1520 Noble Street, Anderson, IN 46016
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1520 Noble Street,Anderson, IN 46016
$130,000
- 3 Beds
- 2 Baths
- 1,583 sq. ft.
- Single family
- Active
Listed by: alyssa burton
Office: inspired realty
MLS#:22089095
Source:IN_MIBOR
Price summary
- Price:$130,000
- Price per sq. ft.:$59.66
About this home
Investor opportunity! This tenant-occupied 3-bedroom, 2-bath home is currently rented for $1,467/month, with the tenant responsible for all utilities and lawn care, creating a low-maintenance investment from day one. The property has a long-term tenant in place with an established history of timely payments. Several key updates have already been completed, including a new roof (2021), new flooring and appliances (2021), and a new furnace (2023), helping minimize near-term capital expenses. The home offers a functional layout with in-unit laundry provided for the tenant and includes a mudroom that could potentially be converted into a 4th bedroom, creating additional value-add potential for investors. Exterior features include an attached garage, spacious backyard, and welcoming front porch. The entire street on Noble St was recently repaved by the city, providing a smooth and attractive drive-up to the property. At the $130,000 list price, the property meets the sought-after 1% rule, making it a strong addition to an investor's portfolio. Existing mortgage with approximately a 3.5% interest rate may be assumable for qualified buyers, offering a potential financing advantage in today's rate environment. Stable income, recent updates, and future upside potential. Please do not disturb tenant....
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Home facts
- Year built:1891
- Listing ID #:22089095
- Added:104 day(s) ago
- Updated:June 26, 2026 at 02:58 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Dining Description:Dining Combo/Kitchen, Formal Dining Room
- Kitchen Description:Microwave, Refrigerator
- Basement:Yes
- Basement Description:Basement, Ceiling - 9+ feet
- Living area:1,583 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1891
- Building area:1,583 sq. ft.
- Lot area:0.15 Acres
- Construction Materials:Vinyl Siding
- Foundation Description:Block
Utilities
- Water:Public Water
Finances and disclosures
- Price:$130,000
- Price per sq. ft.:$59.66
Features and amenities
- Appliances:Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Ceiling Vaulted
Parking
- Garage:Yes
- Garage spaces:1
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