2440 S Madison Avenue Anderson, IN ^$ 149,000

2440 S Madison Avenue

^$ 149,000

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2440 S Madison Avenue

Anderson, IN, 46016

^$ 149,000

Studio Baths0.0 Sq 21,322

Monthly Estimate*

^$ 1,041

2440 S Madison Avenue, Anderson, IN 46016 - Image 1

2440 S Madison Avenue, Anderson, IN 46016 - Image 2

2440 S Madison Avenue, Anderson, IN 46016 - Image 3

2440 S Madison Avenue, Anderson, IN 46016 - Image 4

Studio

Commercial Property for sale in Anderson, IN

for $149,000. This 21,322 square foot building was built in 1941 on a lot size of 0.74.

This older industrial complex consists of two conjoined buildings for a total of 21,321 square foot under roof. The building has potential for industrial, warehouse, distribution center or commercial use, but needs significant renovation. Zoning classification is I-1. "AS-IS" sale only, and Seller will make no repairs.

Commercial Active

Price

^$ 149,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,986

Style

Mixed Use

Lot Size

0.74

Year Built

1941

Town/City

Anderson

County/Region

Madison

MLS | Web ID

21946068

Features

General

Utilities Electricity Connected Gas

Possession Closing

Roof Flat

Zoning I 1

Year Built 1941

Stories 2

Township Anderson SW

Property SubType Mixed Use

Tax Year 2023

Current Use See Remarks

Building Name HARDMANS

Additional Parcels Description 481113303209000003

County Madison

New Construction N

Property Type Commercial Sale

Subdivision Name Hardmans

Possible Use CommMulTen CommSglTen Industrial

Status Active

Directions Use GPS

City Anderson

Buyer Agent Compensation 3

High School District Anderson Community School Corp

MLS Area 4812 - Madison - Anderson SW

Lot Size Square Feet 32234

Street Name Madison

Current Financing NotApplicable SeeRemarks

Additional Parcels Y/N Y

Days on Market 132

Standard Status Active

Tax Lot 481123100003000003

Buyer Agent Compensation Type %

Legal Description Parcels 481123100003000003 481113303207000003 481113303208000003 481113303206000003 and 481113303209000003 containing .74 acres more or less.

Exterior

Parking Features Common

Building Area Total 21322

Lot Size Acres 0.74

Road Surface Type Asphalt

Road Frontage Type City Street

Interior

Street Suffix Avenue

* Excluded Features

List By

Re/Max Real Estate Solutions

Broker

jimbittner@remax.net

Affordability Calculator

$1,456

Per Month

Monthly Principal & Interest: $1,041
Monthly Property Taxes: $416
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Anderson, IN

Average List Price ^$352,109

Percent of Sale Price 136%

About Anderson, IN

55,687 Population

-8% Since 2002

^$35,343 Median Income

38.12 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4044991 Elementary School

4045006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/7/2024	$149,000	-14.86%	Price Down
10/26/2023	$175,000	-10.26%	Price Down
9/29/2023	$195,000		Listed Price

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2440 S Madison Avenue, Anderson, IN, 46016 is a Commercial Property for sale at $149,000 with 21,322 sqft and a lot size of 0.74. 2440 S Madison Avenue is a studio with 0.0 baths and was built in 1941. The property's zip code is 46016 which is in Anderson, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/3/2024.

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2440 S Madison Avenue

Commercial Property for sale in Anderson, IN

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