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3151 W 18th St, Anderson, IN, 46011

2beds
1baths
832sqft
$130,000
$156price/sqft
$1,021/moest. monthly cost
$40,840/yrincome needed

About This Home

Investors Welcome! This tenant occupied 2 bedroom, 1 bath home in Madison county offers immediate rental income and strong investment potential. Home is located just off SR 32 in the Edgewood area in a quiet little neighborhood, convenient to Lapel and Noblesville. Add this cash flowing property to your portfolio today!

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

2/10
5/10
Highland Jr High SchoolGrades 7-85.8 mi
3/10
Anderson High SchoolGrades 9-123.0 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1953

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Gas Water Heater,Electric Oven,Refrigerator,Washer
  • Laundry features: Main Level

Bedroom2

  • Level: Main
  • Area: 99
  • Dimensions: 11x9

Bedrooms & Bathrooms

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

Features

  • Attic Access,Ceiling Fan(s),High Speed Internet,Eat-in Kitchen
  • Attic: Access Only

Heating & Cooling

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

Interior Area

  • Total structure area: 832
  • Total interior livable area: 832 sqft

Kitchen

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Living Room

  • Level: Main
  • Area: 238
  • Dimensions: 14x17

Master Bedroom

  • Level: Main
  • Area: 117
  • Dimensions: 13x9

Property

Accessibility

  • Accessibility features: Accessible Entrance,Handicap Accessible Interior

Details

  • Parcel number: 481115302055000003
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Exterior features: Storage

Lot

  • Lot size: 0.29 Acres
  • Features: Access,City Lot

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $657$7,884
Home Insurance *$91$1,092
Property Taxes $89$1,068
Electricity $184$2,212
Total$1,021$12,252
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$35,005/yr
40% on housing$30,630/yr
45% on housing$27,226/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

$156This listing

vs Other Active Listings

Avg $/sqft

ZIP 46011$99
Madison County$95

vs Homes Sold Last Month

Median $/sqft

ZIP 46011$111
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
2026-08-11Pending sale$130,000
2026-06-22Listed for sale$130,000
2026-01-14Listing removed$1,225
2025-11-14Listed for rent$1,225
2024-03-23Listing removed--
2024-02-13Listed for rent$1,150
2024-01-29Sold$105,000
2024-01-17Pending sale$110,000
2024-01-07Listed for sale$110,000

For Sale by Agent

AgentEdwin Watson
BrokerageTriple E Realty, LLC

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