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$44,000   Price Analysis
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1631 Brown St
Anderson, IN 46016
2 bed 1 bath 1,584 SqFt ($27/SqFt)
3,049SqFt lot. Built 1914
Listed 2024-03-18, Taxes $510
Ⓧ USDA Ineligible
due to location

near Anderson

INVESTOR ALERT!

TURNKEY RENTAL OVER THE 1% RULE!! Come see this low-priced single family 2br/1ba ranch home located in the heart of Anderson. Very convenient location blocks into downtown and les s than 10min to the newly remodeled casino. The property is tenant occupied and they are paying $686/mo (mo-to-mo). Whle the home is in rental grade condition, with a little cosmetic updating it could really shine and rent could be improved!

Property is professionally managed by Full Spectrum. Add this property to your rental portfolio and start cash flowing from day 1!


Presented by Peter Stewart at
Keller Williams Indpls Metro N.
Listing Agent Photo

Property MLS #21968455 from MIBOR

Bedrooms: 2
Bedrooms On Main Level: 2
Primary Bedroom Dimensions: 11 x 11
Bedroom 2 Dimensions: 11 x 10
Primary Bedroom Level: Main
Bedroom 2 Level: Main

Total Rooms: 5
Living Room Dimensions: 12 x 12
Living Room Level: Main

Total Bathrooms: 1
Full Bathrooms: 1
Full Bathrooms On Main Level: 1

Windows Vinyl
WoodWorkStain/Painted

MicroHood
Electric Oven
Refrigerator

Cooling Features: Central Electric
Heating Features: Forced Air

Dining Area Description: Dining Combo/Kitchen
Dining Room Dimensions: 11 x 14
Dining Room Level: Main
Kitchen Dimensions: 10 x 11
Kitchen Level: Main

Patio And Porch Features: Covered Porch

Lot Size Acres: 0.07
Lot Size Square Feet: 3049

High School District: Anderson Community School Corp

Anderson High School is a public high school located approximately 2.4 miles away.
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Tenth Street Elementary School is a public elementary school located approximately 2.5 miles away.
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Highland Jr High School is a public middle school located approximately 3.8 miles away.
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Holy Cross School is a private elementary school located approximately 0.5 miles away.
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Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Madison
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential
Area: 4812 - Madison - Anderson SW
Source Neighborhood: 4812 - Madison - Anderson SW
Parcel Number: 481113204004000003
Postal Code Plus 4: 1610
Township: Anderson
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$19,700 + $3,100
$22,800
$510
2021$18,000 + $3,100
$21,100
$475
2020$17,200 + $2,900
$20,100
$455
2019$16,700 + $2,900
$19,600
$444
2018$15,100 + $2,900
$18,000
$416
2017$14,900 + $2,900
$17,800
$357
2016$14,900 + $2,900
$17,800
$357
2015$14,200 + $3,300
$17,500
$178
2014$13,900 + $3,300
$17,200
$345
2013$13,900 + $3,300
$17,200
$345
2012$13,800 + $3,300
$17,100
$343
2011$13,000 + $3,300
$16,300
$327
2010$13,000 + $3,300
$16,300
$822
2008$13,900 + $3,600
$17,500
$620
2006$17,400 + $6,000
$23,400
$689

Price Changed 2024-04-16
$44,000
MIBOR
Listed 2024-03-18
$49,000
MIBOR

Total Square Feet Living: 792
Year Built: 1914
Construction Materials: Vinyl Siding
Foundation Details: Block
Levels: One
Property Age: 110
Total Area Main: 792
Architectural Style: Bungalow

Water Source: Municipal/City
Click Thumbnail Images To View Full Size
porchunknownkitchendining_roombathroom
bedroomkitchen

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.