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616 Vermillion Ct, Anderson, IN, 46012

3beds
2baths
1,843sqft
$260,000
$141price/sqft
$1,920/moest. monthly cost
$76,800/yrincome needed

About This Home

Come experience the perfect blend of durability and potential in this meticulously maintained brick ranch! This home offers the ultimate peace of mind with a newer roof and HVAC system, allowing you to focus on the fun part: making it your own! Inside, you'll find gleaming hardwood floors in some of the rooms, a newly remodeled bathroom, and "great bones" just waiting for your personal touch! You will not run out of closet space, as every corner of the home was purposefully designed to be utilized for storage. The expansive backyard provides a serene escape with lots of room for gardening and outdoor activities, yet you are never far from the action-local amenities, shopping, and dining are all located less than 10 minutes away. Bring your vision and move right into a home that has been loved for years!

Getting Around

18
WalkingCar-Dependent
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

3/10
5/10
Highland Jr High SchoolGrades 7-82.1 mi
3/10
Anderson High SchoolGrades 9-125.8 mi

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Crawl Space
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Gas Water Heater,Exhaust Fan,Oven,Water Softener Rented

Bedroom2

  • Level: Main
  • Area: 255
  • Dimensions: 15 x 17

Bedroom3

  • Level: Main
  • Area: 120
  • Dimensions: 10 x 12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 168
  • Dimensions: 12 x 14

Features

  • Attic Pull Down Stairs,Entrance Foyer,Ceiling Fan(s),Hardwood Floors,Eat-in Kitchen,Smart Thermostat,Supplemental Storage
  • Window features: Wood Work Stained
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Attic: Pull Down Stairs

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,843
  • Total interior livable area: 1,843 sqft

Kitchen

  • Level: Main
  • Area: 80
  • Dimensions: 8 x 10

Living Room

  • Level: Main
  • Area: 360
  • Dimensions: 15 x 24

Master Bedroom

  • Level: Main
  • Area: 224
  • Dimensions: 14 x 16

Property

Details

  • Parcel number: 480731200062000029
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.69 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,314$15,768
Home Insurance *$202$2,424
Property Taxes $220$2,640
Electricity $184$2,212
Total$1,920$23,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,828/yr
40% on housing$57,600/yr
45% on housing$51,200/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$141This listing

vs Other Active Listings

Avg $/sqft

ZIP 46012$75
Madison County$95

vs Homes Sold Last Month

Median $/sqft

ZIP 46012$108
Madison County$120

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-06Price change$260,000
2026-06-08Listed for sale$265,000
2026-05-10Listing removed$279,000
2026-04-11Price change$279,000
2026-03-09Listed for sale$279,900
2026-03-06Listing removed--
2026-02-17Price change$298,000
2026-01-21Listed for sale$300,000

For Sale by Agent

AgentShelby Scott
BrokerageRE/MAX Advanced Realty

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