124 West 5th Street

Anderson, IN 46016

$219,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fantastic investment opportunity with this 4-unit apartment building. A perfect house hack for a new investor who can live in one of the units and keep the rest rented out to pay your mortgage or a seasoned investor who will make a lucrative return on investment. Property offers a lot of different opportunities for the right investor.Fantastic investment opportunity with this 4-unit apartment building. A perfect house hack for a new investor who can live in one of the units and keep the rest rented out to pay your mortgage or a seasoned investor who will make a lucrative return on investment. Property offers a lot of different opportunities for the right investor.
  1. Listed by Michelle McGuire • Golden Rule Realty, LLC • callmichellemac@hotmail.com

Property Details for 124 West 5th Street

Subdivision Name
No Subdivision
Township
Anderson
LISTING UPDATED: 10/15/2024 06:47 PM

Property Details for 124 West 5th Street

StatusActive
MLS #22000909
Days on Market61
Taxes$853 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1884
Lot Size0.24 AC / 10,454 SF
CountyMadison County

Building Information for 124 West 5th Street

Stories-Residences4Year Built1884Building Size-Lot Size0.24 AC / 10,454 SF

Property Information for 124 West 5th Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46016
  • Postal Code Plus4: 1115
  • Road Access: Street Cuts
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 481112402136000003
  • Semi Annual Property Tax Amt: 853
  • Tax Year: 2023
  • TaxLot: 48-11-12-402-136.000-003
School Information
  • Middle Or Junior School: Highland Middle School
  • School District: Anderson Community School Corp
Owner
  • Owner Pays: Sewer, Trash Collection, Water
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Size Square Feet: 10368.0
  • Lot Size Acres: 0.24
  • New Construction: False
  • Year Built Numeric: 1884
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Inspection Warranties: General
  • Legal Subdivision: Hazletts 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 7
  • Property Attached: Yes
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Municipal Storm Connected,Water
  • Solid Waste: Yes
Interior and Exterior Features
Interior Features
  • Basement YN: No
  • Levels: One and One Half
Multi Family
Multi-Family Information
  • Total Units: 4
  • Garage Parking: On Street, Paved Area
Income & Expenses
  • Expenses: 3500
  • Gross Income: $22,428.00
Unit 1
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 4
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Rental
Rental Information
  • Tenant Pays: Cable TV, Electricity, Gas

Property History for 124 West 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 124 West 5th Street

Taxable ValueLand$11,500Additions$64,800Total$76,300
Tax Record2023$1,707 ($142 / month)
Home Facts
Baths4Total Finished SqFt3,674 SqFtAbove Grade Finished SqFt3,674 SqFtStories2Lot Size10,368 SqFtStyleTriplexYear Built1884Year Renovated1959CountyMADISONAPN48-11-12-402-136.000-003Fireplace TypeHas Fireplace

Schools near 124 West 5th Street

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 7 to 8
Public - 9 to 12
Public - 5 to 6
Rating
School
Distance
Eastside Elementary School
PublicK to 4

Highland Jr High School
Public7 to 8

Anderson High School
Public9 to 12

Anderson Intermediate School
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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124 West 5th Street is a multi-family home for sale in Anderson, IN 46016. This property was listed for sale on September 10, 2024 by Golden Rule Realty, LLC, it's currently listed at $219,900. It has been on the market for a total of 61 days and was last sold on September 22, 2017. This listing's school district is Anderson Community School Corp. Nearby schools include Eastside Elementary School, Highland Jr High School and Anderson High School. 124 West 5th Street is a 0-bed, 0-bath, multi-family home built in 1884.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Golden Rule Realty, LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.