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Anderson, IN, 46016 • 46016 • Madison County
$64/sqft
Down payment assistance available
3Beds
1Baths
2,254Sqft
0.15 acLot
1900Built
Traditional Style
Built 1900 · 126 years of history
Woodlawn W Add
46016
This home is getting attention
Listed 23 days ago · 649 views · 32 saves
Demand and pricing signals for this listing
649 views
People checking out this listing
32 saves
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23 days on market
Recently listed
$64/sqft
Price per square foot
This home ranks in the top 22% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family · Built 1900 · Historic
Turnkey Rental - Fully Renovated from the Studs Up Investment Opportunity: Currently rented for $1,469 per month, with the tenant paying all utilities and handling lawn care, creating a low-maintenance income property. At the $145,000 list price, the property delivers approximately a 1% rent-to-price ratio, a metric many investors seek. This 3-bedroom, 1-bathroom home offers approximately 1,500 sq ft of living space and sits on a spacious 6,700 sq ft lot with a large backyard. Conveniently located with easy highway access and just a 4-minute drive to Anderson's downtown historic district, making it attractive for long-term tenants. The home was fully renovated in 2022 from the studs up, with extensive improvements including: Exterior: new roof, fascia, siding, gutters, exterior paint, concrete work, and windows. HVAC: new furnace, AC unit, water heater, thermostat, and gas meter. Plumbing: new underground water line, updated interior plumbing lines and fixtures, and washer/dryer hookups. Electrical: complete rewire with new panel, meter, and modern light fixtures. Interior: new drywall, paint, flooring, trim, cabinets, quartz countertops, doors, vanities, and stainless steel appliances. With major systems, structure, and interior finishes all replaced in 2022, this property offers investors a turnkey rental with minimal near-term maintenance needs. Strong rental income, extensive renovations, and low owner expenses make this a compelling addition to any portfolio.
Standout features identified
Our analysis highlights modern light fixtures, exterior paint, and quartz countertops as key attractions of this home.
Based on current rates
Est. 6.83% rate · 30yr fixed · $116,000 loan
Full calculator →Key facts and listing details
7 categories of property features
6 rooms detailed
Master Bedroom
MainBedroom2
MainBedroom3
BasementKitchen
MainLiving Room
MainMud Room
MainMarket data and value estimates
3 schools rated nearby
Anderson, IN, 46016
12 events
18 years of records
Local context around this listing
Anderson, IN • Madison County
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-09 02:57:48 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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