Sold100d on marketHistoric · 126 yrs
424 W 3rd St
Anderson, IN, 46016 • 46016 • Madison County
$50,000
$32/sqft
4Beds
1Baths
1,574Sqft
0.29 acLot
1900Built
Property DNA
Ranch Style
Built 1900 · 126 years of history
Matters
46016
This home is getting attention
Listed 100 days ago · 7 views
Market activity
Demand and pricing signals for this listing
7 views
People checking out this listing
100 days on market
Established listing
$32/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 37% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1900 · Historic
Investor Alert! Don't miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $900/mo (tenant pays utilities) - nearly hitting the 2% rule!! The home sits on a corner lot and has 4 bedrooms, 1 bathroom, and nearly 1300sq ft of finished living space with a small unfinished basement. Large rear fenced yard with huge storage shed. No HOA! Excellent location within blocks of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is.
Standout features identified
Our analysis highlights corner lot and large rear fenced yard as key attractions of this home.
Estimated monthly payment
Based on current rates
$326/month
Principal & Interest$259
Property Tax$50
Insurance$17
Down payment20% ($10,000)
3%50%
Est. 6.75% rate · 30yr fixed · $40,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1900
HeatingForced Air
CoolingCentral Air
ParkingNo Data
Lot0.29 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1900
Stories1
Systems
HeatingForced Air
CoolingCentral Air
ConstructionOther
Water / SewerPublic
Parking & Outdoor
FencingFenced,Chain Link,Full
Lot0.29 Acres
Location & Tax
Neighborhood46016
Annual tax$740
Parcel481112204020000003
Bathrooms & Fees
Full baths1
Features & details
5 categories of property features
Interior Features
Appliances
Electric Oven
Refrigerator
Heating
Forced Air
Cooling
Central Air
Exterior Features
Construction
Other
Lot Features
Corner Lot
Room details
6 rooms detailed
Master Bedroom
Main13×13 ft169 sqft
Bedroom2
Main12×12 ft144 sqft
Bedroom3
Main9×7 ft63 sqft
Bedroom4
Main12×10 ft120 sqft
Kitchen
Main11×13 ft143 sqft
Living Room
Main12×16 ft192 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market100
Est. value$50,800
Est. rent$1,156/mo
Tax rate0.76%
Price/sqft$32
On marketDec 8, 2025
PostedDec 8, 2025
Last sold$50,000
MLS statusSold
MLS updatedDec 31, 2025
Tour days6
Views7
How are the schools in Anderson?
3 schools rated nearby
Location
Anderson, IN, 46016
Price history
4 events
DateEventPrice$/sqftSource
Dec 29, 2025Sold$50,000$32MIBOR as distributed by MLS GRID
Dec 10, 2025Pending Sale$49,000$31MIBOR as distributed by MLS GRID
Dec 8, 2025Listed For Sale$49,000$31MIBOR as distributed by MLS GRID
Dec 11, 2003Sold$8,000$5MIBOR as distributed by MLS GRID
Sold$50,000
Dec 29, 2025•$32/sqft•MIBOR as distributed by MLS GRID
Pending Sale$49,000
Dec 10, 2025•$31/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$49,000
Dec 8, 2025•$31/sqft•MIBOR as distributed by MLS GRID
Sold$8,000
Dec 11, 2003•$5/sqft•MIBOR as distributed by MLS GRID
Tax history
18 years of records
YearTax paidAssessed value
Apr 9, 2025$740$36,400
Apr 9, 2024$691$33,300
Apr 9, 2023$682$30,800
Apr 9, 2022$641$30,400
Apr 9, 2021$617$28,400
Apr 9, 2020$606$27,200
Apr 9, 2019$584$26,700
Apr 9, 2018$502$25,200
Apr 9, 2017$502$25,000
Apr 9, 2016$508$25,000
Apr 9, 2014$452$22,500
Apr 9, 2013$452$22,500
Apr 9, 2012$452$36,900
Apr 9, 2011—$38,400
Apr 9, 2010$457$22,700
Apr 9, 2009$690$23,000
Apr 9, 2006—$22,900
Apr 9, 2005—$22,200
Nearby homes
Neighborhood details
Local context around this listing
Anderson, IN • Madison County
Nearby cities
AlexandriaAndersonChesterfieldElwoodFortvilleFranktonLapelMarkleville
Nearby zip codes
46011460124601346014460154601646018
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Based on information submitted to the MLS GRID as of 2026-04-09 14:37:53 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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