Address
1736 W 12th Street, Anderson, IN
Price
$ 54,900
Property Attributes
  • MLS#22075422
  • TypeSingle Family
  • Listing Status Active
  • CountyMADISON
  • CityAnderson
  • AreaAnderson
  • NeighborhoodPeach Place
  • Zip46016
  • StyleRanch
  • Year Built1920
  • Taxes$ 1100
  • Price$ 54,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1524
  • Lot Size0.22 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Investor Alert! Don't miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $1468/mo (HUD, MTM - owner pays utilities (avg $220/mo)) - well over the 2% rule!! The home sits on a deep lot and has 3 bedrooms, 1 bathroom, and just over 1000 sq ft of finished living space and a partial unfinished basement. Huge covered front porch and large partially fenced rear yard. No HOA! Excellent location within blocks of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is.

Price History
12/8/2025 Listed $65,000
4/28/2026 8$59,900
7/31/2026 9$54,900

General Features

Heating Forced Air,Natural Gas
Cooling None
Possession Subject To Tenant Rights
Appliances Gas Oven,Refrigerator,Gas Water Heater
Patio/Porch Features Covered
Architectural Style Ranch
Construction Materials Vinyl Siding
Year Built 1920
Township Anderson
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Madison
New Construction No
Property Type Residential
HOA No
Subdivision Name Peach Place
Garage Y/N No
Total Rooms 5
Full Baths 1
Status Active
Directions GPS Friendly
City Anderson
High School District Anderson Community School Corp
MLS Area 4810 - Madison - Anderson NW
Lot Size Square Feet 9400
Property Attached Y/N No
Property Condition Fixer
Additional Parcels Y/N No
Standard Status Active
Legal Description Peach Place 0.0000Acres Str: 00000 Section: Plat: 59 In: Out:

Interior Features

Interior Amenities Attic Access,Eat-in Kitchen
Basement Partial,Unfinished
Basement (Y/N) Yes
Total Bedrooms 3
Main Level Bedrooms 3
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Fencing Chain Link,Partial
Parking Features Gravel
Water Source Public
Foundation Details Block,Crawl Space
Spa No
Building Area Total 1524
Lot Size Acres 0.22
Waterfront Y/N No
Other Equipment None
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46016

Price
AVG $110K
$50K
Taxes
AVG $1,022
$1,100
Year Built
AVG 1921
1920
Visits
AVG 54
190
Data Provided by Inside Real Estate®

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