Key facts
- Beds
- 2
- Baths
- 1 full
- Living area
- 1,026 sqft
- Lot
- 0.12 acres
- Year built
- 1956
- Type
- Residential · Single Family Residence
- Stories
- One
- Garage
- 1 space
- MLS #
- 22129638
- County
- Madison
- Subdivision
- No Subdivision
About this home
Solid one-level brick ranch with sturdy bones and immediate rental income already in place. This 2-bedroom, 1-bathroom home sits on its own lot (no subdivision) in Anderson and offers a fully fenced backyard. Currently tenant-occupied and producing rental income, it is fully functional and livable in its present condition while offering clear upside for cosmetic updates and light TLC. Perfect for anyone who wants the quiet rural feel with a short drive to the energy of the city. Ideal for a beginning investor looking for a straightforward first property, or a seasoned investor wanting a simple cash-flowing hold. Brick exterior, single-story layout, and an established tenancy make this an easy entry point. This is also perfect for anyone who is looking for that quite rural feel with just a short drive to experience the bustling city life of Indianapolis!
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Other rooms and areas
- Laundry
- Security
- Rooms
- 4
- Main-level bedrooms
- 2
Exterior
- Exterior features
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
- Fencing
- View
Systems
- Heating
- Cooling
- Water
- Utilities
Lot and HOA
- Lot features
Schools
- Middle school
- Highland Middle School
- High school
- Anderson High School
- School district
- Anderson Community School Corp
Taxes
- Estimated annual tax
- $1,548 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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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