$89,900

421 W 2nd St Anderson, IN 46016

$1,068
Closing credit¹
0.1 acres
Multi-Family

Property details

About 421 W 2nd St

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 brick ranch duplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 421 W 2nd St, the duplex sits on a flat lot and has a side by side layout. Each unit features 1 bedroom and 1 bathroom, with all utilities separately metered. 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!

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
Lot size0.14 Acres
Year built1962
MLS #22021284

Summary

  • Basement: No
  • Architectural Style: Ranch, TraditonalAmerican
  • Heating: Forced Air
  • Cooling: None
  • List Price: $89,900
  • Annual Tax Amount: $1,035
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1962
  • Lot Size: 0.14 Acres
  • MLS Number: 22021284
  • MLS Name: MIBOR
  • Office Name: Keller Williams Indpls Metro N
  • Office Email: peter@peterstewartrealty.com
  • Listing Agent: Peter Stewart

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2025, 3:16:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

exterior space with a carport

$89,900

421 W 2nd St

$1,068

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$46,300$1,035
2021$42,600$926
2020$41,000$906
2019$40,100$715
2017$31,000$620

History based on county public records data.

Nearby schools

3

Eastside Elementary School

Public District KG-4

1.9 mi

844 N Scatterfield Rd

2

Anderson Elementary School

Public District KG-4

1.9 mi

2035 Raible Ave

3

Edgewood Elementary School

Public District KG-4

2.6 mi

3525 Winding Way

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,545. The most common annual income of people living in Anderson, IN is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

55%
<35k
31%
35k-100k
11%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
19%
Single, with Kids
10%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
37%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Chico'sChico's
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Anderson, IN

Transportation in Anderson includes a network of roads and highways that connect residents to nearby cities and amenities. Public transit options are available, offering services that facilitate movement around the city. The area's walkability varies, with certain neighborhoods being more pedestrian-friendly than others. Efforts to enhance transportation efficiency and accessibility are ongoing, with improvements to roadways and public transit systems planned or underway.

The community is served by a number of public schools, offering educational opportunities from elementary through high school levels. Healthcare services are available through local clinics and a regional hospital, providing residents with access to essential medical care. The city also features a public library system and a variety of retail and dining options that reflect the local culture.

Anderson prides itself on a strong sense of community and a rich historical heritage. The city is celebrated for its annual events, which include cultural festivals and community gatherings that highlight the local traditions and foster a sense of togetherness among residents.

Anderson's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from historic homes with Victorian influences to more contemporary ranch-style dwellings. The market is balanced with a mix of older homes that reflect the city's rich history and newer constructions that cater to modern living preferences.

About 421 W 2nd St

This home is located at 421 W 2nd St in Anderson, IN and zip code 46016. Features: 0 bathroom. It has been listed on Rocket Homes since February 13, 2025 and is currently priced at $89,900.

In April 2025 more than 18 listings in Anderson, IN were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 48 were sold below. The number of listings in Anderson, IN decreased by 2.9% between March and April 2025. Listings spent 41 days on the market in April 2025, and had a median list price of $164,993 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources