Sheldon Barnes
For Sale — 1720 W 24th Street, Anderson, IN 460161720 W 24th Street
Anderson, Indiana 46016
Pleasant Walk
$65,000
Schedule a Showing2
Beds
1
Baths
1,086
Sq Ft
1948
Year Built
0.14
Acres
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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 1720 W 24th Street in Pleasant Walk, ask any question about this home, or talk through what you should know about buying in Anderson.
ABOUT THIS HOME
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.
Key things to know
- Blue metal roof with striking curb appeal
- Split-bedroom layout with privacy
- Recently updated flooring and paint
- 588 sq ft unfinished basement with daylight windows
- Laundry hookups and ample cabinet space
Monthly payment
Estimate · $65,000
$398/mo
≈ $346 principal & interest · $52 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $13,000 on a loan of $52,000.
Price history
- Listedat $65,000
Apr 5, 2026
Recent comparable sales
Comparative value
5 comps in this range
This home is 18% 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
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$65,000Listed· Apr 5, 2026
30 days on market
Layout
Schools
Anderson Community School Corp
Neighborhood
- Hamilton Town Center15.3 mi
- Hamilton Southeastern HS16.2 mi
- Conner Prairie18.2 mi
- Fishers High School18.4 mi
- IU Health North Hospital21.5 mi
- Westfield High School22.6 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,086 sq ft
Year Built
1948
Stories
One
Subdivision
Pleasant Walk
Bedrooms
2
Bathrooms
1 full
Garage
1 spaces
School District
Anderson Community School Corp