn
Zip Code:46016

Total Sq. Ft.:1,890
Interior Features:Windows Vinyl
Eating Area(s):Other Eating Area
Appliances:Other
Exterior Type:Other
Cool:Central Electric
Heat:Other
Water Heater:Other
Total Rooms:3
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 1405 W 4th Street Anderson, IN  46016


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Listing provided courtesy of Jordan Ice with Fair Market Value Investment Sales from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 02/20/2024 12:00 AM. 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.



Anderson Market Report

78
Avg. DOM
$108.02
Avg. $ / Sq.Ft.
$ 158,125
Med. List Price

The house prices in Anderson are indeed dropping at the moment. There has been a decrease in price of $3,871.21. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Anderson are going Down. The average house price is $159,500.00 and the average price per square feet is $107.58 per square feet. At the moment, the amount of homes listed is exactly 768 houses, with 118 with active status, 105 with pending status and 545 sold in Anderson .

The most popular place to buy a home in Anderson is 4812 - Madison - Anderson SW. 4812 - Madison - Anderson SW is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Anderson .

The average amount of property taxes you would have to pay for a home in Anderson is $1,341.94. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Anderson are staying listed for an average of 72 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Anderson was 2372 minutes ago.

At the moment we have 3 open houses that you can visit.

The cost of the most expensive home in Anderson is $1,940,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Anderson is $16,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Anderson in year 1849 and the newest built house is in year 2024.

The average size of properties in Anderson is 2128.49 sq.ft. , the biggest one being 22075 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.