411 Central Avenue

Anderson, IN 46012

$499,900
Price
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Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.

Description

Request for highest and best offers by 11:00 AM on Wednesday, 12/18. Great investment opportunity featuring two well-maintained one-story brick buildings with a total of 8 units! The properties located at 411 Central Ave and 414 Ruddle Ave, are divided by an alley and have five concrete parking spaces for each building. Each unit is approximately 700 sq ft, with identical layouts including one bedroom, one bathroom, kitchen, living room, and adjacent dining area. A coin laundry with 2 washers and...Request for highest and best offers by 11:00 AM on Wednesday, 12/18. Great investment opportunity featuring two well-maintained one-story brick buildings with a total of 8 units! The properties located at 411 Central Ave and 414 Ruddle Ave, are divided by an alley and have five concrete parking spaces for each building. Each unit is approximately 700 sq ft, with identical layouts including one bedroom, one bathroom, kitchen, living room, and adjacent dining area. A coin laundry with 2 washers and 2 dryers is located in the Central building and shared by all tenants. These units are two blocks from Anderson University and within minutes of downtown Anderson, city parks and bike paths. Conveniently located and well maintained, these buildings provide the perfect setup for any investment portfolio! Properties sold As-Is. No showings on occupied unit's w/o an accepted offer.
  1. Listed by Cory Parker • RE/MAX Real Estate Solutions • cory@corysoldmine.com

Property Details for 411 Central Avenue

Architectural Style
Ranch
Subdivision Name
J M Ruddells
Township
Anderson
LISTING UPDATED: 12/17/2024 05:46 PM

Property Details for 411 Central Avenue

StatusActive
MLS #22014883
Days on Market6
Taxes$2,060 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1972
Lot Size0.36 AC / 15,681 SF
CountyMadison County

Building Information for 411 Central Avenue

Stories-Residences8Year Built1972Building Size-Lot Size0.36 AC / 15,681 SF

Property Information for 411 Central Avenue

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46012
  • Postal Code Plus4: 3300
  • Road Access: Access Rd
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 481207302166000003
  • Semi Annual Property Tax Amt: 2060
  • Tax Year: 2023
  • Additional Parcels Description: 48-12-07-302-019.000-003
  • TaxLot: L018 & L061
School Information
  • Middle Or Junior School: Highland Middle School
  • School District: Anderson Community School Corp
Owner
  • Owner Pays: Gas, Sewer, Water
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Building Information: Handicap Access
  • Current Use: Multi-Family
  • Lot Description: City Lot, Sidewalks, Trees-Small (Under 20 Ft)
  • Lot Size Square Feet: 15681.0
  • Lot Size Acres: 0.36
  • New Construction: False
  • Possible Use: Residential
  • Year Built Numeric: 1972
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: No
  • Legal Subdivision: J M RUDDELLS 2ND PL 23 L 018 & J M RUDDELLS 3RD L 061
  • Photos Count: 34
  • Property Attached: No
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • Road Surface Type: Concrete
  • Transaction Type: Sale
  • Property Condition: Updated/Remodeled
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Sewer,Water
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Block
  • Roof: Asphalt
Interior Features
  • Basement YN: No
  • Cooling: Central Electric
  • Heating: Forced Air
  • Levels: One
  • Laundry Features: Common Laundry
  • Multi Baths: 1
  • Multi Beds: 1
Multi Family
Multi-Family Information
  • Total Units: 8
  • Garage Parking: Guest Parking, On Street, Parking Lot
Income & Expenses
  • Expenses: 0
  • Gross Income: $3,400.00
Unit 1
  • Unit Kitchen: 13x6
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Elec,Fuel Gas,Heat Forced,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 13x6
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Elec,Fuel Gas,Heat Forced,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Kitchen: 13x6
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Elec,Fuel Gas,Heat Forced,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Unit 4
  • Unit Kitchen: 13x6
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Elec,Fuel Gas,Heat Forced,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Unit 5
  • Unit Kitchen: 13x6
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Elec,Heat Forced,Hot Wtr Elec
  • Unit Type Type: 1 Bedroom
Unit 6
  • Unit Kitchen: 13x6
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Elec,Heat Forced,Hot Wtr Elec
  • Unit Type Type: 1 Bedroom
Unit 7
  • Unit Kitchen: 13x6
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Elec,Heat Forced,Hot Wtr Elec
  • Unit Type Type: 1 Bedroom
Unit 8
  • Unit Kitchen: 13x6
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Elec,Heat Forced,Hot Wtr Elec
  • Unit Type Type: 1 Bedroom
Rental
Rental Information
  • Tenant Pays: Electricity, Trash Collection

Property History for 411 Central Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 411 Central Avenue

Taxable ValueLand$9,800Additions$82,200Total$92,000
Tax Record2023$2,058 ($172 / month)
Home Facts
Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories1Lot Size7,841 SqFtStyleMulti-Family Res (5+ Units)Year Built1972CountyMADISONAPN48-12-07-302-166.000-003

Schools near 411 Central Avenue

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Tenth Street Elementary School
Public - K to 4
Highland Jr High School
Public - 7 to 8
Anderson High School
Public - 9 to 12
Anderson Intermediate School
Public - 5 to 6
Rating
School
Distance
Tenth Street 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.

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More information about 411 Central Avenue, Anderson, IN 46012

411 Central Avenue is a multi-family home for sale in Anderson, IN 46012. This property was listed for sale on December 12, 2024 by RE/MAX Real Estate Solutions, it's currently listed at $499,900. This listing's school district is Anderson Community School Corp. Nearby schools include Tenth Street Elementary School, Highland Jr High School and Anderson High School. 411 Central Avenue is a 0-bed, 0-bath, multi-family home built in 1972.

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 RE/MAX Real Estate Solutions

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.