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5941 Madison Ave

Anderson, IN 46013

1 bd 2 ba 2,202 sqft Built 1991 Lot 41,774 sqft single_family
Most recent sale
$325,000
Jul 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2022 Sold $325,000 Public Record
Jul 6, 2022 Sold $325,000 IRMLS
May 24, 2022 Listed $339,000 MLS #202219932
Sep 10, 2021 Sold $290,000 Public Record
Mar 3, 2017 Sold $179,900 Public Record
Feb 23, 2017 Listing removed $179,900 MIBOR
Jan 2, 2017 Listed $179,900 MLS #21458608

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $280,000 $20,000 $300,000 $3,370
2023 $221,300 $19,000 $240,300 $2,697
2022 $178,900 $18,300 $197,200 $2,190
2021 $144,800 $18,100 $162,900 $2,249
2020 $143,900 $17,300 $161,200 $2,218
2019 $137,100 $17,300 $154,400 $2,122
2018 $135,400 $17,300 $152,700 $2,102
2017 $134,200 $17,300 $151,500 $1,865
2016 $123,800 $17,300 $141,100 $1,491
2015 $143,400 $17,800 $161,200 $1,750
2014 $141,200 $17,800 $159,000 $1,730
2013 $141,800 $17,800 $159,600 $1,744
2012 $136,400 $17,800 $154,200 $1,562
2011 $147,100 $20,000 $167,100 $1,697
2010 $147,100 $20,000 $167,100 $8,427
2009 $147,900 $20,800 $168,700 $8,461
2008 $140,500 $22,400 $162,900 $1,672
2006 $149,500 $27,000 $176,500 $1,877

Property facts

Year built
1991
Property type
single_family
Stories
2
Beds
1
Baths
2
Living area
2,202 sqft
Lot size
41,774 sqft
ZIP code
46013
City
Anderson
Street
Madison Ave
Coordinates
40.05477, -85.69266

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,303
Gross rental yield
12.20%
Implied cap rate
7.93%
Trend-extrapolated value

Frequently asked questions

When did 5941 Madison Ave last sell?
5941 Madison Ave most recently sold on Jul 7, 2022 for $325,000.
What is the current tax assessment for 5941 Madison Ave?
The most recent total assessment for 5941 Madison Ave (year 2024) is $300,000 with $3,370 in property tax.
How does 5941 Madison Ave's assessment compare to its last sale price?
The current assessment is 7.7% below the last sale price of $325,000.
When was 5941 Madison Ave built?
5941 Madison Ave was built in 1991.
How does 5941 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 5941 Madison Ave?
5941 Madison Ave is a 1 bed, 2 bath, 2,202 sqft, 41,774 sqft lot single_family.
Is 5941 Madison Ave a flip candidate?
No — 5941 Madison Ave does not appear in our flips dataset.
Is 5941 Madison Ave a tax-appeal candidate?
No — 5941 Madison Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.7%
Implied 1-yr
+14.7%
2026 Q3
$223.3K
2026 Q4
$229.9K
ZIP 46013 — Median Price History + Forecast

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