Large Location Icon

508 E School St; Anderson, IN Property Details

508 E School St, Anderson, IN is a Single Family that was built in 1951. This property is currently Financed and is not for sale. Our records show that 508 E School St has 2 bedrooms, and 1 bathroom, and a total of 816 square feet. The lot size of 508 E School St is 13,050 square feet.

Off market
508 E School St Anderson, IN 46012
$64,900 Listing Price
2 Beds
1 Baths
816 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1951
  • Purchase Price: $50,000
  • Open Loans / Balance: 1 / $45,861
  • Est. Equity / %: $66,139 / 59.05%
  • Gross Yield: 14.614%
  • APN: 48-07-31-200-112.000-029
  • Situs County: Madison
  • Length Of Ownership: 4 years

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: 816/SqFt
  • Lot: 13,050/SqFt
  • Garage: 484/SqFt
  • Living: 816/SqFt
  • Building: 816/SqFt
  • Ground: 816/SqFt
  • Price Per Square Foot: $61.27

Legal Description

  • Description: SALYERS GOLDEN ACRES TR 2 0.0000ACRES STR: 00000 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: 40.142853 / -85.67108
  • Subdivision: Salyers Golden Acres 2
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Plus Four: 1436
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

508 E School St has no associated ownership info
508 E School St has no associated ownership info.

Taxes

508 E School St has 10 associated Taxes items

508 E School 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 $68,000. The APN we've located for 508 E School St is 48-07-31-200-112.000-029.

Unlock the full report
Taxes
  • Assessed Value:  $68,000
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  48-07-31-200-112.000-029
  • Assessed Land Value:  12800
  • Market Land Value:  12800
  • Tax Amount:  279.86
  • Tax Year:  2025
  • Market Value:  68000
  • Market Year:  2025

Tax History

508 E School St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $68,000 Land Value $12,800 Improvement Value $55,200 Tax Amount $279.86 Change Rate -0.293925% Assessed CR Tax Rate +0.004116%
Year 2024 Assessed Value $62,200 Land Value $12,800 Improvement Value $49,400 Tax Amount $396.36 Change Rate +0.012983% Assessed CR Tax Rate +0.006372%
Year 2023 Assessed Value $56,000 Land Value $12,200 Improvement Value $43,800 Tax Amount $391.28 Change Rate +0.230672% Assessed CR Tax Rate +0.006987%
Year 2022 Assessed Value $54,200 Land Value $11,300 Improvement Value $42,900 Tax Amount $317.94 Change Rate -0.719407% Assessed CR Tax Rate +0.005866%
Year 2021 Assessed Value $49,800 Land Value $11,100 Improvement Value $38,700 Tax Amount $1,133.1 Change Rate +0.065925% Assessed CR Tax Rate +0.022753%
Year 2020 Assessed Value $46,500 Land Value $10,400 Improvement Value $36,100 Tax Amount $1,063.02 Change Rate +0.036385% Assessed CR Tax Rate +0.022861%
Year 2019 Assessed Value $44,800 Land Value $10,400 Improvement Value $34,400 Tax Amount $1,025.7 Change Rate -0.017736% Assessed CR Tax Rate +0.022895%
Year 2018 Assessed Value $44,700 Land Value $10,400 Improvement Value $34,300 Tax Amount $1,044.22 Change Rate +0.175923% Assessed CR Tax Rate +0.023361%
Year 2017 Assessed Value $44,400 Land Value $10,400 Improvement Value $34,000 Tax Amount $888 Change Rate Assessed CR Tax Rate +0.02%
Year 2016 Assessed Value $44,400 Land Value $10,400 Improvement Value $34,000 Tax Amount $888 Change Rate Assessed CR Tax Rate +0.02%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $888 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $43,900 Land Value $10,400 Improvement Value $33,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $43,900 Land Value $10,400 Improvement Value $33,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $878 Change Rate Assessed CR Tax Rate