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Anderson, IN Homes for Sale under $200,000

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  • /28

    $199,000

    • 3 Beds
    • 2 Baths
    • 1,356 Sq Ft

    162 W 500 S, Anderson, IN 46013

    Welcome to 162 W 500 S, Anderson, IN - a charming, move-in ready single-family ranch home that blends classic American style with inviting rustic touches. This 1,356 sq ft gem features 3 bedrooms, 2 full baths, and a layout designed for easy living on a generous .27-acre lot. Step inside to find beautiful dark stained hardwood floors throughout most of the main level, while the spacious eat-in

    Peter Stewart Keller Williams Indpls Metro N

    162 W 500 S, Anderson, IN 46013
  • /21

    $145,000

    • 3 Beds
    • 1 Bath
    • 1,474 Sq Ft

    2205 Hendricks St, Anderson, IN 46016

    Turnkey Rental - Fully Renovated from the Studs Up Investment Opportunity: Currently rented for $1,469 per month, with the tenant paying all utilities and handling lawn care, creating a low-maintenance income property. At the $145,000 list price, the property delivers approximately a 1% rent-to-price ratio, a metric many investors seek. This 3-bedroom, 1-bathroom home offers approximately 1,500

    Alyssa Burton Inspired Realty

    2205 Hendricks St, Anderson, IN 46016
  • /26

    $185,500

    • 3 Beds
    • 1 Bath
    • 2,460 Sq Ft

    316 Federal Dr, Anderson, IN 46013

    Be sure to check out this 3 bedroom, 1 bath home on the south side of town. Home features a huge living room that opens to the formal dining area, a large enclosed glass porch on the side of the home, full basement, and a 2 car detached garage. Fall in love with the cabin feel of the upstairs bedroom and loft areas complete with wooden walls, hardwood floors and built-in bookshelves. This one

    Sonya Pickett RE/MAX Real Estate Solutions

    316 Federal Dr, Anderson, IN 46013
  • /4

    $170,000

    • Land
    • 8.76 Acres
    • $19,406 per Acre

    0 E 250 N Unit MBR22088943, Anderson, IN 46012

    If you are looking for a somewhat secluded, wooded lot with a pond to build upon...you might have found what you are looking for. Located North of Chesterfield, not far from the Daleville/Chesterfield Interstate 69 interchange. This location has easy access to Anderson, Muncie, Indianapolis, and Fort Wayne. Several great school districts for School Choice. There are 8.76 acres, mostly wooded with

    Carol Miller Engel & Volkers

    0 E 250 N Unit MBR22088943, Anderson, IN 46012
  • /18

    $130,000

    • 3 Beds
    • 2 Baths
    • 1,583 Sq Ft

    1520 Noble St, Anderson, IN 46016

    Investor opportunity! This tenant-occupied 3-bedroom, 2-bath home is currently rented for $1,417/month (Increased to 1,467 July 2026), with the tenant responsible for all utilities and lawn care, creating a low-maintenance investment from day one. The property has a long-term tenant in place with an established history of timely payments. Several key updates have already been completed, including

    Alyssa Burton Inspired Realty

    1520 Noble St, Anderson, IN 46016
  • /20

    $164,900

    • 3 Beds
    • 2 Baths
    • 1,521 Sq Ft

    516 W 4th St, Anderson, IN 46016

    Spacious 3 bed, 2 bath with fantastic yard and storage garage. This property has multiple updates and is truly move-in ready! Fresh paint inside and out. Brand new flooring, kitchen and bathrooms. Huge living room area and spacious bedrooms. Come see today!

    Barry Hines Realty Wealth Advisors

    516 W 4th St, Anderson, IN 46016
  • /19

    $129,900

    • 2 Beds
    • 1 Bath
    • 952 Sq Ft

    1807 Walton St, Anderson, IN 46016

    Updated 2 bed, 1 bath on a triple lot! Private cottage style home with redone front porch. Oversized 1 car garage provide ample storage. Fresh paint, updated fixtures and brand new flooring throughout. This is a great home to make your own. Come see today!

    Barry Hines Realty Wealth Advisors

    1807 Walton St, Anderson, IN 46016
  • /21

    $140,000

    • 4 Beds
    • 1.5 Baths
    • 1,986 Sq Ft

    2915 E Lynn St, Anderson, IN 46016

    At 2915 E Lynn ST, ANDERSON, IN, USA, stands a single family residence, established in 1905, radiating an inviting atmosphere and prepared for immediate occupancy. Spanning two distinct levels, this residence encompasses 1986 square feet of refined interior living space, designed for comfort and versatility. Within this substantial dwelling, four dedicated sleeping quarters offer personal

    Erica Scott Ever Real Estate, LLC

    2915 E Lynn St, Anderson, IN 46016
  • /6

    $199,000

    • Land
    • 1.34 Acres
    • $148,507 per Acre

    0 E Hartman Rd, Anderson, IN 46012

    Here is an opportunity for a 1.34 acre vacant commercial lot poised for development. Currently zoned as B1 (Local Business District) which is designed and located in neighborhoods to accommodate the primary shopping and service needs of the locality. B1 zoning does allow for single family, double family, and multifamily development and use. Additional approved use is automobile service, office

    Tim Hall F.C. Tucker/Prosperity

    0 E Hartman Rd, Anderson, IN 46012
  • /4

    $178,000

    • 4 Beds
    • 4 Baths

    702 W 5th St, Anderson, IN 46016

    This 4-unit property encompasses 2000 square feet of living area. The substantial 5760 square foot corner lot. Three of the four units are rented, The property has been nicely updated with newer flooring, lighting, and paint. Great ROI potential!

    Jeff Weightman Weightman Realty Group, LLC

    702 W 5th St, Anderson, IN 46016
  • /28

    $169,900

    • 4 Beds
    • 2 Baths
    • 1,311 Sq Ft

    809 College Dr, Anderson, IN 46012

    Charming 4BR/2BA Craftsman featuring beautiful hardwood floors throughout the spacious Living Room and Dining Room. The Kitchen offers a large Pantry and convenient Laundry Area. The Main Level includes two Bedrooms and a full Bath, while the Upper Level provides two additional Bedrooms and a second full Bath. The Upstairs Bedrooms are connected in a classic Craftsman layout, offering flexible

    Candy Bair RE/MAX Real Estate Solutions

    809 College Dr, Anderson, IN 46012
  • /2

    $190,000

    • 4 Beds
    • 3 Baths

    1527 Walnut St, Anderson, IN 46016

    This Triplex configuration offers the distinct advantage of separate living quarters within one cohesive structure, providing versatility in its arrangement. Spanning a generous 2071 square feet of living area, the interiors present abundant space, allowing for diverse personal configurations and comfortable daily routines. There have been many improvements to the nicely remodeled property. This

    Jeff Weightman Weightman Realty Group, LLC

    1527 Walnut St, Anderson, IN 46016
  • /18

    $120,000

    • 3 Beds
    • 1 Bath
    • 816 Sq Ft

    2617 Fowler St, Anderson, IN 46012

    Situated at 2617 Fowler St in Anderson, IN, this single-family residence presents an inviting home that is currently operating as a reliable investment property. The property is tenant-occupied with residents who pay on time and have maintained consistent occupancy, making it an excellent opportunity for investors seeking immediate rental income. Encompassing 816 square feet of living space, this

    Maria Lasher eXp Realty LLC

    2617 Fowler St, Anderson, IN 46012
  • /27

    $150,000

    • 3 Beds
    • 2 Baths

    131 W 13th St, Anderson, IN 46016

    Investor Special! This Anderson duplex checks all the boxes. Rented at $1,600/month its ready to beat the 1% rule. Each unit is separately metered for tenants to cover all utilities. Major updates completed: new siding (2022), some new windows, updated flooring & carpet (2022), plus new appliances, furnace, and water heater (2024). With big-ticket improvements handled and tenant-paid expenses,

    Alyssa Burton Inspired Realty

    131 W 13th St, Anderson, IN 46016
  • /23

    $145,900

    • 2 Beds
    • 1 Bath
    • 975 Sq Ft

    1903 Norwood Place, Anderson, IN 46011

    Welcome home to this beautifully updated 2-bedroom, 1 full bathroom property offering a functional layout and modern finishes throughout. This move-in ready home features new flooring and fresh paint, creating a clean and inviting atmosphere from the moment you step inside. The brand-new kitchen is a true highlight, showcasing new cabinetry, updated countertops, new appliances, and stylish

    Nicolas Harter RE/MAX Real Estate Solutions

    1903 Norwood Place, Anderson, IN 46011
  • /24

    $140,000

    • 4 Beds
    • 1 Bath
    • 2,278 Sq Ft

    521 W 37th St, Anderson, IN 46013

    Southside Investment Opportunity You Don't Want to Miss! If you've been waiting for the right property to add to your portfolio - this is it. This spacious home offers over 2,000 square feet of living space with 4 bedrooms and room to maximize value. Whether you're looking for your next rental, flip, or long-term hold, the potential here is undeniable. Over 2,000 sq ft, 4 generous bedrooms,

    Kimberlan Peak-Hill Keller Williams Indy Metro NE

    521 W 37th St, Anderson, IN 46013
  • /33

    $137,000

    • 3 Beds
    • 1 Bath
    • 1,098 Sq Ft

    1728 Noble St, Anderson, IN 46016

    This charming 3-bedroom, 1-bath home offers the perfect setting for family life and everyday memories. From the welcoming covered front porch-ideal for morning coffee or evening chats-to the warm, inviting interior, this home is ready to be filled with laughter and love. Inside, you'll find bright and comfortable living spaces with beautiful dark flooring, soft neutral tones, and timeless

    Lucero Vargas RE/MAX Complete

    1728 Noble St, Anderson, IN 46016
  • /16

    $189,900

    • 4 Beds
    • 2 Baths
    • 2,235 Sq Ft

    1236 Park Rd, Anderson, IN 46011

    Nice Starter Home or Investment Property. 4 Bedroom, 2 Bath Home with a 1 car Garage.

    Ben Grise List With Ben, LLC

    1236 Park Rd, Anderson, IN 46011
  • /21

    $160,000

    • 2 Beds
    • 2 Baths

    2034 Fletcher St, Anderson, IN 46016

    Updated property with strong income. Currently configured as a duplex, this property offers the opportunity to convert or utilize space as a third unit. New Roof has been installed with gutters, units have been updated inside.

    Angie Daza PRESTIGE SVA GROUP INC

    2034 Fletcher St, Anderson, IN 46016
  • /27

    $128,500

    • 2 Beds
    • 1 Bath
    • 1,008 Sq Ft

    2520 Pamela Ct, Anderson, IN 46012

    Very nice, two-bedroom, one bath condo in the highly desirable Panorama community located on a quiet cul-de-sac. Beautiful all brick condo with an oversized one car garage with extra storage. The two nicely sized bedrooms are located off of the living room and separated by the bathroom. New water heater installed April 2025 and handicap bars installed in tub/shower combo in 2025. Don't miss this

    Melissa True Carpenter, REALTORS®

    2520 Pamela Ct, Anderson, IN 46012
  • /24

    $125,000

    • 3 Beds
    • 2 Baths
    • 1,331 Sq Ft

    812 Chestnut St, Anderson, IN 46012

    Location. Price. Opportunity. Just a 5-minute walk (2-minute drive) to Anderson University, this 3-bedroom, 2-bath home puts you in one of Anderson's most walkable and desirable corridors. Priced at $125,000, this is a rare chance for a first-time buyer to step into ownership and start building equity instead of paying rent. Homes with three bedrooms and two full baths - this close to campus - do

    Deborah Argenta Keller Williams Indpls Metro N

    812 Chestnut St, Anderson, IN 46012
  • /17

    $137,500

    • 3 Beds
    • 1 Bath
    • 1,036 Sq Ft

    1128 W 1st St, Anderson, IN 46016

    Positioned at 1128 W 1st St, Anderson, IN, this fully updated single-family residence is move-in ready and designed for immediate enjoyment. The kitchen is thoughtfully appointed with a stylish backsplash and classic shaker cabinetry, offering a space that is both visually appealing and highly functional. Every major component of the home has been updated, including new windows, new plumbing, new

    Angie Daza PRESTIGE SVA GROUP INC

    1128 W 1st St, Anderson, IN 46016
  • /36

    $110,000

    • 4 Beds
    • 2 Baths
    • 1,909 Sq Ft

    908 Cottage Ave, Anderson, IN 46012

    Located at 908 Cottage AVE in ANDERSON, IN, USA, this single-family residence presents an inviting home, thoroughly prepared for those ready to embrace a distinctive living experience. Among the four bedrooms, one particular space distinguishes itself with a striking wood wall, imparting a unique sense of character and warmth within its confines. This two-story residence, built in 1895,

    Marty Dulworth RE/MAX Real Estate Solutions

    908 Cottage Ave, Anderson, IN 46012
  • /17

    $111,000

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft

    321 E 34th St, Anderson, IN 46013

    Welcome home to this move in ready bungalow located in the Meadowbrook area. This affordable two bedroom home has an updated kitchen with a large window for tons of natural light and includes the dishwasher, refrigerator, range/oven with microwave hood. The living room is spacious with lots of natural light. Beautiful original hardwood floors through out. The two bedrooms have hardwood floors and

    Ann Skinner Weichert, Realtors-Tralee Prop

    321 E 34th St, Anderson, IN 46013
  • /26

    $142,300

    • 3 Beds
    • 1 Bath
    • 925 Sq Ft

    1913 Norwood Place, Anderson, IN 46011

    Newley updated 3 bedrooms ranch in Madison county. House is located in a cul-de-sac. Freshly painted, new carpet through , Nice kitchen size including a large pantry , Gas stove, laminate floor that add luxury design to the kitchen. Brand new fridge. New vanity in the full bath. House consists of 2 splits units. Spacious backyard. Roof is only 4 months . Separate barn for storage

    Lucia Girgis Snyder Strategy Realty, Inc

    1913 Norwood Place, Anderson, IN 46011
  • /18

    $128,000

    • 3 Beds
    • 1 Bath
    • 900 Sq Ft

    2720 Seminole Ct, Anderson, IN 46012

    This single-family residence presents an inviting home, ready for its new owner. The kitchen offers a delightful space to create culinary masterpieces, enhanced by the elegant touch of crown molding, making every meal preparation feel like a special occasion. In the bedroom, crown molding adds a touch of sophistication and charm, creating a peaceful retreat where you can unwind and recharge. The

    Celeste Mariotti Carpenter, REALTORS®

    2720 Seminole Ct, Anderson, IN 46012
  • /24

    $129,900

    • 3 Beds
    • 1.5 Baths
    • 1,566 Sq Ft

    2506 E 8th St, Anderson, IN 46012

    Walk into this unique floor plan and imagine yourself here or consider adding this current investment property into your investment portfolio for steady rental income! This property sits on a large corner lot and has enough space to accommodate 3 bedrooms or 2 bedrooms and a living room. Currently the living room is on the main level along with a half bath and laundry room. Up the spiral

    Tim Hall F.C. Tucker/Prosperity

    2506 E 8th St, Anderson, IN 46012
  • /32

    $175,000

    • 4 Beds
    • 3 Baths

    615-617 Ruddle Ave, Anderson, IN 46012

    Income producing duplex available near the heart of downtown Anderson with one unit currently occupied. This duplex used to be a triplex and could be converted back with the second floor being two 1 bed/1 bath units. The building underwent significant electrical, plumbing, and HVAC renovation in 2020. There are 3 gas meters, 3 electrical panels. The upstairs unit (currently vacant) features two

    Tim Hall F.C. Tucker/Prosperity

    615-617 Ruddle Ave, Anderson, IN 46012
  • /23

    $125,900

    • 3 Beds
    • 1 Bath
    • 1,344 Sq Ft

    2828 Lincoln St, Anderson, IN 46016

    Welcome to 2828 Lincoln St in Anderson! This recently renovated home offers a fresh, move-in-ready feel with updates throughout. Step inside to find modern finishes, updated flooring, and a bright, inviting interior that makes everyday living easy. The renovation enhances both style and functionality, making this property a great option for homeowners or investors alike. Conveniently located near

    Nicolas Harter RE/MAX Real Estate Solutions

    2828 Lincoln St, Anderson, IN 46016
  • /21

    $127,400

    • 2 Beds
    • 1 Bath
    • 884 Sq Ft

    3611 E Lynn St, Anderson, IN 46013

    Welcome home to this adorable and affordable Bedford stone home. There is a 12x8 enclosed patio that welcomes visitors and provides a place to leave shoes at the door. You will love walking into a nicely sized living area featuring the charm of original hardwood floors. The kitchen boasts plenty of counter space and cabinets for storage, and all appliances stay. Both bedrooms are a modest size

    Schuyler Estes RE/MAX Real Estate Solutions

    3611 E Lynn St, Anderson, IN 46013
  • /28

    $200,000

    • 4 Beds
    • 2 Baths
    • 3,028 Sq Ft

    225 College Dr, Anderson, IN 46012

    With a unique layout, and a mid century modern feel this property offers endless possibilities. A large footprint of 3,028 sq ft offers up to 4 bedrooms with 2 full bathrooms. This home also features a great location with walkability to down town Anderson as well as being in the immediate area of Anderson University. It is currently performing as an occupied investment property generating

    Tim Hall F.C. Tucker/Prosperity

    225 College Dr, Anderson, IN 46012
  • /30

    $134,000

    • 3 Beds
    • 1 Bath
    • 1,007 Sq Ft

    130 Elva St, Anderson, IN 46013

    Welcome home to this cute and move-in-ready three-bedroom property offering a functional layout and a long list of updates throughout. Step inside to find all-new flooring and fresh paint, creating a clean and modern feel from room to room. The updated kitchen shines with new cabinets, countertops, fixtures, and appliances, making it both stylish and practical for everyday living. The home

    Trevar Denney RE/MAX Real Estate Solutions

    130 Elva St, Anderson, IN 46013
  • /24

    $125,000

    • 3 Beds
    • 1.5 Baths
    • 1,290 Sq Ft

    2803 Dewey St, Anderson, IN 46016

    Welcome to 2803 Dewey Street, a charming all-brick single-family home with a durable metal roof, located in the heart of Anderson. This three-bedroom residence boasts a bright, open living area and sits on a generously sized, fully fenced lot. The kitchen, a perfect blend of style and function, features classic shaker cabinets and an open-concept layout that flows seamlessly into the living

    Kevin Majeski eXp Realty, LLC

    2803 Dewey St, Anderson, IN 46016
  • /36

    $139,900

    • 3 Beds
    • 1.5 Baths
    • 1,148 Sq Ft

    406 W 6th St, Anderson, IN 46016

    Located at 406 W 6th ST, ANDERSON, IN, this inviting home in Madison County offers a wonderful opportunity to settle into a ready-to-move-in residence. Imagine relaxing on the porch, sipping a refreshing beverage, and watching the world go by. The three bedrooms offer comfortable retreats, with one bedroom featuring the convenience of an ensuite bathroom. This single-family residence also offers

    Barry Hines Realty Wealth Advisors

    406 W 6th St, Anderson, IN 46016
  • /20

    $155,000

    • 3 Beds
    • 1 Bath
    • 1,358 Sq Ft

    2803 E Lynn St, Anderson, IN 46016

    Discover an inviting home awaiting you at 2803 E Lynn ST, ANDERSON, IN. This single-family residence in Madison County offers a charming and move-in ready experience. Imagine culinary adventures unfolding within the kitchen, where the classic design of shaker cabinets provides a welcoming space to create your favorite dishes. The laundry room offers the possibility of streamlined routines. This

    Abigail Escobar Keller Williams Indy Metro NE

    2803 E Lynn St, Anderson, IN 46016
  • /11

    $124,000

    • 2 Beds
    • 1 Bath
    • 924 Sq Ft

    30 W 39th St, Anderson, IN 46013

    Nice bungalow with corner lot and 1 car detached garage. New roof and new water heater.

    Bob Delph F.C. Tucker/Prosperity

    30 W 39th St, Anderson, IN 46013
  • /24

    $199,000

    • Land
    • 24 Acres
    • $8,292 per Acre

    0 E 16th St, Anderson, IN 46016

    RIVER FRONT!! This property consists of approximately 24 acres along the White River in Madison County, Indiana, within Anderson city limits. It features nearly 2,000 feet of river frontage, supporting kayaking, canoeing, and great smallmouth bass fishing with convenient river access points. The river is majority rock bottom in this area with depths at normal level around 2-3' so it is perfect

    Tyler Fritz Whitetail Properties

    0 E 16th St, Anderson, IN 46016
  • /32

    $119,900

    • 3 Beds
    • 2 Baths
    • 968 Sq Ft

    2011 Mckinley St, Anderson, IN 46016

    Step inside this beautifully inviting 3-bedroom, 2-full-bath home that blends modern updates with classic comfort. From the charming front porch to the cozy layout inside, this home welcomes you with the kind of warmth that makes you instantly feel at ease. Whether you're buying your first home or adding to your investment portfolio, this property offers great space, thoughtful updates, and a

    Lucero Vargas RE/MAX Complete

    2011 Mckinley St, Anderson, IN 46016
  • /26

    $115,900

    • 3 Beds
    • 1 Bath
    • 1,280 Sq Ft

    1318 E 28th St, Anderson, IN 46016

    Completely updated 3BR/1BA home in Anderson! Fully renovated in Nov. 2025 with NEW siding, NEW roof, NEW flooring throughout, and fresh interior paint. Bright living space, functional kitchen, and three comfortable bedrooms. Big fenced in back yard with garage in the back. Move-in Ready!

    Peyton Nichols RE/MAX Real Estate Solutions

    1318 E 28th St, Anderson, IN 46016
  • /18

    $125,000

    • 2 Beds
    • 1 Bath
    • 879 Sq Ft

    201 E 38th St, Anderson, IN 46013

    Step into this charming two-bedroom, one-bath bungalow located on the south side of town, just moments from shopping, dining, and everyday conveniences. A welcoming arched entry from the galley kitchen opens into a large living room, showcasing classic architectural character and tall ceilings throughout. The home's unfinished basement provides a dedicated laundry area along with plenty of

    Candy Bair RE/MAX Real Estate Solutions

    201 E 38th St, Anderson, IN 46013

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