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New
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$145,000

For Sale

A day ago

2205 Hendricks St, Anderson, IN

House

MLS® 22089473

3 Bed

1 Bath

1474 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1474 sqft
Garage No
Taxes 
Days Active 0
Lot Size 0.15 acres
Approx. Age 1900
Avg. Price Per Sqft $98
MLS® Number 22089473

Property Address: 2205 Hendricks St, Anderson, IN, 46016-4040

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

Description

Turnkey Rental - Fully Renovated from the Studs Up Investment Opportunity: Currently rented for $1, 469 per month, with the tenant paying all utilities and handling lawn care, creating a low-maintenance income property. At the $145, 000 list price, the property delivers approximately a 1% rent-to-price ratio, a metric many investors seek. This 3-bedroom, 1-bathroom home offers approximately 1, 500 sq ft of living space and sits on a spacious 6, 700 sq ft lot with a large backyard. Conveniently located with easy highway access and just a 4-minute drive to Anderson's downtown historic district, making it attractive for long-term tenants. The home was fully renovated in 2022 from the studs up, with extensive improvements including: Exterior: new roof, fascia, siding, gutters, exterior paint, concrete work, and windows. HVAC: new furnace, AC unit, water heater, thermostat, and gas meter. Plumbing: new underground water line, updated interior plumbing lines and fixtures, and washer/dryer hookups. Electrical: complete rewire with new panel, meter, and modern light fixtures. Interior: new drywall, paint, flooring, trim, cabinets, quartz countertops, doors, vanities, and stainless steel appliances. With major systems, structure, and interior finishes all replaced in 2022, this property offers investors a turnkey rental with minimal near-term maintenance needs. Strong rental income, extensive renovations, and low owner expenses make this a compelling addition to any portfolio.
MLS® Number22089473
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage0.15
Exterior
GarageNo
Approx. Age1900
BasementUnfinished
Driveway
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Rooms

Kitchen:Main Floor11 × 19 ft
Bedroom 2:Main Floor12 × 12 ft
Living Room:Main Floor12 × 13 ft
Bedroom 3:Basement11 × 12 ft
Other:Main Floor12 × 14 ft
Other:Main Floor7 × 12 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 16, 2026List Date
$145,000List Price

Home Appraisal

This property is estimated to sell between: $112,000 and $162,000.
Similar properties in this area sold on average for: $112,057
Expected to sell in 30 days. Similar properties sold in 30 days. This home has been on eXp Realty for 0 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
2205 Hendricks St, Anderson, IN

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