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$65,000

For Sale

A month ago

1720 W 24Th St, Anderson, IN

House

MLS® 22083657

2 Bed

1 Bath

1086 sqft

1 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1086 sqft
Garage Yes
Taxes 
Days Active 33
Lot Size 
Approx. Age 1948
Avg. Price Per Sqft $59
MLS® Number 22083657

Property Address: 1720 W 24th St, Anderson, IN, 46016-3723

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 1720 W 24th St, a turnkey, tenant-occupied investment opportunity located just southwest of downtown Anderson. This durable concrete block ranch sits on a manageable corner lot fully enclosed by a chain-link fence and offers strong rental fundamentals from day one. The current lease runs from 5/1/26 through 4/30/27 at $900/month, which hits nearly a 1.4 rent-to-price ratio and provides immediate cash flow for the next owner. The tenant is responsible for all lawn maintenance and utilities, and the property is professionally managed by Midwest Property Management, making this a truly hands-off addition to your portfolio. The home features 1, 086 sq ft with 2 bedrooms, 1 full bath, a split-bedroom layout, arched doorways, galley-style kitchen with ample cabinet space, side-by-side laundry hookups, central heat/air, a 588 sq ft unfinished basement with daylight windows, and a 1-car attached garage. The unique blue metal roof adds curb appeal and long-term durability, while the front deck and ramp provide easy accessibility. Located around the corner from Anderson Speedway and Jackson Park, and under 10 minutes from St. Vincent Hospital, Meadowbrook Golf Course, the casino, and horse track, this property is well positioned for continued rental demand. Property is sold as-is, price is firm, and no creative/seller financing or wholesalers will be considered.
MLS® Number22083657
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1948
BasementDaylight, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Living Room:Main FloorNot available
Kitchen:Main FloorNot available
Other:Main FloorNot available
Bedroom 2:Main FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 5, 2026List Date
$65,000List Price

Home Appraisal

This property is estimated to sell between: $65,000 and $82,000.
Similar properties in this area sold on average for: $76,050
Expected to sell in 9 days. Similar properties sold in 42 days. This home has been on eXp Realty for 33 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1720 W 24Th St, Anderson, IN

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