Skip main navigation
Sold
  • $147,000

    341 Park Ave, Anderson, IN 46012

    4beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1917
    -- sqft lot
    $152,400 Zestimate®
    $--/sqft
    $1,006 Estimated rent

    Home value

    $152,400

    $130,000 - $180,000

    $1,006/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,006/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,006/mo

    Rent Zestimate®

    Refinance and save

    $928/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $928/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    PRIME INVESTMENT OPPORTUNITY: Proven Student Rental Near Anderson University! Introducing 341 Park Avenue, an exceptional investment property ideally located just steps from Anderson University in Anderson, Indiana. Built in 1917, this home offers timeless curb appeal paired with consistent rental demand, making it a smart addition to any investor's portfolio. || PROVEN RENTAL TRACK RECORD: Currently owned by a long-term investor, this property has a successful history of renting to university students, with high occupancy rates and reliable cash flow. The main level features three bedrooms, a full bath, and classic touches like hardwood floors, arched doorways, and craftsman-style woodworking-all attractive features for student tenants seeking comfort and character. || DUAL-INCOME POTENTIAL: Unlock dual-income streams with the fully finished basement apartment. Boasting its own private entrance, kitchen, full bath, and multiple storage rooms, this one-bedroom unit offers flexibility for separate leases or bundled rental arrangements. Both units share easy access to the laundry area, minimizing utility and maintenance expenses. || LOCATION AND AMENITIES THAT ATTRACT TENANTS: With a fenced backyard, large concrete parking pad, and secure storage shed, the home easily meets student lifestyle needs-including parking and secure space for bikes or gear. Overlooking a tranquil grassy area owned by a nearby church, it provides a quiet environment still within close reach of campus life. || SECURE, STEADY INVESTMENT: Take advantage of a property with proven performance and a prime location in the heart of one of Anderson's most desirable student rental areas. 341 Park Avenue offers reliable income potential and minimal vacancy risk due to its proximity to Anderson University and its longstanding reputation among students. Seize this chance to expand your portfolio with a property designed for rental stability and long-term returns.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Kevin Majeski 317-537-7115,

    Carpenter, REALTORS®

    Bought with:

    Rachel Ellis

    RE/MAX Real Estate Solutions

    Source: MIBOR as distributed by MLS GRID,MLS#: 22055815MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Main level bathrooms: 4
    Heating
    • Baseboard, Electric, Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Laundry, Connections All, Laundry Room, In Basement, Sink
    Features
    • Basement: Apartment,Daylight,Egress Window(s),Exterior Entry,Finished,Full,Interior Entry

    Property

    Parking
    • Parking features: Concrete
    • Details: Unit Parking(Paved Area)
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Fenced,Chain Link,Partial,Gate
    • Has view: Yes
    • View description: Park/Greenbelt
    Lot
    • Size: 5,227 sqft
    • Features: City Lot, Suburb, Mature Trees
    Details
    • Additional structures: Storage
    • Parcel number: 481207302106000003
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman,Bungalow
    • Property subtype: Multi Family, Duplex
    Materials
    • Vinyl With Stone
    • Foundation: Block, Full
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1917

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Anderson
    • Subdivision: J M Ruddells

    Other

    Other facts
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    9/26/2025Sold$147,000+1.4%
    Source: MIBOR as distributed by MLS GRID #22055815 Report a problem
    8/14/2025Pending sale$145,000
    Source: MIBOR as distributed by MLS GRID #22055818 Report a problem
    8/11/2025Listed for sale$145,000
    Source: MIBOR as distributed by MLS GRID #22055815 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,451 +8.7%$64,900 -0.6%
    2024$1,335 +0.5%$65,300 +9.6%
    2023$1,329 +7.6%$59,600 +0.5%
    2022$1,235 +4.4%$59,300 +8.2%
    2021$1,184 +2.4%$54,800 +4.8%
    2020$1,155 -29.8%$52,300 +2.5%
    2019$1,646 +72.5%$51,000 +5.2%
    2018$954 -1.4%$48,500 +1.9%
    2017$968 -4.2%$47,600 -1.4%
    2016$1,010 +1.2%$48,300 -2.8%
    2014$998 $49,700
    2013$998 +1.2%$49,700 +1.2%
    2012$986 $49,100 +3.4%
    2011-- $47,500
    2010$953 -28.5%$47,500 +7%
    2009$1,332 $44,400 -3.1%
    2006-- $45,800 +5.8%
    2005-- $43,300

    Find assessor info on the county website

    Neighborhood: 46012

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Highland Middle School
    • High: Anderson High 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.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.