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227 S Elma Street

Anderson, IN 46012

ActiveListed Nov 14, 2026 · 1 day on market

Key facts

Beds
3
Baths
1 full
Living area
999 sqft
Lot
0.26 acres
Year built
1955
Type
Residential · Single Family Residence
Stories
One
Garage
1 space
MLS #
22136562
County
Madison
Subdivision
Fosnots

About this home

Thinking of "right-sizing"??? This brick ranch home built in 955, offers 999 square feet of thoughtfully designed living space. Now ready to move in, this charming home is located in Mustin Manor with easy access to I-69. The living room is bright with all the natural light. Three bedrooms, each providing a restful atmosphere, and one full bathroom scream functionality. The home's layout maximizes its square footage, ensuring that every corner of the living area serves a purpose. The eat-in kitchen is complete with all appliances. No more arguing who will wash the dishes. Practical needs are well-supported by a dedicated laundry room, which adds convenience to the daily household routine. The detached garage offers an add-on room which is perfect for a workshop or storage. Plus the covered patio make a great place for grillin' or chillin'! The spacious back yard is fully fenced with a chain link fence. The extra long drive adds parking for guests. Close to shopping too! Simply "right-size" and live comfortably. Come view this home.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerGas Water HeaterElectric OvenRange HoodRefrigeratorWasher
Interior features
Wood Work PaintedEat-in KitchenHi-Speed Internet Availbl
Kitchen
Kitchen Updated
Other rooms and areas
Utility Room
Laundry
Main Level
Windows
Vinyl Windows
Rooms
6
Main-level bedrooms
3

Exterior

Patio and porch
Covered
Construction
Aluminum SidingBrick
Foundation
Block
Style
Bungalow
Parking and garage
Detached
Fencing
Full
Other equipment
Smoke Alarm

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public
Utilities
Cable ConnectedNatural Gas Connected

Lot and HOA

Lot features
Trees-Small (Under 20 Ft)

Schools

High school
Anderson High School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$810 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Price history

Every listing, price change and sale we have on record for this home.

DateEventPrice$/sq ft
Listed for sale$140,000$140 / sq ft

Properties displayed may be listed or sold by various participants in the MLS.

Information deemed reliable but is not guaranteed accurate.

© 2026 MIBOR REALTOR® Association

Based on information submitted to the Broker Listing Cooperative listing service as of November 15, 2026

Estimate your monthly payment

$822per month, estimated
Principal and interest $706Property tax $68Insurance $49
20% · $28,000
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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Address
227 S Elma Street, Anderson, IN 46012
County
Madison
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Listed at$140,000
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