Address
321 S Madison Avenue, Anderson, IN
Price
$ 45,999
Property Attributes
  • MLS#22070367
  • TypeSingle Family
  • Listing Status Active
  • CountyMADISON
  • CityAnderson
  • AreaAnderson
  • NeighborhoodEvalyn
  • Zip46016
  • StyleBungalow
  • Year Built1904
  • Taxes$ 1026
  • Price$ 45,999
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2076
  • Lot Size0.04 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Excellent investment opportunity in Anderson! This property at 321 Madison Ave offers strong potential for renovation or full rehab. Ideal for investors seeking to add value and build equity through updates. The home requires interior and exterior renovation, but once restored, it could serve as a profitable flip or long-term rental. Conveniently located near amenities, schools, and major routes. Sold as-is-seller will make no repairs. Use caution when showing.

Middle School
Highland Middle School
Price History
10/27/2025 Listed $56,000
3/9/2026 11$49,999
7/13/2026 9$45,999

General Features

Heating Natural Gas
Cooling None
Possession Closing,Negotiable
Appliances None
Architectural Style Bungalow
Construction Materials Log Siding
Year Built 1904
Township Anderson
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Madison
New Construction No
Property Type Residential
Subdivision Name Evalyn
Garage Y/N No
Total Rooms 5
Full Baths 1
Status Active
Directions GPS Friendly
City Anderson
High School District Anderson Community School Corp
MLS Area 4810 - Madison - Anderson NW
Lot Size Square Feet 1728
Property Attached Y/N No
Current Financing Cash Only
Middle/Junior High School Highland Middle School
Standard Status Active
Tax Lot 214
Legal Description Evalyn Exc 7' W Sd N2 N2 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:

Interior Features

Interior Amenities Attic Access,Eat-in Kitchen
Total Fireplaces 2
Fireplace Features Two Sided
Basement (Y/N) Yes
Total Bedrooms 3
Main Level Bedrooms 3
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Water Source Public
Foundation Details Block
Building Area Total 2076
Lot Size Acres 0.04
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46016

Price
AVG $110K
$50K
Taxes
AVG $1,045
$1,026
Year Built
AVG 1923
1904
Visits
AVG 62
228
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.