1309 Pearl St

$124,900
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investment property located just minutes from downtown Anderson! This duplex features a 1-bed/1-bath unit and a 2-bed/2-bath unit with separate entry. Tenants pay all utilities and there is a new water line from the street to the home. Whether you are a seasoned investor or just starting your portfolio, this property offers great income potential in a desirable area!Investment property located just minutes from downtown Anderson! This duplex features a 1-bed/1-bath unit and a 2-bed/2-bath unit with separate entry. Tenants pay all utilities and there is a new water line from the street to the home. Whether you are a seasoned investor or just starting your portfolio, this property offers great income potential in a desirable area!
  1. Listed by Cory Parker • RE/MAX Real Estate Solutions

Property Details for 1309 Pearl Street

Subdivision Name
No Subdivision
Township
Anderson
LISTING UPDATED: 11/28/2025 01:44 PM

Property Details for 1309 Pearl Street

StatusActive
MLS #22044126
Days on Market195
Taxes$618 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1860
Lot Size0.07 AC / 3,049 SF
CountyMadison County

Location

Listing Courtesy of RE/MAX Real Estate Solutions
Add your commute

Building Information for 1309 Pearl Street

Stories-Residences2Year Built1860Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$720 per month

30 year fixed, 6.28% Interest

Principal and Interest

$617

Property Taxes

$103

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1309 Pearl Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46016
  • Postal Code Plus4: 1852
  • Road Access: See Remarks
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 481113101009000003
  • Semi Annual Property Tax Amt: 618
  • Tax Year: 2024
  • TaxLot: 48-11-13-101-009.000-003
School Information
  • Middle Or Junior School: Highland Middle School
  • School District: Anderson Community School Corp
Owner
  • Owner Pays: Not Applic
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Lot Description: City Lot
  • Lot Size Square Feet: 2880.0
  • Lot Size Acres: 0.07
  • New Construction: False
  • Year Built Numeric: 1860
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • DPRYN: Yes
  • Legal Subdivision: A Jacksons 2nd 72'X40' 0.0000Acres Str: 00000 Section: Plat: 02 In: Out:
  • Photos Count: 11
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
Interior Features
  • Cooling: Central Air
  • Levels: One and One Half
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: On Street
Income & Expenses
  • Expenses: 0
  • Gross Income: $22,140.00
Unit 1
  • Unit Kitchen: TBD
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: TBD
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 1309 Pearl Street

DateEvent & SourcePriceAppreciation
Jul 30, 2025

Price Change

MIBORMLS #22044126

$124,900
Jun 11, 2025

Listed (Active)

MIBORMLS #22044126

$129,900
Oct 25, 2018

Sold (Public Record)

Public Record #1300627359

$44,000
Dec 10, 2012

Expired

MIBORMLS #21176587

May 10, 2012

Listed (Active)

MIBORMLS #21176587

$29,900
Mar 30, 2009

Expired

MIBORMLS #2856273

Sep 29, 2008

Listed (Active)

MIBORMLS #2856273

$39,900
Oct 25, 2001

Sold

MIBORMLS #2034240

$34,000
Sep 21, 2001

Pending

MIBORMLS #2034240

Aug 29, 2000

Listed (Active)

MIBORMLS #2034240

$38,900
DateEvent & SourcePrice
07/30/2025

Price Change

MIBORMLS #22044126

$124,900
06/11/2025

Listed (Active)

MIBORMLS #22044126

$129,900
10/25/2018

Sold (Public Record)

Public Record #1300627359

$44,000
12/10/2012

Expired

MIBORMLS #21176587

05/10/2012

Listed (Active)

MIBORMLS #21176587

$29,900
03/30/2009

Expired

MIBORMLS #2856273

09/29/2008

Listed (Active)

MIBORMLS #2856273

$39,900
10/25/2001

Sold

MIBORMLS #2034240

$34,000
09/21/2001

Pending

MIBORMLS #2034240

08/29/2000

Listed (Active)

MIBORMLS #2034240

$38,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1309 Pearl Street

Taxable ValueLand$4,800Additions$50,800Total$55,600
Tax Record2024$1,236 ($103 / month)
Home Facts
Baths2Total Finished SqFt2,472 SqFtAbove Grade Finished SqFt2,472 SqFtStories2Lot Size2,880 SqFtStyleDuplexYear Built1860Year Renovated1950CountyMADISONAPN48-11-13-101-009.000-003

Schools near 1309 Pearl Street

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 7 to 8
Public - 9 to 12
Public - 5 to 6
Rating
School
Distance
Tenth Street Elementary School
PublicK to 4

Highland Jr High School
Public7 to 8

Anderson High School
Public9 to 12

Anderson Intermediate School
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1309 Pearl Street is a multi-family home for sale in Anderson, IN 46016. This property was listed for sale on June 11, 2025 by RE/MAX Real Estate Solutions, it's currently listed at $124,900. It has been on the market for a total of 195 days and was last sold on October 25, 2018. This listing's school district is Anderson Community School Corp. Nearby schools include Tenth Street Elementary School, Highland Jr High School and Anderson High School. 1309 Pearl Street is a 0-bed, 0-bath, multi-family home built in 1860.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Real Estate Solutions

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/23/2025 03:50 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.