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512 - 518 W 29th Street

Anderson, IN 46016

ActiveListed Aug 10, 2026 · 48 days on market

Key facts

Living area
960 sqft
Lot
0.13 acres
Type
Commercial Sale · Business
MLS #
22119555
County
Madison
Total building area
960 sqft

About this home

Unique commercial investment opportunity featuring a laundromat with 43 washers and 31 dryers in a variety of standard, double-load, and triple-load sizes. Additional equipment includes 8 folding tables, 11 laundry carts, a snack machine, pop machine, change machine, and wringer with sink. Not all machines are currently in working order. The property also includes a small tenant-occupied house currently rented month-to-month for $600 per month, with the tenant paying their own utilities. The back parcel and shed are included in the sale. The laundromat, house, equipment, and improvements are being sold AS IS.

Description provided by the listing brokerage.

Systems

Utilities
Electricity ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
commercial

Schools

Middle school
Highland Middle School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$396 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,650per month, estimated
Principal and interest $1,512Property tax $33Insurance $105
20% · $60,000
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.

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Listed at$300,000
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