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820 W 3rd Street

Anderson, IN 46016

ActiveListed Oct 13, 2026 · 5 days on market

Key facts

Lot
0.14 acres
Year built
1875
Type
Residential Income · Triplex
Stories
Multi/split
Garage
1 space
MLS #
22131730
County
Madison
Subdivision
Park

About this home

INVEST & INVEST in Anderson, Indiana, a distinctive triplex built in 1875 that captures the charm of an old farm house. Offering 1,214 square feet of living space, this 1.5-story property stands as a testament to historic character. Turned into a tri-plex for investment. Live in the two bedroom apartment on the main level. Living room, dining and spacious kitchen with the enclosed front porch. Hardwood floors and original trim. While renting the main level efficiency apartment and the one bedroom upstairs unit for additional income! The home showcases a classic bungalow style, that creates an inviting street presence. Covered back porch and the enclosed front porch add outdoor enjoyment to the main unit. The one car detached garage is great for storage. The units share laundry in the basement. Great way to start your investing.

Description provided by the listing brokerage.

Interior

Laundry
In Basement
Condition
Fixer

Exterior

Exterior features
Storage Shed
Roof
Asbestos Shingle
Construction
Aluminum Siding
Style
Split Level
Parking and garage
Detached

Systems

Heating
Forced AirNatural Gas
Cooling
Window Unit(s)

Lot and HOA

Lot features
BuslineCity LotSidewalks

Schools

Middle school
Highland Middle School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$1,380 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$735per month, estimated
Principal and interest $580Property tax $115Insurance $40
20% · $23,000
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$115,000
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