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409 W 7th St, Anderson, IN, 46016

5beds
3baths
3,598sqft
$225,000
$63price/sqft
$2,184/moest. monthly cost
$87,360/yrincome needed

About This Home

Welcome to this beautiful home conveniently located near restaurants, stores and downtown. This house comes with 4 bedrooms and 2/1 bathrooms and a nice backyard fence all around. The main level features a spacious great room that flows seamlessly into the kitchen and dining area, creating a comfortable gathering space for family and friends. The outside, enjoy a manageable yard with room for pets, play, gardening, or relaxing evenings outdoors. The attached 2-car garage offers additional storage and convenience. Schedule your private showing today and discover everything this home has to offer.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

3/10
5/10
Highland Jr High SchoolGrades 7-83.5 mi
3/10
Anderson High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Block
  • Construction materials: Aluminum Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Electric Oven,Refrigerator,Washer,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Partial,Finished Walls

Bedroom2

  • Level: Upper
  • Area: 100
  • Dimensions: 10x10

Bedroom3

  • Level: Main
  • Area: 100
  • Dimensions: 10x10

Bedroom4

  • Level: Upper
  • Area: 100
  • Dimensions: 10x10

Bedroom5

  • Level: Upper
  • Area: 100
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Features

  • Attic Stairway
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Attic: Permanent Stairs
  • Finished area below ground: 536

Heating & Cooling

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

Interior Area

  • Total structure area: 3,598
  • Total interior livable area: 3,598 sqft

Kitchen

  • Level: Main
  • Area: 192
  • Dimensions: 12x16

Master Bedroom

  • Level: Upper
  • Area: 156
  • Dimensions: 12x13

Property

Details

  • Parcel number: 481112304039000003
  • Horse amenities: None

Features

  • Levels: Multi/Split

Lot

  • Lot size: 7,840 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached
  • 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

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
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 $1,137$13,644
Home Insurance *$314$3,768
Property Taxes $404$4,848
Electricity $329$3,957
Total$2,184$26,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$74,880/yr
40% on housing$65,520/yr
45% on housing$58,240/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

$63This listing

vs Other Active Listings

Avg $/sqft

ZIP 46016$47
Madison County$95

vs Homes Sold Last Month

Median $/sqft

ZIP 46016$55
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)

No zestimate history available

Price History

DateEventPrice
2026-08-04Pending sale$225,000
2026-07-28Listed for sale$225,000
2025-01-31Listing removed$220,000
2025-01-30Listed for sale$220,000
2024-11-05Listing removed$220,000
2024-10-28Price change$220,000
2024-08-05Listed for sale$240,000
2024-07-27Listing removed--
2024-05-17Listed for sale$240,000
2024-04-25Pending sale$240,000
2024-01-10Price change$240,000
2023-11-27Listed for sale$245,000
2023-02-04Listing removed--
2022-10-03Listed for sale$275,000
2021-03-24Listing removed--
2017-12-21Sold$8,500
2017-12-09Price change$14,900
2017-12-02Listed for sale$19,900
2016-01-05Sold$2,161

For Sale by Agent

AgentRoberto Mejia
BrokerageF.C. Tucker Company

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