Four units total-studio and one-bedroom on each level. All units tenant-occupied with immediate cash flow. Four separate electric meters, electric heat, roof 3 years old, new electric water heater, updated plumbing, new water lines and new sewer line to the road. Future rent optimization potential adds value upside. Solid, low-maintenance investment.
Pending
Price cut: $20.1K (6/15)
$199,900
3004 Columbus Ave, Anderson, IN 46016
2beds
2baths
--sqft
Multi Family, Quadruplex
Built in 1924
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Electric heatUpdated plumbingNew electric water heater
- 163 days |
- 170 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Candy Bair 765-602-9333,
RE/MAX Real Estate Solutions
Source: MIBOR as distributed by MLS GRID,MLS#: 22081325
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Laundry: No Laundry Facil.
Features
- Has basement: Yes
Property
Parking
- Details: Unit Parking(Other)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098 Square Feet
- Features: Other
Details
- Parcel number: 481219204080000003
- Zoning: Commercial other housing
- Special conditions: Sales Disclosure On File
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Quadruplex
- Attached to another structure: Yes
Materials
- Other
- Foundation: Block
Condition
- New construction: No
- Year built: 1924
Community & HOA
Community
- Subdivision: Pences Grove
Location
- Region: Anderson
Financial & listing details
- Tax assessed value: $80,700
- Annual tax amount: $1,112
- Date on market: 1/26/2026
- Cumulative days on market: 165 days
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Pending sale | $199,900 |
Source: | ||
| 6/15/2026 | Price change | $199,900-9.1% |
Source: | ||
| 5/1/2026 | Price change | $220,000-8.3% |
Source: | ||
| 4/2/2026 | Price change | $240,000-14.3% |
Source: | ||
| 3/26/2026 | Price change | $280,000-6.6% |
Source: | ||
| 2/6/2026 | Price change | $299,900-7.7% |
Source: | ||
| 1/26/2026 | Listed for sale | $325,000+4542.9% |
Source: | ||
| 5/14/2009 | Sold | $7,000-97.2% |
Source: | ||
| 1/23/2009 | Sold | $250,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,111 -0.7% | $80,700 +61.4% |
| 2024 | $1,119 0% | $50,000 |
| 2023 | $1,119 -0.6% | $50,000 |
| 2022 | $1,125 -0.4% | $50,000 |
| 2021 | $1,130 -0.1% | $50,000 |
| 2020 | $1,131 -35.2% | $50,000 |
| 2019 | $1,745 +41.9% | $50,000 +28.5% |
| 2018 | $1,230 +47.1% | $38,900 +1% |
| 2017 | $836 | $38,500 -7.9% |
| 2016 | $836 +0.7% | $41,800 +0.7% |
| 2014 | $830 | $41,500 |
| 2013 | $830 +1.7% | $41,500 +1.7% |
| 2012 | $816 | $40,800 -11.3% |
| 2011 | -- | $46,000 |
| 2010 | $920 -48.3% | $46,000 -22.4% |
| 2009 | $1,779 | $59,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 46016
Nearby schools
GreatSchools rating
- 4/10Valley Grove Elementary SchoolGrades: K-5Distance: 2.9 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 4 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 1.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Madison County
- Anderson
- 46016
- 3004 Columbus Ave





