Skip to content

515 W 29th Street

Anderson, IN 46016

ActiveListed Aug 10, 2026 · 8 days on market

Key facts

Beds
2
Baths
1 full
Living area
672 sqft
Lot
0.07 acres
Year built
1946
Type
Residential · Single Family Residence
Stories
One
MLS #
22119542
County
Madison
Subdivision
No Subdivision

About this home

Investment opportunity featuring a tenant-occupied 2-bedroom, 1-bath home. The property currently rents for $500 per month on a month-to-month basis, with the tenant paying their own utilities. This property is part of an estate and is being sold AS IS. A great opportunity to add an income-producing rental to your portfolio.

Description provided by the listing brokerage.

Interior

Appliances
Gas OvenRefrigerator
Interior features
Attic Access
Rooms
4
Main-level bedrooms
2

Exterior

Construction
Vinyl SidingWood Siding
Foundation
Crawl Space
Style
Bungalow

Systems

Heating
Natural Gas
Cooling
Central Air
Water
Public

Schools

School district
Anderson Community School Corp

Taxes

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

Estimate your monthly payment

$424per month, estimated
Principal and interest $378Property tax $20Insurance $26
20% · $15,000
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.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$75,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.