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1405 W 4th Street

Anderson, IN 46016

ActiveListed Oct 19, 2026 · 1 day on market

Key facts

Beds
3
Baths
1 full
Living area
1,512 sqft
Lot
0.15 acres
Year built
1910
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22128482
County
Madison
Subdivision
Evalyn

About this home

Amazing opportunity to purchase a balanced 4 property / 6 unit investment portfolio in the established Anderson market. Being sold as part of a portfolio package for $460,000 along with another single family home at 1504 Dewey Street (22130027) and two duplexes located at 815-821 E 19th Street (22127805) and 1207-1209 E 11th Street (22128023). Potential rental income of $1590/month for this property and a total GRI of $7240 a month for all 6 units combined when utilizing current AHA Fair Market Rent values for each property. Listing agent is actively working with AHA to place tenants in all units. Listing agent will update listing description as tenants are placed. Currently this property is vacant.

Description provided by the listing brokerage.

Interior

Appliances
Gas OvenRange HoodRefrigerator
Windows
Vinyl Windows
Rooms
7
Main-level bedrooms
3

Exterior

Patio and porch
Covered
Construction
Vinyl Siding
Foundation
Block
Style
Bungalow
Parking and garage
Detached

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Schools

Middle school
Highland Middle School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$1,370 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$653per month, estimated
Principal and interest $504Property tax $114Insurance $35
20% · $20,000
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$100,000
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