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40 E 500; Anderson, IN Property Details

40 E 500, Anderson, IN is a Single Family that was built in 1958. This property is currently a cash purchase and is not for sale. Our records show that 40 E 500 has 2 bedrooms, and 1 bathroom, and a total of 1,008 square feet. The lot size of 40 E 500 is 19,950 square feet.

Off market
40 E 500 S Anderson, IN 46013
$82,100 Estimated Value
2 Beds
1 Baths
1,008 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Purchase Price: $31,000
  • Est. Equity / %: $247,000 / 100%
  • Gross Yield: 5.674%
  • APN: 48-13-06-300-126.000-001
  • Situs County: Madison
  • Length Of Ownership: 16 years, 6 months

Rooms

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

Structure

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

Measurements

  • Total: 1,008/SqFt
  • Lot: 19,950/SqFt
  • Living: 1,008/SqFt
  • Building: 1,008/SqFt
  • Ground: 1,008/SqFt
  • Price Per Square Foot: $30.75

Legal Description

  • Description: W2 SW 0.4580ACRES 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: 40.0337 / -85.67254
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Plus Four: 3912
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

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

Taxes

40 E 500 S has 10 associated Taxes items

40 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 $82,100. The APN we've located for 40 E 500 is 48-13-06-300-126.000-001.

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Taxes
  • Assessed Value:  $82,100
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  48-13-06-300-126.000-001
  • Assessed Land Value:  15900
  • Market Land Value:  15900
  • Tax Amount:  356.68
  • Tax Year:  2025
  • Market Value:  82100
  • Market Year:  2025

Tax History

40 E 500 S has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $82,100 Land Value $15,900 Improvement Value $66,200 Tax Amount $356.68 Change Rate +0.156325% Assessed CR Tax Rate +0.004344%
Year 2024 Assessed Value $74,800 Land Value $15,900 Improvement Value $58,900 Tax Amount $308.46 Change Rate -0.095478% Assessed CR Tax Rate +0.004124%
Year 2023 Assessed Value $68,900 Land Value $15,200 Improvement Value $53,700 Tax Amount $341.02 Change Rate -0.285088% Assessed CR Tax Rate +0.004949%
Year 2022 Assessed Value $68,100 Land Value $14,400 Improvement Value $53,700 Tax Amount $477.01 Change Rate +0.333921% Assessed CR Tax Rate +0.007005%
Year 2021 Assessed Value $63,700 Land Value $14,400 Improvement Value $49,300 Tax Amount $357.6 Change Rate -0.023004% Assessed CR Tax Rate +0.005614%
Year 2020 Assessed Value $60,800 Land Value $13,700 Improvement Value $47,100 Tax Amount $366.02 Change Rate -0.008506% Assessed CR Tax Rate +0.00602%
Year 2019 Assessed Value $59,400 Land Value $13,700 Improvement Value $45,700 Tax Amount $369.16 Change Rate -0.017355% Assessed CR Tax Rate +0.006215%
Year 2018 Assessed Value $59,500 Land Value $13,700 Improvement Value $45,800 Tax Amount $375.68 Change Rate -0.021667% Assessed CR Tax Rate +0.006314%
Year 2017 Assessed Value $57,800 Land Value $13,700 Improvement Value $44,100 Tax Amount $384 Change Rate +0.03426% Assessed CR Tax Rate +0.006644%
Year 2016 Assessed Value $57,800 Land Value $13,700 Improvement Value $44,100 Tax Amount $371.28 Change Rate Assessed CR Tax Rate +0.006424%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $371.28 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $57,200 Land Value $13,700 Improvement Value $43,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $57,200 Land Value $13,700 Improvement Value $43,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $375.58 Change Rate Assessed CR Tax Rate