1631 Brown St, Anderson, IN 46016
$39,000
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Home Description
INVESTOR ALERT! VALUE-ADD RENTAL WELL OVER THE 1% RULE!! Come see this low-priced single family two bedroom/1ba ranch home located in the heart of Anderson. Very convenient location just blocks into downtown and less than 10min to the newly remodeled casino. The property is tenant occupied and they are paying $850/mo (mo-to-mo). While the home is in rental grade condition, with some repairs and updated it could really shine and both the rent and property value could be improved! Add this property to your rental portfolio and start cash flowing from day 1!
- MLS #: 22028957
- Street Address: 1631 Brown St
- City: Anderson
- Zip: 46016
- County: Madison
- Township: Anderson
- Property Type: Single Family
- Style: Bungalow
- Basement: Unfinished
- Garage Spaces: 0
- Siding: Vinyl Siding
- Patio & Porch: Covered Porch
Available now at $39,000
Approximate Room Sizes / Descriptions
Living Room | 12x12 | Main | |
Dining Room | 11x14 | Main | |
Kitchen | 10X11 | Main | |
Primary Bedroom | 11X11 | Main | |
Bedroom 2 | 11X10 | Main | |
- Interior Description: Windows Vinyl,WoodWorkStain/Painted
- Full Baths: 1
- Num Fireplaces: 0
- Appliances: Electric Oven,MicroHood,Refrigerator
- Eating Area: Dining Combo/Kitchen
- Heating: Forced Air
- Cooling: Central Electric
- : peter@peterstewartrealty.com
Neighborhood
The average asking price of a 2 bedroom Anderson home in this zip code is
$85,370 (118.9% more than this home).
This home is priced at $25/sqft,
which is 171.1% less than similar homes
in the 46016 zip code.
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School Information
- School District:Anderson Community School Corp
Financial
- Approx Payment:$194*
- Semi Annual Taxes:$255
Area Stats
These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(317) 349-1677 and speak with one of our real estate consultants.
Listing Courtesy of Keller Williams Indpls Metro N.
For information or to schedule a viewing of this property (MLS# 22028957), call: 317-349-1677
1631 Brown St, Anderson IN is a single family home of 1584 sqft and
is currently priced at $39,000
.
This single family home has 2 bedrooms.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Anderson, IN.
Arlington, Woodlawn and Jackson Park are nearby neighborhoods.
MLS 22028957 has been posted on this site since 4/1/2025 (today).
2025