2406 Locust St is a 1,144 square foot multi-family home on a 4,500 square foot lot with 1 bedroom and 1 bathroom. Based on Redfin's Anderson data, we estimate the home's value is $77,709.
Multi-familyProperty Type
1918Year Built
4,500 sq ftLot Size
$68Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$77,709
$1,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 6.5% higher than the average sale price ($73K) of 5 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-3
Residential District
This district is established to permit single-family and two-family dwellings. Normally, the R3 District is located in areas where many two-family dwellings have already occurred and are acceptable to the neighborhoods so zoned.
Permitted uses
Include but are not limited to:
Housing-Single unit
Property details
Interior
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 3
Heating & Cooling
Heating Type: Warm Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Row Type
Property Information
Subdivision Name: SPRING GROVE ADD
Living Sq. Ft: 1,144
Adjusted Gross Sq. Ft: 1,144
Ground Floor Sq. Ft: 1,144
Building Sq. Ft: 1,144
# of Stories: 1
Legal Description: SPRING GROVE PT W END 0.0000ACRES STR: 00000 SECTION: PLAT: 54 IN: OUT:
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 180
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 4,500
Legal Lot Number: 51
Municipality Name: ANDERSON TOWNSHIP
Acres: 0.1033
Depth Footage: 90
Front Footage: 50
County Use Description: TWO FAMILY DWELL ON PLATTED
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 1,144
Stories: 1.0
Lot Size: 4,500 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1918
Year Renovated: 1960
County: Madison County
APN: 481114404062000003
Home facts updated by county records on Sep 28, 2026
Around this home
Schools
Valley Grove Elementary School
Public K-5 • Assigned • 4.4mi
5/10
Highland Junior High School
Public 7-8 • Assigned • 4.6mi
5/10
Anderson High School
Public 9-12 • Assigned • 1.9mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 Flood Factor
Estimated 19-29% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 18 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Anderson, IN • 46016
Average low and high temperatures (°F)
31
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40
24
59
38
67
46
71
52
82
64
86
68
80
62
81
56
69
46
53
38
40
26
Jan
Feb
Mar
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May
Jun
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Sun exposure
In this area, properties receive around 10 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$74,000 – $90,000
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