1527 Walnut St

$790,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fully occupied cash-flow investment property in Anderson. This income-producing asset offers immediate rental revenue with tenants in place, making it an ideal turnkey addition to any investor's portfolio. Convenient location near local amenities, schools, and major routes supports strong rental demand and long-term returns. Price reflects package deal of all addresses listed: 702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 820-822 Howard St Muncie IN.Fully occupied cash-flow investment property in Anderson. This income-producing asset offers immediate rental revenue with tenants in place, making it an ideal turnkey addition to any investor's portfolio. Convenient location near local amenities, schools, and major routes supports strong rental demand and long-term returns. Price reflects package deal of all addresses listed: 702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 820-822 Howard St Muncie IN.
  1. Listed by Jaxyn Holmes • @properties
  2. Listed by Tyler Lingle • @properties

Property Details for 1527 Walnut Street

Subdivision Name
No Subdivision
Township
Anderson
Waterfront
No
Zoning
Triplex 3 units any combi
LISTING UPDATED: 12/20/2025 05:34 PM

Property Details for 1527 Walnut Street

StatusActive
MLS #22077181
Days on Market3
Taxes$679 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1916
Lot Size0.27 AC / 11,761 SF
CountyMadison County

Location

Listing Courtesy of @properties
Add your commute

Building Information for 1527 Walnut Street

Stories-Residences3Year Built1916Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$4,017 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,904

Property Taxes

$113

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1527 Walnut Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46016
  • Postal Code Plus4: 2029
  • Road Access: Access Rd
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 481113104156000003
  • Semi Annual Property Tax Amt: 679
  • Tax Year: 2024
  • TaxLot: 48-11-13-104-156.000-003
School Information
  • School District: Anderson Community School Corp
Owner
  • Owner Pays: All Utilities
Parking
  • Carport Spaces: 1.0
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Current Use: Residential
  • Lot Size Square Feet: 11529.0
  • Lot Size Acres: 0.27
  • New Construction: False
  • Structure Type: Triplex
  • Year Built Numeric: 1916
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Hams 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 3
Income & Expenses
  • Expenses: 0
  • Gross Income: $1,875.00
Unit 1
  • Unit Kitchen: 126
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Kitchen: 132
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Kitchen: 120
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom

Property History for 1527 Walnut Street

DateEvent & SourcePriceAppreciation
Dec 18, 2025

Listed (Active)

MIBORMLS #22077181

$790,000
Dec 1, 2023

Sold

MIBORMLS #21938939

$40,000
Nov 20, 2023

Pending

MIBORMLS #21938939

Nov 15, 2023

Price Change

MIBORMLS #21938939

$49,900
Oct 10, 2023

Price Change

MIBORMLS #21938939

$59,900
Aug 18, 2023

Listed (Active)

MIBORMLS #21938939

$69,900
DateEvent & SourcePrice
12/18/2025

Listed (Active)

MIBORMLS #22077181

$790,000
12/01/2023

Sold

MIBORMLS #21938939

$40,000
11/20/2023

Pending

MIBORMLS #21938939

11/15/2023

Price Change

MIBORMLS #21938939

$49,900
10/10/2023

Price Change

MIBORMLS #21938939

$59,900
08/18/2023

Listed (Active)

MIBORMLS #21938939

$69,900

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

Public Records for 1527 Walnut Street

Taxable ValueLand$6,300Additions$54,800Total$61,100
Tax Record2024$1,358 ($113 / month)
Home Facts
Baths1Total Finished SqFt2,071 SqFtAbove Grade Finished SqFt2,071 SqFtStories2Lot Size11,529 SqFtStyleTriplexYear Built1916CountyMADISONAPN48-11-13-104-156.000-003

Schools near 1527 Walnut 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

1527 Walnut Street is a multi-family home for sale in Anderson, IN 46016. This property was listed for sale on December 18, 2025 by @properties, it's currently listed at $790,000. It has been on the market for a total of 3 days and was last sold on December 1, 2023. 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. 1527 Walnut Street is a 0-bed, 0-bath, multi-family home built in 1916.

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 @properties

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/21/2025 11:34 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.