Active
520 Ruddle Ave, Anderson, IN 46012
Est: $990/moGet pre-approved
Multi FamilyProperty Type
7,840 sq ftLot Size
1885Year Built
1 carParking Spaces

Description

Occupied duplex near Anderson University with established rental history and income already in place. The 520 Ruddle unit offers 2 bedrooms, 1 full bath, living room, kitchen, dedicated laundry and additional finished loft space. The 520 1/2 Ruddle unit includes 1 bedroom, 1 full bath, living room and kitchen. Current base rents total $1,450 per month, with an additional $349 per month collected for gas/propane, bringing current scheduled monthly collections to $1,799, or $21,588 annually. One tenant...Occupied duplex near Anderson University with established rental history and income already in place. The 520 Ruddle unit offers 2 bedrooms, 1 full bath, living room, kitchen, dedicated laundry and additional finished loft space. The 520 1/2 Ruddle unit includes 1 bedroom, 1 full bath, living room and kitchen. Current base rents total $1,450 per month, with an additional $349 per month collected for gas/propane, bringing current scheduled monthly collections to $1,799, or $21,588 annually. One tenant currently receives HUD rental assistance, and both units are occupied with tenants who have expressed an interest in remaining. Professional property management is currently in place. With existing tenancy, documented rental history and a location near Anderson University, this is an opportunity to acquire an income-producing Anderson duplex without starting from vacancy. Property management statements and recent unit inspection reports are available for buyer review.
6 days on Market
  • Listed by: Jada Sparks Green 317.800.1747 jada@steveandjada.com • eXp Realty, LLC
  • Listed by: Stephen Green 317.413.2837 steve@steveandjada.com • eXp Realty, LLC
Last updated: 09/09/2026 06:14 PM • Source: MIBORMLS, MLS#: 22122337

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$990 per month

30 year fixed, 6.55% Interest

Principal and Interest

$813

Property Taxes

$177

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 520 Ruddle Avenue

Property Details
  • Taxes: $1,063 semi-annually
  • MLS Type: Residential Income / Duplex
  • Architectural Style: Traditional
  • Subdivision Name: J M Ruddells
  • Township: Anderson
Building Information
  • Residences: 2
  • Year Built: 1885
  • Lot Size: 0.18 AC / 7,840 SF
Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46012
  • Postal Code Plus4: 3346
  • Road Access: Access Rd
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 481207302026000003
  • Semi Annual Property Tax Amt: 1063
  • Tax Exemption: None
  • Tax Year: 2025
  • TaxLot: 067
School Information
  • Elementary School: Tenth Street Elementary School
  • High School: Anderson High School
  • Middle Or Junior School: Highland Middle School
  • School District: Anderson Community School Corp
Owner
  • Owner Pays: Ins Hazard, Lawncare, Taxes
Parking
  • Garage Spaces: 1.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Description: Access
  • Lot Size Square Feet: 7688.0
  • Lot Size Acres: 0.18
  • New Construction: False
  • Possible Use: Residential
  • Structure Type: Duplex
  • Year Built Numeric: 1885
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: No
  • Legal Subdivision: J M Ruddells 3rd 0.0000Acres Str: 00000 Section: Plat: 35 In: Out:
  • Photos Count: 37
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Web Link: www.steveandjada.com
Utilities
  • Building Utilities: Sewer,Water
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle
Interior Features
  • Basement YN: No
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Levels: Two
  • Laundry Features: Connections Some, Main Level
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: 1 Car Garage
Income & Expenses
  • Expenses: 0
  • Gross Income: $21,588.00
Unit 1
  • Unit Kitchen: 13x15
  • Unit Levels: 2
  • Unit Miscellaneous: Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Kitchen: 9x11
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas
  • Unit Type Type: 1 Bedroom
Rental
Rental Information
  • Tenant Pays: Electricity, Gas, Insurance, Sewer, Water

Property History for 520 Ruddle Avenue

DateEvent & SourcePriceAppreciation
Sep 4, 2026

Listed (Active)

MIBORMLS #22122337

$159,900
Apr 7, 2025

Sold (Public Record)

Public Record #1558331872

$145,000

+25.7% / yr

Aug 5, 2022

Sold

MIBORMLS #21843564

$77,000
DateEvent & SourcePrice
09/04/2026

Listed (Active)

MIBORMLS #22122337

$159,900
04/07/2025

Sold (Public Record)

Public Record #1558331872

$145,000

+25.7% / yr

08/05/2022

Sold

MIBORMLS #21843564

$77,000

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

Public Records for 520 Ruddle Avenue

Taxable ValueLand$8,600Additions$87,900Total$96,500
Tax Record2025$2,126 ($177 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,833 SqFtAbove Grade Finished SqFt1,833 SqFtStories2Lot Size7,688 SqFtStyleSingle Family ResidenceYear Built1885Year Renovated1950CountyMADISONAPN48-12-07-302-026.000-003

Schools near 520 Ruddle Avenue

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 8
Public - 9 to 12
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.

Similar Homes

New listings in 46012

$339,900 | 4616 Greenhill Way, Anderson, IN 46012
1/31

$339,900

3
Bedrooms
3,427
Square Feet
0.67
Acres
$154,900 | 2320 East 10th Street, Anderson, IN 46012
1/20

$154,900

3
Bedrooms
1,200
Square Feet
0.27
Acres
$4,900 | 212 Clifford Street, Anderson, IN 46012
1/7

$4,900

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
0.12
Acres
$165,000 | 2629 Seminole Drive, Anderson, IN 46012
1/30

$165,000

3
Bedrooms
2,410
Square Feet
0.15
Acres
$129,900 | 119 East School Street, Anderson, IN 46012
1/26

$129,900

3
Bedrooms
980
Square Feet
0.15
Acres
$70,000 | 2608 East 7th Street, Anderson, IN 46012
1/11

$70,000

2
Bedrooms
720
Square Feet
0.13
Acres
$173,000 | 908 Walnut Street, Anderson, IN 46012
1/19

$173,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.19
Acres
$199,900 | 2219 Fowler Street, Anderson, IN 46012
1/21
Open: 9/12 12:00PM - 02:00PM

$199,900

3
Bedrooms
1,100
Square Feet
0.15
Acres
$525,000 | 3292 Highway 9, Anderson, IN 46012
1/32

$525,000

Unavailable
Bedrooms
Unavailable
Bathrooms
1,900
Square Feet
2.45
Acres

520 Ruddle Avenue is a multi-family home for sale in Anderson, IN 46012. This property was listed for sale on September 4, 2026 by eXp Realty, LLC, it's currently listed at $159,900. It has been on the market for a total of 6 days and was last sold on April 7, 2025. 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. 520 Ruddle Avenue is a 0-bed, 0-bath multi-family home built in 1885.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 09/09/2026 06:14 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.