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1932 Walnut Street

Anderson, IN 46016

ActiveListed Sep 26, 2026 · 1 day on market

Key facts

Beds
3
Baths
1 full
Living area
880 sqft
Lot
0.13 acres
Year built
1898
Type
Residential · Single Family Residence
Stories
One
Garage
1 space
MLS #
22126746
County
Madison
Subdivision
No Subdivision
Total building area
1,320 sqft

About this home

Updated Investment Property with Strong Rental Income! Add this well-maintained 3-bedroom, 1-bath home to your investment portfolio. Offering approximately 880 sq. ft. of functional living space, this property is currently rented for $1,475 per month, providing immediate rental income. The home received numerous updates in 2023, including a new furnace, new water heater, new kitchen cabinets, remodeled bathroom, updated plumbing, and updated electrical. These improvements provide peace of mind while offering tenants a comfortable and updated living space. With three bedrooms, an efficient layout, and significant recent improvements, this property presents a solid opportunity for an investor seeking an income-producing rental.

Description provided by the listing brokerage.

Interior

Appliances
Gas Water HeaterGas Oven
Interior features
High CeilingsWood Work Painted
Kitchen
Kitchen Updated
Windows
Vinyl Windows
Rooms
6
Main-level bedrooms
3

Exterior

Patio and porch
Covered
Construction
Vinyl Siding
Foundation
Block
Style
Cape Cod
Parking and garage
Detached
Other equipment
Smoke Alarm

Systems

Heating
Forced AirNatural Gas
Water
Public

Schools

School district
Anderson Community School Corp

Taxes

Estimated annual tax
$1,250 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$751per month, estimated
Principal and interest $605Property tax $104Insurance $42
20% · $24,000
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$120,000
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