Turnkey, cash-flowing investment opportunity! Welcome to 1403 W 4th St in Anderson, a well-located ranch-style home with a tenant already in place paying $895 per month and responsible for all utilities. This 2-bedroom, 1-bath home offers 919 square feet of functional living space on a spacious .15-acre corner lot with a fully fenced backyard and a detached 1-car garage with additional bump-out storage. Inside, the home features a large front sunroom, a combined living and dining area, and a generously sized rear utility room with laundry hookups. The property is in solid, rent-ready condition while still offering future upside through cosmetic improvements. Conveniently located within walking distance of Riley Park and River Bend Park and approximately five minutes from Anderson University. With immediate rental income, tenant-paid utilities, strong fundamentals, and additional value-add potential, this is an excellent opportunity to add a stabilized, turnkey rental property to your portfolio. Property sold as-is. No seller/creative financing.
Active
Price cut: $10K (7/31)
$69,900
1403 W 4th St, Anderson, IN 46016
2beds
919sqft
Residential, Single Family Residence
Built in 1900
6,534 Square Feet Lot
$-- Zestimate®
$76/sqft
$-- HOA
What's special
Ranch-style homeLarge front sunroomFully fenced backyard
- 33 days |
- 195 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Peter Stewart 317-450-9202,
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22086041
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10X11
Bedroom 2
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9X11
Kitchen
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9X11
Laundry
- Level: Main
- Area: 140 Square Feet
- Dimensions: 10X14
Living room
- Level: Main
- Area: 299 Square Feet
- Dimensions: 13X23
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Disposal, Gas Water Heater, Gas Oven, Refrigerator
- Laundry: Connections All, Main Level
Features
- Attic Access
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 919
- Total interior livable area: 919 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Glass Enclosed
- Fencing: Fenced,Chain Link,Full
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 481111402088000003
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Evalyn
HOA
- Has HOA: No
Location
- Region: Anderson
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $41,300
- Annual tax amount: $836
- Date on market: 7/14/2026
- Cumulative days on market: 79 days
Estimated market value
Not available
Estimated sales range
Not available
$918/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $69,900-12.5%$76/sqft |
Source:  MIBOR as distributed by MLS GRID #22086041 Report a problem | ||
| 7/14/2026 | Listed for sale | $79,900$87/sqft |
Source: MIBOR as distributed by MLS GRID #22086041 Report a problem | ||
| 6/12/2026 | Listing removed | $895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/21/2026 | Listed for rent | $895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/11/2026 | Listing removed | $79,900$87/sqft |
Source: MIBOR as distributed by MLS GRID #22086041 Report a problem | ||
| 4/13/2026 | Pending sale | $79,900$87/sqft |
Source: MIBOR as distributed by MLS GRID #22086041 Report a problem | ||
| 2/26/2026 | Listed for sale | $79,900+393.2%$87/sqft |
Source: MIBOR as distributed by MLS GRID #22086041 Report a problem | ||
| 6/28/2007 | Sold | $16,201$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $836 +8.6% | $41,300 +9.8% |
| 2024 | $770 +0.3% | $37,600 +9.3% |
| 2023 | $767 +8.3% | $34,400 +0.3% |
| 2022 | $709 +3.9% | $34,300 +8.9% |
| 2021 | $682 +2.3% | $31,500 +4.3% |
| 2020 | $667 +28.5% | $30,200 +2.4% |
| 2019 | $519 +15.4% | $29,500 +31.1% |
| 2018 | $450 | $22,500 |
| 2017 | $450 | $22,500 |
| 2016 | $450 | $22,500 |
| 2014 | $450 | $22,500 |
| 2013 | $450 | $22,500 -12.8% |
| 2012 | $450 | $25,800 -3% |
| 2011 | -- | $26,600 |
| 2010 | $532 -34.1% | $26,600 -1.1% |
| 2009 | $807 | $26,900 -16.5% |
| 2006 | -- | $32,200 -5% |
| 2005 | -- | $33,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46016
Nearby schools
GreatSchools rating
- 3/10Eastside Elementary SchoolGrades: K-5Distance: 2.6 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 3.9 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 3.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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