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242 E 500; Anderson, IN Property Details

242 E 500, Anderson, IN is a Single Family that was built in 1952. This property is currently Financed and is not for sale. Our records show that 242 E 500 has 3 bedrooms, and 1.5 bathrooms, and a total of 1,556 square feet. The lot size of 242 E 500 is 43,560 square feet.

Off market
242 E 500 S Anderson, IN 46013
$134,900 Listing Price
3 Beds
1.5 Baths
1,556 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1952
  • Purchase Price: $145,000
  • Open Loans / Balance: 1 / $78,181
  • Est. Equity / %: $203,819 / 72.28%
  • Gross Yield: 10.038%
  • APN: 48-13-06-300-003.000-001
  • Situs County: Madison
  • Length Of Ownership: 8 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,556/SqFt
  • Lot: 43,560/SqFt
  • Garage: 570/SqFt
  • Living: 1,556/SqFt
  • Building: 1,556/SqFt
  • Ground: 1,556/SqFt
  • Price Per Square Foot: $93.19

Legal Description

  • Description: W2 SW 1.0000ACRES STR: 06188 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: South Madison Community School Corporation
  • Lat / Lon: 40.03372 / -85.668655
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Plus Four: 3918
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

242 E 500 S has no associated ownership info
242 E 500 S has no associated ownership info.

Taxes

242 E 500 S has 10 associated Taxes items

242 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 $157,800. The APN we've located for 242 E 500 is 48-13-06-300-003.000-001.

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Taxes
  • Assessed Value:  $157,800
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  48-13-06-300-003.000-001
  • Assessed Land Value:  22700
  • Market Land Value:  22700
  • Tax Amount:  1148.44
  • Tax Year:  2025
  • Market Value:  157800
  • Market Year:  2025

Tax History

242 E 500 S has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $157,800 Land Value $22,700 Improvement Value $135,100 Tax Amount $1,148.44 Change Rate +0.187632% Assessed CR Tax Rate +0.007278%
Year 2024 Assessed Value $141,800 Land Value $22,700 Improvement Value $119,100 Tax Amount $967 Change Rate -0.042385% Assessed CR Tax Rate +0.006819%
Year 2023 Assessed Value $130,400 Land Value $21,700 Improvement Value $108,700 Tax Amount $1,009.8 Change Rate -0.073578% Assessed CR Tax Rate +0.007744%
Year 2022 Assessed Value $129,300 Land Value $20,600 Improvement Value $108,700 Tax Amount $1,090 Change Rate +0.041507% Assessed CR Tax Rate +0.00843%
Year 2021 Assessed Value $120,300 Land Value $20,600 Improvement Value $99,700 Tax Amount $1,046.56 Change Rate -0.096765% Assessed CR Tax Rate +0.0087%
Year 2020 Assessed Value $122,800 Land Value $19,600 Improvement Value $103,200 Tax Amount $1,158.68 Change Rate +0.16296% Assessed CR Tax Rate +0.009436%
Year 2019 Assessed Value $109,400 Land Value $19,600 Improvement Value $89,800 Tax Amount $996.32 Change Rate +0.093847% Assessed CR Tax Rate +0.009107%
Year 2018 Assessed Value $107,500 Land Value $19,600 Improvement Value $87,900 Tax Amount $910.84 Change Rate -0.013901% Assessed CR Tax Rate +0.008473%
Year 2017 Assessed Value $106,500 Land Value $19,600 Improvement Value $86,900 Tax Amount $923.68 Change Rate +0.034217% Assessed CR Tax Rate +0.008673%
Year 2016 Assessed Value $106,500 Land Value $19,600 Improvement Value $86,900 Tax Amount $893.12 Change Rate Assessed CR Tax Rate +0.008386%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $893.12 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $104,900 Land Value $19,600 Improvement Value $85,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $104,900 Land Value $19,600 Improvement Value $85,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $890.64 Change Rate Assessed CR Tax Rate