Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 6 doors across 5 properties, this particular property is a value-add single family ranch home. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 1402 Walton St on a spacious corner lot, the home features 2 bedrooms and 1 bathroom, and there is a massive barn on the property that could be used as a garage or for storage. All properties in this portfolio are vacant, offering a blank canvas for renovations. Condition levels vary, and the pricing reflects their as-is status-giving savvy investors a prime opportunity to add value and maximize returns. Located within about one mile of downtown Anderson, these properties also benefit from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with cash-flowing rentals or prefer a BRRRR or flip strategy, this package provides a golden chance to invest in a rapidly improving area. Capitalize on this unique opportunity and grow your real estate portfolio today!
Sold
$40,000
1402 Walton St, Anderson, IN 46016
2beds
820sqft
Residential, Single Family Residence
Built in 1908
5,662.8 Square Feet Lot
$42,500 Zestimate®
$49/sqft
$972 Estimated rent
Home value
$42,500
$35,000 - $51,000
$972/mo
Zestimate® history
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Owner options
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$972/mo
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Rent Zestimate®
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$194/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: March 04, 2025 at 10:34am
Listing Provided by:
Peter Stewart 317-450-9202,
Keller Williams Indpls Metro N
Bought with:
Candy Bair
RE/MAX Real Estate Solutions
Source: MIBOR as distributed by MLS GRID,MLS#: 22021299
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11x13
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Kitchen
- Features: Vinyl
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11x8
Living room
- Features: Vinyl
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Electric Water Heater, Gas Oven, Refrigerator
Features
- Attic Access
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 820
- Total interior livable area: 820 sqft
Property
Parking
- Parking features: Other
- Details: Garage Parking Other(Other)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 5,662 sqft
- Features: Corner Lot
Details
- Additional structures: Barn Storage
- Parcel number: 481114202075000003
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Block
Condition
- Fixer
- New construction: No
- Year built: 1908
Utilities & green energy
- Water: Municipal/City
Community & neighborhood
Location
- Region: Anderson
- Subdivision: Selvages West Side
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2025 | Listing removed | $925$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/11/2025 | Listed for rent | $925$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/4/2025 | Sold | $40,000-11.1%$49/sqft |
Source:  MIBOR as distributed by MLS GRID #22021299 Report a problem | ||
| 2/22/2025 | Pending sale | $45,000$55/sqft |
Source: MIBOR as distributed by MLS GRID #22021299 Report a problem | ||
| 2/13/2025 | Listed for sale | $45,000+50%$55/sqft |
Source: MIBOR as distributed by MLS GRID #22021299 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $707 +9.3% | $34,200 +7.5% |
| 2024 | $647 -0.4% | $31,800 +10% |
| 2023 | $649 +8.8% | $28,900 -0.3% |
Find assessor info on the county website
Neighborhood: 46016
Nearby schools
GreatSchools rating
- 4/10Edgewood Elementary SchoolGrades: K-4Distance: 1.5 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 4.7 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 2.6 mi
Get a cash offer in 3 minutes
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Estimated market value
$42,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$42,500
- Indiana
- Madison County
- Anderson
- 46016
- 1402 Walton St