Key facts
- Beds
- 2
- Baths
- 1 full
- Living area
- 1,164 sqft
- Lot
- 0.48 acres
- Year built
- 1930
- Type
- Residential · Single Family Residence
- Stories
- One
- Garage
- 3 spaces
- MLS #
- 22131618
- County
- Madison
- Subdivision
- Raines Place
- Total building area
- 2,328 sqft
About this home
This 2-3 Bedroom, 1 Full Bath Ranch offers 1,164 Sq. Ft. on three parcels totaling 0.48 acre! A covered front porch welcomes you into the Foyer, leading to a versatile layout with an Eat-in Kitchen. The former third Bedroom currently serves as a Laundry Room and flexible-use space. An unfinished Basement provides additional storage and possibilities, while the spacious three-car Garage adds convenience and appeal. Enjoy existing rental income with potential to increase rents. Tenant rights remain in place through January. The three parcels back up to an additional 1.68 acres currently listed for sale separately, offering an opportunity for buyers interested in purchasing more land.
Description provided by the listing brokerage.
Interior
- Interior features
- Rooms
- 6
- Main-level bedrooms
- 2
Exterior
- Construction
- Foundation
- Style
- Parking and garage
Systems
- Heating
- Water
Lot and HOA
- Lot features
Schools
- Middle school
- Highland Middle School
- School district
- Anderson Community School Corp
Taxes
- Estimated annual tax
- $1,828 / 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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