Key facts
- Beds
- 3
- Baths
- 1 full
- Living area
- 1,016 sqft
- Lot
- 0.22 acres
- Year built
- 1920
- Type
- Residential · Single Family Residence
- Stories
- One
- MLS #
- 22075422
- County
- Madison
- Subdivision
- Peach Place
- Total building area
- 1,524 sqft
About this home
Investor Alert! Don't miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $1468/mo (HUD, MTM - owner pays utilities (avg $220/mo)) - well over the 2% rule!! The home sits on a deep lot and has 3 bedrooms, 1 bathroom, and just over 1000 sq ft of finished living space and a partial unfinished basement. Huge covered front porch and large partially fenced rear yard. No HOA! Excellent location within blocks of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is.
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Basement
- Rooms
- 5
- Main-level bedrooms
- 3
- Condition
Exterior
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
- Fencing
Systems
- Heating
- Water
Schools
- School district
- Anderson Community School Corp
Taxes
- Estimated annual tax
- $1,100 / 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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