1506 Walnut Street

Anderson, IN 46016

$69,000
Last Sold Price
3
Beds
3
Baths
2,008 Sq. Ft.
$34 / Sq. Ft.
2,008
Sq. Ft.
$34
per Sq. Ft.

Description

Check out this investment opportunity! Triplex located centrally in Anderson. Property features 3 units (2 Bed 1 Bath main level, 1 Bed 1 Bath upper level, studio/efficiency unit upper level), 2 car detached garage for extra storage income, and a full basement for ease of maintenance on mechanicals!Check out this investment opportunity! Triplex located centrally in Anderson. Property features 3 units (2 Bed 1 Bath main level, 1 Bed 1 Bath upper level, studio/efficiency unit upper level), 2 car detached garage for extra storage income, and a full basement for ease of maintenance on mechanicals!
  1. Listed by Bryce Conyers • Starr Real Estate

Property Details for 1506 Walnut Street

Style
Two Story
Architectural Style
Traditional
Subdivision
None
Waterfront
No
Pet Restrictions
Yes

Location

Listing Courtesy of Starr Real Estate

Sold By NonMember MEIAR

Add your commute
LISTING UPDATED: 05/15/2023 05:08 PM

Property Details for 1506 Walnut Street

StatusSold
MLS #202302617
Days on Market65
Taxes$600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1900
Lot Size0.12 AC / 5,382 SF
CountyMadison County

Location

Listing Courtesy of Starr Real Estate

Sold By NonMember MEIAR

Add your commute

Building Information for 1506 Walnut Street

Stories2Residences3Year Built1900Building Size-Lot Size0.12 AC / 5,382 SF

Payment Calculator

$427 per month

30 year fixed, 7.25% Interest

Principal and Interest

$377

Property Taxes

$50

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1506 Walnut Street

Summary
Location and General Information
  • Area: Madison County
  • City: Anderson
  • Zip + 4: 2088
  • Zip Code: 46016
  • State: IN
  • Township: Anderson
  • Fips Code: 18095
  • Directions To Property: SR9 to Mounds Rd/Ohio Ave, Ohio Ave left Walnut St, property on the left
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2021
  • Parcel Number Id: 48-12-18-203-052.000-003
School Information
  • School District: Anderson Community
  • Elementary: Tenth Street
  • Middle School: Highland Junior High
  • High School: Anderson
Parking
  • Number Of Parking Spaces: 2
  • Parking: Off Street, Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 0.12
  • Lot Dimensions: 46X117
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 2008.0
  • Approx Lot Size Sqft: 5382.0
  • Above Grade Finished Sqft: 2008.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 2008.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: 0-2.9999
  • Outbuilding Length: 20.0
  • Outbuilding Sqft: 400
  • Outbuilding Width: 20.0
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 123
  • Documents Available: LBP Form, Sellers Disclosure
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Fenced Yard, Off Street Parking, Porch Enclosed
  • Exterior: Aluminum, Brick
  • Fence: Chain Link
  • Outbuilding: Outbuilding
  • Platted: Yes
  • Pool: No
  • Roof Material: Shingle
Interior Features
  • Number of Electric Meters: 3
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 0
  • Number of Refrigerators: 0
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Basement: Yes
  • Basement/Foundation: Full Basement
  • Cooling: None
  • Flooring: Mixed
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 3
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 3
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 1
  • Num Of 2 Bedrooms: 1
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 1
  • Num of Units Rented: 1
  • Number of Units: 3
Income & Expenses Information
  • Annual Electric Expense: $800.00
  • Annual Fuel Expense: $800.00
  • Annual Gross Rent $: $8,700
  • Annual Insurance Expense: $1,000
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $4,300
  • Annual Property Tax: $600
  • Annual Trash Expense: $200
  • Annual Water/Sewer Exp: $1,000
  • Gross Monthly Income: $725
  • Gross Monthly Rent: $725
Unit Information
Unit 1
  • Unit 1 SqFt: 1000
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 5
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Owner
  • Unit 1-Gas: Owner
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $725
Unit 2
  • Unit 2 SqFt: 501
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Num of Rooms: 3
  • Unit 2-Currently Rented: No
  • Unit 2-Electric: Owner
  • Unit 2-Gas: Owner
  • Unit 2-Level: Upper
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2
Unit 3
  • Unit 3 SqFt: 501
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 0
  • Unit 3-Num of Rooms: 2
  • Unit 3-Currently Rented: No
  • Unit 3-Electric: Owner
  • Unit 3-Gas: Owner
  • Unit 3-Level: Upper
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 3
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Electric, Fuel, Heating, Lawn Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: None

Property History for 1506 Walnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1506 Walnut Street

Taxable ValueLand$4,200Additions$22,300Total$26,500
Tax Record2022$1,253 ($104 / month)
Home Facts
Baths3Total Finished SqFt2,008 SqFtAbove Grade Finished SqFt2,008 SqFtStories2Lot Size5,382 SqFtStyleTriplexYear Built1950CountyMADISONAPN48-12-18-203-052.000-003

Schools near 1506 Walnut Street

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 7 to 8
Public - 9 to 12
Public - 5 to 6
Rating
School
Distance
Tenth Street 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.

Similar Homes

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Similar Sold Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Starr Real Estate

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.