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$200,000225 College Drive
For Sale68 days on market

225 College Drive

Anderson, Indiana 46012

Chestnut Park

4

Beds

2

Baths

3,028

Sq Ft

1961

Year Built

0.14

Acres

Sheldon Barnes, Carmel Realtor

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Sheldon Barnes can help you tour 225 College Drive

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 225 College Drive in Chestnut Park, ask any question about this home, or talk through what you should know about buying in Anderson.

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ABOUT THIS HOME

With a unique layout, and a mid century modern feel this property offers endless possibilities. A large footprint of 3,028 sq ft offers up to 4 bedrooms with 2 full bathrooms. This home also features a great location with walkability to down town Anderson as well as being in the immediate area of Anderson University. It is currently performing as an occupied investment property generating $1,400/mo in rental income with the tenant paying all utilities, and could possibly continue to do so.... or it might make your personal dream home! Come check it out!

Listed by Tim Hall· F.C. Tucker/Prosperity· MLS# 22078595

Key things to know

  • Mid-century modern architecture and layout
  • 3,028 sq ft on compact lot
  • Walkable to downtown anderson and anderson university
  • Currently generating $1,400/month rental income
  • 4 bedrooms, 2 full bathrooms

Monthly payment

Estimate · $200,000

$1,355/mo

$1,064 principal & interest · $291 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $40,000 on a loan of $160,000.

Price history

  1. Listedat $200,000

    Jan 6, 2026

Sold
4
Median price
$175,000
Median DOM
8 days

Comparative value

5 comps in this range

This home is 18% below median for similar nearby sales.

$165K$295KMedian $245K
$200K

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

Bath Sinks Double Main

Climate

Heat: ElectricHeat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

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

Price history

  • $200,000Listed· Jan 6, 2026

68 days on market

Layout

Main
4211 rooms3,028 sq ft

Schools

Anderson Community School Corp

  • Middle

    Highland Middle School

Neighborhood

  • Hamilton Town Center17.6 mi
  • Hamilton Southeastern HS18.5 mi
  • Conner Prairie20.5 mi
  • Fishers High School20.7 mi
  • IU Health North Hospital23.8 mi
  • Westfield High School24.7 mi

PROPERTY DETAILS

Combined data from the listing and Hamilton County records

Living Area

3,028 sq ft

Year Built

1961

Stories

One

Subdivision

Chestnut Park

Bedrooms

4

Bathrooms

2 full

Garage

1 spaces

School District

Anderson Community School Corp

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