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$379,000 ↓$20,000on 8/23/2024

403 W 8th Street Anderson, IN  46016

  • 4 Beds
  • 9 Baths
  • 22,075 sq. Ft

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Property Description for 403 W 8th Street Anderson, IN 46016

Looking for an opportunity to both live and work in Historic downtown Anderson? Here's your chance! Check out this stunning and well maintained home/office on W 8th. This building has served as a home, funeral parlor/chapel, and as a law office. It bolsters much of the original architecture and stained glass windows installed in the early 1900s. Main level and below grade area offers a plethora of offices and conference rooms. Second story has been fully renovated as an apartment with 3 beds, 2.5 baths, 2 living spaces, a full kitchen and a laundry/storage room. The third story offers potential for another apartment or office space. Tons of parking areas surround the building along with 2 extra parcels across the street.

Address:403 W 8th Street Anderson IN 46016
Status:Active
on site: 442 days
Price:$379,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths, 6 Half Baths
Sq. Feet:22,075
Year Built:1899
Lot Size:0.96
County: Madison
Township: Anderson SW
MLS #:21941776
Property Type:Single Family Residence

Lot Dimensions:7797
Lot Features:Access, Busline, Corner Lot, Curbs, Not In Subdivision, Sidewalks, Storm Sewer, Street Lights, Mature Trees, Zoned
Water Source:Municipal/City
Directions:Use GPS
Main Level Sq. Ft. :7,000
Upper Level Sq. Ft. :8,125
Total Sq. Ft. :22,075

Loan Price
$2,989
Price And Interest $1,977/month
Property Tax $854/month
MTG INS $0/month
HOME INS $158/month
Price
$379,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$854/month
Home Owner Insurance
$1,896 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/23/24 $399,000 $379,000 -5.01%
03/25/24 $450,000 $399,000 -11.33%
02/21/24 $475,000 $450,000 -5.26%
11/10/23 $545,000 $475,000 -12.84%

RoomSizeLevel
Primary Bedroom 20x20 Upper

Semi-Annual Property Tax:$5,125
Tax Year:2022
Mandatory HOA Fee:$

Area: 4812 - Madison - Anderson SW
Subdivision: No Subdivision
Zip Code:46016

Total Sq. Ft.:22,075
Interior Features:Built In Book Shelves, Raised Ceiling(s), Paddle Fan, Handicap Accessible Interior, Hi-Speed Internet Availbl, Eat-in Kitchen
Eating Area(s):None
Appliances:None
Exterior Type:Brick
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:None
Total Rooms:26
Andrea Campbell, REALTOR®/Broker, F. C. Tucker Company
Andrea Campbell
Phone (765) 623-2750
Additional Phone (765) 888-7653
F.C. Tucker Company

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Listing provided courtesy of Andrea Williams-Campbell with F.C. Tucker/Prosperity from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/04/2023 12:00 AM. 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.





Anderson Market Report

93
Avg. DOM
$123.23
Avg. $ / Sq.Ft.
$ 177,450
Med. List Price

The house prices in Anderson are indeed dropping at the moment. There has been a decrease in price of $2,829.30. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Anderson are going Down. The average house price is $189,950.00 and the average price per square feet is $120.97 per square feet. At the moment, the amount of homes listed is exactly 910 houses, with 158 with active status, 107 with pending status and 645 sold in Anderson .

The most popular place to buy a home in Anderson is 4812 - Madison - Anderson SW. 4812 - Madison - Anderson SW is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Anderson .

The average amount of property taxes you would have to pay for a home in Anderson is $1,301.40. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Anderson are staying listed for an average of 64 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Anderson was 798 minutes ago.

At the moment we have 10 open houses that you can visit.

The cost of the most expensive home in Anderson is $898,500.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Anderson is $29,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Anderson in year 1880 and the newest built house is in year 2024.

The average size of properties in Anderson is 2255.82 sq.ft. , the biggest one being 47395 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.