About This Home

This 3-bedroom, 1-bathroom single family at 321 S Madison Avenue in Anderson, IN is listed for $49,999 ($36 per sqft). Built in 1904, the home offers 1,379 sqft of living space on a 0.04 acres lot.

Key Features

  • Built in 1904
  • 0.04 acre lot
  • Fireplace

Property Details

1 story
1 full
1904

Amenities

Fireplace
Listing 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.

Monthly Cost Estimate

$267/mo

20% down · 6.5% · 30 years

Principal$36
Interest$217
Insurance$15

Estimates only. Actual payments may vary.

Location

321 S Madison Avenue

Anderson, IN 46016

Evalyn

Features & Amenities

Interior Features

Attic AccessEat-in Kitchen

Property Details

Construction

Log Siding

Heating

Natural Gas

Questions & Answers

This 3-bedroom, 1-bathroom single family at 321 S Madison Avenue is listed at $49,999 ($36/sqft). The estimated monthly payment is $268 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1904, 0.04 acre lot, Fireplace. Interior Features: Attic Access, Eat-in Kitchen.

This property is listed by Rafael Ayala and can be reached at (812) 734-6048.

RA

Rafael Ayala

Agent at eXp Realty, LLC

(812) 734-6048

Listed by eXp Realty, LLC · View on Broker Site

MLS# 22070367· Source: listhub· 249 days on market

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321 S Madison Avenue, Anderson, IN 46016

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