5 months on rocket

2605 Mounds Rd, Anderson, IN, 46016

$139,997

Home List Price

$1,662*

Closing Credit

3 Bedrooms
1 Full Bath
1,176 SqFt
$119/SqFt
House
Schools Nearby

Location

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2605 Mounds Rd, Anderson$139,997

Buyer Closing Credits

$1,662*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1925
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #21953849
Lot Size0.25 Acres
StatusActive

About 2605 Mounds Rd

Up to 100% financing with a Key Community Mortgage. No PMI. Unlock the potential of this hidden gem! Nestled in a prime location at 2605 Mounds Rd, Anderson, IN 46016, this property presents an incredible opportunity for savvy investors. With 3 bedrooms and 1 bath awaiting transformation, this home calls for a partial rehab to unleash its true value. Imagine the possibilities: a blank canvas to remodel and revitalize, creating a lucrative investment in a sought-after area with a country feel, but close to the City. Whether you're looking to flip or add to your portfolio, this property's prime location and potential make it an enticing prospect. Don't miss the chance to turn this diamond in the rough into a shining success! The house has been completely rewired, a new electrical panel installed, with new breakers and a new HVAC system installed, which is a reflection of the new list price.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1925
  • Living Area: 1,176 SqFt

Listing Office:

  • Office Name: Christian Brothers Realty, LLC
  • Office Email: dave@christianbrothersinvestments.com
  • Listing Agent: Dave Ellis

Interior Features

Interior Information:

  • Appliances: None, Gas Water Heater
  • Basement: Yes
  • Interior: Attic Access, Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, 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
  • Valley Grove Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $139,997
  • Price Per SqFt: $119/SqFt

Tax Information:

  • Annual Amount: $705
  • 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

2605 Mounds Rd vs Anderson

162 DAYS ON ROCKET

+123 Days

$139,997

-$20K Less

$119/SqFt

+$15 More

KEY TAKEAWAY

This property is $20K less than the Median Sold Price and $15/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: #21953849

Listing Office:

  • Office Name: Christian Brothers Realty, LLC
  • Office Email: dave@christianbrothersinvestments.com
  • Listing Agent: Dave Ellis

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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Last updated on: 4/27/2024, 11:46:14 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$705$68,600
2019$653$66,700
2017$607$60,700

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-1852229
3
/10
  • Valley Grove Elementary School

  • 2160 S 300 E

  • 1.94 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1852230
3
/10
  • Highland Middle School

  • 2108 E 200 N

  • 3.19 miles

  • Public District Grades 6-8

High School

school-card-donut-1852231
2
/10
  • Anderson High School

  • 4610 Madison Ave

  • 2.92 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,466. Most Anderson, IN residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2605 Mounds Rd

What is the listing price of this property?

The listing price of 2605 Mounds Rd property is $139,997.

What type of property is this?

The property 2605 Mounds Rd is a house located in Anderson, Indiana, 46016.

Is this property for sale now?

Active Listing: 2605 Mounds Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2605 Mounds Rd are:
Valley Grove 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 $705 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2605 Mounds Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2605 Mounds Rd is 1,176 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2605 Mounds Rd is 1925.

Rocket HomesIndianaMadison CountyAnderson460162605 Mounds Rd

This home is located at 2605 Mounds Rd in Anderson, IN and zip code 46016. This 1,176 square foot home, which was built in 1925, sits on a 0.25 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 17, 2023 and is currently priced at $139,997.

In March 2024 more than 22 listings in Anderson, IN were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 38 were sold below. The inventory of homes for sale in Anderson, IN between February 2024 and March 2024 increased by 6.4%. 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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