OFF MARKET

Off Market Jan 2021 for $109K

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Studio

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— ba

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sq ft

507-509 Ruddle Ave, Anderson, IN 46012

About this home

This well maintained and updated brick ranch duplex near on a lightly travelled street is a turnkey investment! It has been completely modernized and renovated on the interior. Each unit has 2 bedrooms, 1 bath unit with private entries. featuring large great room, private patio ,and landscaped yard. Recent updates include modern flooring, new carpeting, and fresh paint. Both units currently rented. This property won't last long!

Multi-familyProperty Type

1965Year Built

7,688 sq ftLot Size

Listed by Jeff Weightman • Weightman Realty Group, LLC

Contact: weightmanrealty@aol.com

Bought with Madalynne Stanton • Jably's Property Mgmt & Real E

Redfin checked: a few seconds ago

•Source:MIBOR as Distributed by MLS Grid #21744496

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 46012, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.4%

0.4% MoM

Median sale price

$180K

$29K MoM

Avg. days on market

16d

6 days MoM

Recently sold homes

25 MoM

New listings for sale

NEW 14 HRS AGO
$389,900
4 beds3 baths3,547 sq ft
2319 Gregory Ln, Anderson, IN 46012
NEW 16 HRS AGO
$215,000
2 beds2 baths2,154 sq ft
1405 E 8th St, Anderson, IN 46012
$390,000
5 beds3 baths3,168 sq ft
2116 Heather Dr, Anderson, IN 46012
$200,000
3 beds2 baths1,200 sq ft
2516 Palomino Ct, Anderson, IN 46012
$150,000
3 beds1 bath1,600 sq ft
358 E 500 N, Anderson, IN 46012
$349,900
3 beds2 baths2,180 sq ft
1311 N 400 E, Anderson, IN 46012
3D WALKTHROUGH
$324,900
3 beds1.5 baths1,764 sq ft
5707 N State Road 9, Anderson, IN 46012
$210,000
4 beds1.5 baths1,868 sq ft
208 Cottonwood Dr, Anderson, IN 46012
$249,900
3 beds1 bath1,148 sq ft
101 Cottonwood Dr, Anderson, IN 46012
$249,900
3 beds1.5 baths1,476 sq ft
1128 E School St, Anderson, IN 46012
See all

Provided by Redfin

Sale history for 507-509 Ruddle Ave

Year

Property tax

Land + Additions

Assessment*

2025

$2,313 (−3.3%)

$8,600 + $99,100

$107,700

2024

$2,393 (+8.8%)

$8,600 + $99,100

$107,700

2023

$2,200 (+0.6%)

$8,600 + $99,100

$107,700

2022

$2,187 (+13.2%)

$8,300 + $90,000

$98,300

2021

$1,932 (+1.6%)

$7,800 + $89,900

$97,700

2020

$1,901 (+2.6%)

$7,700 + $78,100

$85,800

2019

$1,853 (+7.9%)

$7,400 + $76,700

$84,100

2018

$1,718 (+15.4%)

$7,400 + $74,500

$81,900

2017

$1,490

$7,600 + $66,800

$74,400

2016

$1,489 (−18.0%)

$7,600 + $66,800

$74,400

2015

$1,816 (+1.5%)

$7,600 + $77,700

$85,300

2014

$1,790

$7,900 + $82,700

$90,600

2013

$1,790

$7,900 + $81,400

$89,300

Tax history for 507-509 Ruddle Ave

Year

Property tax

Land + Additions

Assessment*

2025

$2,313 (−3.3%)

$8,600 + $99,100

$107,700

2024

$2,393 (+8.8%)

$8,600 + $99,100

$107,700

2023

$2,200 (+0.6%)

$8,600 + $99,100

$107,700

2022

$2,187 (+13.2%)

$8,300 + $90,000

$98,300

2021

$1,932 (+1.6%)

$7,800 + $89,900

$97,700

2020

$1,901 (+2.6%)

$7,700 + $78,100

$85,800

2019

$1,853 (+7.9%)

$7,400 + $76,700

$84,100

2018

$1,718 (+15.4%)

$7,400 + $74,500

$81,900

2017

$1,490

$7,600 + $66,800

$74,400

2016

$1,489 (−18.0%)

$7,600 + $66,800

$74,400

2015

$1,816 (+1.5%)

$7,600 + $77,700

$85,300

2014

$1,790

$7,900 + $82,700

$90,600

2013

$1,790

$7,900 + $81,400

$89,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

62 ft.

Lot depth

124 ft.

Lot size

7,688 Sq. Ft.

Year renovated

1985

Sq. Ft.

750

Year built

1965

Style

Multi-Family (2-4 Unit)

County

Madison County

APN

481207302036000003

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 10, 2026.

R-4

Residential District

The R4 District will permit residential use without limitation as to the number of families to be housed in a building so long as the prescribed lot area per family can be provided. Many multi-family dwellings and two-family dwellings occur in the R4 District, as well as many large older homes which would be suitable for conversion to multi-family use.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units

Property details

Parking

Parking Information
Unit Parking: 1 Car Space
Parking Features: Alley Access

Interior

Interior Sq. Ft. Information
Building Area Total: 0
Living Area: 0

Laundry Room Information
Laundry Features: No Laundry Facil.

Heating & Cooling
Cooling Information: Separate Meters

Multi-Family Financial Information
Owner Pays: Lawncare, Sewer, Water
Operating Expense Includes: Insurance, Maintenance, PropTaxes, Other
Gross Income: 14400
Expenses: 3447

Multi-Unit Information
Multi Beds: 4
Multi Baths: 2
# of Units: 2
Multi Rooms: 8

Unit Type 1 Information
Kitchen: 10x08
Levels: 1
Miscellaneous: Eat In Kitchen, Range/Oven, Refrigrater
Rent: 600
Rent Frequency: Monthly
Utilities: Cl Wind Unit, Fuel Gas, Heat Forced, Hot Wtr Gas

Unit Type 2 Information
Kitchen: 10x08
Levels: 1
Miscellaneous: Eat In Kitchen,Range/Oven,Refrigrater
Rent: 600
Rent Frequency: Monthly
Utilities: Cl Wind Unit,Fuel Gas,Heat Forced,Hot Wtr Gas

Exterior

Property Features
Conversion: No

Property Information
Property Type: Residential Income
Property Sub Type: Residential Units - 1 to 4

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.1765

Utilities

Utility Information
Utilities: Electricity Connected, Gas
Solid Waste Information: No
Building Utilities: Separate Gas Meter,Sewer,Water

Location

School Information
Schools: ANDERSON HIGH
High School District: Anderson Community School Corp

Location Information
Directions: From 8th Street and Ruddle Ave intersection turn North on Ruddle to the home on the West side of the street
Tax Legal Description: J M RUDDELLS 3RD 0.0000ACRES STR: 00000 SECTION: PLAT: 40 IN: OUT:

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 750
Stories: 1.0
Lot Size: 7,688 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1965
Year Renovated: 1985
County: Madison County
APN: 481207302036000003

Home facts updated by county records on Jul 10, 2026

Other

Listing Information
Attribution Contact: weightmanrealty@aol.com

Green Information
Green Certification YN: No

Home Information
Construction Materials: Brick
Structure Type: Apartment Complex, Duplex
Levels: One
Security Features: Smoke Alarm

Around this home

Schools

Tenth Street Elementary School

Public K-5 • Assigned • 1.9mi

3/10

Highland Junior High School

Public 7-8 • Assigned • 2.8mi

5/10

Anderson High School

Public 9-12 • Assigned • 3.3mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 18 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Anderson, IN • 46012

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in Anderson. 3 minutes to get started.

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New listings for sale in 46012

NEW 14 HRS AGO

$389,900

4 beds3 baths3,547 sq ft

2319 Gregory Ln, Anderson, IN 46012

NEW 16 HRS AGO

$215,000

2 beds2 baths2,154 sq ft

1405 E 8th St, Anderson, IN 46012

$390,000

5 beds3 baths3,168 sq ft

2116 Heather Dr, Anderson, IN 46012

$200,000

3 beds2 baths1,200 sq ft

2516 Palomino Ct, Anderson, IN 46012

$150,000

3 beds1 bath1,600 sq ft

358 E 500 N, Anderson, IN 46012

$349,900

3 beds2 baths2,180 sq ft

1311 N 400 E, Anderson, IN 46012

3D WALKTHROUGH

$324,900

3 beds1.5 baths1,764 sq ft

5707 N State Road 9, Anderson, IN 46012

$210,000

4 beds1.5 baths1,868 sq ft

208 Cottonwood Dr, Anderson, IN 46012

$249,900

3 beds1 bath1,148 sq ft

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Home values near 507-509 Ruddle Ave

Data from public records.

Address	Redfin Estimate
514 Ruddle Ave, Anderson, IN 3 Beds \| 1 Baths \| 2218 Sq. Ft.	$64,138
424 Ruddle Ave, Anderson, IN 6 Beds \| 3 Baths \| 1948 Sq. Ft.	$64,406

Address	Redfin Estimate
508 Ruddle Ave, Anderson, IN 3 Beds \| 2 Baths \| 3192 Sq. Ft.	$152,169
515 Ruddle Ave, Anderson, IN 4 Beds \| 2 Baths \| 1330 Sq. Ft.	$132,007

Address	Redfin Estimate
520 Ruddle Ave, Anderson, IN 4 Beds \| 2 Baths \| 1833 Sq. Ft.	$128,519
525 Ruddle Ave, Anderson, IN 4 Beds \| 2 Baths \| 3426 Sq. Ft.	—

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 46012, IN

Sale history for 507-509 Ruddle Ave

Tax history for 507-509 Ruddle Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 46012

Home values near 507-509 Ruddle Ave

More real estate resources