1520 Noble ST, Anderson, IN 46016
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1520 Noble ST, Anderson, IN 46016
1520 Noble ST, Anderson, IN 46016
1520 Noble ST, Anderson, IN 46016
1520 Noble ST, Anderson, IN 46016
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Jeff Landers

Jeff Landers

+1(317) 750-9767
Listed by Alyssa Burton • Inspired Realty
$ 130,000
Est. payment /mo
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Active

1520 Noble ST Anderson, IN 46016

3 Beds

2 Baths

2,179 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,179 sqft

Price per Sqft $59

Subdivision Orr & Mcclures Avenue

MLS Listing ID 22089095

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1891

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Single Family Residence

Property Description

Investor opportunity! This tenant-occupied 3-bedroom, 2-bath home is currently rented for $1,417/month (Increased to 1,467 July 2026), with the tenant responsible for all utilities and lawn care, creating a low-maintenance investment from day one. The property has a long-term tenant in place with an established history of timely payments. Several key updates have already been completed, including a new roof (2021), new flooring and appliances (2021), and a new furnace (2023), helping minimize near-term capital expenses. The home offers a functional layout with in-unit laundry provided for the tenant and includes a mudroom that could potentially be converted into a 4th bedroom, creating additional value-add potential for investors. Exterior features include an attached garage, spacious backyard, and welcoming front porch. The entire street on Noble St was recently repaved by the city, providing a smooth and attractive drive-up to the property. At the $130,000 list price, the property meets the sought-after 1% rule, making it a strong addition to an investor's portfolio. Existing mortgage with approximately a 3.5% interest rate may be assumable for qualified buyers, offering a potential financing advantage in today's rate environment. Stable income, recent updates, and future upside potential. Please do not disturb tenant.

Location

State IN

County Madison

Rooms

Basement Ceiling - 9+ feet

Main Level Bedrooms 1

Interior

Interior Features Ceiling Vaulted

Heating Forced Air, Natural Gas

Cooling Central Air

Equipment None

Fireplace Y

Appliance Other, Gas Water Heater, Microwave, Washer, Refrigerator, Dryer

Exterior

Garage Spaces 1.0

Building

Story Two

Foundation Block

Water Public

Architectural Style Traditional

Structure Type Vinyl Siding

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.

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Jeff Landers

Jeff Landers

Real Estate Advisor | License ID: RB14050540

+1(317) 750-9767

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Jeff Landers, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

I simply cannot recommend Jeff enough to anyone considering buying or selling a home. My experience with him selling my first house has confirmed in my mind that he is absolutely the best in the business. Not only is Jeff outstandingly professional, knowledgeable and experienced but he constantly and consistently went above and beyond for me during this process. His willingness to listen to me when I was panicking and calm me down and go to bat for me in difficult situations is something I am incredibly grateful for. I trust Jeff implicitly and was never steered wrong throughout the entire process. 5 stars is not enough to express my gratitude and stellar experience with Jeff.

RebeccaRoy0

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1520 Noble ST