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5 W 38th Street

Anderson, IN 46013

PendingListed Oct 5, 2026 · 10 days on market

Key facts

Lot
0.14 acres
Year built
1932
Type
Residential Income · Duplex
Stories
One
MLS #
22129625
County
Madison
Subdivision
Belvidere

About this home

Discover a unique opportunity at 5 W 38th ST, ANDERSON, IN, USA. This 1408 square foot duplex, set on a generous 6098 square foot lot, presents a distinctive living arrangement across its single story. This property offers an intriguing canvas for those seeking flexibility and potential. The duplex configuration provides separate living spaces, ideal for multi-generational living, income generation, or a live-work setup. Each unit within this 1.0-story structure offers the privacy and independence desired in a modern dwelling. Envision the possibilities this duplex offers for a lifestyle tailored to your needs. Property has a newer metal roof and Rhino Shield paint. Billboard on property goes with property and generates income. Schedule your private viewing to fully appreciate the potential of this compelling property.

Description provided by the listing brokerage.

Interior

Laundry
Laundry Closet

Exterior

Exterior features
Storage Shed
Roof
Metal
Construction
Wood Siding
Foundation
Crawl Space
Style
Bungalow
Parking and garage
Alley AccessGravel

Systems

Heating
Forced AirGas
Cooling
Window Unit(s)

Lot and HOA

Lot features
SidewalksStorm SewerStreet Lights

Schools

Middle school
Highland Middle School
High school
Anderson High School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$1,626 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$636per month, estimated
Principal and interest $468Property tax $136Insurance $33
20% · $18,580
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$92,900
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