908 Walnut St Anderson, IN 46012
Estimated payment $1,244/month
Highlights
- Traditional Architecture
- Laundry Room
- 4-minute walk to Edgewater Park
About This Home
Fully occupied triplex offering immediate cash flow with $2,569/month in gross rental income. This stabilized investment has been renovated in recent years and features a new roof (2023) and new furnace (2022). Long-term tenants have a strong payment history and currently handle lawn care and snow removal. Owner pays water/sewer and gas; tenants pay electric and trash. Offered at $198,000, this property exceeds the 1% rule and presents an excellent opportunity for investors seeking stable income and a well-maintained asset.
Listing Agent
Inspired Realty Brokerage Email: ab.inspiredinvestments@gmail.com License #RB22002421 Listed on: 07/03/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,172
Year Built
- Built in 1900
Lot Details
- 8,308 Sq Ft Lot
Home Design
- Triplex
- Traditional Architecture
- Block Foundation
- Shingle Siding
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
- Laundry Room
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Community Details
- Frees Park Place Subdivision
- No Laundry Facilities
Listing and Financial Details
- The owner pays for gas, water
- Tax Lot L016
- Assessor Parcel Number 481207304092000003
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,172 | $98,600 | $9,300 | $89,300 |
| 2024 | $2,253 | $101,400 | $9,300 | $92,100 |
| 2023 | $1,608 | $71,900 | $8,900 | $63,000 |
| 2022 | $1,597 | $71,400 | $8,400 | $63,000 |
| 2021 | $1,310 | $58,200 | $8,300 | $49,900 |
| 2020 | $1,258 | $55,700 | $8,000 | $47,700 |
| 2019 | $1,228 | $54,300 | $8,000 | $46,300 |
| 2018 | $1,191 | $51,600 | $8,000 | $43,600 |
| 2017 | $978 | $48,900 | $8,000 | $40,900 |
| 2016 | $1,836 | $49,600 | $8,200 | $41,400 |
| 2014 | $1,384 | $69,200 | $8,600 | $60,600 |
| 2013 | $1,384 | $69,200 | $8,600 | $60,600 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/03/2026 07/03/26 | For Sale | $198,000 | +85.0% | -- | |
| 06/28/2022 06/28/22 | Sold | $107,000 | -10.1% | $51 / Sq Ft | View Prior Sale |
| 05/04/2022 05/04/22 | Pending | -- | -- | -- | |
| 04/27/2022 04/27/22 | For Sale | $119,000 | -- | $57 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Hocker Janet Davis | |
| Deed | $44,000 | -- | |
| Deed | $44,000 | Meridian Title Co | |
| Sheriffs Deed | $18,001 | -- | |
| Warranty Deed | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,000 | New Conventional | |
| Previous Owner | $29,000 | Commercial | |
| Previous Owner | $54,720 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22111935
APN: 48-12-07-304-092.000-003
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Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Ask me questions while you tour the home.