17 days on rocket

240 E 500 N, Anderson, IN, 46012

$334,900

Home List Price

$3,977*

Closing Credit

3 Bedrooms
2 Full Baths
1,705 SqFt
$196/SqFt
House
Schools Nearby

Location

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240 E 500 N, Anderson$334,900

Buyer Closing Credits

$3,977*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1949
HeatingNatural Gas
CoolingCentral Air
MLS #21973373
Lot Size1.50 Acres
StatusActive

About 240 E 500 N

Welcome to your dream home at 240 E 500 N, Anderson, IN 46012! This beautifully updated 3-bedroom, 2-bathroom home sits on a spacious 1.5-acre lot, offering both comfort and functionality in a serene setting. As you step inside, you're greeted by a warm and inviting living space, complete with modern amenities and stylish finishes. The kitchen has an island counter made from walnut wood, perfect for your morning coffee. The primary bedroom features an en-suite bathroom and plenty of closet space, providing a peaceful retreat at the end of the day. Two additional bedrooms are perfect for family members or guests, each offering comfort and privacy. One of the highlights of this property is the detached garage with a workshop, ideal for DIY projects or extra storage. There's also another outdoor building, offering even more space for your hobbies or storage needs. But wait, there's more!! A newly built mother-in-law quarters/apartment in the back of the property spans nearly 900 square feet. This separate living space includes its own kitchen, utility room, closet space, bathroom, and garage. It's the perfect setup for multigenerational living or as a potential rental income opportunity. For added convenience, the mother-in-law quarters/apartment has its own septic system, ensuring independence and functionality. Plus, the property features a working electric fence in the back, providing security and peace of mind. With its blend of modern updates, spacious accommodations, and versatile living spaces, 240 E 500 N is more than just a home-it's a lifestyle. Don't miss your chance to make this property yours and enjoy all it has to offer. Schedule a showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1949
  • Living Area: 1,705 SqFt

Listing Office:

  • Office Name: RE/MAX Real Estate Solutions
  • Office Email: BuyWithBeck@gmail.com
  • Listing Agent: Dylan Beck

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Gas Oven, Refrigerator, Washer
  • Basement: No
  • Interior: Built In Book Shelves, Windows Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 1.50 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Anderson High School, Public District Grades 9-12
  • Highland Middle School, Public District Grades 6-8
  • Eastside Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $334,900
  • Price Per SqFt: $196/SqFt

Tax Information:

  • Annual Amount: $659
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Anderson, IN.

Med. Sold Price

$160K

Med. Price/SqFt

$104

Avg. Days On Market

39

# of Sold Homes

71

240 E 500 N vs Anderson

17 DAYS ON ROCKET

-22 Days

$334,900

+$174.9K More

$196/SqFt

+$92 More

KEY TAKEAWAY

This property is $174.9K more than the Median Sold Price and $92/SqFt more than other homes in Anderson, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21973373

Listing Office:

  • Office Name: RE/MAX Real Estate Solutions
  • Office Email: BuyWithBeck@gmail.com
  • Listing Agent: Dylan Beck

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 10:16:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$659$82,800
2019$667$82,800
2017$525$76,200

History based on county public records data.

Payment Calculator

$1,739

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,071

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3362298
3
/10
  • Eastside Elementary School

  • 844 N Scatterfield Rd

  • 3.91 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3362299
3
/10
  • Highland Middle School

  • 2108 E 200 N

  • 3.61 miles

  • Public District Grades 6-8

High School

school-card-donut-3362300
2
/10
  • Anderson High School

  • 4610 Madison Ave

  • 7.95 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,507. Typical income of Anderson, IN residents is between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 240 E 500 N

What is the listing price of this property?

The listing price of 240 E 500 N property is $334,900.

What type of property is this?

The property 240 E 500 N is a house located in Anderson, Indiana, 46012.

Is this property for sale now?

Active Listing: 240 E 500 N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 240 E 500 N are:
Eastside Elementary School: GreatSchools Rating 3/10
Highland Middle School: GreatSchools Rating 3/10
Anderson High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $659 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 240 E 500 N has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 240 E 500 N is 1,705 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 240 E 500 N is 1949.

Rocket HomesIndianaMadison CountyAnderson46012240 E 500 N

This home is located at 240 E 500 N in Anderson, IN and zip code 46012. This 1,705 square foot home, which was built in 1949, sits on a 1.50 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $334,900.

In March 2024, from all listings sold in Anderson, IN there were more than 22 sold above asking price, over 38 sold below and more than 11 were sold right at the asked price. The number of listings in Anderson, IN increased by 6.4% between February 2024 and March 2024. Listings spent 39 days on the market in March 2024, and had a median list price of $160,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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