Come see this fully occupied triplex, just blocks away from Anderson University campus. There is a history of consistent rental income, and consistent upkeep overtime. The property has close proximity to tons of amenities, major retailers, shops, downtown Anderson, and is just minutes from Mounds State & Shadyside Memorial Parks. The backyard is perfect for relaxing in the evenings or enjoying a bonfire with friends and family. Recent improvements and maintenance include: two new water heaters, installation of additional electrical panel, remodeling of both front & back decks, adding additional laundry room for ADU, new paint & landscaping. Two of the three units have longterm tenants in place through Spring of 2026. The other is month to month. If you're looking for a new investment in a great location - schedule a private tour today!
Sold
$230,000
607 Chestnut St, Anderson, IN 46012
5beds
5baths
--sqft
Multi Family, Triplex
Built in 1941
-- sqft lot
$232,400 Zestimate®
$--/sqft
$786 Estimated rent
Home value
$232,400
$202,000 - $263,000
$786/mo
Zestimate® history
Owner options
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$786/mo
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$786/mo
Rent Zestimate®
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$1,448/mo
Est. payment
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$1,448/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Matthew Wehner 765-610-4810,
Gardner Property Group
Bought with:
Karina Oertel
F.C. Tucker Company
Rob Measel
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22054306
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Main level bathrooms: 5
Heating
- Forced Air
Cooling
- Central Air, Window Unit(s)
Appliances
- Laundry: Laundry Room, In Basement
Features
- Basement: Apartment,Partially Finished
Property
Parking
- Parking features: Asphalt
- Details: Unit Parking(On Street, Paved Area)
Features
- Levels: Two and a Half
- Stories: 2
- Exterior features: Balcony, Gas Grill, Fire Pit
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 7,840 Square Feet
Details
- Has additional parcels: Yes
- Parcel number: 481207301027000003
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Triplex
Materials
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1941
Community & HOA
Community
- Subdivision: Walnut Park
Location
- Region: Anderson
Financial & listing details
- Tax assessed value: $107,300
- Annual tax amount: $2,462
- Date on market: 8/5/2025
- Cumulative days on market: 16 days
- Tenant pays: No Utilities
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2025 | Sold | $230,000-4.2% |
Source:  MIBOR as distributed by MLS GRID #22054306 Report a problem | ||
| 8/20/2025 | Pending sale | $240,000 |
Source: MIBOR as distributed by MLS GRID #22054306 Report a problem | ||
| 8/5/2025 | Listed for sale | $240,000 |
Source: MIBOR as distributed by MLS GRID #22054306 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,462 +9% | $107,300 -3.2% |
| 2024 | $2,259 +0.5% | $110,800 +9.7% |
| 2023 | $2,248 +8.7% | $101,000 +0.5% |
| 2022 | $2,069 +3% | $100,500 +9.5% |
| 2021 | $2,009 +2.5% | $91,800 +3.4% |
| 2020 | $1,959 +3.9% | $88,800 +2.7% |
| 2019 | $1,886 +16.5% | $86,500 +6% |
| 2018 | $1,619 -1.3% | $81,600 +1% |
| 2017 | $1,641 -5.1% | $80,800 -1.3% |
| 2016 | $1,730 +0.9% | $81,900 -4.4% |
| 2014 | $1,714 | $85,700 |
| 2013 | $1,714 | $85,700 -1.2% |
| 2011 | -- | $86,700 |
| 2010 | $1,734 -33.4% | $86,700 -0.1% |
| 2009 | $2,604 | $86,800 |
Find assessor info on the county website
Neighborhood: 46012
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Nearby schools
GreatSchools rating
- 5/10Tenth Street Elementary SchoolGrades: K-5Distance: 1.5 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 2.6 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.
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- Indiana
- Madison County
- Anderson
- 46012
- 607 Chestnut St
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