1407 E 240 N, Anderson, IN 46012 Property Records

Madison County property record for 1407 E 240 N, Anderson, IN 46012

Property Summary

Property TypeSingle Family Home
Details3 bd · 1.5 ba · 1,372 sqft · built 1966
Lot Size0.331 acres (14,400 sqft)
OwnerIndividual Name on File
Last Sale$120,400 (Jan 2019)
Tax Bill$1,888 (2025)
Deeds & MortgagesSep 2019 Mortgage
Dec 2020 Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN13-0127-1-006

Property Details

APN / Parcel Number

Primary APN13-0127-1-006
Alternative APNs
  • 48-07-32-300-011.000-029
  • 00001316695

Interior

Bedrooms3 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Plumbing Fixtures7 Plumbing Fixtures
Total Rooms8 Rooms
Stories1 Story
Building Area1,372 sqft Living Area
1st Floor Area1,372 sqft

Exterior

Year BuiltBuilt 1966
Effective Year BuiltEffective 1990
Construction TypeBrick
Foundation TypeRaised
Roof MaterialMetal
Lot Area14,400 sqft (0.331 acres)
Lot Dimensions160 ft deep x 90 ft wide
Garage TypeMixed
Garage Area1,038 sqft
Parking Spaces4 Parking Spaces
PorchPorch
Porch Area180 sqft
Patio Area352 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Account Number00001316695
Street Address1407 E 240 N
CityANDERSON
StateIN
Zip46012-9582
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionKILLBUCK TER 0.0000ACRES STR: 00000 SECTION: 1 PLAT: 00 IN: OUT:
Legal SubdivisionKILLBUCK TERRACE ADDITION
JurisdictionMADISON IN
Township / Civil DivisionRICHLAND
Census Block Group1
Census Block1025
Census Tract1300

Owner

1407 E 240 N is owned and occupied by an individual who bought it in January 2019.

Source: Madison County records, as of June 23, 2026

Owner of RecordIndividual Name on File
Mailing Address1407 E 240 N, ANDERSON, IN 46012-9582
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Sep 12, 2019Deed of Trust, Mortgage · VA Mortgage
LOW VA RATES
Dec 7, 2020Deed of Trust, Mortgage · VA Mortgage
LOW VA RATES
Sep 24, 2021Deed of Trust, Mortgage · VA Mortgage
LOAN DEPOT INC
Jan 7, 2019Warranty Deed, Transfer · VA Mortgage
LOW VA RATES

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJan 7, 2019 · Amount on File
Deed SaleJan 7, 2019 · Amount on File
Prior SaleFeb 22, 2008 · Amount on File
Deed Document Number2019259
Record UpdatedOct 29, 2026

September 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMADISON IN
Property Address1407 E 240 N, ANDERSON, IN 46012-9582
Transaction TypeMortgage
Record UpdatedAug 8, 2022
Title CompanyELEVATED TITLE LLC, ELEVATED TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2019R12744
DateSep 12, 2019
Instrument2019R12744
Lender
NameLOW VA RATES
TypeFunding / Finance Company
Agreement
TypeVA Mortgage
AmountAmount on Record
Term360 Months
DueOct 1, 2049
Interest
Rate TypeFixed Rate

December 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMADISON IN
Property Address1407 E 240 N, ANDERSON, IN 46012-9582
Transaction TypeMortgage
Record UpdatedAug 8, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2020R18979
DateDec 7, 2020
Instrument2020R18979
Lender
NameLOW VA RATES
TypeFunding / Finance Company
Agreement
TypeVA Mortgage
AmountAmount on Record
Term360 Months
DueNov 1, 2050
Interest
Rate TypeFixed Rate

September 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMADISON IN
Property Address1407 E 240 N, ANDERSON, IN 46012-9582
Transaction TypeMortgage
Record UpdatedAug 8, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2021R18375
DateSep 24, 2021
Instrument2021R18375
Lender
NameLOAN DEPOT INC
TypeFunding / Finance Company
Agreement
TypeVA Mortgage
AmountAmount on Record
Term360 Months
DueOct 1, 2051
Interest
Rate TypeFixed Rate

January 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMADISON IN
Recording DateJan 7, 2019
Property Address1407 E 240 N, ANDERSON, IN 46012-9582
Document Number2019R00259
Map ReferencePB 12 PG 8
Instrument DateDec 27, 2018
Instrument2019R00259
Transaction TypeTransfer
Record UpdatedAug 8, 2022

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1407 E 240 N, ANDERSON, IN 46012-9582
InvestorPossibly a Property Investor

Mortgage

Document Number2019R00260
DateJan 7, 2019
Instrument2019R00260
Lender
NameLOW VA RATES
TypeFunding / Finance Company
Agreement
TypeVA Mortgage
AmountAmount on Record
Term372 Months
DueJan 1, 2049
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

The 2025 property tax bill for 1407 E 240 N was $1,888 with a homeowner's exemption, up 63% from the year before.

Source: Madison County assessment roll, as of June 23, 2026

Property Jurisdictions

TypeName
StateIndiana
CountyMadison County
County SubdivisionRichland Township
Unified School DistrictAnderson Community School Corporation (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,888.00 (+63.04%) Homeowner's exemption$189,400 Land $24,300 Building $165,100$189,400 Land $24,300 Building $165,100
2024$1,158.00
2023$123,600 (+1.23%) Land $23,200 Building $100,400$123,600 (+1.23%) Land $23,200 Building $100,400
2022$1,452.00 Homeowner's exemption$122,100 Land $21,700 Building $100,400$122,100 Land $21,700 Building $100,400

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1407 E 240 N in Zone X, an area of minimal flood risk, though there have been 6 flood claims nearby since 1992.

Source: FEMA National Flood Hazard Layer, effective August 10, 2019 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies3 in force
Nearby Flood Claims6 (1992–2026)
Claims Outside the SFHA6 of 6
Most Recent ClaimAug 2026 · Severe Storms, Straight-line Winds, Tornadoes, And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 1407 E 240 N has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemANDERSON WATER DEPARTMENT
serves 55,212 people · EPA ID IN5248002
Water SourceGroundwater influenced by surface water
Last State InspectionFeb 2026
Lead1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityE. coli
resolved · Dec 2024
Treatment and ProcedureCorrosion control
Jan 2026
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 86 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL
5,000 / 5,000
Xfinity
Cable
1,200 / 35

May also be available: BridgeMAXX Suncoast Broadband.

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