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1605 Hill St, Anderson, IN, 46012

2beds
1baths
1,944sqft
$69,790
$36price/sqft
$707/moest. monthly cost
$28,280/yrincome needed

About This Home

Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

3/10
5/10
Highland Jr High SchoolGrades 7-82.4 mi
3/10
Anderson High SchoolGrades 9-124.5 mi

Construction

Condition

  • Year built: 1945

Materials

  • Foundation: Block
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: None,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Level: Upper
  • Area: 88
  • Dimensions: 11x08

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main
  • Area: 88
  • Dimensions: 11xc08

Features

  • Attic Access
  • Attic: Access Only
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,944
  • Total interior livable area: 1,944 sqft

Kitchen

  • Level: Main
  • Area: 77
  • Dimensions: 11x07

Living Room

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Master Bedroom

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Property

Details

  • Parcel number: 481101104165000003
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 6,969 sqft

Parking

  • Parking features: None

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 $352$4,224
Home Insurance *$54$648
Property Taxes $117$1,404
Electricity $184$2,212
Total$707$8,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$24,240/yr
40% on housing$21,210/yr
45% on housing$18,853/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

$36This listing

vs Other Active Listings

Avg $/sqft

ZIP 46012$78
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)

No zestimate history available

Price History

DateEventPrice
2026-05-04Listed for sale$79,900
2021-12-10Sold$47,500
2021-11-14Pending sale$49,900
2021-11-13Listed for sale$49,900

For Sale by Agent

AgentBen Grise
BrokerageList With Ben, LLC

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