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1178 East 500 South

1178 East 500 South, Anderson, IN 46013
Property in Adams
Sold Feb 21, 2024
$53,000
Sold Aug 03, 2023
$76,680
1178 East 500 South in Anderson, IN was first built in 1970 and is 54 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1178 East 500 South has 1,512 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,010 ft and the linear feet between the front and back of the lot is 1,390. In total, the area measurement of the land is 14,026 square feet.

Learn more about the property and building on this page. The roof of the home is made of materials that we aren't sure of. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a detached garage. The garage is 900 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The condition of the building has been evaluated as average. As for heating, the home is utilizing a heating system we are unsure of. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1178 East 500 South sold most recently in Feb 15, 2024 for a total of $53,000. If you work out the math, that's approximately a cost of $35.05 per sqft. Before that, the property was also sold for $76,680 in Jul 21, 2023. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,049 in taxes each year. 1178 East 500 South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $98,800. If we break it down further, the land itself was valued at $11,500. Improvements to the property, however, were assessed at a total of $87,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 900
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 14,026
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Other
  • Heated Square Feet: 1,512
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: ORIGINAL PLAT OF TOWN OF ALLIANCE
  • Land Acres: 0.322
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ALLIANCE REPLAT V/A LOT 1

Ownership

  • Current Owner : GARCIA ORTIZ CARLOS
  • Previous Owner : SELENE FINANCE LP
  • Owner Before Previous Owner: BEEMAN JOHN L

Neighborhood

  • School District Name: South Madison Community School Corporation
  • Census Tract: 011400

Geography

  • Assessors Map Reference: MP L12-
  • Account Number: 01-40N5-1-001
  • District: 0001
  • Section: 5
  • Parcel: 48-13-05-300-021.000-001
  • Lot: 1
  • Municipality: ADAMS TOWNSHIP
  • Latitude: 40.0336
  • Longitude: -85.6498

    Address

  • Full Address: 1178 E 500 S
  • Address - House Number: 1178
  • Street Segment Direction: S
  • Street Direction: E
  • Address - Street Name: 500
  • State: IN
  • City Name: Anderson
  • Carrier Code: R004
  • 4-Digit Zip Code: 9640
  • Zip Code: 46013

Valuation

    Tax

  • Total Area: 1,512
  • Tax Year: 2022
  • Tax Amount: $1,049
  • Tax Rate Code Area: 1:ADAMS TO

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 88,707
  • High Value: 102,403
  • Low Value: 75,012

    Market Valuation

  • Market Total Value: $98,800
  • Market Land Value: $11,500
  • Market Improvement Value: $87,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,800
  • Assessed Land Value: $11,500
  • Assessed Improvements Value: $87,300

    Sales

  • Current Sale Contract Date: Feb 15, 2024
  • Current Sale Recording Date: Feb 21, 2024
  • Current Sale Transaction ID: 11921210710
  • Current Sale Price: $53,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2338
  • Previous Sale Recording Date: Aug 03, 2023
  • Previous Sale Contract Date: Jul 21, 2023
  • Previous Sale Amount: $76,680
  • Previous Sale Document Type: Sheriff's Deed

About Madison



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Frequently Asked Questions

What neighborhood is 1178 East 500 South located in?
The 1178 East 500 South is a located in the neighborhood of Adams in Madison, Anderson.
What is the average sales price for listings in 1178 East 500 South?
The average sales price for units in 1178 East 500 South is $0 currently.

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