Key Features:
Property Layout:
Duplex: One side is finished and boasts 3 Bedrooms and 1.5 Bathrooms. The other side is finished with 2 Bedrooms and 1 Bathroom.
Single Home: Currently unfinished, but features 2 Bedrooms and 1 Bathroom.
Income Potential: Investors can expect around $3,000 in monthly rental income.
Flexible Living: Perfect for homeowners who can live in one unit and rent out the other sides for additional income.
Outdoor Space: Enjoy a spacious yard, perfect for outdoor activities and relaxation.
Location Perks:
Situated in the heart of Anderson, this property offers easy access to schools, parks, shopping, and dining options. Conveniently located near major highways, making commuting a breeze.
Why This Property Stands Out:
This triplex offers a unique blend of living and investment opportunities. Whether you’re an investor seeking a profitable venture or a homeowner looking for flexibility, this property provides the perfect balance of comfort and potential.
Sold for $20,000
$20,000
1108 Nichol Ave, Anderson, IN 46016
3beds
5,000sqft
MultiFamily
Built in 1934
-- sqft lot
$-- Zestimate®
$4/sqft
$997 Estimated rent
Home value
Not available
Estimated sales range
Not available
$997/mo
Zestimate® history
Owner options
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$997/mo
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$997/mo
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$97/mo
Est. payment
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$97/mo
Est. payment
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Spacious yard
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Other
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 5,000 sqft
Property
Parking
- Parking features: Garage - Detached
Lot
- Size: 8,060 sqft
Details
- Parcel number: 481114101091000003
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1934
Community & neighborhood
Location
- Region: Anderson
Price history
| Date | Event | Price |
|---|---|---|
| 4/12/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/31/2025 | Price change | $149,999-11.8%$30/sqft |
Source: Owner Report a problem | ||
| 2/4/2025 | Listed for sale | $169,999+750%$34/sqft |
Source: Owner Report a problem | ||
| 11/22/2023 | Sold | $20,000-55.6%$4/sqft |
Source: Public Record Report a problem | ||
| 2/14/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/16/2022 | Price change | $45,000+202%$9/sqft |
Source: Owner Report a problem | ||
| 3/2/2022 | Price change | $14,900-25.5%$3/sqft |
Source:  MIBOR as distributed by MLS GRID #21840750 Report a problem | ||
| 1/24/2022 | Pending sale | $19,999 |
Source:  IRMLS #202140489 Report a problem | ||
| 12/29/2021 | Price change | $19,999-16.7% |
Source: IRMLS #202140489 Report a problem | ||
| 10/19/2021 | Price change | $24,000+42.9% |
Source: IRMLS #202140489 Report a problem | ||
| 10/11/2021 | Listed for sale | $16,800 |
Source: IRMLS #202140489 Report a problem | ||
| 10/2/2021 | Pending sale | $16,800 |
Source: IRMLS #202140489 Report a problem | ||
| 9/27/2021 | Listed for sale | $16,800+200% |
Source: IRMLS #202140489 Report a problem | ||
| 11/27/2019 | Sold | $5,600-6.7%$1/sqft |
Source: Public Record Report a problem | ||
| 12/16/2011 | Sold | $6,000$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,109 +8.7% | $53,400 +7% |
| 2024 | $1,020 -1.1% | $49,900 +9.4% |
| 2023 | $1,031 -13.4% | $45,600 -1.1% |
| 2022 | $1,190 +4.3% | $46,100 -12.9% |
| 2021 | $1,141 -6.1% | $52,900 +4.8% |
| 2020 | $1,214 -61% | $50,500 -6% |
| 2019 | $3,111 +79.1% | $53,700 +8.9% |
| 2018 | $1,737 +151.7% | $49,300 +0.8% |
| 2017 | $690 +25% | $48,900 -0.2% |
| 2016 | $552 +3.8% | $49,000 +9.1% |
| 2014 | $532 +0.2% | $44,900 -0.2% |
| 2013 | $531 +5.8% | $45,000 +0.9% |
| 2012 | $502 | $44,600 +10.4% |
| 2011 | -- | $40,400 |
| 2010 | $808 -34.3% | $40,400 -1.5% |
| 2009 | $1,230 | $41,000 +19.9% |
| 2006 | -- | $34,200 +52% |
| 2005 | -- | $22,500 |
Find assessor info on the county website
Neighborhood: 46016
Nearby schools
GreatSchools rating
- 5/10Tenth Street Elementary SchoolGrades: K-5Distance: 2 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 3.4 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 2.5 mi
- Indiana
- Madison County
- Anderson
- 46016
- 1108 Nichol Ave
Nearby cities
Nearby zip codes
Other Anderson Topics
