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240 E 500; Anderson, IN Property Details

240 E 500, Anderson, IN is a Single Family that was built in 1949. This property is currently Financed and is not for sale. Our records show that 240 E 500 has 2 bedrooms, and 1 bathroom, and a total of 1,481 square feet. The lot size of 240 E 500 is 65,340 square feet.

Off market
240 E 500 N Anderson, IN 46012
$287,500 Listing Price
2 Beds
1 Baths
1,481 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1949
  • Purchase Price: $305,900
  • Est. Equity / %: $307,000 / 100%
  • Gross Yield: 10.483%
  • APN: 48-07-18-300-036.000-029
  • Situs County: Madison
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Wood
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D+
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes
  • Attic: true

Measurements

  • Total: 1,481/SqFt
  • Lot: 65,340/SqFt
  • Attic: 498/SqFt
  • Garage: 2,064/SqFt
  • Living: 1,481/SqFt
  • Building: 1,481/SqFt
  • Ground: 1,232/SqFt
  • Attic Finished: 249/SqFt
  • Price Per Square Foot: $206.55

Legal Description

  • Description: W2 SW 1.5000ACRES STR: 18208 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: Anderson Community School Corporation
  • Lat / Lon: 40.179585 / -85.66742
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Plus Four: 9504
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Mixed
  • Heating: Central
  • Parking: 7

Ownership Info

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

Taxes

240 E 500 N has 10 associated Taxes items

240 E 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 $114,800. The APN we've located for 240 E 500 is 48-07-18-300-036.000-029.

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Taxes
  • Assessed Value:  $114,800
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  48-07-18-300-036.000-029
  • Assessed Land Value:  21800
  • Market Land Value:  21800
  • Tax Amount:  900.8
  • Tax Year:  2025
  • Market Value:  114800
  • Market Year:  2025

Tax History

240 E 500 N has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $114,800 Land Value $21,800 Improvement Value $93,000 Tax Amount $900.8 Change Rate +0.003319% Assessed CR Tax Rate +0.007847%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $897.82 Change Rate -0.094045% Assessed CR Tax Rate
Year 2023 Assessed Value $97,200 Land Value $20,800 Improvement Value $76,400 Tax Amount $991.02 Change Rate +0.044851% Assessed CR Tax Rate +0.010196%
Year 2022 Assessed Value $94,600 Land Value $19,800 Improvement Value $74,800 Tax Amount $948.48 Change Rate +0.030844% Assessed CR Tax Rate +0.010026%
Year 2021 Assessed Value $88,900 Land Value $19,600 Improvement Value $69,300 Tax Amount $920.1 Change Rate +0.444427% Assessed CR Tax Rate +0.01035%
Year 2020 Assessed Value $82,800 Land Value $18,300 Improvement Value $64,500 Tax Amount $637 Change Rate -0.033208% Assessed CR Tax Rate +0.007693%
Year 2019 Assessed Value $82,800 Land Value $18,300 Improvement Value $64,500 Tax Amount $658.88 Change Rate -0.012233% Assessed CR Tax Rate +0.007957%
Year 2018 Assessed Value $78,200 Land Value $18,300 Improvement Value $59,900 Tax Amount $667.04 Change Rate +0.364983% Assessed CR Tax Rate +0.00853%
Year 2017 Assessed Value $76,200 Land Value $17,800 Improvement Value $58,400 Tax Amount $488.68 Change Rate +0.055145% Assessed CR Tax Rate +0.006413%
Year 2016 Assessed Value $73,800 Land Value $17,400 Improvement Value $56,400 Tax Amount $463.14 Change Rate Assessed CR Tax Rate +0.006276%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $463.14 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $67,600 Land Value $16,300 Improvement Value $51,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $70,200 Land Value $16,300 Improvement Value $53,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $394.68 Change Rate Assessed CR Tax Rate