2 months on rocket

124 W 5th St, Anderson, IN, 46016

$219,900

Home List Price

$2,611*

Closing Credit

0 Baths
Multi

Location

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124 W 5th St, Anderson$219,900

Buyer Closing Credits

$2,611*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1884
MLS #22000909
Lot Size0.24 Acres
StatusActive

About 124 W 5th St

Fantastic investment opportunity with this 4-unit apartment building. A perfect house hack for a new investor who can live in one of the units and keep the rest rented out to pay your mortgage or a seasoned investor who will make a lucrative return on investment. Property offers a lot of different opportunities for the right investor.

Property Details

Property Features

Property Information:

  • Year Built: 1884

Listing Office:

  • Office Name: Golden Rule Realty, LLC
  • Office Email: callmichellemac@hotmail.com
  • Listing Agent: Michelle McGuire

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $219,900

Tax Information:

  • Annual Amount: $1,481
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Anderson, IN.

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Anderson, IN

City

Med. Sold Price

$157.6K

Med. Price/SqFt

$104

Avg. Days On Market

36

# of Sold Homes

85

124 W 5th St vs Anderson

73 DAYS ON ROCKET

+37 Days

$219,900

+$62.2K More

KEY TAKEAWAY

This property is $62.2K more than the Median Sold Price in Anderson, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22000909

Listing Office:

  • Office Name: Golden Rule Realty, LLC
  • Office Email: callmichellemac@hotmail.com
  • Listing Agent: Michelle McGuire

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 10:16:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,481$70,000
2019$1,406$65,500
2017$1,176$58,800

History based on county public records data.

Payment Calculator

$1,165

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-863554
3
/10

  • Eastside Elementary School

  • 844 N Scatterfield Rd

  • 1.79 miles

  • Public District Grades KG-4

school-card-donut-863555
2
/10

  • Anderson Elementary School

  • 2035 Raible Ave

  • 2.01 miles

  • Public District Grades KG-4

school-card-donut-863556
4
/10

  • Tenth Street Elementary School

  • 3124 E 10th St

  • 2.38 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,545. Typical income of Anderson, IN residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Anderson, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Anderson, IN?

Anderson's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from historic homes with Victorian influences to more contemporary ranch-style dwellings. The market is balanced with a mix of older homes that reflect the city's rich history and newer constructions that cater to modern living preferences.

Is Anderson, IN a good place to live?

Anderson prides itself on a strong sense of community and a rich historical heritage. The city is celebrated for its annual events, which include cultural festivals and community gatherings that highlight the local traditions and foster a sense of togetherness among residents.

Are things conveniently located in Anderson, IN?

The community is served by a number of public schools, offering educational opportunities from elementary through high school levels. Healthcare services are available through local clinics and a regional hospital, providing residents with access to essential medical care. The city also features a public library system and a variety of retail and dining options that reflect the local culture.

What does the transportation in Anderson, IN look like?

Transportation in Anderson includes a network of roads and highways that connect residents to nearby cities and amenities. Public transit options are available, offering services that facilitate movement around the city. The area's walkability varies, with certain neighborhoods being more pedestrian-friendly than others. Efforts to enhance transportation efficiency and accessibility are ongoing, with improvements to roadways and public transit systems planned or underway.

Rocket Homes›Indiana›Madison County›Anderson›46016›124 W 5th St

This home is located at 124 W 5th St in Anderson, IN and zip code 46016. This home, which was built in 1884, sits on a 0.24 acre lot. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $219,900.

Anderson, IN housing market in October 2024 saw over 21 listings sold above listed price, more than 18 sold at listed price and over 46 sold below. In October 2024 in Anderson, IN there were 5.1% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $157,658, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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