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228 S 500; Anderson, IN Property Details

228 S 500, Anderson, IN is a Single Family that was built in 1955. This property is not for sale. Our records show that 228 S 500 has 3 bedrooms, and 1 bathroom, and a total of 1,393 square feet. The lot size of 228 S 500 is 22,651 square feet.

Off market
228 S 500 W Anderson, IN 46011
$143,300 Estimated Value
3 Beds
1 Baths
1,393 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Open Loans / Balance: 2 / $137,785
  • Est. Equity / %: $89,215 / 39.3%
  • Gross Yield: 12.55%
  • APN: 48-11-17-200-002.000-031
  • Situs County: Madison

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Brick
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C-
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes

Measurements

  • Total: 1,393/SqFt
  • Lot: 22,651/SqFt
  • Garage: 528/SqFt
  • Living: 1,393/SqFt
  • Building: 1,393/SqFt
  • Ground: 1,393/SqFt

Legal Description

  • Description: PT SW NW 0.5200ACRES STR: 17197 SECTION: PLAT: 00 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: 40.097996 / -85.76731
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Plus Four: 9069
  • Bathroom Fixtures: 5
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

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

Taxes

228 S 500 W has 10 associated Taxes items

228 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 $143,300. The APN we've located for 228 S 500 is 48-11-17-200-002.000-031.

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Taxes
  • Assessed Value:  $143,300
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  48-11-17-200-002.000-031
  • Assessed Land Value:  17700
  • Market Land Value:  17700
  • Tax Amount:  1289.7
  • Tax Year:  2025
  • Market Value:  143300
  • Market Year:  2025

Tax History

228 S 500 W has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $143,300 Land Value $17,700 Improvement Value $125,600 Tax Amount $1,289.7 Change Rate +0.117494% Assessed CR Tax Rate +0.009%
Year 2024 Assessed Value $127,800 Land Value $17,700 Improvement Value $110,100 Tax Amount $1,154.1 Change Rate +0.112064% Assessed CR Tax Rate +0.009031%
Year 2023 Assessed Value $116,700 Land Value $16,800 Improvement Value $99,900 Tax Amount $1,037.8 Change Rate -0.030528% Assessed CR Tax Rate +0.008893%
Year 2022 Assessed Value $112,900 Land Value $16,000 Improvement Value $96,900 Tax Amount $1,070.48 Change Rate +0.146763% Assessed CR Tax Rate +0.009482%
Year 2021 Assessed Value $104,800 Land Value $16,000 Improvement Value $88,800 Tax Amount $933.48 Change Rate +0.012341% Assessed CR Tax Rate +0.008907%
Year 2020 Assessed Value $99,700 Land Value $15,300 Improvement Value $84,400 Tax Amount $922.1 Change Rate +0.069325% Assessed CR Tax Rate +0.009249%
Year 2019 Assessed Value $99,700 Land Value $15,300 Improvement Value $84,400 Tax Amount $862.32 Change Rate +0.33515% Assessed CR Tax Rate +0.008649%
Year 2018 Assessed Value $83,300 Land Value $15,300 Improvement Value $68,000 Tax Amount $645.86 Change Rate Assessed CR Tax Rate +0.007753%
Year 2017 Assessed Value $75,500 Land Value $14,000 Improvement Value $61,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $75,500 Land Value $14,000 Improvement Value $61,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $75,700 Land Value $14,000 Improvement Value $61,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $73,200 Land Value $14,000 Improvement Value $59,200 Tax Amount Change Rate Assessed CR Tax Rate