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1087 N 500; Anderson, IN Property Details

1087 N 500, Anderson, IN is a Rural Residence that was built in 1911. This property is not for sale. Our records show that 1087 N 500 has 5 bedrooms, and 2 bathrooms, and a total of 3,214 square feet. The lot size of 1087 N 500 is 87,730 square feet.

Off market
1087 N 500 E Anderson, IN 46012
$161,300 Estimated Value
5 Beds
2 Baths
3,214 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1911
  • Open Loans / Balance: 1 / $233,533
  • Est. Equity / %: $-10,533 / -4.72%
  • APN: 48-12-02-900-005.000-033
  • Situs County: Madison

Rooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Wood
  • Stories: 1.5
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes

Measurements

  • Total: 3,214/SqFt
  • Lot: 87,730/SqFt
  • Garage: 1,072/SqFt
  • Living: 3,214/SqFt
  • Basement: 804/SqFt
  • Building: 3,214/SqFt
  • Ground: 3,214/SqFt
  • Basement Unfinished: 777/SqFt

Legal Description

  • Description: ADMINISTRATIVE PLAT 2016-P-007 LOT 3 (2.014AC)
Building Insights

Land Information

  • Property Type: Rural Residence
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Anderson Community School Corporation
  • Lat / Lon: 40.12178 / -85.57686
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Plus Four: 9474
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Mixed
  • Heating: Central
  • Parking: 4

Ownership Info

1087 N 500 E has no associated ownership info
1087 N 500 E has no associated ownership info.

Taxes

1087 N 500 E has 10 associated Taxes items

1087 N 500, Anderson, IN pays taxes in Madison County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $161,300. The APN we've located for 1087 N 500 is 48-12-02-900-005.000-033.

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Taxes
  • Assessed Value:  $161,300
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  48-12-02-900-005.000-033
  • Assessed Land Value:  18200
  • Market Land Value:  18200
  • Tax Amount:  1785.13
  • Tax Year:  2025
  • Market Value:  161300
  • Market Year:  2025

Tax History

1087 N 500 E has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $161,300 Land Value $18,200 Improvement Value $143,100 Tax Amount $1,785.13 Change Rate -0.008944% Assessed CR Tax Rate +0.011067%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,801.24 Change Rate -0.033649% Assessed CR Tax Rate
Year 2023 Assessed Value $135,300 Land Value $17,200 Improvement Value $118,100 Tax Amount $1,863.96 Change Rate -0.448997% Assessed CR Tax Rate +0.013776%
Year 2022 Assessed Value $129,800 Land Value $16,400 Improvement Value $113,400 Tax Amount $3,382.85 Change Rate +0.197906% Assessed CR Tax Rate +0.026062%
Year 2021 Assessed Value $118,200 Land Value $16,300 Improvement Value $101,900 Tax Amount $2,823.97 Change Rate +0.077107% Assessed CR Tax Rate +0.023891%
Year 2020 Assessed Value $112,300 Land Value $15,500 Improvement Value $96,800 Tax Amount $2,621.81 Change Rate +0.026466% Assessed CR Tax Rate +0.023346%
Year 2019 Assessed Value $108,500 Land Value $15,600 Improvement Value $92,900 Tax Amount $2,554.21 Change Rate +0.053817% Assessed CR Tax Rate +0.023541%
Year 2018 Assessed Value $100,100 Land Value $15,600 Improvement Value $84,500 Tax Amount $2,423.77 Change Rate Assessed CR Tax Rate +0.024213%