Active

Price increase: $5K (3/10)

$125,000

515 W 2nd St, Anderson, IN 46016

6beds

4baths

--sqft

Est.:

Multi Family, Quadruplex

Built in 1885

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Off-street parking

Are you looking for fantastic cashflow? One price, 4+ units! This property offers a good independent unit in the front with 3 apartments in the back, plus storage area (could be converted into an extra unit). Front unit is a 3 bed 2 bath with unfinished basement. Back building offers 3 apartments (1 bed 1 bath each) plus a storage unit. Off-street parking. All 3 units in the back have been recently renovated and are ready to rent.

145 days

624

44

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Appliances

Laundry: Connections Some

Features

Has basement: No

Property

Parking

Parking features: Storage
Details: Unit Parking(On Street, Parking Lot)

Lot

Size: 6,098.4 Square Feet
Features: Access

Details

Parcel number: 481112204034000003
Special conditions: Broker Owned

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Quadruplex

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1885

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: No Subdivision

Location

Region: Anderson

Financial & listing details

Tax assessed value: $83,000
Annual tax amount: $1,658
Date on market: 11/12/2025
Cumulative days on market: 146 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/10/2026	Price change	$125,000+4.2%
Source: MIBOR as distributed by MLS GRID #22073096 Report a problem
11/27/2025	Price change	$120,000-4%
Source: MIBOR as distributed by MLS GRID #22073096 Report a problem
11/12/2025	Listed for sale	$125,000+92.3%
Source: MIBOR as distributed by MLS GRID #22073096 Report a problem
3/5/2020	Listing removed	$650
Source: Morgan Properties Report a problem
2/28/2020	Listed for rent	$650
Source: Morgan Properties Report a problem
10/24/2019	Listing removed	$65,000
Source: Owner Report a problem
8/16/2019	Listed for sale	$65,000+62.5%
Source: Owner Report a problem
4/25/2019	Sold	$40,000-10.9%
Source: MIBOR as distributed by MLS GRID #21350874 Report a problem
4/15/2019	Pending sale	$44,900
Source: Gold Key Properties #21350874 Report a problem
11/6/2018	Listed for sale	$44,900
Source: Gold Key Properties #21350874 Report a problem
10/9/2018	Pending sale	$44,900
Source: Gold Key Properties #21350874 Report a problem
10/26/2015	Price change	$44,900-18.2%
Source: Gold Key Properties #21350874 Report a problem
5/5/2015	Listed for sale	$54,900+998%
Source: Gold Key Properties #21350874 Report a problem
5/31/2000	Sold	$5,000
Source: MIBOR as distributed by MLS GRID #2011034 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,658 +8.5%	$83,000 +11.3%
2024	$1,528 -0.3%	$74,600 +9.2%
2023	$1,532 +8.6%	$68,300 -0.3%
2022	$1,411 +4.1%	$68,500 +9.3%
2021	$1,356 +2.5%	$62,700 +4.5%
2020	$1,323 +6.5%	$60,000 +2.6%
2019	$1,242 +16.3%	$58,500 +8.7%
2018	$1,068	$53,800 +0.7%
2017	$1,068 -2.4%	$53,400
2016	$1,094 +0.7%	$53,400 -1.7%
2014	$1,086	$54,300
2013	$1,086 +1.7%	$54,300 +1.7%
2012	$1,068 -14.7%	$53,400 -14.7%
2010	$1,252 -34.1%	$62,600 -1.1%
2009	$1,899	$63,300