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1523 W 20th Street

Anderson, IN 46016

ActiveListed Sep 26, 2026 · 1 day on market

Key facts

Lot
0.16 acres
Year built
1950
Type
Residential Income · Duplex
MLS #
22126750
County
Madison
Subdivision
Grandview

About this home

Updated 4-Bedroom Investment Property in Anderson! Investors, take a look at this 4-bedroom, 1.5-bath rental property currently leased for $1,458 per month. Numerous updates have been completed both inside and out, offering a move-in-ready investment with major improvements already in place. The home features a newer roof and furnace, along with updated electrical, plumbing, drywall, paint, and flooring. The kitchen and bathrooms were remodeled in 2024, adding to the home's updated appeal. The main level offers two bedrooms and an updated bathroom, while the upper level features two spacious bedrooms, providing a functional layout with plenty of room for tenants. Currently leased and producing rental income, this property offers an excellent opportunity for an investor looking for a well-maintained rental with significant recent improvements.

Description provided by the listing brokerage.

Schools

Middle school
Highland Middle School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$2,286 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$945per month, estimated
Principal and interest $706Property tax $191Insurance $49
20% · $28,000
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$140,000
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