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$279,900 ↓$20,000on 10/31/2024

622 E 8th Street Anderson, IN  46012

  • 6,647 sq. Ft

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Property Description for 622 E 8th Street Anderson, IN 46012

This property presents a unique opportunity for investment or business development, situated near the Eisenhower Bridge in the newly established Riverfront District. It boasts excellent curb appeal and significant road visibility on a busy thoroughfare. The building is currently divided, allowing for versatile use with separate entrances. Currently, one half of the space is utilized for office purposes, featuring a full bathroom, two half bathrooms, and two kitchen areas. The other half consists of expansive open areas with multiple rooms, along with two unfinished upstairs apartments that also have separate entrances, providing additional potential for residential use. The property includes two large parking lots, accommodating up to 52 vehicles, which enhances its accessibility. It has been under the same ownership for many years, indicating stability and care. The zoning classification of B-1 allows for a mix of residential and business uses, further increasing its appeal for various ventures. Additionally, the property encompasses two parcels, offering further development possibilities.
QuickBuy option for home selling

Address:622 E 8th Street Anderson IN 46012
Status:Active
on site: 71 days
Price:$279,900
Bathrooms:0
Sq. Feet:6,647
Lot Size:0.56
County: Madison
Township: Anderson
MLS #:22003515
Property Type:Business

Lot Dimensions:24393
Road Frontage:City Street
Road Access:Access Rd
Road Surface:Asphalt
Zoning:Mixed Use
Directions:GPS Friendly
Total Sq. Ft. :6,647

Loan Price
$1,907
Price And Interest $1,460/month
Property Tax $330/month
MTG INS $0/month
HOME INS $117/month
Price
$279,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$330/month
Home Owner Insurance
$1,404 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/31/24 $299,900 $279,900 -6.67%

Semi-Annual Property Tax:$1,980
Tax Year:2023
Mandatory HOA Fee:$

Area: 4810 - Madison - Anderson NW
Zip Code:46012

Middle School:Highland Middle School

Total Sq. Ft.:6,647
Cool:Central Electric
Heat:Dual, Forced Air, Gas
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Julie Schnepp with RE/MAX Legacy from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/30/2024 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

95
Avg. DOM
$117.87
Avg. $ / Sq.Ft.
$ 169,900
Med. List Price

The house prices in Anderson are indeed dropping at the moment. There has been a decrease in price of $11,609.07. 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 $170,000.00 and the average price per square feet is $118.70 per square feet. At the moment, the amount of homes listed is exactly 759 houses, with 153 with active status, 80 with pending status and 526 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 $1,273.55. 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 65 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 1832 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Anderson is $874,500.00. 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 $55,900.00 . 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 1880 and the newest built house is in year 2024.

The average size of properties in Anderson is 1881.26 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.