1551 E 240 N, Anderson, IN 46012 Property Records

Madison County property record for 1551 E 240 N, Anderson, IN 46012

Property Summary

Property TypeSingle Family Home
Details3 bd · 2.5 ba · 2,805 sqft · built 1967
Lot Size0.551 acres (24,000 sqft)
OwnerCompany Name on File
Tax Bill$2,695 (2025)
Flood ZoneZone X (minimal risk)
APN13-0127-1-012

Property Details

APN / Parcel Number

Primary APN13-0127-1-012
Alternative APNs
  • 48-07-32-400-027.000-029
  • 00001316971

Interior

Bedrooms3 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Plumbing Fixtures10 Plumbing Fixtures
Total Rooms8 Rooms
Stories1 Story
Building Area2,805 sqft Living Area
1st Floor Area2,805 sqft
Basement Area577 sqft
Unfinished Basement577 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1967
Effective Year BuiltEffective 1967
Construction TypeBrick
Foundation TypeRaised
Roof MaterialAsphalt
Lot Area24,000 sqft (0.551 acres)
Lot Dimensions160 ft deep x 150 ft wide
Garage TypeAttached
Garage Area594 sqft
Parking Spaces2 Parking Spaces

Exterior Amenities

PorchPorch
Porch Area277 sqft
Patio Area1,200 sqft
Shed1 Shed
Shed Area187 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Account Number00001316971
Street Address1551 E 240 N
CityANDERSON
StateIN
Zip46012-1591
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionKILLBUCK TER 0.0000ACRES STR: 00000 SECTION: 1 PLAT: 00 IN: OUT:
Legal SubdivisionKILLBUCK TERRACE ADD SEC 01
JurisdictionMADISON IN
Township / Civil DivisionRICHLAND
Census Block Group1
Census Block1025
Census Tract1300

Owner

1551 E 240 N is owned by a company and is owner-occupied.

Source: Madison County records, as of October 13, 2026

Owner of RecordCompany Name on File
Mailing Address1551 E 240 N, ANDERSON, IN 46012-1591
OccupancyOwner Occupied
Owner TypeCompany
VestingLife Estate

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

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 1551 E 240 N was $2,695 with a homeowner's exemption, down 0.4% 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$2,695.00 (-0.44%) Homeowner's exemption$267,800 Land $40,500 Building $227,300$267,800 Land $40,500 Building $227,300
2024$2,707.00
2023$214,100 (+1.18%) Land $38,700 Building $175,400$214,100 (+1.18%) Land $38,700 Building $175,400
2022$4,803.00 Homeowner's exemption$211,600 Land $36,200 Building $175,400$211,600 Land $36,200 Building $175,400

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

Flood

FEMA maps place 1551 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

Wildfire risk around 1551 E 240 N is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 96% of the US · lower than 73% of Indiana
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

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.

Nearby Properties on E 240 N

Nearby Streets

Search Property Records by Address or Parcel Number