OFF MARKET

Off market jan 2021 for $109K

$160,275

Studio

•

— ba

•

—

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

$160,275

$51K since sold in January 2021$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 21.6% higher than the average sale price ($132K) of 6 comparable homes.

SOLD AUG 28, 2026
$140,000
A
3 beds2 baths1,402 sq ft
321 Milton, Anderson, IN 46012
SOLD SEP 30, 2026
$189,900
B
3 beds2 baths1,250 sq ft
901 Alhambra, Anderson, IN 46012
SOLD JUN 8, 2026
$70,000
C
3 beds1.5 baths1,630 sq ft
718 Ruddle Ave, Anderson, IN 46012
SOLD JUN 17, 2026
$74,000
D
1 bed2 baths880 sq ft
1111 E 7th St, Anderson, IN 46012
SOLD APR 2, 2026
$160,000
E
2 beds1 bath1,242 sq ft
1300 E 7th St, Anderson, IN 46012
SOLD DEC 22, 2025
$157,000
F
2 beds2 baths1,508 sq ft
334 Central Ave, Anderson, IN 46012

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 46012, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.3%

+0.6% MoM

Median sale price

$190K

$15K MoM

Avg. days on market

24d

9 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 5 HRS AGO
$575,000
5 beds3.5 baths2,888 sq ft
3533 Alexandria Pike, Anderson, IN 46012
NEW 7 HRS AGO
$245,000
3 beds2 baths1,532 sq ft
228 College Pkwy, Anderson, IN 46012
NEW 16 HRS AGO
$364,900
7 beds7.5 baths6,434 sq ft
425 Sylvan Rd, Anderson, IN 46012
NEW 31 HRS AGO
$399,900
4 beds1.5 baths1,918 sq ft
2942 N 200 East Rd N, Anderson, IN 46012
$139,000
2 beds1 bath936 sq ft
508 Iroquois Dr, Anderson, IN 46012
$210,000
3 beds2 baths1,236 sq ft
206 S Scatterfield Rd, Anderson, IN 46012
$289,000
2 beds2 baths1,744 sq ft
2719 Patriot Dr, Anderson, IN 46012
$284,900
3 beds2 baths2,010 sq ft
4601 Winter Dr, Anderson, IN 46012
OPEN SAT, 12PM TO 2PM
$219,900
3 beds1.5 baths1,302 sq ft
113 Magnolia Dr, Anderson, IN 46012
$169,900
3 beds1 bath1,098 sq ft
1021 Brunswick Way, 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 Sep 28, 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 Sep 28, 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

Estimated sale price

$153,000 – $185,000

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 5 HRS AGO

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3533 Alexandria Pike, Anderson, IN 46012

NEW 7 HRS AGO

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228 College Pkwy, Anderson, IN 46012

NEW 16 HRS AGO

$364,900

7 beds7.5 baths6,434 sq ft

425 Sylvan Rd, Anderson, IN 46012

NEW 31 HRS AGO

$399,900

4 beds1.5 baths1,918 sq ft

2942 N 200 East Rd N, Anderson, IN 46012

$139,000

2 beds1 bath936 sq ft

508 Iroquois Dr, Anderson, IN 46012

$210,000

3 beds2 baths1,236 sq ft

206 S Scatterfield Rd, Anderson, IN 46012

$289,000

2 beds2 baths1,744 sq ft

2719 Patriot Dr, Anderson, IN 46012

$284,900

3 beds2 baths2,010 sq ft

4601 Winter Dr, Anderson, IN 46012

OPEN SAT, 12PM TO 2PM

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3 beds1.5 baths1,302 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.	$68,080
424 Ruddle Ave, Anderson, IN 6 Beds \| 3 Baths \| 1948 Sq. Ft.	$71,133

Address	Redfin Estimate
508 Ruddle Ave, Anderson, IN 3 Beds \| 2 Baths \| 3192 Sq. Ft.	$144,583
515 Ruddle Ave, Anderson, IN 4 Beds \| 2 Baths \| 1330 Sq. Ft.	$132,048

Address	Redfin Estimate
520 Ruddle Ave, Anderson, IN 3 Beds \| 2 Baths \| 1833 Sq. Ft.	—
525 Ruddle Ave, Anderson, IN 4 Beds \| 2 Baths \| 3426 Sq. Ft.	$139,735

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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