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131 W 13th Street

Anderson, IN 46016

ActiveListed Sep 2, 2026 · 10 days on market

Key facts

Lot
0.1 acres
Year built
1900
Type
Residential Income · Duplex
Garage
2 spaces
MLS #
22124076
County
Madison
Subdivision
No Subdivision

About this home

Investor Special! This Anderson duplex checks all the boxes. Rented at $1,600/month its ready to beat the 1% rule. Each unit is separately metered for tenants to cover all utilities. Major updates completed: new siding (2022), some new windows, updated flooring & carpet (2022), plus new appliances, furnace, and water heater (2024). With big-ticket improvements handled and tenant-paid expenses, this is a low-maintenance property with strong cash flow potential. Convenient location near downtown Anderson and easy access to I-69. Ideal addition to any investor portfolio or a perfect house-hack opportunity.

Description provided by the listing brokerage.

Exterior

Parking and garage
Detached

Schools

School district
Anderson Community School Corp

Taxes

Estimated annual tax
$1,142 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$818per month, estimated
Principal and interest $675Property tax $95Insurance $47
20% · $26,800
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$134,000
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