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3862 W 500 Road N

Anderson, IN 46011

PendingListed Jul 25, 2026 · 14 days on market

Key facts

Beds
5
Baths
3 full
Living area
3,914 sqft
Lot
5.5 acres
Year built
1972
Type
Residential · Single Family Residence
Stories
Two
Garage
1 space
MLS #
22113545
County
Madison
Subdivision
No Subdivision

About this home

3862 W 500 RD N, ANDERSON, IN. Spanning an impressive 239,580 square feet, the expansive lot provides a great opportunity for someone with vision. Home was a rental home and is now empty. Perfect opportunity for an investor or someone willing to remodel what is existing. Home is sold as-is.

Description provided by the listing brokerage.

Interior

Appliances
Propane Water HeaterElectric OvenWasherRefrigeratorDryerDishwasherRange Hood
Interior features
Attic AccessWood Work PaintedWood Work StainedEat-in KitchenEntrance FoyerPantry
Flooring
Hardwood
Windows
ScreensVinyl Windows
Security
Fire Sprinkler SystemSmoke Detector(s)
Rooms
12
Main-level bedrooms
2

Exterior

Exterior features
StorageExterior Handicap AccessibleStorage Shed
Patio and porch
Deck
Construction
Vinyl Siding
Foundation
Crawl Space
Parking and garage
Attached
View
Trees/Woods
Other equipment
Smoke AlarmSatellite Dish

Systems

Heating
Forced AirPropane
Cooling
Central AirWindow Unit(s)
Water
Private
Utilities
See Remarks

Lot and HOA

Lot features
Rural - Not SubdivisionMature Trees

Schools

School district
Frankton-Lapel Community Schools

Taxes

Estimated annual tax
$1,234 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$965per month, estimated
Principal and interest $806Property tax $103Insurance $56
20% · $31,980
6.47%
Loan type
Loan term

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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Listed at$159,900
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