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304 Andover Rd, Anderson, IN, 46013

1beds
1baths
496sqft
$75,000
$151price/sqft
$751/moest. monthly cost
$30,040/yrincome needed

About This Home

Tenant occupied rental property ready for a new owner. This property is an all-electric property. Lease in place until Oct 2026. Add a great property to your portfolio.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

2/10
5/10
Highland Jr High SchoolGrades 7-84.8 mi
3/10
Anderson High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1939

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Oven,Refrigerator

Bedrooms & Bathrooms

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

Features

  • Attic Access
  • Attic: Access Only

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 496
  • Total interior livable area: 496 sqft

Kitchen

  • Level: Main
  • Area: 72
  • Dimensions: 6x12

Living Room

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

Master Bedroom

  • Level: Main
  • Area: 169
  • Dimensions: 13x13

Property

Details

  • Parcel number: 481124301013000003
  • Special condition: As Is,Broker Owned
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 4,791 sqft

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 $379$4,548
Home Insurance *$61$732
Property Taxes $127$1,524
Electricity $184$2,212
Total$751$9,012
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$25,748/yr
40% on housing$22,530/yr
45% on housing$20,026/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

$151This listing

vs Other Active Listings

Avg $/sqft

ZIP 46013$66
Madison County$95

vs Homes Sold Last Month

Median $/sqft

ZIP 46013$121
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
2026-06-22Listed for sale$75,000
2025-11-26Listing removed$92,000
2025-07-07Price change$92,000
2025-06-19Price change$94,000
2025-04-20Price change$96,000
2025-03-07Price change$98,000
2025-01-10Listed for sale$99,000
2024-09-26Listing removed$84,900
2024-09-20Listing removed$785
2024-09-03Listed for sale$89,900
2024-07-30Listing removed--
2024-05-31Listed for rent$785
2024-03-05Listing removed--
2024-02-06Listed for rent$785
2023-12-11Listing removed--
2023-11-20Listed for rent$785
2022-06-08Sold$30,000
2022-05-27Pending sale$38,500
2022-05-12Listed for sale$38,500

For Sale by Agent

AgentMichelle McGuire
BrokerageGolden Rule Realty, LLC

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