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56 N 500; Anderson, IN Property Details

56 N 500, Anderson, IN is a Single Family that was built in 1940. This property is currently Financed and is not for sale. Our records show that 56 N 500 has 2 bedrooms, and 1 bathroom, and a total of 1,380 square feet. The lot size of 56 N 500 is 161,172 square feet.

Off market
56 N 500 W Anderson, IN 46011
$154,700 Estimated Value
2 Beds
1 Baths
1,380 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1940
  • Purchase Price: $166,250
  • Open Loans / Balance: 1 / $109,867
  • Est. Equity / %: $131,133 / 54.41%
  • Gross Yield: 12.209%
  • APN: 48-11-17-200-034.000-031
  • Situs County: Madison
  • Length Of Ownership: 3 years, 6 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

Measurements

  • Total: 1,380/SqFt
  • Lot: 161,172/SqFt
  • Garage: 1,128/SqFt
  • Living: 1,380/SqFt
  • Building: 1,380/SqFt
  • Ground: 1,380/SqFt
  • Price Per Square Foot: $120.47

Legal Description

  • Description: PT N2 W2 NW 3.7000ACRES STR: 17197 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: Frankton-Lapel Community Schools
  • Lat / Lon: 40.10264 / -85.76661
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Plus Four: 1456
  • Bathroom Fixtures: 5
  • Fireplaces: 1
  • Garage: Mixed
  • Heating: Central
  • Parking: 4

Ownership Info

56 N 500 W has no associated ownership info
56 N 500 W has no associated ownership info.

Taxes

56 N 500 W has 10 associated Taxes items

56 N 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 $154,700. The APN we've located for 56 N 500 is 48-11-17-200-034.000-031.

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Taxes
  • Assessed Value:  $154,700
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  48-11-17-200-034.000-031
  • Assessed Land Value:  32500
  • Market Land Value:  32500
  • Tax Amount:  3094
  • Tax Year:  2025
  • Market Value:  154700
  • Market Year:  2025

Tax History

56 N 500 W has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $154,700 Land Value $32,500 Improvement Value $122,200 Tax Amount $3,094 Change Rate +0.038952% Assessed CR Tax Rate +0.02%
Year 2024 Assessed Value $148,900 Land Value $32,500 Improvement Value $116,400 Tax Amount $2,978 Change Rate +0.020534% Assessed CR Tax Rate +0.02%
Year 2023 Assessed Value $137,000 Land Value $31,000 Improvement Value $106,000 Tax Amount $2,918.08 Change Rate -0.321511% Assessed CR Tax Rate +0.0213%
Year 2022 Assessed Value $134,600 Land Value $29,500 Improvement Value $105,100 Tax Amount $4,300.85 Change Rate +0.599233% Assessed CR Tax Rate +0.031953%
Year 2021 Assessed Value $125,400 Land Value $29,500 Improvement Value $95,900 Tax Amount $2,689.32 Change Rate +0.021235% Assessed CR Tax Rate +0.021446%
Year 2020 Assessed Value $119,600 Land Value $28,100 Improvement Value $91,500 Tax Amount $2,633.4 Change Rate +0.019591% Assessed CR Tax Rate +0.022018%
Year 2019 Assessed Value $119,700 Land Value $28,100 Improvement Value $91,600 Tax Amount $2,582.8 Change Rate +0.20213% Assessed CR Tax Rate +0.021577%
Year 2018 Assessed Value $93,500 Land Value $25,700 Improvement Value $67,800 Tax Amount $2,148.52 Change Rate +0.127643% Assessed CR Tax Rate +0.022979%
Year 2017 Assessed Value $85,400 Land Value $24,000 Improvement Value $61,400 Tax Amount $1,905.32 Change Rate +0.01693% Assessed CR Tax Rate +0.022311%
Year 2016 Assessed Value $85,400 Land Value $24,000 Improvement Value $61,400 Tax Amount $1,873.6 Change Rate Assessed CR Tax Rate +0.021939%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,873.6 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $92,500 Land Value $24,000 Improvement Value $68,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $89,600 Land Value $24,000 Improvement Value $65,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $2,118 Change Rate Assessed CR Tax Rate