803 W 5th St
BAD CREDIT OK
HOMES ON PAYMENTS
FIX-UP HOMES
LOCATED IN
ANDERSON, INDIANA
803 W 5th St Anderson, Indiana 46016
4 Bedrooms . . . . . 1 Bath . . . . . No Garage
Price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $88,900
Monthly Payment . . . . . . . . . . . . . . . . . . . . . . $799
Down Payment . . . . . . . . . . . . . . . . . . . . . . . $800
Large 2 story, 4 bedroom home. One bedroom is on main floor.
Wrap around porch. Large utility/laundry room.
Front yard is Fenced in with classic black iron fencing.
Backyard is fenced in with chain link. Shed in backyard provides ample storage.
Our Homes on Payments Fix-Up Home Program offers home purchasing opportunities
for families, individuals and investors in the Central Indiana area.
Get qualified for a Homes on Payments home in just 3 days with little or nothing down.
Our Homes on Payments homes are easy to qualify and bad credit is OK.
Why throw your money away renting when you can purchase your own Homes on Payments home.
Offered By: Rainbow Realty Group, Inc.
WINDSOR VILLAGE OFFICE (EAST)
6104 E 21st Street
Indianapolis, Indiana
The owners of Rainbow Realty Group, Inc. have been in the Real Estate Business since 1974.
They have bought and sold over 1000 homes and have a reputation of being fair but firm.
This Homes on Payments property has a sales price of $88,900 with $800 down and $799 monthly.
Term is 30 years under a purchase contract at a fixed rate of interest (9.72%).
There are. . . NO "pre-payment penalties". . . NO "balloon payments". . . NO "adjustable rates"
or ANY "adverse conditions" to make you lose your property. Taxes ARE included in payment.
The only way you will ever lose your home or property... is if YOU don't make your payments.
All properties are offered in "AS-IS" condition to be used as investment income properties.
Properties may not be rented, lived in or used as a dwelling until property is brought up to
minimum habitability standards. Buyer agrees to pay the cost of all repairs and maintenance.
DIY in Indianapolis and Central Indiana ... Rainbow Realty Group has a huge selection of Homes on Payments Homes
Sold for $88,900
$88,900
803 W 5th St, Anderson, IN 46016
4beds
2,072sqft
Single Family Residence
Built in ----
-- sqft lot
$76,200 Zestimate®
$43/sqft
$1,167 Estimated rent
Home value
$76,200
$53,000 - $104,000
$1,167/mo
Zestimate® history
Owner options
List your home for rent
$1,167/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,167/mo
Rent Zestimate®
Refinance and save
$432/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$432/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 startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Wrap around porch
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: WD Hookup
- Laundry: Hookups
Features
- WD Hookup
Interior area
- Total interior livable area: 2,072 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 481112302165000003
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Community
- Deposit fee: $800
- Application fee: $25
Location
- Region: Anderson
Financial & listing details
- Price per square foot: $43/sqft
- Tax assessed value: $55,600
- Annual tax amount: $529
- Date on market: 1/2/2026
- Lease term: Rent to Own
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Sold | $88,900+4.7%$43/sqft |
Source: Public Record Report a problem | ||
| 1/13/2026 | Listing removed | $799 |
Source: Zillow Rentals Report a problem | ||
| 8/19/2025 | Listed for rent | $799+60.1% |
Source: Zillow Rentals Report a problem | ||
| 3/24/2023 | Sold | $84,900+37.2%$41/sqft |
Source: Public Record Report a problem | ||
| 8/5/2021 | Sold | $61,900+1668.6%$30/sqft |
Source: Public Record Report a problem | ||
| 5/27/2020 | Listing removed | $499 |
Source: Rainbow Realty Group, Inc d/b/a HomesOnPayments.com Report a problem | ||
| 11/26/2019 | Listed for rent | $499 |
Source: Zillow Rental Manager Report a problem | ||
| 3/16/2013 | Sold | $3,500$2/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $529 +7.8% | $55,600 +11% |
| 2024 | $491 +17.5% | $50,100 +9.4% |
| 2023 | $417 +32.7% | $45,800 -0.2% |
| 2022 | $315 -59.3% | $45,900 +28.6% |
| 2021 | $773 +2.3% | $35,700 +4.7% |
| 2020 | $756 +6.6% | $34,100 +2.4% |
| 2019 | $709 +16.5% | $33,300 +8.8% |
| 2018 | $609 | $30,600 +1% |
| 2017 | $609 -2.2% | $30,300 |
| 2016 | $623 +1.5% | $30,300 -0.7% |
| 2014 | $614 | $30,500 |
| 2013 | $614 +229.4% | $30,500 +1.7% |
| 2012 | $186 | $30,000 -0.3% |
| 2011 | -- | $30,100 |
| 2010 | $213 +16.6% | $30,100 +1% |
| 2009 | $183 | $29,800 -18.6% |
| 2006 | -- | $36,600 +4% |
| 2005 | -- | $35,200 |
Find assessor info on the county website
Neighborhood: 46016
Nearby homes
- $50,1003 bd1 ba384 sqft731 W 5th St, Anderson, IN 46016Off Market
- $100,5004 bd1 ba1.2k sqft807 W 5th St, Anderson, IN 46016Off Market
- $73,7003 bd1 ba1.1k sqft811 W 5th St, Anderson, IN 46016Off Market
- $71,6003 bd1 ba1.7k sqft729 W 5th St, Anderson, IN 46016Off Market
- $96,0003 bd1 ba1.3k sqft725 W 5th St, Anderson, IN 46016Off Market
- $225,0005 bd2 ba3.4k sqft817 W 5th St, Anderson, IN 46016For Sale
- $111,0004 bd1 ba1.8k sqft802 W 5th St, Anderson, IN 46016Off Market
- $130,6003 bd1 ba1.7k sqft728 W 5th St, Anderson, IN 46016Off Market
Nearby schools
GreatSchools rating
- 3/10Eastside Elementary SchoolGrades: K-5Distance: 2.3 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 3.6 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 3 mi
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
$76,200
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
$76,200
- Indiana
- Madison County
- Anderson
- 46016
- 803 W 5th St