2518 Main Street

Anderson, IN 46016

$119,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investor special - great investment opportunity with a 6 unit potential! 4 units are currently leased and already generating income! Located in the heart of Anderson, close to transit and Historic Downtown! Off street parking. Garage is framed and some electrical ran for a 6th unit.Investor special - great investment opportunity with a 6 unit potential! 4 units are currently leased and already generating income! Located in the heart of Anderson, close to transit and Historic Downtown! Off street parking. Garage is framed and some electrical ran for a 6th unit.
  1. Listed by Tracie Harter • F.C. Tucker/Thompson • tracie.harter@talktotucker.com

Property Details for 2518 Main Street

Architectural Style
TraditonalAmerican
Subdivision Name
J W BAILEYS
Township
Anderson SE

Location

Listing Courtesy of F.C. Tucker/Thompson
Add your commute
LISTING UPDATED: 12/05/2022 10:30 AM

Property Details for 2518 Main Street

StatusActive
MLS #21847074
Days on Market742
Taxes$683 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Commercial Units - 5+
Year Built1925
Lot Size0.08 AC / 3,484 SF
CountyMadison County

Location

Listing Courtesy of F.C. Tucker/Thompson
Add your commute

Building Information for 2518 Main Street

Stories-Residences5Year Built1925Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$768 per month

30 year fixed, 7.25% Interest

Principal and Interest

$654

Property Taxes

$114

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2518 Main Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: From downtown Anderson, go South on Main Street. After the curve, it is on the left/east side on a corner lot.
  • Postal Code: 46016
  • REO Relocation: 0
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 481124101020000003
  • Semi Annual Property Tax Amt: 683
  • Tax Exemption: None
  • Tax Year: 2022
School Information
  • School District: Anderson Community
Owner
  • Owner Pays: NotApplic
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Information: Storage
  • Lot Description: Sidewalks
  • Lot Number: 6
  • Lot Size: 3485
  • MLS: MIBOR
  • Sqft Total: 0.0
  • Structure Type: Apartment Building
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1925
Property and Assessments
  • Affected by Disclosures: 0
  • Conversion: 0
  • Documents: None
  • DPRYN: 0
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: J W BAILEYS 1ST 0.0000ACRES STR: 00000 SECTION: PLAT: 48 IN: OUT:
  • Photos Count: 2
  • Property Sub Type: Commercial Units - 5+
  • Transaction Type: Sale
Green Features
  • Green Certification: 0
Utilities
  • Building Utilities: Gas Connected,Municipal Sewer Connected,Municipal Water Connected,Storm Sewer
  • Solid Waste: 0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
Interior Features
  • Levels: Two
  • Laundry: NoLaundry
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0
Multi Family
Multi-Family Information
  • Total Units: 5
  • Garage Parking: Parking Lot
Income & Expenses
  • Expenses: 0
  • Gross Operating Income: 0
  • Gross Potential Income: 2600
Unit 1
  • Unit Kitchen: 0
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 0
  • Unit Miscellaneous: Other
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 1
  • Unit Num of Rooms: 3
  • Unit Num of Units: 5
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 0
  • Unit Utilities: HeatForced
Unit 2
  • Unit Kitchen: 0
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 0
  • Unit Miscellaneous: Other
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 1
  • Unit Num of Rooms: 3
  • Unit Num of Units: 4
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 0
  • Unit Utilities: HeatForced
Unit 3
  • Unit Kitchen: 0
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 0
  • Unit Miscellaneous: Other
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 4
  • Unit Num of Units: 3
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 0
  • Unit Utilities: HeatForced
Unit 4
  • Unit Kitchen: 0
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 0
  • Unit Miscellaneous: Other
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 1
  • Unit Num of Rooms: 3
  • Unit Num of Units: 2
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 0
  • Unit Utilities: HeatForced
Unit 5
  • Unit Kitchen: 0
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 0
  • Unit Miscellaneous: Other
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 0
  • Unit Num of Rooms: 2
  • Unit Num of Units: 1
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 0
  • Unit Utilities: HeatForced
Rental
Rental Information
  • Tenant Pays: NotApplic

Property History for 2518 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 2518 Main Street

Taxable ValueLand$5,700Additions$54,300Total$60,000
Tax Record2022$3,744 ($312 / month)
Home Facts
Baths1Total Finished SqFt2,690 SqFtAbove Grade Finished SqFt2,690 SqFtStories3Lot Size3,485 SqFtStyleMulti-Family Dwelling (2-4)Year Built1925CountyMADISONAPN48-11-24-101-020.000-003

Schools near 2518 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
Erskine 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.

Similar Homes

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Similar Sold Homes

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2518 Main Street is a multi-family home for sale in Anderson, IN 46016. This property was listed for sale on April 5, 2022 by F.C. Tucker/Thompson, it's currently listed at $119,900. It has been on the market for a total of 742 days and was last sold on September 3, 2020. This listing's school district is Anderson Community School Corp. Nearby schools include Erskine Elementary School, Highland Jr High School and Anderson High School. 2518 Main Street is a 0-bed, 0-bath, multi-family home built in 1925.

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 F.C. Tucker/Thompson

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.