2623 Central Ave Anderson, IN 46016
Estimated payment $765/month
Highlights
- No HOA
- Laundry Room
- 1-Story Property
- Enclosed Glass Porch
- Bungalow
- Vinyl Plank Flooring
About This Home
Turnkey investment opportunity with long-term lease already in place. This 3-bedroom rental is tenant-occupied and leased through January 2027 at $1,175/month, offering immediate cash flow and stability for investors. The property was remodeled approximately one year ago, with numerous updates throughout that help minimize near-term maintenance and capital expenditures. The efficient 3-bedroom layout provides strong rental demand while the 1,048 sq ft footprint keeps maintenance and turnover costs low-an ideal combination for investors looking to maximize return. Interior features include a spacious kitchen, dedicated laundry room, and a fully enclosed front porch that adds usable living space and tenant appeal. A basement provides storage and utility access, while outside the property offers off-street parking with a driveway plus an existing concrete pad in the rear. This is a true turnkey rental with stable income already in place, making it an excellent addition for both new and experienced investors.
Listing Agent
Indiana Ford Realty LLC Brokerage Email: Travis@CarpHomes.net License #RB22001832 Listed on: 03/13/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,082
Year Built
- Built in 1955 | Remodeled
Parking
- Alley Access
Home Design
- Bungalow
- Brick Foundation
- Vinyl Siding
Interior Spaces
- 1,048 Sq Ft Home
- 1-Story Property
- Combination Kitchen and Dining Room
- Gas Oven
- Unfinished Basement
Flooring
- Laminate
- Vinyl Plank
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
Schools
- Highland Middle School
- Anderson Intermediate School
Additional Features
- Enclosed Glass Porch
- 3,680 Sq Ft Lot
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 481124101165000003
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 | $1,082 | $54,200 | $6,500 | $47,700 |
| 2024 | $1,082 | $48,700 | $6,500 | $42,200 |
| 2023 | $995 | $44,500 | $6,200 | $38,300 |
| 2022 | $946 | $42,300 | $5,800 | $36,500 |
| 2021 | $873 | $38,800 | $5,800 | $33,000 |
| 2020 | $836 | $37,000 | $5,500 | $31,500 |
| 2019 | $816 | $36,100 | $5,500 | $30,600 |
| 2018 | $766 | $33,200 | $5,500 | $27,700 |
| 2017 | $654 | $32,700 | $5,500 | $27,200 |
| 2016 | $540 | $27,000 | $5,500 | $21,500 |
| 2014 | $424 | $21,200 | $5,500 | $15,700 |
| 2013 | $424 | $21,200 | $5,500 | $15,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2026 03/13/26 | For Sale | $129,900 | -- | $124 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Sheriffs Deed | $1,069 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $89,000 | Credit Line Revolving | |
| Previous Owner | $30,000 | Seller Take Back | |
| Previous Owner | $51,000 | Construction |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22089134
APN: 48-11-24-101-165.000-003
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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Ask me questions while you tour the home.