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2229 E 59th St; Anderson, IN Property Details

2229 E 59th St, Anderson, IN is a Hotel Or Motel that was built in 1999. This property is currently Financed and is not for sale. Our records show that 2229 E 59th St has a total of 43,725 square feet. The lot size of 2229 E 59th St is 98,402 square feet.

Off market
2229 E 59th St Anderson, IN 46013
$2,400,000 Estimated Value
43,725 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1999
  • Purchase Price: $6,650,000
  • Open Loans / Balance: 2 / $5,572,585
  • APN: 48-12-32-600-003.000-003
  • Situs County: Madison
  • Length Of Ownership: 2 months

Structure

  • Building Style: Wood
  • Stories: 3
  • Building Condition: Good
  • Building Quality: C
  • Pool Type: Yes
  • Sewer Type: None
  • Water Source: Yes

Measurements

  • Total: 43,725/SqFt
  • Lot: 98,402/SqFt
  • Gross: 43,725/SqFt
  • Living: 43,725/SqFt
  • Building: 43,725/SqFt
  • Ground: 43,725/SqFt
  • Price Per Square Foot: $152.09

Legal Description

  • Description: DEVON PARK SEC 6 LOT 10
Building Insights

Land Information

  • Property Type: Hotel or Motel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Anderson Community School Corporation
  • Lat / Lon: 40.054775 / -85.648415
  • Subdivision: Devon Park Sec 6
  • Property Class: Commercial
  • County Use Code: HOUNIT

Amenities

  • Pool: true
  • Plus Four: 3087

Ownership Info

2229 E 59th St has no associated ownership info
2229 E 59th St has no associated ownership info.

Taxes

2229 E 59th St has 10 associated Taxes items

2229 E 59th St, 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 $2,400,000. The APN we've located for 2229 E 59th St is 48-12-32-600-003.000-003.

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Taxes
  • Assessed Value:  $2,400,000
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  48-12-32-600-003.000-003
  • Assessed Land Value:  281900
  • Market Land Value:  281900
  • Tax Amount:  77188.8
  • Tax Year:  2025
  • Market Value:  2400000
  • Market Year:  2025

Tax History

2229 E 59th St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,400,000 Land Value $281,900 Improvement Value $2,118,100 Tax Amount $77,188.8 Change Rate -0.001893% Assessed CR Tax Rate +0.032162%
Year 2024 Assessed Value $2,400,000 Land Value $302,800 Improvement Value $2,097,200 Tax Amount $77,335.2 Change Rate -0.004541% Assessed CR Tax Rate +0.032223%
Year 2023 Assessed Value $2,400,000 Land Value $302,900 Improvement Value $2,097,100 Tax Amount $77,688 Change Rate -0.000062% Assessed CR Tax Rate +0.03237%
Year 2022 Assessed Value $2,400,000 Land Value $281,300 Improvement Value $2,118,700 Tax Amount $77,692.8 Change Rate -0.004% Assessed CR Tax Rate +0.032372%
Year 2021 Assessed Value $2,500,000 Land Value $302,500 Improvement Value $2,197,500 Tax Amount $78,004.8 Change Rate -0.042651% Assessed CR Tax Rate +0.031202%
Year 2020 Assessed Value $3,037,000 Land Value $367,500 Improvement Value $2,669,500 Tax Amount $81,480 Change Rate +0.115798% Assessed CR Tax Rate +0.026829%
Year 2019 Assessed Value $2,238,900 Land Value $367,500 Improvement Value $1,871,400 Tax Amount $73,023.96 Change Rate -0.014057% Assessed CR Tax Rate +0.032616%
Year 2018 Assessed Value $2,238,900 Land Value $367,500 Improvement Value $1,871,400 Tax Amount $74,065.06 Change Rate +0.125934% Assessed CR Tax Rate +0.033081%
Year 2017 Assessed Value $2,192,700 Land Value $367,500 Improvement Value $1,825,200 Tax Amount $65,781 Change Rate -0.002003% Assessed CR Tax Rate +0.03%
Year 2016 Assessed Value $2,192,700 Land Value $367,500 Improvement Value $1,825,200 Tax Amount $65,913 Change Rate Assessed CR Tax Rate +0.03006%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $65,913 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $2,197,800 Land Value $367,500 Improvement Value $1,830,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $2,206,100 Land Value $367,500 Improvement Value $1,838,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $65,934 Change Rate Assessed CR Tax Rate