242 E 500 S, Anderson, IN 46013 Property Records

Madison County property record for 242 E 500 S, Anderson, IN 46013

Property Summary

Property TypeSingle Family Home
Details3 bd · 1.5 ba · 1,556 sqft · built 1952
Lot Size1 acres (43,560 sqft)
OwnerIndividual Name on Record
Last Sale$145,000 (Jun 2018)
Tax Bill$1,148 (2025)
Deeds & MortgagesJun 2020 Mortgage
Jun 2018 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN01-0001-9-022

Property Details

APN / Parcel Number

Primary APN01-0001-9-022
Alternative APNs
  • 48-13-06-300-003.000-001
  • 00001078063

Interior

Bedrooms3 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Plumbing Fixtures7 Plumbing Fixtures
Total Rooms9 Rooms
Stories1 Story
Building Area1,556 sqft Living Area
1st Floor Area1,556 sqft

Exterior

Year BuiltBuilt 1952
Effective Year BuiltEffective 1970
Construction TypeStone
Foundation TypeRaised
Roof MaterialAsphalt
Lot Area43,560 sqft (1 acres)
Garage TypeAttached
Garage Area570 sqft
Parking Spaces2 Parking Spaces
Patio Area354 sqft
Shed1 Shed
Shed Area48 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Account Number00001078063
Street Address242 E 500 S
CityANDERSON
StateIN
Zip46013-3918
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionW2 SW 1.0000ACRES STR: 06188 SECTION: PLAT: 00 IN: OUT:
JurisdictionMADISON IN
Township / Civil DivisionADAMS
Census Block Group3
Census Block3016
Census Tract11400

Owner

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

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

Owner of RecordIndividual Name on Record
Mailing Address242 E 500 S, ANDERSON, IN 46013-3918
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Jun 3, 2020Deed of Trust, Mortgage · Conventional Mortgage
CHURCHILL MORTGAGE CORP
Jun 5, 2018Warranty Deed, Transfer · Conventional Mortgage
USAA FSB

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 5, 2018 · Amount on Record
Deed SaleJun 5, 2018 · Amount on Record
Prior SaleNov 20, 2006 · Amount on Record
Deed Document Number20187168
Record UpdatedOct 29, 2026

June 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMADISON IN
Property Address242 E 500 S, ANDERSON, IN 46013-3918
Transaction TypeMortgage
Record UpdatedJun 9, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2020R07493
DateJun 3, 2020
Instrument2020R07493
Lender
NameCHURCHILL MORTGAGE CORP
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term180 Months
DueJun 1, 2035
Interest
Rate TypeFixed Rate

June 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMADISON IN
Recording DateJun 5, 2018
Property Address242 E 500 S, ANDERSON, IN 46013-3918
Document Number2018R07168
Instrument DateMay 31, 2018
Instrument2018R07168
Transaction TypeTransfer
Record UpdatedJun 9, 2023

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address242 E 500 S, ANDERSON, IN 46013-3918

Mortgage

Document Number2018R07169
DateJun 5, 2018
Instrument2018R07169
Lender
NameUSAA FSB
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJun 1, 2048
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIndiana
CountyMadison County
County SubdivisionAdams Township
Unified School DistrictSouth Madison Community School Corporation (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,148.00 (+18.72%) Homeowner's exemption$157,800 (+21.01%) Land $22,700 Building $135,100$157,800 (+21.01%) Land $22,700 Building $135,100
2024$967.00 (-11.28%)
2023$130,400 (+0.85%) Land $21,700 Building $108,700$130,400 (+0.85%) Land $21,700 Building $108,700
2022$1,090.00$129,300 Land $20,600 Building $108,700$129,300 Land $20,600 Building $108,700

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

Flood

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
Nearby Flood Policies4 in force
Nearby Flood Claims8 (1993–2026)
Most Recent ClaimAug 2026 · Severe Storms, Straight-line Winds, Tornadoes, And Flooding
Claims by Event
  • Severe Storms, Straight-line Winds, Tornadoes, And Flooding, Aug 2026 · 3 claims
  • Severe Storms, Flooding, And Tornadoes, Jun 2008 · 2 claims

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

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

Wildfire RiskLow
lower than 94% of the US · lower than 63% of Indiana
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

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

Internet Providers

Source: FCC Broadband Data Collection, based on 65 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
1,200 / 35
Starlink
Satellite
280 / 30

May also be available: AT&T, Mercury Fiber, Verizon.

Nearby Properties on E 500 S

Nearby Streets

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