$1,450/Month Section 8 Rental | Exceeds 1% Rule | Fully Renovated 2025 Turnkey investment with immediate, reliable cash flow. Leased at $1,450/month with rent paid 100% through Section 8 (HAP). Tenant pays all utilities. At the $135,000 list price, this property exceeds the 1% rule at approximately 1.07% and is priced below a recent $140,000 appraisal, offering a compelling cash-flow opportunity with built-in value. Fully renovated in 2025, including new roof, full electrical rewire, updated plumbing, new HVAC components, many new windows, and complete interior finishes. The home offers 4 bedrooms plus a bonus room and dedicated laundry space, appealing to long-term tenants. Additional features include a detached garage, fenced backyard, washer/dryer hookups, and property taxes under $150/year. Strong income, government-backed rent, and major updates-this is a true turnkey rental.
Active
$135,000
911 W 3rd St, Anderson, IN 46016
4beds
3,064sqft
Est.:
Residential, Single Family Residence
Built in 1890
6,969.6 Square Feet Lot
$-- Zestimate®
$44/sqft
$-- HOA
What's special
Detached garageFenced backyardFully renovatedComplete interior finishesDedicated laundry spaceFull electrical rewireUpdated plumbing
- 11 days |
- 787 |
- 44 |
Zillow last checked: 7 hours ago
Listing updated: March 17, 2026 at 11:38am
Listing Provided by:
Alyssa Burton 586-610-1623,
Inspired Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22089749
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 238 Square Feet
- Dimensions: 14x17
Bedroom 2
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9x10
Bedroom 3
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 12x15
Bedroom 4
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12x12
Bonus room
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Kitchen
- Level: Main
- Area: 195 Square Feet
- Dimensions: 13x15
Laundry
- Level: Main
- Area: 88 Square Feet
- Dimensions: 8x11
Living room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14x16
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Gas Oven, Refrigerator
Features
- Has basement: Yes
Interior area
- Total structure area: 3,064
- Total interior livable area: 3,064 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Chain Link
Lot
- Size: 6,969.6 Square Feet
Details
- Parcel number: 481112302042000003
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Anderson
Financial & listing details
- Price per square foot: $44/sqft
- Tax assessed value: $61,900
- Annual tax amount: $144
- Date on market: 3/17/2026
- Cumulative days on market: 13 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Listed for sale | $135,000$44/sqft |
Source:  MIBOR as distributed by MLS GRID #22089749 Report a problem | ||
| 2/10/2026 | Listing removed | $135,000$44/sqft |
Source: MIBOR as distributed by MLS GRID #22082567 Report a problem | ||
| 2/3/2026 | Listed for sale | $135,000$44/sqft |
Source: MIBOR as distributed by MLS GRID #22082567 Report a problem | ||
| 2/1/2026 | Listing removed | $135,000$44/sqft |
Source: MIBOR as distributed by MLS GRID #22072514 Report a problem | ||
| 1/1/2026 | Price change | $135,000+8.9%$44/sqft |
Source: MIBOR as distributed by MLS GRID #22072514 Report a problem | ||
| 12/31/2025 | Listing removed | $1,450 |
Source: Zillow Rentals Report a problem | ||
| 12/23/2025 | Listed for rent | $1,450 |
Source: Zillow Rentals Report a problem | ||
| 12/12/2025 | Price change | $124,000-0.8%$40/sqft |
Source: MIBOR as distributed by MLS GRID #22072514 Report a problem | ||
| 12/8/2025 | Price change | $125,000-0.8%$41/sqft |
Source: MIBOR as distributed by MLS GRID #22072514 Report a problem | ||
| 11/26/2025 | Price change | $125,9990%$41/sqft |
Source: MIBOR as distributed by MLS GRID #22072514 Report a problem | ||
| 11/22/2025 | Listed for sale | $126,000$41/sqft |
Source: MIBOR as distributed by MLS GRID #22072514 Report a problem | ||
| 11/10/2025 | Pending sale | $126,000$41/sqft |
Source: MIBOR as distributed by MLS GRID #22072514 Report a problem | ||
| 11/8/2025 | Listed for sale | $126,000+147.1%$41/sqft |
Source: MIBOR as distributed by MLS GRID #22072514 Report a problem | ||
| 6/6/2025 | Sold | $51,000+15.9%$17/sqft |
Source: MIBOR as distributed by MLS GRID #22025054 Report a problem | ||
| 5/27/2025 | Listed for sale | $44,000-24%$14/sqft |
Source: MIBOR as distributed by MLS GRID #22025054 Report a problem | ||
| 5/16/2025 | Listing removed | $57,900$19/sqft |
Source: MIBOR as distributed by MLS GRID #22025054 Report a problem | ||
| 5/13/2025 | Price change | $57,900-7.9%$19/sqft |
Source: MIBOR as distributed by MLS GRID #22025054 Report a problem | ||
| 4/23/2025 | Price change | $62,900+6.8%$21/sqft |
Source: MIBOR as distributed by MLS GRID #22025054 Report a problem | ||
| 3/5/2025 | Listed for sale | $58,900+33.9%$19/sqft |
Source: MIBOR as distributed by MLS GRID #22025054 Report a problem | ||
| 11/1/2024 | Sold | $44,000-4.1%$14/sqft |
Source: MIBOR as distributed by MLS GRID #22007525 Report a problem | ||
| 10/21/2024 | Pending sale | $45,900$15/sqft |
Source: MIBOR as distributed by MLS GRID #22007525 Report a problem | ||
| 10/18/2024 | Listed for sale | $45,900+130.7%$15/sqft |
Source: MIBOR as distributed by MLS GRID #22007525 Report a problem | ||
| 2/5/2001 | Sold | $19,900$6/sqft |
Source: MIBOR as distributed by MLS GRID #2041751 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $143 +131% | $61,900 -1.9% |
| 2024 | $62 -49.7% | $63,100 +9.7% |
| 2023 | $123 +93% | $57,500 -1.4% |
| 2022 | $64 +91.9% | $58,300 +10% |
| 2021 | $33 +96.9% | $53,000 +4.7% |
| 2020 | $17 | $50,600 +2.6% |
| 2019 | -- | $49,300 +9.1% |
| 2018 | -- | $45,200 +0.7% |
| 2017 | -- | $44,900 |
| 2016 | -- | $44,900 +78.2% |
| 2014 | -- | $25,200 |
| 2013 | -- | $25,200 -0.4% |
| 2012 | -- | $25,300 -5.2% |
| 2011 | -- | $26,700 |
| 2010 | -- | $26,700 +0.4% |
| 2009 | -- | $26,600 -18.7% |
| 2006 | -- | $32,700 +5.8% |
| 2005 | -- | $30,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$804/mo
Principal & interest
$718
Property taxes
$86
More affordability tools
Climate risks
Neighborhood: 46016
Nearby schools
GreatSchools rating
- 3/10Eastside Elementary SchoolGrades: K-4Distance: 2.5 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 3.6 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 3.2 mi
Local experts in 46016
- Indiana
- Madison County
- Anderson
- 46016
- 911 W 3rd St
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