$87,000
$13K PRICE DROP

1820 Central Ave Anderson, IN 46016

Estimated payment $594/month

Total Views 24,244
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Excellent investment opportunity in the heart of Anderson! This two-story duplex features two rental units with strong income potential and a location that keeps demand high. Situated close to downtown, the hospital, and public transportation, this property attracts consistent tenants seeking convenience and accessibility. Unit One: 2 bedrooms, 1 bath -spacious layout ideal for long-term renters. Unit Two: 1 bedroom, 1 bath - efficient and easy to maintain with solid rental appeal. This is an as-is sale, and the price reflects the current condition, giving investors the chance to add value and maximize returns. With its central location, low-maintenance setup, and flexible unit mix, this property is perfectly suited for those looking to expand their portfolio or generate steady cash flow.

Listing Agent

Hilary Casstevens

Epique Inc License #RB21000271 Listed on: 08/21/2025

Epique Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,484

Year Built

  • Built in 1890

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Tenth Street Elementary School
  • Highland Middle School
  • Anderson Intermediate School
  • Anderson High School

Additional Features

  • 2-Story Property
  • 5,848 Sq Ft Lot
  • Basement

Community Details

  • Hettles Subdivision

Listing and Financial Details

  • Tax Lot 48-11-13-401-235.000-003
  • Assessor Parcel Number 481113401235000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,484

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1890
  • Lot Size Acres: 0.13
  • Subdivision Name: Hettles
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 43500
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • List Price: 87000
  • Road Access: Not Applic

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Schools

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

Lot Info

  • Property Attached Yn: No
  • Lot Size Sq Ft: 5848
  • Parcel Number: 481113401235000003
  • Acres: <1/4 Acre
  • Price Acre: 669231

Multi Family

  • Gross Income: 17040
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1484
  • Tax Lot: 48-11-13-401-235.000-003
  • Semi Annual Property Tax Amt: 742

MLS Schools

  • Elementary School: Tenth Street Elementary School
  • High School: Anderson High School

Map

Range of Values:

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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 $1,485 $66,800 $5,600 $61,200
2023 $1,360 $60,800 $5,400 $55,400
2022 $1,347 $60,200 $5,100 $55,100
2021 $1,222 $54,300 $7,300 $47,000
2020 $1,173 $51,900 $7,300 $44,600
2019 $1,738 $50,600 $7,300 $43,300
2018 $1,591 $46,800 $7,300 $39,500
2017 $928 $46,400 $7,300 $39,100
2016 $1,473 $46,400 $7,300 $39,100
2014 $980 $49,000 $7,300 $41,700
2013 $980 $48,600 $7,300 $41,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Price Changed $87,000 -13.0% --
08/21/2025 08/21/25 For Sale $100,000 +426.3% --
05/24/2013 05/24/13 Sold $19,000 -72.8% $38 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
10/11/2012 10/11/12 For Sale $69,900 -- $138 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Absolute Title Inc
Warranty Deed $24,500 Hocker Janet Davis
Warranty Deed $24,500 Hocker Janet Davis
Warranty Deed -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- --
Warranty Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Land Contract -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $56,000 New Conventional
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22057902

MIBOR Broker Listing Cooperative®

APN: 48-11-13-401-235.000-003