1720 W 24th ST, Anderson, IN 46016
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1720 W 24th ST, Anderson, IN 46016
1720 W 24th ST, Anderson, IN 46016
1720 W 24th ST, Anderson, IN 46016
1720 W 24th ST, Anderson, IN 46016
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Shannon Gilbert

Shannon Gilbert

+1(765) 532-6503
Listed by Peter Stewart • Keller Williams Indpls Metro N
$ 65,000
Est. payment /mo
Save
Active

1720 W 24th ST Anderson, IN 46016

2 Beds

1 Bath

1,629 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,629 sqft

Price per Sqft $39

Subdivision Pleasant Walk

MLS Listing ID 22083657

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1948

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

Property Description

Welcome to 1720 W 24th St, a turnkey, tenant-occupied investment opportunity located just southwest of downtown Anderson. This durable concrete block ranch sits on a manageable corner lot fully enclosed by a chain-link fence and offers strong rental fundamentals from day one. The current lease runs from 5/1/26 through 4/30/27 at $900/month, which hits nearly a 1.4 rent-to-price ratio and provides immediate cash flow for the next owner. The tenant is responsible for all lawn maintenance and utilities, and the property is professionally managed by Midwest Property Management, making this a truly hands-off addition to your portfolio. The home features 1,086 sq ft with 2 bedrooms, 1 full bath, a split-bedroom layout, arched doorways, galley-style kitchen with ample cabinet space, side-by-side laundry hookups, central heat/air, a 588 sq ft unfinished basement with daylight windows, and a 1-car attached garage. The unique blue metal roof adds curb appeal and long-term durability, while the front deck and ramp provide easy accessibility. Located around the corner from Anderson Speedway and Jackson Park, and under 10 minutes from St. Vincent Hospital, Meadowbrook Golf Course, the casino, and horse track, this property is well positioned for continued rental demand. Property is sold as-is, price is firm, and no creative/seller financing or wholesalers will be considered.

Location

State IN

County Madison

Rooms

Basement Daylight, Unfinished

Main Level Bedrooms 2

Kitchen Kitchen Galley

Interior

Interior Features Attic Access

Heating Forced Air

Cooling Central Air

Fireplace Y

Appliance Electric Oven, Refrigerator

Exterior

Exterior Feature Exterior Handicap Accessible

Garage Spaces 1.0

Utilities Available Natural Gas Connected

View Y/N false

Building

Story One

Foundation Block

Water Public

Architectural Style Ranch

Structure Type Block

New Construction false

Schools

School District Anderson Community School Corp

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
Shannon Gilbert

Shannon Gilbert

Broker | License ID: 14037650

+1(765) 532-6503

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