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1305 Nichol Ave

Anderson, IN 46016

3 bd 2 ba 1,428 sqft Built 1925 Lot 5,097 sqft single_family
Most recent sale
$46,900
Aug 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 11, 2022 Listed $89,000 MLS #21859847
May 13, 2022 Listed for rent $999 Avail
Aug 19, 2021 Sold $46,900 Public Record
Aug 17, 2021 Sold $46,900 MIBOR
Mar 2, 2017 Listing removed $16,900 MIBOR
Nov 4, 2016 Listed $16,900 MLS #21451716

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $63,200 $3,000 $66,200 $1,471
2023 $57,300 $2,900 $60,200 $1,392
2022 $76,300 $2,800 $79,100 $1,389
2021 $84,400 $5,300 $89,700 $2,083
2020 $84,400 $5,300 $89,700 $3,180
2019 $79,500 $5,300 $84,800 $2,993
2018 $72,200 $5,300 $77,500 $2,722
2017 $71,800 $5,300 $77,100 $1,598

Property facts

Year built
1925
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,428 sqft
Lot size
5,097 sqft
ZIP code
46016
City
Anderson
Street
Nichol Ave
Coordinates
40.10354, -85.69562

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$281
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value

Frequently asked questions

When did 1305 Nichol Ave last sell?
1305 Nichol Ave most recently sold on Aug 19, 2021 for $46,900.
What is the current tax assessment for 1305 Nichol Ave?
The most recent total assessment for 1305 Nichol Ave (year 2024) is $66,200 with $1,471 in property tax.
How does 1305 Nichol Ave's assessment compare to its last sale price?
The current assessment is 41.2% above the last sale price of $46,900.
When was 1305 Nichol Ave built?
1305 Nichol Ave was built in 1925.
How does 1305 Nichol Ave compare to others on Nichol Ave?
We track 8 other properties on Nichol Ave. Browse the list under "Other properties on Nichol Ave" to compare beds, baths, and sale history.
What are the property facts for 1305 Nichol Ave?
1305 Nichol Ave is a 3 bed, 2 bath, 1,428 sqft, 5,097 sqft lot single_family.
Is 1305 Nichol Ave a flip candidate?
No — 1305 Nichol Ave does not appear in our flips dataset.
Is 1305 Nichol Ave a tax-appeal candidate?
Yes — 1305 Nichol Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.3%
Implied 1-yr
+17.4%
2026 Q3
$141.3K
2026 Q4
$146.1K
ZIP 46016 — Median Price History + Forecast

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