OFF MARKET

Off market apr 2019 for $40K

—

Studio

•

— ba

•

552

sq ft

515 W 2nd St, Anderson, IN 46016

About this home

Multi-familyProperty Type

1885Year Built

50 sq ftLot Size

$72Price/Sq.Ft.

Listed by Linda Babbitt • Gold Key Properties

Contact: LINDA@GOLDKEY1.COM

Bought with Linda Babbitt • Gold Key Properties

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21350874

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 46016, IN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

93.2%

0.6% MoM

Median sale price

$94,972

$5K MoM

Avg. days on market

54d

8 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 1 HR AGO
$205,000
5 beds2 baths3,809 sq ft
2226 Fletcher, Anderson, IN 46016
NEW 21 HRS AGO
$89,000
2 beds1 bath1,733 sq ft
2509 Lincoln St, Anderson, IN 46016
$49,999
3 beds1 bath2,703 sq ft
2424 Fairview St, Anderson, IN 46016
$74,900
2 beds1 bath2,192 sq ft
2613 Louise St, Anderson, IN 46016
$125,000
2 beds1636 baths1,079,760 sq ft
815 - 821 E 19th St, Anderson, IN 46016
$75,000
3 beds1 bath1,160 sq ft
1504 Dewey St, Anderson, IN 46016
$100,000
3 beds1 bath1,512 sq ft
1405 W 4th St, Anderson, IN 46016
$110,000
5 beds2 baths1,146 sq ft
2126 Pearl St, Anderson, IN 46016
$189,900
3 beds2 baths2,244 sq ft
1702 B St, Anderson, IN 46016
$1
5 beds2.5 baths5,492 sq ft
412 W 11th St, Anderson, IN 46016
See all

Provided by Redfin

Sale history for 515 W 2nd St

Date

Event

Price

MIBOR as Distributed by MLS Grid #22073096

May 4, 2026

Listing Removed

—

Mar 9, 2026

Price Changed

$125,000

$226/sq ft

Nov 26, 2025

Price Changed

$120,000

$217/sq ft

Nov 12, 2025

Listed

$125,000

$226/sq ft

MIBOR as Distributed by MLS Grid #21350874

Apr 25, 2019

Sold

$40,000

$72/sq ft

Apr 15, 2019

Pending

—

Nov 6, 2018

Relisted

—

Oct 9, 2018

Pending

—

Feb 1, 2017

Relisted

—

Jan 27, 2017

Listing Removed

—

Jan 26, 2016

Relisted

—

Jan 4, 2016

Listing Removed

—

Oct 26, 2015

Price Changed

$44,900

$81/sq ft

May 5, 2015

Price Changed

$54,900

$99/sq ft

May 4, 2015

Listed

$64,900

$118/sq ft

MIBOR as Distributed by MLS Grid #21015268

Feb 18, 2015

Listing Removed

—

Mar 18, 2010

Listed

$54,900

$99/sq ft

MIBOR as Distributed by MLS Grid #2011034

Mar 23, 2000

Listed

$23,500

$43/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,829 (+10.3%)

$8,100 + $66,500

$74,600

2024

$1,658 (+8.5%)

$8,100 + $66,500

$74,600

2023

$1,528 (−0.3%)

$8,100 + $66,500

$74,600

2022

$1,532 (+8.6%)

$7,700 + $60,600

$68,300

2021

$1,411 (+4.1%)

$7,200 + $61,300

$68,500

2020

$1,356 (+2.5%)

$7,200 + $55,500

$62,700

2019

$1,323 (+6.5%)

$6,800 + $53,200

$60,000

2018

$1,242 (+16.3%)

$6,800 + $51,700

$58,500

2017

$1,068

$6,800 + $46,600

$53,400

2016

$1,068 (−2.4%)

$6,800 + $46,600

$53,400

2015

$1,094 (+0.7%)

$6,800 + $46,600

$53,400

2014

$1,086

$6,900 + $47,800

$54,700

2013

$1,086

$6,900 + $47,400

$54,300

Tax history for 515 W 2nd St

Year

Property tax

Land + Additions

Assessment*

2025

$1,829 (+10.3%)

$8,100 + $66,500

$74,600

2024

$1,658 (+8.5%)

$8,100 + $66,500

$74,600

2023

$1,528 (−0.3%)

$8,100 + $66,500

$74,600

2022

$1,532 (+8.6%)

$7,700 + $60,600

$68,300

2021

$1,411 (+4.1%)

$7,200 + $61,300

$68,500

2020

$1,356 (+2.5%)

$7,200 + $55,500

$62,700

2019

$1,323 (+6.5%)

$6,800 + $53,200

$60,000

2018

$1,242 (+16.3%)

$6,800 + $51,700

$58,500

2017

$1,068

$6,800 + $46,600

$53,400

2016

$1,068 (−2.4%)

$6,800 + $46,600

$53,400

2015

$1,094 (+0.7%)

$6,800 + $46,600

$53,400

2014

$1,086

$6,900 + $47,800

$54,700

2013

$1,086

$6,900 + $47,400

$54,300

*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

Baths

Stories

1.5

Lot width

50 ft.

Lot depth

125 ft.

Lot size

6,251 Sq. Ft.

Year renovated

1950

Sq. Ft.

888

Year built

1885

Style

Multi-Family (2-4 Unit)

County

Madison County

APN

481112204034000003

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 28, 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

Parking

Parking Information
Unit Parking: On Street,Parking Lot

Interior

Interior Sq. Ft. Information
Building Area Total: 552
Living Area: 552
Main Level Sq. Ft.: 552

Laundry Room Information
Laundry Features: Connections Some

Multi-Family Financial Information
Owner Pays: Taxes, Sewer, Water
Net Operating Income: 12120
Gross Income: 24120
Expenses: 12000

Multi-Unit Information
# of Units: 4

Unit Type 1 Information
Kitchen: 8X10
Levels: 2
Rent: 550
Rent Frequency: Monthly

Unit Type 2 Information
Kitchen: 8X8
Levels: 1
Rent: 400
Rent Frequency: Monthly

Unit Type 3 Information
Rent Frequency: Monthly
Rent: 400

Unit Type 4 Information
Rent: 550
Rent Frequency: Monthly

Exterior

Property Features
Conversion: No

Property Information
Property Type: Residential Income
Property Sub Type: Fourplex

Lot Information
Lot Size Acres: 0.144
Lot Features: Access

Utilities

Utility Information
Utilities: Cable Available, Gas, Sewer Connected, Water Connected
Solid Waste Information: Yes

Location

School Information
High School District: Anderson Community School Corp

Location Information
Directions: JACKSON ST TO 3RD ST, TURN NORTH ON MORTON TO 2ND STREET, TURN WEST ON 2ND TO PROPERTY
Tax Legal Description: MATTERS 0.0000ACRES STR:

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 888
Stories: 1.5
Lot Size: 6,251 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1885
Year Renovated: 1950
County: Madison County
APN: 481112204034000003

Home facts updated by county records on Sep 28, 2026

Other

Listing Information
Attribution Contact: LINDA@GOLDKEY1.COM

Home Information
Construction Materials: Vinyl Siding
Structure Type: Quadruplex
Security Features: Smoke Alarm

Around this home

Schools

Eastside Elementary School

Public K-5 • Assigned • 2.1mi

4/10

Highland Junior High School

Public 7-8 • Assigned • 3.4mi

5/10

Anderson High School

Public 9-12 • Assigned • 3.3mi

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

Minor risk of severe winds over 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

85/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.7 hrs

5.6 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in Anderson. 3 minutes to get started.

Nearby similar homes

FOR SALE BY OWNER

$40,000

Studio3 baths1,758 sq ft

2214 Fletcher St, Anderson, IN 46016

$44,900

3 beds3 baths3,350 sq ft

321 W 22nd St, Anderson, IN 46016

$85,000

4 beds2 baths1,650 sq ft

2802 S Hackley, Muncie, IN 47302

$185,000

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2805-2807 Skylark Dr, Muncie, IN 47304

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New listings for sale in 46016

NEW 1 HR AGO

$205,000

5 beds2 baths3,809 sq ft

2226 Fletcher, Anderson, IN 46016

NEW 21 HRS AGO

$89,000

2 beds1 bath1,733 sq ft

2509 Lincoln St, Anderson, IN 46016

$49,999

3 beds1 bath2,703 sq ft

2424 Fairview St, Anderson, IN 46016

$74,900

2 beds1 bath2,192 sq ft

2613 Louise St, Anderson, IN 46016

$125,000

2 beds1636 baths1,079,760 sq ft

815 - 821 E 19th St, Anderson, IN 46016

$75,000

3 beds1 bath1,160 sq ft

1504 Dewey St, Anderson, IN 46016

$100,000

3 beds1 bath1,512 sq ft

1405 W 4th St, Anderson, IN 46016

$110,000

5 beds2 baths1,146 sq ft

2126 Pearl St, Anderson, IN 46016

$189,900

3 beds2 baths2,244 sq ft

1702 B St, Anderson, IN 46016

Home values near 515 W 2nd St

Data from public records.

Address	Redfin Estimate
425 West 2nd St, Anderson, IN 5 Beds \| 1 Baths \| 1345 Sq. Ft.	$72,842
534 West 2nd St, Anderson, IN 2 Beds \| 1 Baths \| 864 Sq. Ft.	$68,302

Address	Redfin Estimate
527 West 2nd St, Anderson, IN 2 Beds \| 1.5 Baths \| 864 Sq. Ft.	$36,722
501 West 2nd St, Anderson, IN 3 Beds \| 1 Baths \| 1193 Sq. Ft.	$79,160

Address	Redfin Estimate
536 West 2nd St, Anderson, IN 2 Beds \| 1 Baths \| 962 Sq. Ft.	$35,426
522 West 2nd St, Anderson, IN 3 Beds \| 1 Baths \| 1078 Sq. Ft.	$34,251

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2015. This data may not match . Learn more.

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