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$49,900   Price Analysis
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2104 W 16th St
Anderson, IN 46016
2 bed 1 bath 1,038 SqFt ($48/SqFt)
6,534SqFt lot. Built 1950
Listed 2024-04-18, Taxes $753
Ⓧ 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 minutes into downtown and less than 10min to the newly rmodeled casino. The property is tenant occupied and they are paying $800/mo (ends 8/4/24). While the home is in rental grade condition, with some 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 #21972102 from MIBOR

Bedrooms: 2
Bedrooms On Main Level: 2
Primary Bedroom Dimensions: 9 x 12
Bedroom 2 Dimensions: 9 x 12
Primary Bedroom Level: Main
Bedroom 2 Level: Main

Total Rooms: 4
Living Room Dimensions: 19 x 14
Living Room Level: Main

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

Attic Access

Gas Oven
Refrigerator

Heating Features: Forced Air, Gas

Dining Area Description: Formal Dining Room
Kitchen Dimensions: 11 x 13
Kitchen Level: Main

Patio And Porch Features: Covered Porch

Lot Size Acres: 0.15
Lot Size Square Feet: 6534

Garage Spaces: 1
Parking Features: Attached
Garage Sqft: 231

High School District: Anderson Community School Corp

Edgewood Elementary School is a public elementary school located approximately 1.5 miles away.
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Anderson High School is a public high school located approximately 2.5 miles away.
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Highland Jr High School is a public middle school located approximately 4.7 miles away.
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Holy Cross School is a private elementary and middle school located approximately 1.4 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: 4810 - Madison - Anderson NW
Source Neighborhood: Shadeland
Parcel Number: 481114203219000003
Postal Code Plus 4: 3108
Subdivision: Shadeland
Township: Anderson
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$29,800 + $3,900
$33,700
$753
2021$27,100 + $3,900
$31,000
$697
2020$25,600 + $3,700
$29,300
$661
2019$24,900 + $3,700
$28,600
$646
2018$22,700 + $3,700
$26,400
$1,183
2017$22,400 + $3,700
$26,100
$522
2016$22,400 + $3,700
$26,100
$522
2015$21,800 + $4,100
$25,900
$1,864
2014$21,400 + $4,100
$25,500
$510
2013$21,700 + $4,100
$25,800
$516
2012$21,200 + $4,100
$25,300
$244
2011$17,800 + $6,300
$24,100
$241
2010$17,800 + $6,300
$24,100
$1,215
2008$20,200 + $6,500
$26,700
$190
2006$22,200 + $7,900
$30,100
$305

Listed 2024-04-18
$49,900
MIBOR
Listing removed 2017-10-25
$6,000
IRMLS
Listed 2017-10-23
$6,000
IRMLS

Total Square Feet Living: 1038
Year Built: 1950
Construction Materials: Aluminum Siding
Foundation Details: Crawl Space
Levels: One
Property Age: 74
Property Condition: Fixer
Total Area Main: 1038
Architectural Style: Ranch, TraditonalAmerican

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