Attention investors and home flippers: Searching for your next project? This is it! Prepare to dive in and unlock the potential of this property. The virtually staged images offer a glimpse of its potential, highlighting how this hidden gem can truly shine. Positioned between Anderson University and the W 8th Historic District, the neighborhood is seeing significant rises in home values as properties are upgraded and bring premium prices. This property offers a spacious layout with great renovation potential. As you enter the home, you'll be greeted by a large Covered Porch with knotty pine that could become a relaxing sitting area. The spacious Living Room, positioned in the heart of the home, has original hardwood floors and exquisite trim and molding that highlight its original charm. This property features 3 nice-sized Bedrooms, each boasting hardwood flooring beneath the current carpeting, offering warmth and the potential for a stylish update. The Bonus room can be transformed into an Office, Playroom, or Fourth bedroom. The galley Kitchen comes equipped with a refrigerator and gas oven/range. The Formal Dining Room is spacious and provides the perfect space for entertaining guests or enjoying family meals. The Backyard is accessible via an alley and offers off-street parking. There's a new water heater, and recent repairs to the sewer line have been completed. This home requires significant renovations, but once updated, it could offer an excellent return on investment. Don't miss out on this opportunity to transform this fixer-upper.
Sold
$50,000
514 Ruddle Ave, Anderson, IN 46012
3beds
2,218sqft
Residential, Single Family Residence
Built in 1950
7,840.8 Square Feet Lot
$53,600 Zestimate®
$23/sqft
$1,258 Estimated rent
Home value
$53,600
$44,000 - $64,000
$1,258/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 12, 2025 at 08:03am
Listing Provided by:
Kevin Majeski 317-537-7115,
Carpenter, REALTORS®
Bought with:
Stuart Houghton
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 21996285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Features: Carpet
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Bonus room
- Features: Hardwood
- Level: Main
- Area: 135 Square Feet
- Dimensions: 27x5
Dining room
- Features: Hardwood
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13x16
Kitchen
- Features: Vinyl
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Laundry
- Features: Hardwood
- Level: Main
- Area: 96 Square Feet
- Dimensions: 16x6
Living room
- Features: Hardwood
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13x16
Heating
- Forced Air
Cooling
- Has cooling: Yes
Appliances
- Included: Gas Oven, Refrigerator
- Laundry: Connections All, Main Level
Features
- Attic Access, Hardwood Floors
- Flooring: Hardwood
- Windows: Wood Frames, WoodWorkStain/Painted
- Basement: Unfinished
- Attic: Access Only
Interior area
- Total structure area: 2,218
- Total interior livable area: 2,218 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: Alley Access, Gravel
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,840 sqft
- Features: Curbs, Sidewalks, Street Lights, Mature Trees
Details
- Parcel number: 481207302025000003
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
Condition
- Fixer
- New construction: No
- Year built: 1950
Utilities & green energy
- Water: Municipal/City
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Anderson
- Subdivision: J M Ruddells
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2024 | Sold | $50,000-23%$23/sqft |
Source:  MIBOR as distributed by MLS GRID #21996285 | ||
| 8/28/2024 | Pending sale | $64,900$29/sqft |
Source: MIBOR as distributed by MLS GRID #21996285 | ||
| 8/23/2024 | Price change | $64,900-7.3%$29/sqft |
Source: MIBOR as distributed by MLS GRID #21996285 | ||
| 8/16/2024 | Listed for sale | $70,000+112.8%$32/sqft |
Source: MIBOR as distributed by MLS GRID #21996285 | ||
| 11/1/2010 | Listing removed | $32,900$15/sqft |
Source: BROADWAY REALTY INC #21023414 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $606 +1.9% | $29,400 +8.5% |
| 2023 | $595 +7.1% | $27,100 +1.9% |
| 2022 | $556 +3.8% | $26,600 +7.7% |
Find assessor info on the county website
Neighborhood: 46012
Nearby schools
GreatSchools rating
- 5/10Tenth Street Elementary SchoolGrades: K-4Distance: 1.9 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 2.8 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Middle: Highland Middle School
- High: Anderson High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$53,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$53,600