2205 Hendricks Street Anderson, IN $ 145,000
2205 Hendricks Street
$ 145,000
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2205 Hendricks Street

Anderson, IN, 46016
$ 145,000
Bedrooms3 Baths1.0 Sq 2,254

Monthly Estimate*

$ 893

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Single Family Home for sale in Anderson, IN

for $145,000 with 3 bedrooms and 1 full bath. This 2,254 square foot home was built in 1900 on a lot size of 0.15.

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.

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Single Family Active

Price

$ 145,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,382

Style

Traditional

Lot Size

0.15

Year Built

1900

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22089473

Features
Interior
Interior Amenities Attic Access
Basement Unfinished
Total Fireplaces 0
Basement (Y/N) Y
Half Baths 0
Laundry Features In Unit
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 3
Total Baths 1
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General
Heating Forced Air Natural Gas
Cooling Central Air
Possession Closing
Appliances Dishwasher Electric Water Heater Microwave Electric Oven Refrigerator
Garage Spaces 1
Architectural Style Traditional
Construction Materials Vinyl With Stone
Year Built 1900
Township Anderson
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Madison
New Construction N
Property Type Residential
HOA N
Subdivision Name Woodlawn W Add
Garage Y/N N
Total Rooms 2
Full Baths 1
Status Active
Directions From Scatterfield go west on W 38th st north on S Madison St and east on w 22nd st.
High School Anderson High School
City Anderson
High School District Anderson Community School Corp
MLS Area 4810 - Madison - Anderson NW
Lot Size Square Feet 6700
Property Attached Y/N N
Current Financing Conventional FHA VA
Standard Status Active
Tax Lot 291
Legal Description Woodlawn & 1/2 Vac Alley 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
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Exterior
Parking Features Attached
Water Source Public
Foundation Details Block
Building Area Total 2254
Lot Size Acres 0.15
Other Equipment Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
Inspired Realty

Broker

ab.inspiredinvestments@gmail.com

Email

Affordability Calculator

$1,008
Per Month
89%
11%
0%
Monthly Principal & Interest
$893
Monthly Property Taxes
$115
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
4045006 Middle School
Anderson High School High School
Pricing History
DatePricePrice ChangeDescription
3/16/2026$145,000 Listed Price

Map


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2205 Hendricks Street, Anderson, IN, 46016 is a Single Family Home for sale at $145,000 with 2,254 sqft and a lot size of 0.15. 2205 Hendricks Street has 3 bedrooms, 1.0 baths, and was built in 1900. The property's zip code is 46016 which is in Anderson, IN