2976 N Scatterfield Rd

Anderson, IN 46012

$1,200,000
Price
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Beds
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Baths
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— / Sq. Ft.
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Sq. Ft.
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per Sq. Ft.

Description

Multi Use commercial/residential building. 100% leased, great cash flow! Three commercial units with multi-year leases w/ extension options. Seven residential apartments. Many recent updates including new HVAC, Parking lot repairs, indoor and outdoor lighting converted to LED for energy efficiency, exterior painting, roofing, sewer line repairs, and a vast amount of interior remodeling for residences. Well-maintained and operated by current owner.Multi Use commercial/residential building. 100% leased, great cash flow! Three commercial units with multi-year leases w/ extension options. Seven residential apartments. Many recent updates including new HVAC, Parking lot repairs, indoor and outdoor lighting converted to LED for energy efficiency, exterior painting, roofing, sewer line repairs, and a vast amount of interior remodeling for residences. Well-maintained and operated by current owner.
  1. Listed by Barry Hines • Realty Wealth Advisors
  2. Listed by Jamie Richardson

Property Details for 2976 North Scatterfield Road

Subdivision Name
Vermillion Heights
Township
Richland
LISTING UPDATED: 12/17/2025 01:16 PM

Property Details for 2976 North Scatterfield Road

StatusActive
MLS #21984509
Days on Market357
Taxes$10,012 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1975
Lot Size1.00 AC / 43,560 SF
CountyMadison County

Location

Listing Courtesy of Realty Wealth Advisors
Add your commute

Building Information for 2976 North Scatterfield Road

Stories-Residences10Year Built1975Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$7,598 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,930

Property Taxes

$1,669

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2976 North Scatterfield Road

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46012
  • Postal Code Plus4: 1585
  • Road Access: Access Rd,Frontage Road
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 480731200069000029
  • Semi Annual Property Tax Amt: 10012
  • Tax Year: 2023
  • TaxLot: 023
School Information
  • Middle Or Junior School: Highland Middle School
  • School District: Anderson Community School Corp
Owner
  • Owner Pays: All Utilities, Cable TV, Electricity, Insurance, Lawncare, Sewer, Trash Collection, Water
Parking
  • Carport Spaces: 1.0
Property
Lot Information
  • Acreage: 1-3 Acres
  • Current Use: Apt<20, Comm Mul Ten, Medical/Dental
  • Lot Size Square Feet: 43560.0
  • Lot Size Acres: 1.0
  • New Construction: False
  • Year Built Numeric: 1975
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: No
  • Legal Subdivision: Vermillion Hts Rp Pt 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 17
  • Property Attached: No
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt, Concrete
  • Transaction Type: Sale
  • Property Condition: Updated/Remodeled
Utilities
  • Building Utilities: Sewer,Water
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Lighting
  • Roof: Membrane
Interior Features
  • Basement YN: No
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 10
  • Garage Parking: Parking Lot
Income & Expenses
  • Expenses: 5219
  • Net Operating Income: $8,455.00
  • Gross Income: $13,675.00
Unit 1
  • Unit Kitchen: 120
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Elec,Fuel Elec
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Kitchen: 120
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Elec,Fuel Elec
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Kitchen: 0
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Elec
  • Unit Type Type: Manager's Unit

Property History for 2976 North Scatterfield Road

DateEvent & SourcePriceAppreciation
Jul 30, 2024

Price Change

MIBORMLS #21984509

$1,270,000—
Jun 11, 2024

Listed (Active)

MIBORMLS #21984509

$1,300,000—
DateEvent & SourcePrice
07/30/2024

Price Change

MIBORMLS #21984509

$1,270,000
06/11/2024

Listed (Active)

MIBORMLS #21984509

$1,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2976 North Scatterfield Road

Taxable ValueLand$50,000Additions$657,500Total$707,500
Tax Record2024$18,034 ($1,503 / month)
Home Facts
Total Finished SqFt15,364 SqFtAbove Grade Finished SqFt15,364 SqFtStories2Lot Size43,560 SqFtStyleMedical BuildingsYear Built1975CountyMADISONAPN48-07-31-200-069.000-029

Schools near 2976 North Scatterfield Road

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Eastside Elementary School
Public - K to 4
Highland Jr High School
Public - 7 to 8
Anderson High School
Public - 9 to 12
Anderson Intermediate School
Public - 5 to 6
Rating
School
Distance
Eastside Elementary School
PublicK to 4

Highland Jr High School
Public7 to 8

Anderson High School
Public9 to 12

Anderson Intermediate School
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2976 North Scatterfield Road, Anderson, IN 46012

2976 North Scatterfield Road is a multi-family home for sale in Anderson, IN 46012. This property was listed for sale on June 11, 2024 by Realty Wealth Advisors, it's currently listed at $1,200,000. This listing's school district is Anderson Community School Corp. Nearby schools include Eastside Elementary School, Highland Jr High School and Anderson High School. 2976 North Scatterfield Road is a 0-bed, 0-bath, multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Wealth Advisors

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/24/2025 04:29 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.