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1410 Walton St, Anderson, IN, 46016

2beds
1baths
784sqft
$34,900
$45price/sqft
$466/moest. monthly cost
$18,640/yrincome needed

About This Home

Investor Alert! Don't miss this single-family home located near downtown Anderson. This property is a fixer and needs to be renovated and brought back to life so it can truly shine. This cute little bungalow sits on a good-sized lot and has 2 bedrooms, 1 bathroom, and nearly 800 sq ft of finished living space. Excellent location within a mile of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental via the BRRRR strategy, or a fix and flip, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is. Cash or hard/private money only due to condition.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

4/10
5/10
Highland Jr High SchoolGrades 7-84.7 mi
3/10
Anderson High SchoolGrades 9-122.6 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1929

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Water Heater,Gas Oven,Refrigerator

Bedroom2

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

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Attic Access,Eat-in Kitchen
  • Attic: Access Only

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 784
  • Total interior livable area: 784 sqft

Kitchen

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

Master Bedroom

  • Level: Main
  • Area: 196
  • Dimensions: 14x14

Property

Details

  • Parcel number: 481114203117000003
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered

Lot

  • Lot size: 5,662 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

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

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Inland Flooding
Strong Wind
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 $176$2,112
Home Insurance *$48$576
Property Taxes $58$696
Electricity $184$2,212
Total$466$5,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$15,977/yr
40% on housing$13,980/yr
45% on housing$12,426/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

$45This listing

vs Other Active Listings

Avg $/sqft

ZIP 46016$48
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
2026-04-30Price change$38,900
2026-03-30Listed for sale$40,000
2026-02-24Pending sale$40,000
2025-12-08Listed for sale$40,000
2024-04-19Listing removed--
2024-03-21Listed for rent$850
2022-09-22Listing removed--
2022-08-24Price change$44,000
2022-03-22Listed for sale$45,000
2007-11-11Sold$32,000

For Sale by Agent

AgentPeter Stewart
BrokerageKeller Williams Indpls Metro N

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