Key facts
- Beds
- 3
- Baths
- 1 full
- Living area
- 1,379 sqft
- Lot
- 0.04 acres
- Year built
- 1904
- Type
- Residential · Single Family Residence
- Stories
- One
- MLS #
- 22070367
- County
- Madison
- Subdivision
- Evalyn
- Total building area
- 2,076 sqft
About this home
Excellent investment opportunity in Anderson! This property at 321 Madison Ave offers strong potential for renovation or full rehab. Ideal for investors seeking to add value and build equity through updates. The home requires interior and exterior renovation, but once restored, it could serve as a profitable flip or long-term rental. Conveniently located near amenities, schools, and major routes. Sold as-is-seller will make no repairs. Use caution when showing.
Description provided by the listing brokerage.
Interior
- Interior features
- Fireplaces
- 2
- Fireplace type
- Rooms
- 5
- Main-level bedrooms
- 3
Exterior
- Construction
- Foundation
- Style
Systems
- Heating
- Water
Schools
- Middle school
- Highland Middle School
- School district
- Anderson Community School Corp
Taxes
- Estimated annual tax
- $1,026 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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