14 days on rocket

1405 W 5th St, Anderson, IN, 46016

$99,900

Home List Price

$1,186*

Closing Credit

0 Baths
Multi

Location

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1405 W 5th St, Anderson$99,900

Buyer Closing Credits

$1,186*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1965
MLS #22012232
Lot Size0.13 Acres
StatusActive

About 1405 W 5th St

Investment Opportunity - Tri-Plex with Bonus Income Potential! Unlock the potential of this tri-plex investment property! Featuring two spacious 2-bedroom, 1-bath units and a cozy 1-bedroom, 1-bath unit, this property offers diverse rental options. As a bonus, the property includes a 2-car garage, providing additional income potential when rented separately. Located in a desirable area, this is an ideal opportunity for investors looking to generate consistent rental income while building equity. With some strategic updates, this tri-plex could become a standout property in the rental market. Don't miss out-this investment is ready to work for you! Note: 1 unit is rent ready and 2 units need updates. None of the units are rented at this time.

Property Details

Property Features

Property Information:

  • Year Built: 1965

Listing Office:

  • Office Name: Stanifer & Associates Real Est
  • Office Email: butchstanifer@gmail.com
  • Listing Agent: Butch Stanifer

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,900

Tax Information:

  • Annual Amount: $1,061
  • 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

$159K

Med. Price/SqFt

$105

Avg. Days On Market

28

# of Sold Homes

67

1405 W 5th St vs Anderson

14 DAYS ON ROCKET

-14 Days

$99,900

-$59.1K Less

KEY TAKEAWAY

This property is $59.1K less 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: #22012232

Listing Office:

  • Office Name: Stanifer & Associates Real Est
  • Office Email: butchstanifer@gmail.com
  • Listing Agent: Butch Stanifer

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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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 3:16:50 PM 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$1,061$48,100
2019$992$46,900
2017$854$42,700

History based on county public records data.

Payment Calculator

$566

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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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-1704257
2
/10

  • Anderson Elementary School

  • 2035 Raible Ave

  • 1.36 miles

  • Public District Grades KG-4

school-card-donut-1704258
3
/10

  • Edgewood Elementary School

  • 3525 Winding Way

  • 1.94 miles

  • Public District Grades KG-4

school-card-donut-1704259
3
/10

  • Eastside Elementary School

  • 844 N Scatterfield Rd

  • 2.54 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 $33,269. Most Anderson, IN residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area 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›1405 W 5th St

This home is located at 1405 W 5th St in Anderson, IN and zip code 46016. This home, which was built in 1965, sits on a 0.13 acre lot. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $99,900.

Anderson, IN housing market in November 2024 saw over 17 listings sold above listed price, more than 13 sold at listed price and over 37 sold below. The number of homes for sale in Anderson, IN decreased by 10.4% between October 2024 and November 2024. In November 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $159,031.

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

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