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$120,000 (Pending)

716 W 5th Street Anderson, IN  46016

Property Description for 716 W 5th Street Anderson, IN 46016

Great investment opportunity! This duplex has 2 units that are fully rented, the bottom unit in the main floor has 2 bedrooms/ 1 bathroom spacious living and kitchen area. Has a laundry room and assigned parking for its residences. Top unit is a 1 bedroom, 1 bath with kitchen and living space. Property has 2 electric meters and 1 gas meter/ 1 water meter.
QuickBuy option for home selling

Address:716 W 5th Street Anderson IN 46016
Status:Pending
on site: 91 days
Price:$120,000
Bathrooms:0
Year Built:1901
Lot Size:0.15
County: Madison
Township: Anderson
MLS #:21982098
Property Type:Duplex

Lot Dimensions:6480
Road Access:Access Rd
Building Utilities:Municipal Storm Connected, Storm Sewer, Water
Directions:GPS Friendly
Basement:Yes

Loan Price
$749
Price And Interest $626/month
Property Tax $73/month
MTG INS $0/month
HOME INS $50/month
Price
$120,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$73/month
Home Owner Insurance
$600 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$437
Tax Year:2023
Mandatory HOA Fee:$

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

High School:Anderson High School
Middle School:Highland Middle School

Heat:Electric, Gas
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Angie Daza with PRESTIGE SVA GROUP INC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/09/2024 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 1178 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.