NOT LISTED FOR SALE

1612 Cincinnati Ave Anderson, IN 46016

Anderson Area

Estimated Value: $58,000

3 Beds
1.5 Baths
1,080 Sq Ft
$54/Sq Ft Est. Value

Sale Details

Date Sold: February 12, 2026

Last sale price $57,000 $53 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $409 / mo

31 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Eat-In Kitchen
  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2026

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.

Last Agent to Sell the Property

Peter Stewart

Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 12/08/2025

Keller Williams Indpls Metro N

Last Buyer's Agent

Anastasia Cotsoviles

RE/MAX Real Estate Solutions

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 1900

Lot Details

  • 9,600

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Carpet
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Covered Patio or Porch
  • 9,600 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Jacksons Outlot Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481218204024000003
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,006

Year Built

Built in 1900

Lot Details

9,600 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1900
  • Building Area Total: 1080
  • Garage Y N: Yes
  • Lot Size Acres: 0.22
  • Subdivision Name: Jacksons Outlot
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: peter@peterstewartrealty.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Eat-in Kitchen
  • Living Area: 1080
  • Spa Y N: No
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1080
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 9600
  • Parcel Number: 481218204024000003
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1006
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 503
  • Tax Exemption: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2025
Closed on
Feb 10, 2026
Sold by
Bought by
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Anastasia Cotsoviles
RE/MAX Real Estate Solutions
List Price
$59,000
Sold Price
$57,000
Premium/Discount to List
-$2,000
-3.39%
Views
53
Current Estimated Value
$58,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,000
Avg. Annual Appreciation
3.77%
Original Mortgage
$141,000
Outstanding Balance
$132,885
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$74,885

Purchase Details

Closed on
May 7, 2021
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 2017
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Absolute Title Inc
$35,000 American Land Title
$24,200 --
$24,200 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $141,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/12/2026 02/12/26 Sold $57,000 -3.4% $53 / Sq Ft
01/08/2026 01/08/26 Pending -- -- --
12/22/2025 12/22/25 For Sale $59,000 0.0% $55 / Sq Ft
12/09/2025 12/09/25 Pending -- -- --
12/08/2025 12/08/25 For Sale $59,000 -- $55 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,097 $49,800 $7,100 $42,700
2024 $1,007 $45,300 $7,100 $38,200
2023 $937 $41,900 $6,700 $35,200
2022 $940 $42,000 $6,500 $35,500
2021 $419 $38,700 $6,400 $32,300
2020 $400 $36,900 $6,100 $30,800
2019 $207 $36,000 $6,100 $29,900
2018 $369 $33,500 $6,100 $27,400
2017 $261 $32,500 $6,100 $26,400
2016 $256 $32,500 $6,100 $26,400
2014 $385 $44,900 $6,100 $38,800
2013 $385 $45,100 $6,100 $39,000
Source: Public Records

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22075418

MIBOR Broker Listing Cooperative®

APN: 48-12-18-204-024.000-003

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