2318 E 40th St

Anderson, IN 46013

$160,000
Price
3
Beds
1,754 Sq. Ft.
$91 / Sq. Ft.
1,754
Sq. Ft.
$91
per Sq. Ft.
Pending
Pending

Description

Discover the potential in this 3-bedroom, 2-bath home located on the south side of Anderson, Indiana. Ideal for investors or buyers looking to add value, this fixer-upper offers a versatile layout with two spacious living rooms-a front living room highlighted by a large picture window and fireplace, and a second living area at the rear of the home that's perfect for a family room, rec space, or home office. Conveniently situated just minutes from the interstate, this property provides easy access...Discover the potential in this 3-bedroom, 2-bath home located on the south side of Anderson, Indiana. Ideal for investors or buyers looking to add value, this fixer-upper offers a versatile layout with two spacious living rooms-a front living room highlighted by a large picture window and fireplace, and a second living area at the rear of the home that's perfect for a family room, rec space, or home office. Conveniently situated just minutes from the interstate, this property provides easy access to shopping centers, restaurants, and a nearby casino, making daily errands and entertainment a breeze. With solid bones and plenty of room to customize, this home is a great chance to create equity and tailor the space to your vision. Bring your ideas and unlock the possibilities-schedule a showing today! Property is being sold AS-IS.
  1. Listed by Michelle Hammes • Keller Williams Indy Metro NE
  2. Listed by Dallas Blevins

Property Details for 2318 East 40th Street

Architectural Style
Ranch
Subdivision Name
Scatterfield Heights
Township
Anderson
LISTING UPDATED: 01/07/2026 08:31 AM

Property Details for 2318 East 40th Street

StatusPending
MLS #22078478
Days on Market2
Taxes$592 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1959
Lot Size0.37 AC / 16,117 SF
CountyMadison County

Location

Listing Courtesy of Keller Williams Indy Metro NE
Add your commute

Building Information for 2318 East 40th Street

Stories-Year Built1959Building Size-Lot Size0.37 AC / 16,117 SF

Payment Calculator

$878 per month

30 year fixed, 6.15% Interest

Principal and Interest

$780

Property Taxes

$99

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2318 East 40th Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46013
  • Postal Code Plus4: 2608
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 481229200060000003
  • Semi Annual Property Tax Amt: 592
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: NA
School Information
  • Middle Or Junior School: Highland Middle School
  • School District: Anderson Community School Corp
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage SqFt: 462
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Lot Size Square Feet: 16200.0
  • Lot Size Acres: 0.37
  • Main Level SqFt: 1754
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1754.0
  • Sq Ft Total: 1754.0
  • Year Built Numeric: 1959
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Scatterfield Hts 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 33
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Crawl Space
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Refrigerator, Water Heater, Water Softener Owned
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Formal Dining Room
  • Heating: Natural Gas
  • Interior Features: Attic Access, Hardwood Floors
  • Levels: One
  • Room List: Living Room, Family Room, Primary Bedroom, Bedroom 2, Bedroom 3
  • Room and Features: Living Room-Main, Family Room-Main-Other, Primary Bedroom-Main, Bedroom 2-Main, Bedroom 3-Main
  • Main Level Bedrooms: 3
  • Laundry Features: Connections All, Sink
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 5
  • Rooms Total MU: 5
  • Total Rooms: 5
Room 1
  • Room Level: Main
  • Room Dimensions: 19x15
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 15x16
  • Room Features: Other
  • Room Type: Family Room
Room 3
  • Room Level: Main
  • Room Dimensions: 11x14
  • Room Type: Primary Bedroom
Room 4
  • Room Level: Main
  • Room Dimensions: 10x14
  • Room Type: Bedroom 2
Room 5
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Type: Bedroom 3
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 2
  • 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 2318 East 40th Street

DateEvent & SourcePriceAppreciation
Jan 7, 2026

Pending

MIBORMLS #22078478

—
Jan 5, 2026

Listed (Active)

MIBORMLS #22078478

$160,000—
DateEvent & SourcePrice
01/07/2026

Pending

MIBORMLS #22078478

—
01/05/2026

Listed (Active)

MIBORMLS #22078478

$160,000

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

Public Records for 2318 East 40th Street

Taxable ValueLand$12,300Additions$97,500Total$109,800
Tax Record2024$1,184 ($99 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,754 SqFtAbove Grade Finished SqFt1,754 SqFtStories1Lot Size16,200 SqFtStyleSingle Family ResidenceYear Built1959CountyMADISONAPN48-12-29-200-060.000-003Fireplace TypeHas Fireplace

Schools near 2318 East 40th Street

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Valley Grove Elementary School
Public - K to 4
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
Valley Grove 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

Explore Nearby Homes

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 Keller Williams Indy Metro NE

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/16/2026 02:24 PM. 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.