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507 W 3rd St; Anderson, IN Property Details

507 W 3rd St, Anderson, IN is a Single Family that was built in 1890. This property is currently a cash purchase and is not for sale. Our records show that 507 W 3rd St has 2 bedrooms, and 1 bathroom, and a total of 744 square feet. The lot size of 507 W 3rd St is 5,184 square feet.

Off market
507 W 3rd St Anderson, IN 46016
$44,500 Estimated Value
2 Beds
1 Baths
744 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1890
  • Est. Equity / %: $100,000 / 100%
  • Gross Yield: 6.288%
  • APN: 48-11-12-301-027.000-003
  • Situs County: Madison
  • Length Of Ownership: 3 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: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes

Measurements

  • Total: 744/SqFt
  • Lot: 5,184/SqFt
  • Living: 744/SqFt
  • Building: 744/SqFt
  • Ground: 744/SqFt

Legal Description

  • Description: MATTERS N2 0.0000ACRES STR: 00000 SECTION: PLAT: 26 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: 40.112625 / -85.6864
  • Subdivision: Philip Matters 1st Addition
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Plus Four: 2227
  • Bathroom Fixtures: 5
  • Heating: Central

Ownership Info

507 W 3rd St has no associated ownership info
507 W 3rd St has no associated ownership info.

Taxes

507 W 3rd St has 8 associated Taxes items

507 W 3rd 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 $44,500. The APN we've located for 507 W 3rd St is 48-11-12-301-027.000-003.

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Taxes
  • Assessed Value:  $44,500
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  48-11-12-301-027.000-003
  • Assessed Land Value:  7200
  • Market Land Value:  7200
  • Market Value:  44500
  • Market Year:  2025

Tax History

507 W 3rd St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $44,500 Land Value $7,200 Improvement Value $37,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $40,200 Land Value $7,200 Improvement Value $33,000 Tax Amount $424.34 Change Rate +0.085158% Assessed CR Tax Rate +0.010556%
Year 2023 Assessed Value $37,000 Land Value $6,900 Improvement Value $30,100 Tax Amount $391.04 Change Rate -0.651284% Assessed CR Tax Rate +0.010569%
Year 2022 Assessed Value $36,900 Land Value $6,500 Improvement Value $30,400 Tax Amount $1,121.37 Change Rate +0.46569% Assessed CR Tax Rate +0.030389%
Year 2021 Assessed Value $34,000 Land Value $6,400 Improvement Value $27,600 Tax Amount $765.08 Change Rate +0.038805% Assessed CR Tax Rate +0.022502%
Year 2020 Assessed Value $32,600 Land Value $6,100 Improvement Value $26,500 Tax Amount $736.5 Change Rate +0.024083% Assessed CR Tax Rate +0.022592%
Year 2019 Assessed Value $31,800 Land Value $6,100 Improvement Value $25,700 Tax Amount $719.18 Change Rate +0.056251% Assessed CR Tax Rate +0.022616%
Year 2018 Assessed Value $29,500 Land Value $6,100 Improvement Value $23,400 Tax Amount $680.88 Change Rate +0.161911% Assessed CR Tax Rate +0.023081%
Year 2017 Assessed Value $29,300 Land Value $6,100 Improvement Value $23,200 Tax Amount $586 Change Rate -0.013468% Assessed CR Tax Rate +0.02%
Year 2016 Assessed Value $29,300 Land Value $6,100 Improvement Value $23,200 Tax Amount $594 Change Rate Assessed CR Tax Rate +0.020273%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $594 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,500 Land Value $6,100 Improvement Value $25,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $31,500 Land Value $6,100 Improvement Value $25,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $630 Change Rate Assessed CR Tax Rate