321 S Madison Avenue Anderson, IN $ 49,999
321 S Madison Avenue
$ 49,999
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321 S Madison Avenue

Anderson, IN, 46016
$ 49,999
Bedrooms3 Baths1.0 Sq 2,076

Monthly Estimate*

$ 308

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Single Family Home for sale in Anderson, IN

for $49,999 with 3 bedrooms and 1 full bath. This 2,076 square foot home was built in 1904 on a lot size of 0.04.

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.

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Single Family Active

Price

$ 49,999

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,026

Style

Bungalow

Lot Size

0.04

Year Built

1904

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22070367

Features
Interior
Interior Amenities Attic Access Eat-in Kitchen
Total Fireplaces 2
Fireplace Features Two Sided
Basement (Y/N) Y
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 3
Total Baths 1
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General
Heating Natural Gas
Cooling None
Possession Closing Negotiable
Appliances None
Architectural Style Bungalow
Construction Materials Log Siding
Year Built 1904
Township Anderson
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Madison
New Construction N
Property Type Residential
Subdivision Name Evalyn
Garage Y/N N
Total Rooms 5
Full Baths 1
Status Active
Directions GPS Friendly
City Anderson
High School District Anderson Community School Corp
MLS Area 4810 - Madison - Anderson NW
Lot Size Square Feet 1728
Property Attached Y/N N
Current Financing Cash Only
Middle/Junior High School Highland Middle School
Standard Status Active
Tax Lot 214
Legal Description Evalyn Exc 7' W Sd N2 N2 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
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Exterior
Water Source Public
Foundation Details Block
Building Area Total 2076
Lot Size Acres 0.04
Horse Amenities None
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* Excluded Features
List By
Exp Realty, Llc

Broker

rafazrealtor@gmail.com

Email

Affordability Calculator

$393
Per Month
78%
22%
0%
Monthly Principal & Interest
$308
Monthly Property Taxes
$86
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044991 Elementary School
4490853 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$49,999 -10.72% Price Down
10/27/2025$56,000 Listed Price

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321 S Madison Avenue, Anderson, IN, 46016 is a Single Family Home for sale at $49,999 with 2,076 sqft and a lot size of 0.04. 321 S Madison Avenue has 3 bedrooms, 1.0 baths, and was built in 1904. The property's zip code is 46016 which is in Anderson, IN