Investor Alert! Don't miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $800/mo (HUD - tenant pays utilities) - well over the 1% rule!! The home sits on a corner lot and has 3 bedrooms, 1.5 bathrooms, and just over 1000sq ft of finished living space. Detached 2 car garage. No HOA! Excellent location within one mile 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.
Pending
$59,000
1612 Cincinnati Ave, Anderson, IN 46016
3beds
1,080sqft
Est.:
Residential, Single Family Residence
Built in 1900
9,583.2 Square Feet Lot
$-- Zestimate®
$55/sqft
$-- HOA
What's special
Corner lot
- 2 days |
- 262 |
- 15 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 07:52am
Listing Provided by:
Peter Stewart 317-450-9202,
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22075418
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 2
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Bedroom 3
- Level: Main
- Area: 192 Square Feet
- Dimensions: 24x8
Kitchen
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Living room
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15x14
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Oven, Refrigerator
Features
- Attic Access, Eat-in Kitchen
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 1,080
- Total interior livable area: 1,080 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 9,583.2 Square Feet
Details
- Parcel number: 481218204024000003
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Jacksons Outlot
HOA
- Has HOA: No
Location
- Region: Anderson
Financial & listing details
- Price per square foot: $55/sqft
- Tax assessed value: $45,300
- Annual tax amount: $1,006
- Date on market: 12/8/2025
- Cumulative days on market: 3 days
Estimated market value
Not available
Estimated sales range
Not available
$1,001/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Pending sale | $59,000$55/sqft |
Source:  MIBOR as distributed by MLS GRID #22075418 Report a problem | ||
| 12/8/2025 | Listed for sale | $59,000$55/sqft |
Source: MIBOR as distributed by MLS GRID #22075418 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $937 -0.2% | $45,300 +8.1% |
| 2023 | $940 +124.4% | $41,900 -0.2% |
| 2022 | $419 +4.6% | $42,000 +8.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$287/mo
Principal & interest
$229
Property taxes
$37
Home insurance
$21
Climate risks
Neighborhood: 46016
Nearby schools
GreatSchools rating
- 5/10Tenth Street Elementary SchoolGrades: K-4Distance: 1.7 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 3.2 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 2.6 mi
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