Bank owned three unit property previously rented for $525, $375 and $425. Proof of funds required with all offers. Property sold AS IS. Property is eligible for ExpressPath financing and seller requires buyer to have ExpressPath pre-approval, however, not required to obtain mortgage there.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
1.5
Lot width
42 ft.
Lot depth
70 ft.
Lot size
2,940 Sq. Ft.
Year renovated
1950
Sq. Ft.
1,282
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Madison County
APN
481207302048000003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
R-4
Residential District
The R4 District will permit residential use without limitation as to the number of families to be housed in a building so long as the prescribed lot area per family can be provided. Many multi-family dwellings and two-family dwellings occur in the R4 District, as well as many large older homes which would be suitable for conversion to multi-family use.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Property details
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 1,282
Stories: 1.5
Lot Size: 2,940 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: 1950
County: Madison County
APN: 481207302048000003
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Tenth Street Elementary School
Public K-5 • Assigned • 1.9mi
3/10
Highland Junior High School
Public 7-8 • Assigned • 2.8mi
5/10
Anderson High School
Public 9-12 • Assigned • 3.4mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk 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
1% 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 • 46012
Average low and high temperatures (°F)
30
16
40
24
58
38
67
46
70
52
82
64
85
69
80
61
80
56
69
46
52
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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
$121,000 – $146,000
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