Sold424d on market
240 E 500 N
Anderson, IN, 46012 • 46012 • Madison County
$287,500
$194/sqft
3Beds
2Baths
1,481Sqft
1.5 acLot
1949Built
Property DNA
Traditional Style
Built 1949 · 77 years of history
No Subdivision
46012
Outdoor Living
Covered · Patio
Outbuilding
Outbuilding
4-Car Garage
Attached · Detached · Asphalt · Workshop in Garage
This home is getting attention
Listed 424 days ago · 2 views
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
424 days on market
Established listing
$194/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 30% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1949
Fall in love with the little bit of country this property provides! Sitting on 1.5 acres with 2 electric fenced pastures, it is ready for your hobby farm. The home has had many updates (too many to list! (See attachments) and offers 2 main level bedrooms including a primary with a full bath plus a finished attic bedroom. Newer roof, vinyl windows, HVAC 2 years old and brand-new water heater! Very nice open concrete patios in the front and back including a new path to the freshly remodeled 900 SF Studio apartment with its own garage and septic system! All of this PLUS an oversized 2 car detached garage with an overhead door to the heated workshop behind it. If that is not all there is an additional outbuilding as well. This truly is a rare find!
Estimated monthly payment
Based on current rates
$1,875/month
Principal & Interest$1,492
Property Tax$288
Insurance$96
Down payment20% ($57,500)
3%50%
Est. 6.75% rate · 30yr fixed · $230,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1949
HeatingForced Air
Parking4 Attached Garage spaces
Lot1.50 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1949
Stories1
Systems
HeatingForced Air
ConstructionVinyl Siding
Water / SewerPrivate Well
Parking & Outdoor
ParkingAttached, Detached, Asphalt, Workshop in Garage
Garage4 spaces
Lot1.50 Acres
Location & Tax
Neighborhood46012
Annual tax$992
Parcel480718300036000029
Bathrooms & Fees
Full baths2
Features & details
10 categories of property features
Interior Features
Interior
Eat-in Kitchen
Appliances
Dryer
Gas Water Heater
Microwave
Refrigerator
Washer
Water Softener Owned
Heating
Forced Air
Laundry
Connections All
Windows
Windows Vinyl
Exterior Features
Parking
Attached
Detached
Asphalt
Workshop in Garage
Construction
Vinyl Siding
Patio & Porch
Covered
Patio
Lot Features
Rural - Not Subdivision
Mature Trees
Other Structures
Outbuilding
Room details
5 rooms detailed
Master Bedroom
Main21×13 ft273 sqft
Carpet
Bedroom2
Main13×10 ft130 sqft
Parquet
Bedroom3
Upper8×27 ft216 sqft
Carpet
Kitchen
Main27×16 ft432 sqft
Other
Living Room
Main11×17 ft187 sqft
Carpet
Listing insights
Market data and value estimates
StatusSold
Days on market424
Est. value$306,000
Est. rent$1,363/mo
Tax rate0.76%
Price/sqft$194
On marketOct 17, 2024
PostedOct 17, 2024
Last sold$287,500
MLS statusSold
MLS updatedFeb 18, 2025
Tour days6
Views2
How are the schools in Anderson?
3 schools rated nearby
Location
Anderson, IN, 46012
Price history
12 events
DateEventPrice$/sqftSource
Feb 14, 2025Sold$287,500$194MIBOR as distributed by MLS GRID
Jan 14, 2025Pending Sale$299,900$202MIBOR as distributed by MLS GRID
Nov 20, 2024Price Change$299,900$202MIBOR as distributed by MLS GRID
Nov 7, 2024Price Change$304,900$206MIBOR as distributed by MLS GRID
Oct 25, 2024Price Change$310,000$209MIBOR as distributed by MLS GRID
Oct 17, 2024Listed For Sale$315,000$213MIBOR as distributed by MLS GRID
May 22, 2024Listing Removed——MIBOR as distributed by MLS GRID
May 15, 2024Price Change$329,900$223MIBOR as distributed by MLS GRID
Apr 29, 2024Price Change$334,900$226MIBOR as distributed by MLS GRID
Apr 15, 2024Price Change$339,900$230MIBOR as distributed by MLS GRID
Apr 12, 2024Listed For Sale$359,900$243MIBOR as distributed by MLS GRID
Sep 19, 2008Sold$79,900$54MIBOR as distributed by MLS GRID
Sold$287,500
Feb 14, 2025•$194/sqft•MIBOR as distributed by MLS GRID
Pending Sale$299,900
Jan 14, 2025•$202/sqft•MIBOR as distributed by MLS GRID
Price Change$299,900
Nov 20, 2024•$202/sqft•MIBOR as distributed by MLS GRID
Price Change$304,900
Nov 7, 2024•$206/sqft•MIBOR as distributed by MLS GRID
Price Change$310,000
Oct 25, 2024•$209/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$315,000
Oct 17, 2024•$213/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
May 22, 2024•MIBOR as distributed by MLS GRID
Price Change$329,900
May 15, 2024•$223/sqft•MIBOR as distributed by MLS GRID
Price Change$334,900
Apr 29, 2024•$226/sqft•MIBOR as distributed by MLS GRID
Price Change$339,900
Apr 15, 2024•$230/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$359,900
Apr 12, 2024•$243/sqft•MIBOR as distributed by MLS GRID
Sold$79,900
Sep 19, 2008•$54/sqft•MIBOR as distributed by MLS GRID
Tax history
18 years of records
YearTax paidAssessed value
Apr 15, 2025$898$114,800
Apr 15, 2024$991$104,000
Apr 15, 2023$948$97,200
Apr 15, 2022$920$94,600
Apr 15, 2021$637$88,900
Apr 15, 2020$659$82,800
Apr 15, 2019$667$82,800
Apr 15, 2018$525$78,200
Apr 15, 2017$504$76,200
Apr 15, 2016$463$73,800
Apr 15, 2014$395$67,600
Apr 15, 2013$157$70,200
Apr 15, 2012$138$69,000
Apr 15, 2011—$80,100
Apr 15, 2010$284$84,500
Apr 15, 2009$312$82,300
Apr 15, 2006—$80,100
Apr 15, 2005—$78,000
Nearby homes
Neighborhood details
Local context around this listing
Anderson, IN • Madison County
Nearby cities
AlexandriaAndersonChesterfieldElwoodFortvilleFranktonLapelMarkleville
Nearby zip codes
46011460124601346014460154601646018
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Based on information submitted to the MLS GRID as of 2026-04-14 21:58:02 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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