2432 Main Street

Anderson, IN 46016

$297,000
Price
Beds
3,984 Sq. Ft.
$75 / Sq. Ft.
3,984
Sq. Ft.
$75
per Sq. Ft.

Description

This 5 unit apartment building located 2 miles south of the Anderson Central Business District has become available to purchase. The city bus line is one block to the west. A Kroger's grocery is located within walking distance. Apt 2 is a recent vacancy and is receiving fresh paint and new carpeting. These apartments lease up quickly. Some long term tenants. Four 2 BR/1 BA apartments and 1 Efficiency. A storage area with rental income is located in the attached garage. Street parking only. A coin...This 5 unit apartment building located 2 miles south of the Anderson Central Business District has become available to purchase. The city bus line is one block to the west. A Kroger's grocery is located within walking distance. Apt 2 is a recent vacancy and is receiving fresh paint and new carpeting. These apartments lease up quickly. Some long term tenants. Four 2 BR/1 BA apartments and 1 Efficiency. A storage area with rental income is located in the attached garage. Street parking only. A coin operated washer and dryer is available for tenants' use. Income of approximately $100 each month is received from the washer/dryer. The landlord pays all utilities. The good rental rates cover the utility costs. Two of the three GFA furnaces are newer; no air units. Roof approximately 10 years old. Within past 5 years: Electrician installed a new electric panel and new wiring throughout. Also, new Pex plumbing throughout. Financial figures are available for serious buyers. On-site tours of apartments are available for serious buyers providing a pre-approval letter, if financing, and proof-of-funds, if a cash purchase. (Apts vary in sizes and room layouts; all similar cabinetry.)
  1. Listed by Carol Miller • Engel & Volkers • Carol.miller@evrealestate.com

Property Details for 2432 Main Street

Architectural Style
TraditonalAmerican
Township
Anderson
Zoning
R-4

Location

Listing Courtesy of Engel & Volkers
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LISTING UPDATED: 04/15/2024 12:44 AM

Property Details for 2432 Main Street

StatusActive
MLS #21961833
Days on Market73
Taxes$1,251 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1949
Lot Size0.07 AC / 3,049 SF
CountyMadison County

Location

Listing Courtesy of Engel & Volkers
Add your commute

Building Information for 2432 Main Street

Stories-Residences5Year Built1949Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$1,829 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,621

Property Taxes

$209

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2432 Main Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46016
  • Postal Code Plus4: 5269
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 481113404073000003
  • Semi Annual Property Tax Amt: 1251
  • Tax Exemption: None
  • Tax Year: 2023
  • TaxLot: 48-11-13-404-073.000-003
School Information
  • Middle Or Junior School: Highland Middle School
  • School District: Anderson Community School Corp
Owner
  • Owner Pays: All Utilities
Parking
  • Carport Spaces: 0.0
  • Garage Spaces: 2.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Lot Description: City Lot, Curbs, Sidewalks
  • Lot Size Square Feet: 3049.0
  • Lot Size Acres: 0.07
  • New Construction: False
  • Possible Use: Apt<20
  • Space Available: 500
  • Structure Type: Apartment Building
  • Sq Ft Total: 3984.0
  • Year Built Numeric: 1949
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Legal Subdivision: B H Gedges Lot 70
  • Photos Count: 26
  • Property Attached: Yes
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Sewer,Water
  • Sprinkler: None
  • Utilities: Electricity Connected, Gas, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Vinyl Siding
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Roof: Fiberglass, Rubber
Interior Features
  • Basement YN: No
  • Cooling: None
  • Heating: Forced Air, Gas, SpaceWallUnit
  • Levels: Two
  • Laundry Features: Common Laundry, Main Level
  • Multi Baths: 5
  • Multi Beds: 8
Multi Family
Multi-Family Information
  • Total Units: 5
  • Garage Parking: On Street
Unit 1
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas,Heat Forced
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Kitchen: 90
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas,Heat Forced
  • Unit Type Type: 2 Bedroom
Unit 3
  • Unit Kitchen: 100
  • Unit Levels: 2
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas,Heat Forced
  • Unit Type Type: 2 Bedroom
Unit 4
  • Unit Kitchen: 100
  • Unit Levels: 2
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas,Heat Forced
  • Unit Type Type: 2 Bedroom
Unit 5
  • Unit Kitchen: 24
  • Unit Levels: 2
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas,Heat Radint
  • Unit Type Type: Efficiency
Rental
Rental Information
  • Multi Tenants: Yes

Property History for 2432 Main 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 2432 Main Street

Taxable ValueLand$4,100Additions$67,900Total$72,000
Tax Record2022$2,502 ($208 / month)
Home Facts
Total Finished SqFt3,984 SqFtAbove Grade Finished SqFt3,984 SqFtStories2Lot Size3,049 SqFtStyleMulti-Family Res (5+ Units)Year Built1949CountyMADISONAPN48-11-13-404-073.000-003

Schools near 2432 Main 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 - 6 to 10
Rating
School
Distance
Valley Grove Elementary School
PublicK to 4

Highland Jr High School
Public7 to 8

Anderson High School
Public9 to 12

COMPASS Alternative School
Public6 to 10

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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2432 Main Street is a multi-family home for sale in Anderson, IN 46016. This property was listed for sale on February 1, 2024 by Engel & Volkers, it's currently listed at $297,000. It has been on the market for a total of 73 days and was last sold on July 7, 2000. This listing's school district is Anderson Community School Corp. Nearby schools include Valley Grove Elementary School, Highland Jr High School and Anderson High School. 2432 Main Street is a 0-bed, 0-bath, 3,984 sqft multi-family home built in 1949.

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 Engel & Volkers

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.