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1559 S 500; Anderson, IN Property Details

1559 S 500, Anderson, IN is a Single Family that was built in 1890. This property is currently a cash purchase and is not for sale. Our records show that 1559 S 500 has 2 bedrooms, and 1 bathroom, and a total of 1,208 square feet. The lot size of 1559 S 500 is 97,879 square feet.

Off market
1559 S 500 W Anderson, IN 46011
$145,000 Listing Price
2 Beds
1 Baths
1,208 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1890
  • Est. Equity / %: $187,000 / 100%
  • Gross Yield: 8.708%
  • APN: 48-11-19-400-009.000-031
  • Situs County: Madison
  • Length Of Ownership: 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Wood
  • Stories: 1
  • Building Condition: Fair
  • Building Quality: D+
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 1,208/SqFt
  • Lot: 97,879/SqFt
  • Garage: 456/SqFt
  • Living: 1,208/SqFt
  • Building: 1,208/SqFt
  • Ground: 1,208/SqFt

Legal Description

  • Description: ADMINISTRATIVE PLAT 06-241 2.2470ACRES STR: SECTION: PLAT: IN: OUT:
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Frankton-Lapel Community Schools
  • Lat / Lon: 40.08209 / -85.76821
  • Subdivision: Administrative Plat 06 241
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Plus Four: 8748
  • Bathroom Fixtures: 5
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1559 S 500 W has no associated ownership info
1559 S 500 W has no associated ownership info.

Taxes

1559 S 500 W has 10 associated Taxes items

1559 S 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 $91,600. The APN we've located for 1559 S 500 is 48-11-19-400-009.000-031.

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Taxes
  • Assessed Value:  $91,600
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  48-11-19-400-009.000-031
  • Assessed Land Value:  26500
  • Market Land Value:  26500
  • Tax Amount:  1931.23
  • Tax Year:  2025
  • Market Value:  91600
  • Market Year:  2025

Tax History

1559 S 500 W has 14 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $91,600 Land Value $26,500 Improvement Value $65,100 Tax Amount $1,931.23 Change Rate +0.124718% Assessed CR Tax Rate +0.021083%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,717.08 Change Rate +1.892265% Assessed CR Tax Rate
Year 2023 Assessed Value $78,300 Land Value $25,200 Improvement Value $53,100 Tax Amount $593.68 Change Rate -0.063123% Assessed CR Tax Rate +0.007582%
Year 2022 Assessed Value $70,600 Land Value $24,000 Improvement Value $46,600 Tax Amount $633.68 Change Rate -0.047384% Assessed CR Tax Rate +0.008976%
Year 2021 Assessed Value $68,600 Land Value $24,000 Improvement Value $44,600 Tax Amount $665.2 Change Rate -0.032352% Assessed CR Tax Rate +0.009697%
Year 2020 Assessed Value $65,300 Land Value $22,900 Improvement Value $42,400 Tax Amount $687.44 Change Rate -0.4922% Assessed CR Tax Rate +0.010527%
Year 2019 Assessed Value $63,800 Land Value $22,900 Improvement Value $40,900 Tax Amount $1,353.76 Change Rate +0.050942% Assessed CR Tax Rate +0.021219%
Year 2018 Assessed Value $59,700 Land Value $22,900 Improvement Value $36,800 Tax Amount $1,288.14 Change Rate +0.129749% Assessed CR Tax Rate +0.021577%
Year 2017 Assessed Value $54,300 Land Value $21,100 Improvement Value $33,200 Tax Amount $1,140.2 Change Rate +0.015081% Assessed CR Tax Rate +0.020998%
Year 2016 Assessed Value $54,300 Land Value $21,100 Improvement Value $33,200 Tax Amount $1,123.26 Change Rate Assessed CR Tax Rate +0.020686%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,123.26 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $59,400 Land Value $21,100 Improvement Value $38,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $57,900 Land Value $21,100 Improvement Value $36,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,255.8 Change Rate Assessed CR Tax Rate
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