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826 Nichol Avenue

Anderson, IN 46016

ActiveListed Sep 16, 2026 · 2 days on market

Key facts

Lot
0.12 acres
Year built
1950
Type
Residential Income · Duplex
Stories
Two
MLS #
22124529
County
Madison
Subdivision
No Subdivision

About this home

Great Duplex Opportunity - Space, Updates & Income Potential! Whether you're looking to expand your investment portfolio or considering a property with multiple living spaces, this well-maintained duplex is worth a look! Each unit offers 3 bedrooms, 1 full bath, a comfortable living room, dedicated laundry space, and a welcoming entry/foyer. Both units provide plenty of living space with practical layouts. Unit A features newer updates and finishes, including new flooring throughout, a spacious laundry room, and plenty of natural light. The downstairs also has a new water heater. Unit B offers 3 bedrooms, 1 bath, laundry conveniently located off the kitchen, and a newer furnace. Outside, you'll find a nice-sized backyard with room to relax, entertain, or enjoy outdoor activities, along with partial fencing for added privacy. This property has been well cared for and maintained, making it a great opportunity for an investor or someone looking for the flexibility a duplex can provide.

Description provided by the listing brokerage.

Interior

Basement
Cellar
Laundry
Main LevelUpper Level

Exterior

Roof
RubberShingle
Construction
Vinyl Siding
Foundation
Brick/MortarBrick
Style
A-Frame
Parking and garage
On Street

Systems

Heating
Forced Air

Schools

High school
Anderson Preparatory Academy
School district
Anderson Preparatory Academy

Taxes

Estimated annual tax
$1,800 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,093per month, estimated
Principal and interest $882Property tax $150Insurance $61
20% · $34,980
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$174,900
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