For Sale5d on marketHistoric · 106 yrs
1503 Arrow Ave
Anderson, IN, 46016 • 46016 • Madison County
$39,900
$18/sqft
Down payment assistance available
3Beds
1Baths
2,249Sqft
0.15 acLot
1920Built
Property DNA
Traditional Style
Built 1920 · 106 years of history
Shadeland
46016
This home is getting attention
Listed 5 days ago · 316 views · 15 saves
Market activity
Demand and pricing signals for this listing
316 views
People checking out this listing
15 saves
Buyers have saved this home
5 days on market
Just listed — act fast
$18/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 12% 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 1920 · Historic
Fixer upper 3 bedroom in up and coming area of Anderson, IN. This property has a newer roof, but the interior is a full rehab. Needs extensive work, but priced accordingly. Come see today!
Estimated monthly payment
Based on current rates
$260/month
Principal & Interest$207
Property Tax$40
Insurance$13
Down payment20% ($7,980)
3%50%
Est. 6.75% rate · 30yr fixed · $31,920 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1920
HeatingForced Air
CoolingNone
ParkingNo Data
Lot6,534 sqft
Days on Zillow5 Days
Price/sqft$18
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1920
Stories1
Systems
HeatingForced Air
CoolingNone
ConstructionVinyl Siding
Water / SewerPublic
Parking & Outdoor
Lot6,534 sqft
Location & Tax
Neighborhood46016
Annual tax$774
Parcel481114204020000003
Bathrooms & Fees
Full baths1
Features & details
5 categories of property features
Interior Features
Interior
Attic Access
Appliances
None
Heating
Forced Air
Cooling
None
Exterior Features
Construction
Vinyl Siding
Room details
6 rooms detailed
Master Bedroom
Main12×11 ft132 sqft
Other
Bedroom2
Main10×10 ft100 sqft
Other
Bedroom3
Main10×10 ft100 sqft
Other
Kitchen
Main14×12 ft168 sqft
Other
Living Room
Main14×14 ft196 sqft
Other
Utility Room
Basement25×15 ft375 sqft
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market5
Est. rent$1,165/mo
Tax rate0.76%
Price/sqft$18
On marketApr 3, 2026
PostedApr 3, 2026
Last sold$11,000
MLS statusActive
MLS updatedApr 3, 2026
Tour days6
Views316
Favorites15
How are the schools in Anderson?
3 schools rated nearby
Location
Anderson, IN, 46016
Price history
3 events
DateEventPrice$/sqftSource
Apr 3, 2026Listed For Sale$39,900$18MIBOR as distributed by MLS GRID
Jan 29, 2024Sold$11,000$5Public Record
Nov 13, 2020Sold$11,000$5MIBOR as distributed by MLS GRID
Listed For Sale$39,900
Apr 3, 2026•$18/sqft•MIBOR as distributed by MLS GRID
Sold$11,000
Jan 29, 2024•$5/sqft•Public Record
Sold$11,000
Nov 13, 2020•$5/sqft•MIBOR as distributed by MLS GRID
Tax history
18 years of records
YearTax paidAssessed value
Apr 8, 2025$773$38,300
Apr 8, 2024$707$34,800
Apr 8, 2023$711$31,600
Apr 8, 2022$657$31,800
Apr 8, 2021$725$29,200
Apr 8, 2020$972$32,100
Apr 8, 2019$905$43,000
Apr 8, 2018$774$39,200
Apr 8, 2017$774$38,700
Apr 8, 2016$800$38,700
Apr 8, 2014$788$39,400
Apr 8, 2013$309$39,400
Apr 8, 2012$264$38,900
Apr 8, 2011—$36,700
Apr 8, 2010$298$38,700
Apr 8, 2009$306$43,100
Apr 8, 2006—$42,400
Apr 8, 2005—$42,700
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 2026-04-08 16:48:10 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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