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Pending
    • $49,900

    1530 Ohio Ave, Anderson, IN 46016

    2beds
    940sqft
    : 
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    Residential, Single Family Residence
    Built in 1934
    3,049 Square Feet Lot
    $-- Zestimate®
    $53/sqft
    $-- HOA

    What's special

    Unfinished basementLaundry hookupsGenerously sized eat-in kitchen
    Welcome to 1530 Ohio Ave in Anderson, IN-a tenant-occupied, turnkey investment property offering cash flow from day #1! This renovated 2-bedroom, 1-bath ranch features 940 sq. ft. plus an unfinished basement and is ideally located minutes from downtown, Anderson University, and under 10 minutes from Harrah's Hoosier Park & Casino. The current tenant is on a one-year lease through February 2027, paying $900/month, with utilities and lawn care paid by the tenant, keeping owner expenses low. Recent updates include fresh paint, new flooring, and upgraded PEX plumbing throughout. Inside, a spacious living room flows into a generously sized eat-in kitchen with pantry and laundry hookups, plus a welcoming three-season room at the front. Offered as-is, this low-maintenance property nearly hits the 2% rule at the asking price, making it a compelling addition to any rental portfolio. Solid location, stable tenancy, and immediate cash flow-this is an investor-ready opportunity you don't want to miss!
    62 days
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    26
    |
    0
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    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#: 22052071MLS Logo

      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: 90 Square Feet
      • Dimensions: 10x9
      Kitchen
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Living room
      • Level: Main
      • Area: 273 Square Feet
      • Dimensions: 13x21
      Sun room
      • Level: Main
      • Area: 48 Square Feet
      • Dimensions: 8x6
      Heating
      • Forced Air, Electric
      Cooling
      • None
      Appliances
      • Included: Electric Water Heater, MicroHood, Electric Oven
      Features
      • Attic Pull Down Stairs, Eat-in Kitchen
      • Basement: Unfinished
      • Attic: Pull Down Stairs
      Interior area
      • Total structure area: 940
      • Total interior livable area: 940 sqft
      • Finished area below ground: 0

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Glass Enclosed
      Lot
      • Size: 3,049 Square Feet
      • Features: Sidewalks, Storm Sewer, Street Lights
      Details
      • Additional parcels included: 481218203117.000003
      • Parcel number: 481218203119000003
      • 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
      • Foundation: Block
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1934

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: No Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Anderson

      Financial & listing details

      • Price per square foot: $53/sqft
      • Tax assessed value: $56,200
      • Annual tax amount: $720
      • Date on market: 5/5/2026
      • Cumulative days on market: 237 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $871/mo

        Price history

        DateEventPrice
        5/11/2026Pending sale$49,900$53/sqft
        Source: MIBOR as distributed by MLS GRID #22052071 Report a problem
        5/5/2026Listed for sale$49,900$53/sqft
        Source: MIBOR as distributed by MLS GRID #22052071 Report a problem
        4/15/2026Listing removed$49,900$53/sqft
        Source: MIBOR as distributed by MLS GRID #22052071 Report a problem
        4/15/2026Listed for sale$49,900$53/sqft
        Source: MIBOR as distributed by MLS GRID #22052071 Report a problem
        3/16/2026Pending sale$49,900$53/sqft
        Source: MIBOR as distributed by MLS GRID #22052071 Report a problem
        2/24/2026Listed for sale$49,900$53/sqft
        Source: MIBOR as distributed by MLS GRID #22052071 Report a problem
        1/23/2026Listing removed$49,900$53/sqft
        Source: MIBOR as distributed by MLS GRID #22052071 Report a problem
        11/6/2025Price change$49,900-9.1%$53/sqft
        Source: MIBOR as distributed by MLS GRID #22052071 Report a problem
        9/30/2025Price change$54,900-8.3%$58/sqft
        Source: MIBOR as distributed by MLS GRID #22052071 Report a problem
        8/15/2025Price change$59,900-14.3%$64/sqft
        Source: MIBOR as distributed by MLS GRID #22052071 Report a problem
        7/28/2025Listed for sale$69,900+40.1%$74/sqft
        Source: MIBOR as distributed by MLS GRID #22052071 Report a problem
        5/4/2022Listing removed--
        Source: Carpenter Realtors Report a problem
        4/26/2022Listed for sale$49,900$53/sqft
        Source: MIBOR as distributed by MLS GRID #21851111 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$720 +8.4%$56,200 +73.5%
        2024$664 +110%$32,400 +9.1%
        2023$316 +8.4%$29,700 -0.3%
        2022$292 -21.3%$29,800 +8.8%
        2021$371 +2.4%$27,400 -32.3%
        2020$362 +8%$40,500 +2.8%
        2019$335 +39.8%$39,400 +9.1%
        2018$240 -61.1%$36,100 +17.2%
        2017$616 +27.8%$30,800
        2016$482 +1.3%$30,800 +29.4%
        2014$476 $23,800
        2013$476 +1.7%$23,800 +1.7%
        2012$468 $23,400 +5.9%
        2011-- $22,100
        2010$442 -34.5%$22,100 -1.8%
        2009$675 $22,500 -10%
        2006-- $25,000
        2005-- $25,000

        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 46016

        Getting around

        48 / 100
        Car-Dependent
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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