Sold
Last Sold Price
601 Walnut St, Anderson, IN 46012
Multi FamilyProperty Type
0.1 acresLot Size
1941Year Built

Description

This duplex-style, two-unit home offers 2,080 square feet of living space on a 4,400 square foot lot. Built in 1941, the property has been well maintained but presents a value-add opportunity through modernization and potential rent increases. With strategic updates, investors can enhance rental income while capitalizing on the property's prime location near Anderson University. The strong demand for multi-family rentals in this area makes this an attractive investment for long-term growth.This duplex-style, two-unit home offers 2,080 square feet of living space on a 4,400 square foot lot. Built in 1941, the property has been well maintained but presents a value-add opportunity through modernization and potential rent increases. With strategic updates, investors can enhance rental income while capitalizing on the property's prime location near Anderson University. The strong demand for multi-family rentals in this area makes this an attractive investment for long-term growth.
  • Listed by: Angela Battisti 317.595.2100 abattisti@bhhsin.com • Berkshire Hathaway Home
Listing closed: 04/23/2025 12:00 AM • Source: MIBORMLS, MLS#: 22024326

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Location

Listing Courtesy of Berkshire Hathaway Home

Sold By Neff Realty Center

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Property Information for 601 Walnut Street

Property Details
  • Taxes: $965 semi-annually
  • MLS Type: Residential Income / Duplex
  • Subdivision Name: Walnut Park
  • Township: Anderson
Building Information
  • Residences: 2
  • Year Built: 1941
  • Lot Size: 0.10 AC / 4,356 SF
Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46012
  • Postal Code Plus4: 3447
  • Road Access: Not Applic
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 481207301029000003
  • Semi Annual Property Tax Amt: 965
  • Tax Exemption: None
  • Tax Year: 2024
  • TaxLot: 010
School Information
  • High School: Anderson High School
  • Middle Or Junior School: Highland Middle School
  • School District: Anderson Community School Corp
Parking
  • Carport Spaces: 1.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Lot Size Square Feet: 4400.0
  • Lot Size Acres: 0.1
  • New Construction: False
  • Year Built Numeric: 1941
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Walnut Park 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 12
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Basement Description: Apartment
  • Basement YN: Yes
  • Heating: Natural Gas
  • Levels: One
  • Laundry Features: Common Laundry
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: Covered
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 9 X 9
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
Unit 2
  • Unit Kitchen: 7 X 7
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Studio

Property History for 601 Walnut Street

DateEvent & SourcePriceAppreciation
Apr 23, 2025

Sold (Public Record)

Public Record #1558331911

$165,000—
Apr 23, 2025

Sold

MIBORMLS #22024326

$165,000—
Mar 28, 2025

Pending

MIBORMLS #22024326

—
DateEvent & SourcePrice
04/23/2025

Sold (Public Record)

Public Record #1558331911

$165,000
04/23/2025

Sold

MIBORMLS #22024326

$165,000
03/28/2025

Pending

MIBORMLS #22024326

—

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

Public Records for 601 Walnut Street

Taxable ValueLand$13,100Additions$77,800Total$90,900
Tax Record2025$2,135 ($178 / month)
Home Facts
Baths2Total Finished SqFt1,040 SqFtAbove Grade Finished SqFt1,040 SqFtUnfinished Basement SqFt967 SqFtStories1Lot Size4,400 SqFtStyleDuplexYear Built1941Year Renovated1941CountyMADISONAPN48-12-07-301-029.000-003

Schools near 601 Walnut Street

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 601 Walnut Street, Anderson, IN 46012
$165,000
–
–
–
4,356
–
–
–
–
7,405
–
–
–
2,184
8,460
$130,000
4
3,928
6,969
–
–
–
–
10,149
–
–
–
11,322
7,841

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 Berkshire Hathaway Home

Based on information submitted to the MLS GRID as of 04/24/2025 01:44 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.