321 Madison Ave

Anderson, IN 46016

$49,999
Price
3
Beds
2,076 Sq. Ft.
$24 / Sq. Ft.
2,076
Sq. Ft.
$24
per Sq. Ft.
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Description

Excellent investment opportunity in Anderson! This property at 321 Madison Ave offers strong potential for renovation or full rehab. Ideal for investors seeking to add value and build equity through updates. The home requires interior and exterior renovation, but once restored, it could serve as a profitable flip or long-term rental. Conveniently located near amenities, schools, and major routes. Sold as-is-seller will make no repairs. Use caution when showing.Excellent investment opportunity in Anderson! This property at 321 Madison Ave offers strong potential for renovation or full rehab. Ideal for investors seeking to add value and build equity through updates. The home requires interior and exterior renovation, but once restored, it could serve as a profitable flip or long-term rental. Conveniently located near amenities, schools, and major routes. Sold as-is-seller will make no repairs. Use caution when showing.
  1. Listed by Rafael Ayala • eXp Realty, LLC
    P: (888)-611-3912 rafazrealtor@gmail.com

Property Details for 321 Madison Avenue

Architectural Style
Bungalow
Subdivision Name
Evalyn
Township
Anderson
LISTING UPDATED: 04/07/2026 06:22 PM

Property Details for 321 Madison Avenue

StatusActive
MLS #22070367
Days on Market175
Taxes$513 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1904
Lot Size0.04 AC / 1,742 SF
CountyMadison County
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Location

Listing Courtesy of eXp Realty, LLC
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Building Information for 321 Madison Avenue

Stories-Year Built1904Building Size-Lot Size0.04 AC / 1,742 SF

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$337 per month

30 year fixed, 6.46% Interest

Principal and Interest

$252

Property Taxes

$86

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 321 Madison Avenue

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46016
  • Postal Code Plus4: 2355
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 481111401029000003
  • Semi Annual Property Tax Amt: 513
  • Tax Year: 2024
  • TaxLot: 214
School Information
  • Middle Or Junior School: Highland Middle School
  • School District: Anderson Community School Corp
Parking
  • Garage YN: No
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 1728.0
  • Lot Size Acres: 0.04
  • Main Level SqFt: 1379
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1379.0
  • Sq Ft Total: 2076.0
  • Year Built Numeric: 1904
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Evalyn Exc 7' W Sd N2 N2 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 28
  • 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: Log Siding
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: None
  • Basement YN: Yes
  • Cooling: None
  • Eating Area: None
  • Fireplace Features: Two Sided
  • Fireplaces Total: 2
  • Heating: Natural Gas
  • Interior Features: Attic Access, Eat-in Kitchen
  • Levels: One
  • Room List: Primary Bedroom, Living Room, Kitchen, Bedroom 2, Bedroom 3
  • Room and Features: Primary Bedroom-Main, Living Room-Main, Kitchen-Main, Bedroom 2-Main, Bedroom 3-Main
  • Main Level Bedrooms: 3
  • 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: 14x15
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 25x14
  • Room Type: Living Room
Room 3
  • Room Level: Main
  • Room Dimensions: 13x12
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 13x13
  • Room Type: Bedroom 2
Room 5
  • Room Level: Main
  • Room Dimensions: 12x12
  • Room Type: Bedroom 3
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 321 Madison Avenue

DateEvent & SourcePriceAppreciation
Mar 9, 2026

Price Change

MIBORMLS #22070367

$49,999—
Oct 27, 2025

Listed (Active)

MIBORMLS #22070367

$56,000—
May 15, 2006

Sold

MIBORMLS #2601302

$28,000—
Mar 30, 2006

Pending

MIBORMLS #2601302

—
Jan 6, 2006

Listed (Active)

MIBORMLS #2601302

$33,900—
May 19, 2004

Expired

MIBORMLS #2363072

—
Dec 8, 2003

Listed (Active)

MIBORMLS #2363072

$12,600—
Nov 21, 2003

Expired

MIBORMLS #2335619

—
Jul 7, 2003

Listed (Active)

MIBORMLS #2335619

$15,500—
DateEvent & SourcePrice
03/09/2026

Price Change

MIBORMLS #22070367

$49,999
10/27/2025

Listed (Active)

MIBORMLS #22070367

$56,000
05/15/2006

Sold

MIBORMLS #2601302

$28,000
03/30/2006

Pending

MIBORMLS #2601302

—
01/06/2006

Listed (Active)

MIBORMLS #2601302

$33,900
05/19/2004

Expired

MIBORMLS #2363072

—
12/08/2003

Listed (Active)

MIBORMLS #2363072

$12,600
11/21/2003

Expired

MIBORMLS #2335619

—
07/07/2003

Listed (Active)

MIBORMLS #2335619

$15,500

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

Public Records for 321 Madison Avenue

Taxable ValueLand$3,100Additions$46,200Total$49,300
Tax Record2024$1,027 ($86 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,379 SqFtAbove Grade Finished SqFt1,379 SqFtStories1Lot Size1,728 SqFtStyleSingle Family ResidenceYear Built1904Year Renovated1960CountyMADISONAPN48-11-11-401-029.000-003Fireplace TypeHas Fireplace

Schools near 321 Madison Avenue

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Eastside 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
Eastside 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 321 Madison Avenue, Anderson, IN 46016

321 Madison Avenue is a single family home for sale in Anderson, IN 46016. This property was listed for sale on October 27, 2025 by eXp Realty, LLC, it's currently listed at $49,999. It has been on the market for a total of 175 days and was last sold on May 15, 2006. This listing's school district is Anderson Community School Corp. Nearby schools include Eastside Elementary School, Highland Jr High School and Anderson High School. 321 Madison Avenue is a 3-bed, 1-bath, 2,076 sqft single family home built in 1904.

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 eXp Realty, LLC

Based on information submitted to the MLS GRID as of 04/07/2026 06:22 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.