INVESTOR ALERT! VALUE-ADD RENTAL WELL OVER THE 1% RULE!! Come see this low-priced single family 2br/1ba ranch home located in the heart of Anderson. Very convenient location just blocks into downtown and less than 10min to the newly remodeled casino. The property is tenant occupied and they are paying $850/mo (mo-to-mo). While the home is in rental grade condition, with some repairs and updated it could really shine and both the rent and property value could be improved! Add this property to your rental portfolio and start cash flowing from day 1!
Sold
$39,000
1631 Brown St, Anderson, IN 46016
2beds
1,584sqft
Residential, Single Family Residence
Built in 1914
3,049 Square Feet Lot
$42,100 Zestimate®
$25/sqft
$846 Estimated rent
Home value
$42,100
$36,000 - $50,000
$846/mo
Zestimate® history
Owner options
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$846/mo
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$846/mo
Rent Zestimate®
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$190/mo
Est. payment
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$190/mo
Est. payment
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Ranch home
Zillow last checked:
Listing updated:
Listed by:
Peter Stewart 317-450-9202,
Keller Williams Indpls Metro N
Bought with:
Peter Stewart
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22028957
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Laminate
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Bedroom 2
- Features: Laminate
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Dining room
- Features: Laminate
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11x14
Kitchen
- Features: Laminate
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10X11
Living room
- Features: Laminate
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Heating
- Forced Air
Appliances
- Included: MicroHood, Electric Oven, Refrigerator
Features
- Windows: Windows Vinyl, WoodWorkStain/Painted
- Basement: Unfinished
Interior area
- Total structure area: 1,584
- Total interior livable area: 1,584 sqft
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 3,049 Square Feet
Details
- Parcel number: 481113204004000003
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Water: Municipal/City
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Anderson
Financial & listing details
- Price per square foot: $25/sqft
- Tax assessed value: $22,900
- Annual tax amount: $510
- Date on market: 4/1/2025
- Cumulative days on market: 10 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2025 | Sold | $39,000$25/sqft |
Source:  MIBOR as distributed by MLS GRID #22028957 Report a problem | ||
| 4/12/2025 | Pending sale | $39,000$25/sqft |
Source: MIBOR as distributed by MLS GRID #22028957 Report a problem | ||
| 4/6/2025 | Listed for sale | $39,000$25/sqft |
Source: MIBOR as distributed by MLS GRID #22028957 Report a problem | ||
| 4/4/2025 | Pending sale | $39,000$25/sqft |
Source: MIBOR as distributed by MLS GRID #22028957 Report a problem | ||
| 4/1/2025 | Listed for sale | $39,000-11.4%$25/sqft |
Source: MIBOR as distributed by MLS GRID #22028957 Report a problem | ||
| 9/20/2024 | Sold | $44,000$28/sqft |
Source: MIBOR as distributed by MLS GRID #21968455 Report a problem | ||
| 8/21/2024 | Pending sale | $44,000$28/sqft |
Source: MIBOR as distributed by MLS GRID #21968455 Report a problem | ||
| 4/16/2024 | Price change | $44,000-10.2%$28/sqft |
Source: MIBOR as distributed by MLS GRID #21968455 Report a problem | ||
| 3/26/2024 | Listed for sale | $49,000$31/sqft |
Source: MIBOR as distributed by MLS GRID #21968455 Report a problem | ||
| 3/22/2024 | Pending sale | $49,000$31/sqft |
Source: MIBOR as distributed by MLS GRID #21968455 Report a problem | ||
| 3/18/2024 | Listed for sale | $49,000$31/sqft |
Source: MIBOR as distributed by MLS GRID #21968455 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $558 +9.4% | $22,900 -8.8% |
| 2024 | $510 0% | $25,100 +10.1% |
| 2023 | $510 +7.2% | $22,800 |
| 2022 | $476 +4.5% | $22,800 +8.1% |
| 2021 | $455 +2.4% | $21,100 +5% |
| 2020 | $444 +6.7% | $20,100 +2.6% |
| 2019 | $416 +16.7% | $19,600 +8.9% |
| 2018 | $357 | $18,000 +1.1% |
| 2017 | $357 +1.7% | $17,800 |
| 2016 | $351 +1.7% | $17,800 +3.5% |
| 2014 | $345 | $17,200 |
| 2013 | $345 +0.6% | $17,200 +0.6% |
| 2012 | $343 | $17,100 +4.9% |
| 2011 | -- | $16,300 |
| 2010 | $327 -34.3% | $16,300 -1.8% |
| 2009 | $498 | $16,600 -29.1% |
| 2006 | -- | $23,400 +8.3% |
| 2005 | -- | $21,600 |
Find assessor info on the county website
Neighborhood: 46016
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Nearby schools
GreatSchools rating
- 3/10Tenth Street Elementary SchoolGrades: K-5Distance: 2.5 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 3.8 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 2.3 mi
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Estimated market value
$42,100
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
$42,100
- Indiana
- Madison County
- Anderson
- 46016
- 1631 Brown St
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