Hello and Welcome to ‘Ask A Doctor’ service. I have reviewed your query and here is my advice. The skin tag and the growth like thing you are feeling could be because of a long standing constipation or passing hard stools. I feel what you have is a chronic fissure with sentinel tag. It is due to mainly passing hard stools which cause repeated trauma to the anal region causing linear injury and causing pain and bleeding. to protect the skin starts covering the area forming sentinel tag. I feel you need to see a proctologist who will examine the area and suggest diet modification and local ointment for the same.High fiber diet, stool softener, sits bath and plenty of oral liquids is the main stay of treatment in this condition. Hope I have answered your query. Let me know if I can assist you further.