2255 Arrow Avenue

Anderson, IN 46016

$44,000
Price
3
Beds
1
Bath
872 Sq. Ft.
$50 / Sq. Ft.
872
Sq. Ft.
$50
per Sq. Ft.

Description

Investor alert! Turnkey rental over the 1% rule! Come see this low-priced single family 3br/1ba ranch home located in the heart of Anderson. Very convenient location just blocks into downtown and less than 10min to the newly remodeled casino. The property is tenant occupied and they are paying $800/mo (mo to mo). The home does need repairs and along with some cosmetic updating inside and out it could really shine and it's value and the rent could be improved! Property is professionally managed by...Investor alert! Turnkey rental over the 1% rule! Come see this low-priced single family 3br/1ba ranch home located in the heart of Anderson. Very convenient location just blocks into downtown and less than 10min to the newly remodeled casino. The property is tenant occupied and they are paying $800/mo (mo to mo). The home does need repairs and along with some cosmetic updating inside and out it could really shine and it's value and the rent could be improved! Property is professionally managed by Full Spectrum. Add this property to your rental portfolio and start cash flowing from day 1!
  1. Listed by Peter Stewart • Keller Williams Indpls Metro N • peter@peterstewartrealty.com

Property Details for 2255 Arrow Avenue

Architectural Style
Bungalow
Subdivision Name
Jackson Park
Township
Anderson
Waterfront
No

Location

Listing Courtesy of Keller Williams Indpls Metro N
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LISTING UPDATED: 04/16/2024 05:15 PM

Property Details for 2255 Arrow Avenue

StatusActive
MLS #21968629
Days on Market29
Taxes$145 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1926
Lot Size0.12 AC / 5,227 SF
CountyMadison County

Location

Listing Courtesy of Keller Williams Indpls Metro N
Add your commute

Building Information for 2255 Arrow Avenue

Stories-Year Built1926Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$264 per month

30 year fixed, 7.25% Interest

Principal and Interest

$240

Property Taxes

$24

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2255 Arrow Avenue

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46016
  • Postal Code Plus4: 3844
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 481114304046000003
  • Semi Annual Property Tax Amt: 145
  • Tax Exemption: None
  • Tax Year: 2022
  • TaxLot: 0
School Information
  • School District: Anderson Community School Corp
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage SqFt: 0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 5207.0
  • Lot Size Acres: 0.12
  • Main Level SqFt: 872
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 872.0
  • Sq Ft Total: 872.0
  • Year Built Numeric: 1926
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Legal Subdivision: Jackson Park 0.0000Acres Str: 00000 Section: Plat: 36 In: Out:
  • Photos Count: 6
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Property Condition: Fixer
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Crawl Space
  • Pool Private: No
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Electric Oven, Refrigerator
  • Basement YN: No
  • Cooling: None
  • Eating Area: Other Eating Area
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Interior Features: Attic Access
  • Levels: One
  • Room List: Living Room, Kitchen, Primary Bedroom, Bedroom 2, Bedroom 3
  • Room and Features: Living Room-Main-Carpet, Kitchen-Main-Laminate, Primary Bedroom-Main-Carpet, Bedroom 2-Main-Carpet, Bedroom 3-Main-Carpet
  • Spa: No
  • Main Level Bedrooms: 3
  • Laundry Features: Connections All
  • 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: 12x12
  • Room Features: Carpet
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 8x8
  • Room Features: Laminate
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Features: Carpet
  • Room Type: Primary Bedroom
Room 4
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Features: Carpet
  • Room Type: Bedroom 2
Room 5
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Features: Carpet
  • 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 2255 Arrow Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2255 Arrow Avenue

Taxable ValueLand$3,200Additions$9,900Total$13,100
Tax Record2022$593 ($49 / month)
Home Facts
Beds3Baths1Total Finished SqFt872 SqFtAbove Grade Finished SqFt872 SqFtStories1Lot Size5,207 SqFtStyleSingle Family ResidenceYear Built1926CountyMADISONAPN48-11-14-304-046.000-003

Schools near 2255 Arrow Avenue

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
Anderson 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

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2255 Arrow Avenue is a single family home for sale in Anderson, IN 46016. This property was listed for sale on March 22, 2024 by Keller Williams Indpls Metro N, it's currently listed at $44,000. It has been on the market for a total of 29 days and was last sold on March 6, 2020. This listing's school district is Anderson Community School Corp. Nearby schools include Anderson Elementary School, Highland Jr High School and Anderson High School. 2255 Arrow Avenue is a 3-bed, 1-bath, 872 sqft single family home built in 1926.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Indpls Metro N

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.