1530 Ohio Ave Anderson, IN 46016
Estimated payment $319/month
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
Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 07/28/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $35,000 | Absolute Title Inc | |
| Quit Claim Deed | $10,000 | None Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22052071
APN: 48-12-18-203-117.000-003
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Ask me questions while you tour the home.