931 W 3rd St

1,993 Sq. Ft.
$40 / Sq. Ft.
1,993
Sq. Ft.
$40
per Sq. Ft.

Description

Investor Opportunity | Currently Tenant-Occupied | Lease in Place through July 9, 2026 Beat the 1% Rule! Attractive single-family home offering 2 bedrooms, 1 full bathroom, and generously sized rooms with tall ceilings throughout. Additional features include a dedicated laundry/utility room and a large unfinished basement providing ample storage and housing the gas furnace and gas water heater. Currently tenant-occupied with an active lease expiring July 9, 2026, paying $950 per month. Positive cash...Investor Opportunity | Currently Tenant-Occupied | Lease in Place through July 9, 2026 Beat the 1% Rule! Attractive single-family home offering 2 bedrooms, 1 full bathroom, and generously sized rooms with tall ceilings throughout. Additional features include a dedicated laundry/utility room and a large unfinished basement providing ample storage and housing the gas furnace and gas water heater. Currently tenant-occupied with an active lease expiring July 9, 2026, paying $950 per month. Positive cash flow potential for the buyer - rent and security deposit details are available upon request with proof of funds or pre-approval. 24-48 hour notice required for all showings. Please do not disturb tenant. All room dimensions and square footage are approximate; buyer to verify all measurements and information during inspection period.
  1. Listed by Ryan Boots • Boots Realty, LLC

Property Details for 931 West 3rd Street

Architectural Style
Other
Subdivision Name
No Subdivision
Township
Anderson
LISTING UPDATED: 02/09/2026 11:32 AM

Property Details for 931 West 3rd Street

StatusActive
MLS #22074803
Days on Market77
Taxes$369 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1890
Lot Size0.10 AC / 4,356 SF
CountyMadison County

Location

Listing Courtesy of Boots Realty, LLC
Add your commute

Building Information for 931 West 3rd Street

Stories-Year Built1890Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$447 per month

30 year fixed, 6.15% Interest

Principal and Interest

$385

Property Taxes

$62

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 931 West 3rd Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46016
  • Postal Code Plus4: 2321
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 481112302046000003
  • Semi Annual Property Tax Amt: 369
  • Tax Year: 2024
  • TaxLot: 481112302046000003
School Information
  • Middle Or Junior School: Highland Middle School
  • School District: Anderson Community School Corp
Parking
  • Garage YN: No
  • Garage Spaces: 1.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 4450.0
  • Lot Size Acres: 0.1
  • Main Level SqFt: 1038
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1038.0
  • Sq Ft Total: 1993.0
  • Year Built Numeric: 1890
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Fair Grounds 89' N End 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 14
  • 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: Aluminum Siding, Block
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Microwave, Water Heater, Washer, Refrigerator, Dryer
  • Basement Description: Exterior Entry
  • Basement YN: Yes
  • Cooling: None
  • Eating Area: Dining Combo/Kitchen
  • Heating: Forced Air
  • Interior Features: Vaulted Ceiling(s)
  • Levels: One
  • Room List: Living Room, Dining Room, Kitchen, Laundry, Primary Bedroom, Bedroom 2
  • Room and Features: Living Room-Main, Dining Room-Main, Kitchen-Main-Other, Laundry-Main-Other, Primary Bedroom-Main, Bedroom 2-Main
  • Main Level Bedrooms: 2
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 6
  • Rooms Total MU: 6
  • Total Rooms: 6
Room 1
  • Room Level: Main
  • Room Dimensions: 15x13
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 14x13
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 11x5; 9x10
  • Room Features: Other
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 11x5
  • Room Features: Other
  • Room Type: Laundry
Room 5
  • Room Level: Main
  • Room Dimensions: 9x14
  • Room Type: Primary Bedroom
Room 6
  • Room Level: Main
  • Room Dimensions: 9x10
  • 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: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 2

Property History for 931 West 3rd Street

DateEvent & SourcePriceAppreciation
Feb 9, 2026

Price Change

MIBORMLS #22074803

$79,000—
Jan 12, 2026

Price Change

MIBORMLS #22074803

$82,000—
Nov 25, 2025

Listed (Active)

MIBORMLS #22074803

$84,500—
May 30, 2023

Sold

Indiana Regional MLS #202309081

$22,000—
May 30, 2023

Sold

MIBORMLS #21912727

$22,000—
May 11, 2023

Sold (Public Record)

Public Record #1513612294

$22,000—
Apr 18, 2023

Pending

MIBORMLS #21912727

—
Apr 18, 2023

Pending

Indiana Regional MLS #202309081

—
Mar 29, 2023

Listed (Active)

MIBORMLS #21912727

$29,900—
Mar 29, 2023

Listed (Active)

Indiana Regional MLS #202309081

$29,900—
DateEvent & SourcePrice
02/09/2026

Price Change

MIBORMLS #22074803

$79,000
01/12/2026

Price Change

MIBORMLS #22074803

$82,000
11/25/2025

Listed (Active)

MIBORMLS #22074803

$84,500
05/30/2023

Sold

Indiana Regional MLS #202309081

$22,000
05/30/2023

Sold

MIBORMLS #21912727

$22,000
05/11/2023

Sold (Public Record)

Public Record #1513612294

$22,000
04/18/2023

Pending

MIBORMLS #21912727

—
04/18/2023

Pending

Indiana Regional MLS #202309081

—
03/29/2023

Listed (Active)

MIBORMLS #21912727

$29,900
03/29/2023

Listed (Active)

Indiana Regional MLS #202309081

$29,900

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

Public Records for 931 West 3rd Street

Taxable ValueLand$6,100Additions$27,100Total$33,200
Tax Record2024$738 ($61 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,038 SqFtAbove Grade Finished SqFt1,038 SqFtStories1Lot Size4,450 SqFtStyleSingle Family ResidenceYear Built1890Year Renovated1940CountyMADISONAPN48-11-12-302-046.000-003

Schools near 931 West 3rd Street

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 7 to 8
Public - 9 to 12
Public - 6 to 10
Rating
School
Distance
Eastside Elementary School
PublicK to 4

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.

Similar Homes

Similar Sold Homes

931 West 3rd Street is a single family home for sale in Anderson, IN 46016. This property was listed for sale on November 25, 2025 by Boots Realty, LLC, it's currently listed at $79,000. It has been on the market for a total of 77 days and was last sold on May 30, 2023. This listing's school district is Anderson Community School Corp. Nearby schools include Eastside Elementary School, Highland Jr High School and Anderson High School. 931 West 3rd Street is a 2-bed, 1-bath, 1,993 sqft single family home built in 1890.

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 Boots Realty, LLC

Based on information submitted to the MLS GRID as of 02/09/2026 11:32 AM. 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.