Opportunity knocks at 1428 W 4th St! This solid brick ranch offers great bones and endless potential for those looking to add value. With 1,130 sq ft of living space, this 2-bedroom, 1-bath home features a spacious living room that opens to the formal dining area, a large kitchen, and a rear bonus room with laundry hookups. The full unfinished basement-with daylight windows and an exterior stairway to the backyard-adds excellent expansion or storage potential. Outside, you'll find a large front porch, a detached 1-car garage, and a fully fenced yard. Located just minutes from downtown Anderson and less than 10 minutes to Anderson University and 15 minutes to Harrah's Hoosier Park Casino and racetrack, this home sits in an area seeing new revitalization-two nicely remodeled homes are directly across the street. With some cleanup and renovation, this property could shine again. Perfect for investors seeking a BRRRR project or a handy owner-occupant looking to build equity and make it their own. Estimated rent after rehab in the $900-$1,000 range. Don't miss this value-add opportunity! Seller will give $4k credit with reasonable offer!! Sold AS-IS.
Sold
$45,000
1428 W 4th St, Anderson, IN 46016
2beds
2,092sqft
Residential, Single Family Residence
Built in 1907
6,534 Square Feet Lot
$47,200 Zestimate®
$22/sqft
$923 Estimated rent
Home value
$47,200
$40,000 - $56,000
$923/mo
Zestimate® history
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$923/mo
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$219/mo
Est. payment
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Est. payment
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List your homeWhat's special
Solid brick ranchFully fenced yardFormal dining areaRear bonus roomLarge front porchLarge kitchen
Zillow last checked:
Listing updated:
Listed by:
Peter Stewart 317-450-9202,
Keller Williams Indpls Metro N
Bought with:
Lucero Vargas
RE/MAX Complete
Source: MIBOR as distributed by MLS GRID,MLS#: 22068601
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: 11x10
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Dining room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11x13
Kitchen
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Laundry
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11x13
Living room
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
- Laundry: Connections All
Features
- Basement: Daylight,Full,Unfinished
Interior area
- Total structure area: 2,092
- Total interior livable area: 2,092 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Fencing: Fenced,Full
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 481111402062000003
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Block
Condition
- Fixer
- New construction: No
- Year built: 1907
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Evalyn
HOA
- Has HOA: No
Location
- Region: Anderson
Financial & listing details
- Price per square foot: $22/sqft
- Tax assessed value: $53,800
- Annual tax amount: $1,080
- Date on market: 10/20/2025
- Cumulative days on market: 4 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Sold | $45,000-18%$22/sqft |
Source:  MIBOR as distributed by MLS GRID #22068601 Report a problem | ||
| 10/23/2025 | Pending sale | $54,900$26/sqft |
Source: MIBOR as distributed by MLS GRID #22068601 Report a problem | ||
| 10/20/2025 | Listed for sale | $54,900+344.5%$26/sqft |
Source: MIBOR as distributed by MLS GRID #22068601 Report a problem | ||
| 3/30/2007 | Sold | $12,351$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,080 +8.7% | $53,800 +10.7% |
| 2024 | $993 0% | $48,600 +9.5% |
| 2023 | $993 +8.2% | $44,400 |
| 2022 | $918 +4.2% | $44,400 +8.8% |
| 2021 | $881 -5% | $40,800 +4.6% |
| 2020 | $927 +78.6% | $39,000 -4.9% |
| 2019 | $519 +15.4% | $41,000 +82.2% |
| 2018 | $450 | $22,500 |
| 2017 | $450 | $22,500 |
| 2016 | $450 | $22,500 |
| 2014 | $450 | $22,500 |
| 2013 | $450 | $22,500 -25.7% |
| 2012 | $450 | $30,300 -8.7% |
| 2011 | -- | $33,200 |
| 2010 | $664 -33.7% | $33,200 -0.6% |
| 2009 | $1,002 | $33,400 -17.5% |
| 2006 | -- | $40,500 -4.9% |
| 2005 | -- | $42,600 |
Find assessor info on the county website
Neighborhood: 46016
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Nearby schools
GreatSchools rating
- 3/10Eastside Elementary SchoolGrades: K-5Distance: 2.7 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 4 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 3.2 mi
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Estimated market value
$47,200
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Estimated market value
$47,200
- Indiana
- Madison County
- Anderson
- 46016
- 1428 W 4th St
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