2205 Hendricks St

Anderson, IN 46016

$145,000
Price
3
Beds
2,254 Sq. Ft.
$64 / Sq. Ft.
2,254
Sq. Ft.
$64
per Sq. Ft.
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Description

Turnkey Rental - Fully Renovated from the Studs Up Investment Opportunity: Currently rented for $1,469 per month, with the tenant paying all utilities and handling lawn care, creating a low-maintenance income property. At the $145,000 list price, the property delivers approximately a 1% rent-to-price ratio, a metric many investors seek. This 3-bedroom, 1-bathroom home offers approximately 1,500 sq ft of living space and sits on a spacious 6,700 sq ft lot with a large backyard. Conveniently located...Turnkey Rental - Fully Renovated from the Studs Up Investment Opportunity: Currently rented for $1,469 per month, with the tenant paying all utilities and handling lawn care, creating a low-maintenance income property. At the $145,000 list price, the property delivers approximately a 1% rent-to-price ratio, a metric many investors seek. This 3-bedroom, 1-bathroom home offers approximately 1,500 sq ft of living space and sits on a spacious 6,700 sq ft lot with a large backyard. Conveniently located with easy highway access and just a 4-minute drive to Anderson's downtown historic district, making it attractive for long-term tenants. The home was fully renovated in 2022 from the studs up, with extensive improvements including: Exterior: new roof, fascia, siding, gutters, exterior paint, concrete work, and windows. HVAC: new furnace, AC unit, water heater, thermostat, and gas meter. Plumbing: new underground water line, updated interior plumbing lines and fixtures, and washer/dryer hookups. Electrical: complete rewire with new panel, meter, and modern light fixtures. Interior: new drywall, paint, flooring, trim, cabinets, quartz countertops, doors, vanities, and stainless steel appliances. With major systems, structure, and interior finishes all replaced in 2022, this property offers investors a turnkey rental with minimal near-term maintenance needs. Strong rental income, extensive renovations, and low owner expenses make this a compelling addition to any portfolio.
  1. Listed by Alyssa Burton • Inspired Realty
    P: (317)-732-7002 C: (586)-610-1623 ab.inspiredinvestments@gmail.com

Property Details for 2205 Hendricks Street

Architectural Style
Traditional
Subdivision Name
Woodlawn W Add
Township
Anderson
LISTING UPDATED: 03/16/2026 06:21 PM

Property Details for 2205 Hendricks Street

StatusActive
MLS #22089473
Days on Market43
Taxes$691 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1900
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 2205 Hendricks Street

Stories-Year Built1900Building Size-Lot Size0.15 AC / 6,534 SF

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$845 per month

30 year fixed, 6.46% Interest

Principal and Interest

$730

Property Taxes

$115

HOA Dues

$0

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Property Information for 2205 Hendricks Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: From Scatterfield go west on W 38th st, north on S Madison St and east on w 22nd st.
  • Postal Code: 46016
  • Postal Code Plus4: 4040
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 481113303186000003
  • Semi Annual Property Tax Amt: 691
  • Tax Year: 2024
  • TaxLot: 291
School Information
  • High School: Anderson High School
  • School District: Anderson Community School Corp
Parking
  • Garage YN: No
  • Garage Spaces: 1.0
  • Garage SqFt: 0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 6700.0
  • Lot Size Acres: 0.15
  • Main Level SqFt: 1474
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1474.0
  • Sq Ft Total: 2254.0
  • Year Built Numeric: 1900
  • Below Grade Finished Area: 0.0
  • Living Area Source: Broker
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: Woodlawn & 1/2 Vac Alley 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 21
  • 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 With Stone
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Electric Oven, Refrigerator
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Forced Air, Natural Gas
  • Interior Features: Attic Access
  • Levels: One
  • Additional Equipment: Smoke Alarm
  • Room List: Bedroom 3, Kitchen, Living Room, Mud Room, Primary Bedroom, Bedroom 2
  • Room and Features: Bedroom 3-Basement, Kitchen-Main, Living Room-Main, Mud Room-Main, Primary Bedroom-Main, Bedroom 2-Main
  • Main Level Bedrooms: 3
  • Laundry Features: In Unit
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 2
  • Rooms Total MU: 2
  • Total Rooms: 2
Room 1
  • Room Level: Basement
  • Room Dimensions: 12x11
  • Room Type: Bedroom 3
Room 2
  • Room Level: Main
  • Room Dimensions: 19x11
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 13x12
  • Room Type: Living Room
Room 4
  • Room Level: Main
  • Room Dimensions: 12x7
  • Room Type: Mud Room
Room 5
  • Room Level: Main
  • Room Dimensions: 14x12
  • Room Type: Primary Bedroom
Room 6
  • Room Level: Main
  • Room Dimensions: 12x12
  • Room Type: Bedroom 2
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • 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 2205 Hendricks Street

DateEvent & SourcePriceAppreciation
Mar 16, 2026

Listed (Active)

MIBORMLS #22089473

$145,000—
Jul 30, 2023

Expired

MIBORMLS #21927571

—
Jun 17, 2023

Listed (Active)

MIBORMLS #21927571

$140,000—
DateEvent & SourcePrice
03/16/2026

Listed (Active)

MIBORMLS #22089473

$145,000
07/30/2023

Expired

MIBORMLS #21927571

—
06/17/2023

Listed (Active)

MIBORMLS #21927571

$140,000

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

Public Records for 2205 Hendricks Street

Taxable ValueLand$6,100Additions$63,300Total$69,400
Tax Record2024$1,382 ($115 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,474 SqFtAbove Grade Finished SqFt1,474 SqFtStories1Lot Size6,700 SqFtStyleSingle Family ResidenceYear Built1995CountyMADISONAPN48-11-13-303-186.000-003

Schools near 2205 Hendricks Street

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Valley Grove Elementary School
Public - K to 5
Highland Jr High School
Public - 7 to 8
Anderson High School
Public - 9 to 12
COMPASS Alternative School
Public - 6 to 10
Rating
School
Distance
Valley Grove Elementary School
PublicK to 5

Highland Jr High School
Public7 to 8

Anderson High School
Public9 to 12

COMPASS Alternative School
Public6 to 10

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 2205 Hendricks Street, Anderson, IN 46016

2205 Hendricks Street is a single family home for sale in Anderson, IN 46016. This property was listed for sale on March 16, 2026 by Inspired Realty, it's currently listed at $145,000. This listing's school district is Anderson Community School Corp. Nearby schools include Valley Grove Elementary School, Highland Jr High School and Anderson High School. 2205 Hendricks Street is a 3-bed, 1-bath, 2,254 sqft single family home built in 1900.

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 03/16/2026 06:21 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.