1520 Noble St

Anderson, IN 46016

$130,000
Price
3
Beds
2,179 Sq. Ft.
$60 / Sq. Ft.
2,179
Sq. Ft.
$60
per Sq. Ft.
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Description

Investor opportunity! This tenant-occupied 3-bedroom, 2-bath home is currently rented for $1,467/month, with the tenant responsible for all utilities and lawn care, creating a low-maintenance investment from day one. The property has a long-term tenant in place with an established history of timely payments. Several key updates have already been completed, including a new roof (2021), new flooring and appliances (2021), and a new furnace (2023), helping minimize near-term capital expenses. The home...Investor opportunity! This tenant-occupied 3-bedroom, 2-bath home is currently rented for $1,467/month, with the tenant responsible for all utilities and lawn care, creating a low-maintenance investment from day one. The property has a long-term tenant in place with an established history of timely payments. Several key updates have already been completed, including a new roof (2021), new flooring and appliances (2021), and a new furnace (2023), helping minimize near-term capital expenses. The home offers a functional layout with in-unit laundry provided for the tenant and includes a mudroom that could potentially be converted into a 4th bedroom, creating additional value-add potential for investors. Exterior features include an attached garage, spacious backyard, and welcoming front porch. The entire street on Noble St was recently repaved by the city, providing a smooth and attractive drive-up to the property. At the $130,000 list price, the property meets the sought-after 1% rule, making it a strong addition to an investor's portfolio. Existing mortgage with approximately a 3.5% interest rate may be assumable for qualified buyers, offering a potential financing advantage in today's rate environment. Stable income, recent updates, and future upside potential. Please do not disturb tenant.
  1. Listed by Alyssa Burton • Inspired Realty
    P: (317)-732-7002 C: (586)-610-1623 ab.inspiredinvestments@gmail.com

Property Details for 1520 Noble Street

Architectural Style
Traditional
Subdivision Name
Orr & Mcclures Avenue
Township
Anderson
LISTING UPDATED: 05/14/2026 12:24 PM

Property Details for 1520 Noble Street

StatusActive
MLS #22089095
Days on Market64
Taxes$682 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1891
Lot Size0.15 AC / 6,534 SF
CountyMadison County
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Location

Listing Courtesy of Inspired Realty
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Building Information for 1520 Noble Street

Stories-Year Built1891Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

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$768 per month

30 year fixed, 6.46% Interest

Principal and Interest

$655

Property Taxes

$114

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1520 Noble Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46016
  • Postal Code Plus4: 2039
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 481218203136000003
  • Semi Annual Property Tax Amt: 682
  • Tax Year: 2025
  • TaxLot: PL 40 L 006
School Information
  • School District: Anderson Community School Corp
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage SqFt: 240
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 6400.0
  • Lot Size Acres: 0.15
  • Main Level SqFt: 916
  • New Construction: False
  • Living SqFt: 578.0
  • Sqft Total: 1494.0
  • Sq Ft Total: 2179.0
  • Year Built Numeric: 1891
  • Below Grade Finished Area: 89.0
  • Living Area Source: Broker
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Orr & Mc Clures Avenue 0.0000Acres Str: 00000 Section: Plat: 40 In: Out:
  • Photos Count: 18
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: Yes
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Other, Gas Water Heater, Microwave, Washer, Refrigerator, Dryer
  • Basement Description: Ceiling - 9+ feet
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Formal Dining Room, Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Forced Air, Natural Gas
  • Interior Features: Ceiling Vaulted
  • Levels: Two
  • Additional Equipment: None
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room, Laundry, Library
  • Room and Features: Primary Bedroom-Main, Bedroom 2-Upper, Bedroom 3-Upper, Dining Room-Main, Kitchen-Main, Living Room-Main, Laundry-Main, Library-Main
  • Main Level Bedrooms: 1
  • Laundry Features: Sink, Laundry Room
  • Num Bedrooms Upper: 2
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 8
  • Rooms Total MU: 8
  • Total Rooms: 8
Room 1
  • Room Level: Main
  • Room Dimensions: 13x11
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Upper
  • Room Dimensions: 10x10
  • Room Type: Bedroom 2
Room 3
  • Room Level: Upper
  • Room Dimensions: 13x13
  • Room Type: Bedroom 3
Room 4
  • Room Level: Main
  • Room Dimensions: 12x10
  • Room Type: Dining Room
Room 5
  • Room Level: Main
  • Room Dimensions: 14x9
  • Room Type: Kitchen
Room 6
  • Room Level: Main
  • Room Dimensions: 13x13
  • Room Type: Living Room
Room 7
  • Room Level: Main
  • Room Dimensions: 12x9
  • Room Type: Laundry
Room 8
  • Room Level: Main
  • Room Dimensions: 12x10
  • Room Type: Library
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 2
  • Full Baths Upper: 1
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 1520 Noble Street

DateEvent & SourcePriceAppreciation
Mar 13, 2026

Listed (Active)

MIBORMLS #22089095

$130,000—
Dec 8, 2020

Sold

MIBORMLS #21719741

$45,500—
Nov 11, 2020

Pending

MIBORMLS #21719741

—
DateEvent & SourcePrice
03/13/2026

Listed (Active)

MIBORMLS #22089095

$130,000
12/08/2020

Sold

MIBORMLS #21719741

$45,500
11/11/2020

Pending

MIBORMLS #21719741

—

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

Public Records for 1520 Noble Street

Taxable ValueLand$4,700Additions$64,100Total$68,800
Tax Record2024$1,364 ($114 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,494 SqFtAbove Grade Finished SqFt1,494 SqFtStories2Lot Size6,400 SqFtStyleSingle Family ResidenceYear Built1891Year Renovated1950CountyMADISONAPN48-12-18-203-136.000-003

Schools near 1520 Noble Street

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

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.

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More information about 1520 Noble Street, Anderson, IN 46016

1520 Noble Street is a single family home for sale in Anderson, IN 46016. This property was listed for sale on March 13, 2026 by Inspired Realty, it's currently listed at $130,000. It has been on the market for a total of 64 days and was last sold on December 8, 2020. 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. 1520 Noble Street is a 3-bed, 2-bath, 2,179 sqft single family home built in 1891.

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 Inspired Realty

Based on information submitted to the MLS GRID as of 05/14/2026 12:24 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.