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(317) 250-7163

1631 Brown St, Anderson, IN 46016

$39,000

Quaint single-story home with a small front porch and classic design at 1631 Brown St, Anderson, IN 46016
  • Bedrooms

    2

  • Baths

    1

  • Sq. Feet

    1584

  • Year Built

    1914

  • Days on Market

    3

  • $/SqFt

    $25

6 Photos

  • Quaint single-story home with a small front porch and classic design at 1631 Brown St, Anderson, IN 46016
  • Cozy kitchen featuring classic appliances and ample countertop space at 1631 Brown St, Anderson, IN 46016
  • Comfortable dining area featuring a round table with seating for four at 1631 Brown St, Anderson, IN 46016
  • Functional bathroom with toilet, sink, shelves, and butterfly decor at 1631 Brown St, Anderson, IN 46016
  • Functional kitchen featuring a double sink, cabinets, and decor at 1631 Brown St, Anderson, IN 46016
  • Cozy bedroom featuring a comfortable bed and dresser at 1631 Brown St, Anderson, IN 46016
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Home Description

INVESTOR ALERT! VALUE-ADD RENTAL WELL OVER THE 1% RULE!! Come see this low-priced single family two bedroom/1ba ranch home located in the heart of Anderson. Very convenient location just blocks into downtown and less than 10min to the newly remodeled casino. The property is tenant occupied and they are paying $850/mo (mo-to-mo). While the home is in rental grade condition, with some repairs and updated it could really shine and both the rent and property value could be improved! Add this property to your rental portfolio and start cash flowing from day 1!

  • MLS #: 22028957
  • Street Address: 1631 Brown St
  • City: Anderson
  • Zip: 46016
  • County: Madison
  • Township: Anderson
  • Property Type: Single Family
  • Style: Bungalow
  • Basement: Unfinished
  • Garage Spaces: 0
  • Acres: <1/4 Acre
  • Siding: Vinyl Siding
  • Patio & Porch: Covered Porch

Available now at $39,000

Approximate Room Sizes / Descriptions

Living Room12x12Main
Dining Room11x14Main
Kitchen10X11Main
Primary Bedroom11X11Main
Bedroom 211X10Main
  • Interior Description: Windows Vinyl,WoodWorkStain/Painted
  • Full Baths: 1
  • Num Fireplaces: 0
  • Appliances: Electric Oven,MicroHood,Refrigerator
  • Eating Area: Dining Combo/Kitchen
  • Heating: Forced Air
  • Cooling: Central Electric
  • : peter@peterstewartrealty.com

Neighborhood

The average asking price of a 2 bedroom Anderson home in this zip code is $86,596 (122.0% more than this home).

This home is priced at $25/sqft, which is 166.8% less than similar homes in the 46016 zip code.

Potential Great Value

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School Information

  • School District:Anderson Community School Corp

Financial

  • Approx Payment:$194*
  • Semi Annual Taxes:$255

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 250-7163 and speak with one of our real estate consultants.

Listing Courtesy of Keller Williams Indpls Metro N. For information or to schedule a viewing of this property (MLS# 22028957), call: 317-250-7163

1631 Brown St, Anderson IN is a single family home of 1584 sqft and is currently priced at $39,000 . This single family home has 2 bedrooms. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Anderson, IN. Arlington, Woodlawn and J Davis are nearby neighborhoods. MLS 22028957 has been posted on this site since 4/1/2025 (today).

2025

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