Excellent investment opportunity in Anderson! This property at 321 Madison Ave offers strong potential for renovation or full rehab. Ideal for investors seeking to add value and build equity through updates. The home requires interior and exterior renovation, but once restored, it could serve as a profitable flip or long-term rental. Conveniently located near amenities, schools, and major routes. Sold as-is-seller will make no repairs. Use caution when showing.
Active
$49,999
321 Madison Ave, Anderson, IN 46016
3beds
2,076sqft
Residential, Single Family Residence
Built in 1904
1,742 Square Feet Lot
$-- Zestimate®
$24/sqft
$-- HOA
What's special
- 245 days |
- 202 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Rafael Ayala 317-667-7051,
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22070367
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 210 Square Feet
- Dimensions: 14x15
Bedroom 2
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Bedroom 3
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Kitchen
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13x12
Living room
- Level: Main
- Area: 350 Square Feet
- Dimensions: 25x14
Heating
- Natural Gas
Cooling
- None
Appliances
- Included: None
Features
- Attic Access, Eat-in Kitchen
- Has basement: Yes
- Attic: Access Only
- Number of fireplaces: 2
- Fireplace features: Double Sided
Interior area
- Total structure area: 2,076
- Total interior livable area: 2,076 sqft
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 1,742 Square Feet
Details
- Parcel number: 481111401029000003
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Log Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Evalyn
Location
- Region: Anderson
Financial & listing details
- Price per square foot: $24/sqft
- Tax assessed value: $49,300
- Annual tax amount: $1,026
- Date on market: 10/27/2025
- Cumulative days on market: 246 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Price change | $49,999-10.7%$24/sqft |
Source:  MIBOR as distributed by MLS GRID #22070367 Report a problem | ||
| 10/27/2025 | Listed for sale | $56,000+10773.8%$27/sqft |
Source: MIBOR as distributed by MLS GRID #22070367 Report a problem | ||
| 2/13/2017 | Sold | $515-98.2% |
Source: Public Record Report a problem | ||
| 5/15/2006 | Sold | $28,000$13/sqft |
Source: MIBOR as distributed by MLS GRID #2601302 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,027 +8.8% | $49,300 +6.7% |
| 2024 | $944 -0.5% | $46,200 +9.5% |
| 2023 | $949 -16.9% | $42,200 -0.5% |
| 2022 | $1,141 -6.3% | $42,400 -16.4% |
| 2021 | $1,218 +2.8% | $50,700 -5.9% |
| 2020 | $1,185 +7.9% | $53,900 +2.9% |
| 2019 | $1,099 -24.6% | $52,400 +10.1% |
| 2018 | $1,457 -80.6% | $47,600 +1.3% |
| 2017 | $7,518 +484.6% | $47,000 |
| 2016 | $1,286 +1.7% | $47,000 -25.6% |
| 2014 | $1,264 | $63,200 |
| 2013 | $1,264 +1.8% | $63,200 +1.8% |
| 2012 | $1,242 | $62,100 -9.9% |
| 2011 | -- | $68,900 |
| 2010 | $1,378 -34.2% | $68,900 -1.3% |
| 2009 | $2,094 | $69,800 -9% |
| 2006 | -- | $76,700 +98.7% |
| 2005 | -- | $38,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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
- 3/10Eastside Elementary SchoolGrades: K-5Distance: 2.4 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 3.7 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Middle: Highland Middle School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Madison County
- Anderson
- 46016
- 321 Madison Ave
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