HomeAboutServicesSearchAI ToursListingsMarket ActivityBlogContact
Sheldon Barnes, Carmel Realtor

Schedule a tour or ask a question

Sheldon Barnes can help you tour 1530 Ohio Avenue

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 1530 Ohio Avenue, ask any question about this home, or talk through what you should know about buying in Anderson.

Follow

ABOUT THIS HOME

Welcome to 1530 Ohio Ave in Anderson, IN-a tenant-occupied, turnkey investment property offering cash flow from day #1! This renovated 2-bedroom, 1-bath ranch features 940 sq. ft. plus an unfinished basement and is ideally located minutes from downtown, Anderson University, and under 10 minutes from Harrah's Hoosier Park & Casino. The current tenant is on a one-year lease through February 2027, paying $900/month, with utilities and lawn care paid by the tenant, keeping owner expenses low. Recent updates include fresh paint, new flooring, and upgraded PEX plumbing throughout. Inside, a spacious living room flows into a generously sized eat-in kitchen with pantry and laundry hookups, plus a welcoming three-season room at the front. Offered as-is, this low-maintenance property nearly hits the 2% rule at the asking price, making it a compelling addition to any rental portfolio. Solid location, stable tenancy, and immediate cash flow-this is an investor-ready opportunity you don't want to miss!

Listed by Peter Stewart· Keller Williams Indpls Metro N· MLS# 22052071
Pending201 days on market

$49,900

$69,900

2Beds
1Baths
940Sq Ft

Welcome to 1530 Ohio Ave in Anderson, IN-a tenant-occupied, turnkey investment property offering cash flow from day #1! This renovated 2-bedroom, 1-bath ranch features 940 sq. ft. plus an unfinished basement and is ideally located minutes from downtown, Anderson University, and under 10 minutes from...

Listed by Peter Stewart· Keller Williams Indpls Metro N· MLS# MBR22052071

940

Sq Ft

1934

Year Built

2

Bedrooms

1

Bathrooms

Key things to know

  • Basement

Price history

  1. PendingAccepted offer

    May 8, 2026

  2. Listedat $69,900

    Jul 28, 2025

Comparative value

5 comps in this range

This home is 27% below median for similar nearby sales.

$25K$150KMedian $68K
$50K

FEATURES & AMENITIES

Interior

Attic Pull Down StairsEat-in Kitchen

Climate

Heat: Forced AirHeat: ElectricCool: None

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $69,900Listed· Jul 28, 2025

201 days on market

Layout

Main
214 rooms940 sq ft

Schools

Anderson Community School Corp

    Neighborhood

    • Hamilton Town Center17.1 mi
    • Hamilton Southeastern HS18.0 mi
    • Conner Prairie20.0 mi
    • Fishers High School20.2 mi
    • IU Health North Hospital23.3 mi
    • Westfield High School24.4 mi

    PROPERTY DETAILS

    Living Area

    940 sq ft

    Year Built

    1934

    Stories

    One

    Subdivision

    No Subdivision

    Bedrooms

    2

    Bathrooms

    1 full

    School District

    Anderson Community School Corp

    Powered by Ackee.ai