An Investor's Dream Opportunity! Discover this remodeled 2-bedroom, 1-bath gem. A cozy retreat with a tastefully updated interior, ensuring a fresh, inviting atmosphere. Located within walking distance to shops, restaurants, and other amenities, this property offers convenience and comfort. Currently leased by solid, reliable tenants who have just renewed for another year, this home is a true cash cow for new investors or a seamless addition to an experienced investor's portfolio. With excellent income potential based on current rent and property price, and with top-notch property management already in place, this opportunity is one you don't want to miss!
Sold
$63,000
1511 Nichol Ave, Anderson, IN 46016
2beds
1,070sqft
Residential, Single Family Residence
Built in 1910
5,227.2 Square Feet Lot
$95,300 Zestimate®
$59/sqft
$1,037 Estimated rent
Home value
$95,300
$81,000 - $110,000
$1,037/mo
Zestimate® history
Owner options
List your home for rent
$1,037/mo
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$1,037/mo
Rent Zestimate®
Refinance and save
$306/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$306/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Cara Conde 317-999-9888,
F.C. Tucker Company
Bought with:
Jerome Gordon III
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 21999276
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14x14
Bedroom 2
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Kitchen
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14x14
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Gas Oven, Refrigerator, Gas Water Heater
- Laundry: Laundry Room
Features
- Attic Access, Eat-in Kitchen
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 1,070
- Total interior livable area: 1,070 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 5,227 sqft
Details
- Parcel number: 481114102209000003
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1910
Utilities & green energy
- Water: Municipal/City
Community & neighborhood
Location
- Region: Anderson
- Subdivision: Englewood
Price history
| Date | Event | Price |
|---|---|---|
| 9/20/2024 | Sold | $63,000+5.2%$59/sqft |
Source:  MIBOR as distributed by MLS GRID #21999276 Report a problem | ||
| 9/9/2024 | Pending sale | $59,900$56/sqft |
Source: MIBOR as distributed by MLS GRID #21999276 Report a problem | ||
| 8/31/2024 | Listed for sale | $59,900+199.5%$56/sqft |
Source: MIBOR as distributed by MLS GRID #21999276 Report a problem | ||
| 8/18/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/9/2023 | Listed for rent | $900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/11/2007 | Sold | $20,000$19/sqft |
Source: MIBOR as distributed by MLS GRID #2611460 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,951 +272.7% | $113,600 +29.4% |
| 2024 | $523 +1.7% | $87,800 +275.2% |
| 2023 | $515 +8.9% | $23,400 +1.7% |
| 2022 | $473 -2.3% | $23,000 +9.5% |
| 2021 | $483 +2.3% | $21,000 -1.9% |
| 2020 | $473 +54% | $21,400 +2.4% |
| 2019 | $307 +16.3% | $20,900 +57.1% |
| 2018 | $264 | $13,300 +0.8% |
| 2017 | $264 +3.1% | $13,200 |
| 2016 | $256 +1.6% | $13,200 +4.8% |
| 2014 | $252 | $12,600 |
| 2013 | $252 +0.8% | $12,600 +0.8% |
| 2012 | $250 | $12,500 +17.9% |
| 2011 | -- | $10,600 |
| 2010 | $212 -34% | $10,600 -0.9% |
| 2009 | $321 | $10,700 -53.5% |
| 2006 | -- | $23,000 |
| 2005 | -- | $23,000 |
Find assessor info on the county website
Neighborhood: 46016
Nearby schools
GreatSchools rating
- 5/10Tenth Street Elementary SchoolGrades: K-5Distance: 3.3 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 4.3 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 2.6 mi
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Estimated market value
$95,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$95,300
- Indiana
- Madison County
- Anderson
- 46016
- 1511 Nichol Ave
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