1907 E Balsam Court
Anderson, IN, 46011 $ 259,900
Bedrooms3 Baths1.1 Sq 1,376 Monthly Estimate*
$ 1,600
for $259,900 with 3 bedrooms and 1 full bath, 1 half bath. This 1,376 square foot home was built in 1999 on a lot size of 0.22.
Imagine stepping into your bright, spacious 3-bedroom, 2-bath home each day knowing your tenant's rent check is covering most-or even all-of your mortgage payment. This side-by-side units is the ultimate house hacking opportunity: live comfortably in one impeccably maintained unit (over 900 sq ft of modern, two-story living) while renting out the identical mirror-image unit next door. With similar 3-bed units in Anderson currently renting for $1,200+/month and rents continuing to climb, many owners achieve near-zero housing costs, positive cash flow over time, and steady equity growth through Indiana's reliable property appreciation-all with very little cash out of pocket. The financial upside is hard to beat. You can qualify for owner-occupied financing like FHA (as low as 3.5% down) or VA (0% down for eligible buyers) because you'll occupy one side-making this far easier and more affordable to get into than a traditional investment property. Every month you build equity while the market appreciates, setting you up to refinance, scale, or sell for profit down the road. It's the perfect starter move for first-time buyers, young professionals, or anyone ready to stop throwing money away on rent. You'll enjoy your own private entrance, attached one-car garage for secure parking, a shared driveway with extra spots for guests or vehicles, and a large backyard that's ideal for barbecues, gardening, or simply unwinding. Nestled on a quiet, low-traffic street in the family-friendly Greenbrier Addition, the location couldn't be more convenient: steps from Edgewood Elementary, just minutes to Highland Junior High and Anderson High School, quick drives to groceries (Meijer, ALDI, Payless), local favorites like 1925 PubHouse and Cracker Barrel, and top healthcare at Community Hospital Anderson only 3 miles away. This isn't just a home - it's your smart, low-risk path to financial freedom and effortless living in a welcoming community. Your chance to live practically free whil
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FeaturesGeneralHeating Forced Air Natural Gas
Cooling Central Air
Utilities Cable Connected
Possession Negotiable
Appliances Disposal Electric Water Heater
Garage Spaces 1
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1999
Township Anderson
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County Madison
New Construction N
Property Type Residential
HOA N
Subdivision Name Greenbriar Park
Garage Y/N Y
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 9432
Property Attached Y/N Y
Current Financing Conventional FHA VA
Additional Parcels Y/N N
Standard Status Active
Tax Lot 0
Legal Description Greenbriar Park 0.0000Acres Str: 00000 Section: 10 Plat: 00 In: Out:
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ExteriorParking Features Attached
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 1376
Lot Size Acres 0.22
Other Equipment None
Horse Amenities None
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InteriorTotal Fireplaces 0
Basement (Y/N) N
Half Baths 1
Total Bedrooms 3
Main Level Bedrooms 1
Total Baths 2
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* Excluded FeaturesList ByRobert.Lappin@circle8.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,600
- Monthly Property Taxes
- $258
- 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.
Learn more about how to save NearbySingle family listings in Anderson, IN
Average List Price $214,583
Percent of Sale Price 17%
About Anderson, IN 55,687 Population
-8% Since 2002
$ 35,343 Median Income
38.12 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4044991 Elementary School
4045006 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/19/2026 | $259,900 | | Listed Price |