Excellent investment opportunity within walking distance to Historic Downtown Anderson and Anderson University. New electrical ran and new roof as of 2019. Newer furnace, water heater, and plumbing as well. This home won't take much to get it ready to start making you money! Being sold as-is.
Previously the property was a three unit income property and could easily be again. It has four bedrooms and three bathrooms. The home needs repairs and is not livable in its current state. Make offer! Can be purchased with 2026 Main St and 2212 Main St, both in Anderson.
MIBOR as Distributed by MLS Grid #21174126
Sep 22, 2012
Listing Removed
—
Apr 27, 2012
Listed
$15,000
$8/sq ft
Public Records
Mar 9, 2010
Sold
$45,000
$25/sq ft
MIBOR as Distributed by MLS Grid #2227930
Sep 21, 2002
Listing Removed
—
Jun 14, 2002
Listed
$39,900
$22/sq ft
MIBOR as Distributed by MLS Grid #2206000
Feb 6, 2002
Listed
$19,163
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,126 (−2.2%)
$8,600 + $89,200
$97,800
2024
$2,173 (+20.1%)
$8,600 + $89,200
$97,800
2023
$1,810 (+0.6%)
$8,600 + $89,200
$97,800
2022
$1,799 (+9.2%)
$8,300 + $72,600
$80,900
2021
$1,647 (−50.9%)
$7,800 + $72,600
$80,400
2020
$3,355 (+117.8%)
$7,700 + $65,500
$73,200
2019
$1,540 (+123.0%)
$7,400 + $66,100
$73,500
2018
$691 (+7.6%)
$7,400 + $60,700
$68,100
2017
$642 (−76.9%)
$7,400 + $56,800
$64,200
2016
$2,779 (+58.3%)
$7,400 + $56,800
$64,200
2015
$1,755 (+180.4%)
$7,600 + $57,500
$65,100
2014
$626 (+1.3%)
$7,900 + $60,200
$68,100
2013
$618
$7,900 + $59,300
$67,200
Tax history for 520 Ruddle Ave
Year
Property tax
Land + Additions
Assessment*
2025
$2,126 (−2.2%)
$8,600 + $89,200
$97,800
2024
$2,173 (+20.1%)
$8,600 + $89,200
$97,800
2023
$1,810 (+0.6%)
$8,600 + $89,200
$97,800
2022
$1,799 (+9.2%)
$8,300 + $72,600
$80,900
2021
$1,647 (−50.9%)
$7,800 + $72,600
$80,400
2020
$3,355 (+117.8%)
$7,700 + $65,500
$73,200
2019
$1,540 (+123.0%)
$7,400 + $66,100
$73,500
2018
$691 (+7.6%)
$7,400 + $60,700
$68,100
2017
$642 (−76.9%)
$7,400 + $56,800
$64,200
2016
$2,779 (+58.3%)
$7,400 + $56,800
$64,200
2015
$1,755 (+180.4%)
$7,600 + $57,500
$65,100
2014
$626 (+1.3%)
$7,900 + $60,200
$68,100
2013
$618
$7,900 + $59,300
$67,200
*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
4
Baths
2
Stories
2
Lot width
62 ft.
Lot depth
124 ft.
Lot size
7,688 Sq. Ft.
Year renovated
1950
Sq. Ft.
1,833
Year built
1885
Style
Single Family Residential
County
Madison County
APN
481207302026000003
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: 4
Baths: 2.0
Sq. Ft.: 1,833
Stories: 2.0
Lot Size: 7,688 square feet
Style: Single Family Residential
Year Built: 1885
Year Renovated: 1950
County: Madison County
APN: 481207302026000003
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Tenth Street Elementary School
Public K-5 • Assigned • 1.8mi
3/10
Highland Junior High School
Public 7-8 • Assigned • 2.8mi
5/10
Anderson High School
Public 9-12 • Assigned • 3.2mi
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
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 • 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
$123,000 – $148,000
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