911 W 3rd St Anderson, IN 46016
Estimated payment $732/month
Highlights
- Farmhouse Style Home
- 2 Car Detached Garage
- Forced Air Heating System
- No HOA
- Vinyl Plank Flooring
- Combination Kitchen and Dining Room
About This Home
$1,450/Month Section 8 Rental | Exceeds 1% Rule | Fully Renovated 2025 Turnkey investment with immediate, reliable cash flow. Leased at $1,450/month with rent paid 100% through Section 8 (HAP). Tenant pays all utilities. At the $135,000 list price, this property exceeds the 1% rule at approximately 1.07% and is priced below a recent $140,000 appraisal, offering a compelling cash-flow opportunity with built-in value. Fully renovated in 2025, including new roof, full electrical rewire, updated plumbing, new HVAC components, many new windows, and complete interior finishes. The home offers 4 bedrooms plus a bonus room and dedicated laundry space, appealing to long-term tenants. Additional features include a detached garage, fenced backyard, washer/dryer hookups, and property taxes under $150/year. Strong income, government-backed rent, and major updates-this is a true turnkey rental.
Listing Agent
Inspired Realty Brokerage Email: ab.inspiredinvestments@gmail.com License #RB22002421 Listed on: 03/17/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $144
Year Built
- Built in 1890
Lot Details
- 7,050 Sq Ft Lot
Parking
- 2 Car Detached Garage
Home Design
- Farmhouse Style Home
- Brick Foundation
- Wood Siding
Interior Spaces
- 2-Story Property
- Combination Kitchen and Dining Room
- Gas Oven
- Basement
Flooring
- Carpet
- Vinyl Plank
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 004
- Assessor Parcel Number 481112302042000003
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 | $143 | $61,900 | $7,700 | $54,200 |
| 2024 | $143 | $63,100 | $7,700 | $55,400 |
| 2023 | $62 | $57,500 | $7,400 | $50,100 |
| 2022 | $123 | $58,300 | $7,000 | $51,300 |
| 2021 | $64 | $53,000 | $6,900 | $46,100 |
| 2020 | $33 | $50,600 | $6,600 | $44,000 |
| 2019 | $17 | $49,300 | $6,600 | $42,700 |
| 2018 | $0 | $45,200 | $6,600 | $38,600 |
| 2017 | $0 | $44,900 | $6,600 | $38,300 |
| 2016 | $0 | $44,900 | $6,600 | $38,300 |
| 2014 | -- | $25,200 | $7,400 | $17,800 |
| 2013 | -- | $25,200 | $7,400 | $17,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/17/2026 03/17/26 | For Sale | $135,000 | +164.7% | $54 / Sq Ft | |
| 06/06/2025 06/06/25 | Sold | $51,000 | +15.9% | $20 / Sq Ft | View Prior Sale |
| 05/27/2025 05/27/25 | Price Changed | $44,000 | 0.0% | $18 / Sq Ft | |
| 05/27/2025 05/27/25 | For Sale | $44,000 | -13.7% | $18 / Sq Ft | |
| 05/16/2025 05/16/25 | Off Market | $51,000 | -- | -- | |
| 05/13/2025 05/13/25 | Price Changed | $57,900 | -7.9% | $23 / Sq Ft | |
| 04/23/2025 04/23/25 | Price Changed | $62,900 | 0.0% | $25 / Sq Ft | |
| 04/23/2025 04/23/25 | For Sale | $62,900 | +23.3% | $25 / Sq Ft | |
| 04/18/2025 04/18/25 | Off Market | $51,000 | -- | -- | |
| 03/04/2025 03/04/25 | For Sale | $58,900 | -- | $24 / 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 | -- | Fidelity National Title | |
| 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 |
|---|---|---|---|
| Previous Owner | $55,250 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22089749
APN: 48-11-12-302-042.000-003
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Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.