Check Availability
Anderson 46016
1631 Brown Street
$44,000
↓ $5K (10.2%)
House - For Sale

1631 Brown Street

Anderson, IN 46016
bedrooms
2 Beds
bathrooms
1 Bath
square feet
792 Sqft
$217
Estimated Monthly
$0
HOA / Fees

About This Property

INVESTOR ALERT! TURNKEY RENTAL OVER THE 1% RULE!! Come see this low-priced single family 2br/1ba ranch home located in the heart of Anderson. Very convenient location just blocks into downtown and less than 10min to the newly remodeled casino. The property is tenant occupied and they are paying $686/mo (mo-to-mo). While the home is in rental grade condition, with a little cosmetic updating it could really shine and rent could be improved! Property is professionally managed by Full Spectrum. Add this property to your rental portfolio and start cash flowing from day 1!

The manager has listed the unit size as 792 square feet.
Unit Size
792Ft²
Days on Market
47 days
Land Size
0.07 acres
Price per sqft
$56
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1914
Listed By
Peter Stewart
Peter Stewart
Peter Stewart Realty
Last updated: 15 days ago (MIBORIN #21968455)

Price History

Date / Event Date Event Price
Apr 17, 2024 Price Decreased $44,000
↓ $5K (10.2%)
Price Decreased
Mar 28, 2024 Relisted $49,000
Relisted
Mar 22, 2024 In contract -
In contract
Mar 15, 2024 Listed by Keller Williams Indianapolis Metro North $49,000
Listed by Keller Williams Indianapolis Metro North

Property Highlights

Air Conditioning
Interior Details

Basement Information

Basement
Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1954
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Floor Count: 1
  • Basement Area: 792
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,223
  • Lot Size Depth Feet: 780
  • Lot Size Frontage Feet: 300
  • Total Building Area: 792
  • Building Area: 792
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 792
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.074
  • Legal Description 1: PT E2 NW PLAT 6-3 0.0740ACRES STR: 13197 SECTION: PLAT: 00 IN: OUT:

Ownership

  • Current Owner : WOLFE CAPITAL INVESTMENTS LLC
  • Previous Owner : DUC LAWRENCE V
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Anderson Community School Corporation
  • Census Tract: 012000

Geography

  • Assessors Map Reference: MP K5-J
  • Account Number: 18-1144-3-1B
  • District: 0002
  • Section: 13
  • Parcel: 48-11-13-204-004.000-003
  • Municipality: ANDERSON TOWNSHIP
  • Latitude: 40.1
  • Longitude: -85.6827

    Address

  • Full Address: 1631 Brown St
  • Address - House Number: 1631
  • Address - Street Name: Brown
  • Address - Suffix Type: St
  • State: IN
  • City Name: Anderson
  • Carrier Code: C022
  • 4-Digit Zip Code: 1610
  • Zip Code: 46016

Valuation

    Tax

  • Total Area: 1,584
  • Tax Year: 2022
  • Tax Amount: $510
  • Tax Rate Code Area: 18:ANDERSO

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 7
  • Final Value: 47,603
  • High Value: 69,662
  • Low Value: 25,543

    Market Valuation

  • Market Total Value: $22,800
  • Market Land Value: $3,300
  • Market Improvement Value: $19,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,800
  • Assessed Land Value: $3,300
  • Assessed Improvements Value: $19,500

    Sales

  • Current Sale Contract Date: Feb 18, 2021
  • Current Sale Recording Date: Feb 09, 2022
  • Current Sale Transaction ID: 11883510732
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 4287

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$39,900 Nov 10, 2023
-
-

About Anderson


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Nearby Rentals

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  • 1 Bath
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Unit for rent at 1312 W 8th St, Anderson, IN, 46016

$999 /mo

  • 2 Beds
  • 1 Bath
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1312 W 8th St #1312 W 8th St - 1324G, Anderson, IN, 46016 Listing by Giant Oaks Apartments
Unit for rent at 1222 Nichol Ave 4, Anderson, IN, 46016

$880 /mo

  • 3 Beds
  • 1 Bath
1222 Nichol Ave 4 #Unit 4, Anderson, IN, 46016 Listing by Manager


Frequently Asked Questions

When was property at 1631 Brown Street built and last sold?
The property at 1631 Brown Street was built in 1914 and last sold on Feb 18, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 1631 Brown Street is $51,277.
What are some comparable homes to 1631 Brown Street?
Homes that are comparable to 1631 Brown Street include a multifamily property at 409 West 11th Street, located in Anderson, IN.

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