Sheldon Barnes
For Sale — 1520 Noble Street, Anderson, IN 460161520 Noble Street
Anderson, Indiana 46016
Orr & Mcclures Avenue
$130,000
Schedule a Showing3
Beds
2
Baths
1,583
Sq Ft
1891
Year Built
0.15
Acres
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Sheldon Barnes can help you tour 1520 Noble Street
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Anderson, Indiana and the rest of Hamilton County. Book a private tour of 1520 Noble Street in Orr & Mcclures Avenue, ask any question about this home, or talk through what you should know about buying in Anderson.
ABOUT THIS HOME
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.
Key things to know
- Tenant-occupied with established payment history
- New roof (2021), furnace (2023), flooring and appliances (2021)
- In-unit laundry
- Potential 4th bedroom conversion in mudroom
- Assumable 3.5% mortgage
Browse by room
10 rooms · 18 photos
Monthly payment
Estimate · $130,000
$806/mo
≈ $692 principal & interest · $114 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $26,000 on a loan of $104,000.
Price history
- Listedat $130,000
Mar 13, 2026
Recent comparable sales
$125,000
811 E 21st Street
3bd · 2ba · 1,522 sqft
Sold May 2026
$50,000
2907 Columbus Avenue
4bd · 2ba · 1,534 sqft
Sold May 2026
$205,000
1008 Malibu Drive
3bd · 2ba · 1,769 sqft
Sold Apr 2026
$50,000
1915 Lincoln Street
4bd · 1ba · 1,922 sqft
Sold Apr 2026
$125,000
1120 W 9th Street
3bd · 1ba · 1,824 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 4.0% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$130,000Listed· Mar 13, 2026
22 days on market
Layout
Schools
Anderson Community School Corp
Neighborhood
- Hamilton Town Center17.0 mi
- Hamilton Southeastern HS17.9 mi
- Conner Prairie19.9 mi
- Fishers High School20.1 mi
- IU Health North Hospital23.2 mi
- Westfield High School24.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,583 sq ft
Year Built
1891
Stories
Two
Subdivision
Orr & Mcclures Avenue
Bedrooms
3
Bathrooms
2 full
Garage
1 spaces
School District
Anderson Community School Corp