$49,900
PENDING $20K PRICE DROP

1530 Ohio Ave Anderson, IN 46016

Estimated payment $319/month

Total Views 18,984
2 Beds
1 Bath
940 Sq Ft
$53 Price per Sq Ft

Highlights

  • Ranch Style House
  • No HOA
  • Enclosed Glass Porch
  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

Welcome to 1530 Ohio Ave in Anderson, IN-a tenant-occupied, turnkey investment property offering cash flow from day #1! This renovated 2-bedroom, 1-bath ranch features 940 sq. ft. plus an unfinished basement and is ideally located minutes from downtown, Anderson University, and under 10 minutes from Harrah's Hoosier Park & Casino. The current tenant is on a one-year lease through February 2027, paying $900/month, with utilities and lawn care paid by the tenant, keeping owner expenses low. Recent updates include fresh paint, new flooring, and upgraded PEX plumbing throughout. Inside, a spacious living room flows into a generously sized eat-in kitchen with pantry and laundry hookups, plus a welcoming three-season room at the front. Offered as-is, this low-maintenance property nearly hits the 2% rule at the asking price, making it a compelling addition to any rental portfolio. Solid location, stable tenancy, and immediate cash flow-this is an investor-ready opportunity you don't want to miss!

Listing Agent

Peter Stewart

Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 07/28/2025

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $720

Year Built

  • Built in 1934 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Additional Parcels

Home Design

  • Ranch Style House
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 940 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Glass Porch

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 481218203119000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$720

Year Built

Built in 1934 | Remodeled

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1934
  • Building Area Total: 940
  • Garage Y N: No
  • Lot Size Acres: 0.07
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: peter@peterstewartrealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Water Heater, MicroHood, Electric Oven
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Pull Down Stairs, Eat-in Kitchen
  • Living Area: 940
  • Other Equipment: None
  • Spa Y N: No
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 940
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • Patio And Porch Features: Glass Enclosed
  • Pool Private Y N: No
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No

Utilities

  • Cooling: None
  • Heating: Forced Air, Electric
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks, Storm Sewer, Street Lights
  • Property Attached Yn: No
  • Additional Parcels Description: 48-12-18-203-117.000-003
  • Additional Parcels: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 3049
  • Parcel Number: 481218203119000003
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 720
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 360
  • Tax Exemption: None

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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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
2025 $720 $56,200 $2,900 $53,300
2024 $720 $32,400 $2,900 $29,500
2023 $664 $29,700 $2,800 $26,900
2022 $316 $29,800 $2,600 $27,200
2021 $292 $27,400 $2,600 $24,800
2020 $371 $40,500 $2,500 $38,000
2019 $542 $39,400 $2,500 $36,900
2018 $335 $36,100 $2,500 $33,600
2017 $240 $30,800 $2,500 $28,300
2016 $616 $30,800 $2,500 $28,300
2014 $476 $23,800 $2,500 $21,300
2013 $476 $23,800 $2,500 $21,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2026 03/14/26 Pending -- -- --
02/24/2026 02/24/26 For Sale $49,900 0.0% $53 / Sq Ft
01/23/2026 01/23/26 Off Market $49,900 -- --
11/06/2025 11/06/25 Price Changed $49,900 -9.1% $53 / Sq Ft
09/30/2025 09/30/25 Price Changed $54,900 -8.3% $58 / Sq Ft
08/15/2025 08/15/25 Price Changed $59,900 -14.3% $64 / Sq Ft
07/28/2025 07/28/25 For Sale $69,900 -- $74 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $35,000 Absolute Title Inc
Quit Claim Deed $10,000 None Available
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22052071

MIBOR Broker Listing Cooperative®

APN: 48-12-18-203-117.000-003

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