$175,000
$5K PRICE DROP

120 W 5th St Anderson, IN 46016

Estimated payment $1,083/month

Total Views 6,257
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Welcome to 120 and 118 W Fifth Street - a beautifully updated duplex located just steps from downtown Anderson. This property is the perfect blend of classic charm and modern style with great curb appeal and loads of character. This versatile property offers three spacious units with many updates, vintage details, and abundant natural light. With a third unit already in the home, it can be easily be converted into a triplex. All three units have a kitchen, washer/dryer hookup, and bedroom(s). Whether you're looking to house hack by living in one unit and renting out the others or build a short term rental portfolio, this property is great for any investor. The home has easy access to shops, dining, and local amenities, making it ideal for guests or tenants. Don't miss out on this rare opportunity to own a flexible, income-producing property!

Listing Agent

Michael Nauman

RE/MAX Advanced Realty License #RB22002327 Listed on: 07/11/2025

RE/MAX Advanced Realty

Co-Listing Agent

Madison Nauman

RE/MAX Advanced Realty License #RB23000391

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 1876

Lot Details

  • 4,104 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Schools

  • Highland Middle School
  • Anderson Intermediate School

Community Details

  • Hannah & Hazlett Subdivision

Listing and Financial Details

  • Tax Lot 18-1070-10-01
  • Assessor Parcel Number 481112402081000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,556

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1876
  • Co List Office Phone: 317-298-0961
  • Lot Size Acres: 0.09
  • Subdivision Name: Hannah & Hazlett
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 58333
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • List Price: 175000
  • Road Access: Access Rd,See Remarks

Garage/Parking

  • Unit Parking: On Street,Unpaved

Utilities

  • Cooling: None
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Solid Waste: No

Fee Information

  • Expenses: 0

Schools

  • Middle Or Junior School: Highland Middle School
  • MBR_IntermediateSchool: Anderson Intermediate School

Lot Info

  • Current Use: Residential, See Remarks
  • Lot Size Sq Ft: 4104
  • Parcel Number: 481112402081000003
  • Acres: <1/4 Acre
  • Price Acre: 1944444

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1556
  • Tax Lot: 18-1070-10-01
  • Semi Annual Property Tax Amt: 778

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,556 $70,000 $7,400 $62,600
2023 $1,434 $64,100 $7,100 $57,000
2022 $1,434 $64,400 $6,900 $57,500
2021 $1,323 $58,800 $6,800 $52,000
2020 $1,263 $55,900 $6,500 $49,400
2019 $1,233 $54,500 $6,500 $48,000
2018 $1,152 $49,900 $6,500 $43,400
2017 $988 $49,400 $6,500 $42,900
2016 $988 $49,400 $6,500 $42,900
2014 $982 $49,100 $7,100 $42,000
2013 $982 $49,100 $7,100 $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Price Changed $175,000 -2.8% --
07/11/2025 07/11/25 For Sale $180,000 +1614.3% --
03/15/2013 03/15/13 Sold $10,500 -16.0% $3 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $12,500 -- $4 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Available
Special Warranty Deed -- --
Special Warranty Deed -- --
Sheriffs Deed $52,978 --
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22049939

MIBOR Broker Listing Cooperative®

APN: 48-11-12-402-081.000-003