Sheldon Barnes
For Sale — 4406 S Madison Avenue, Anderson, IN 460134406 S Madison Avenue
Anderson, Indiana 46013
Del-mar Estates
$175,000
Schedule a Showing4
Beds
2
Baths
2,214
Sq Ft
1964
Year Built
0.22
Acres
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Sheldon Barnes can help you tour 4406 S Madison 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 4406 S Madison Avenue in Del-Mar Estates, ask any question about this home, or talk through what you should know about buying in Anderson.
ABOUT THIS HOME
Investment Opportunity located in Del-Mar Estates in Anderson, this well-maintained single-family brick ranch offers over 2,200 square feet of living space, featuring 4 bedrooms and 2 full bathrooms, along with an attached garage. Upon arrival, you're welcomed by a concrete driveway, a spacious front yard, and a quaint front porch. Inside, a generously sized living room is filled with natural light from a large front window, creating a warm and inviting atmosphere. Just steps away, the kitchen provides ample cabinetry and countertop space, ideal for storage and everyday meal preparation. Down the hall, you'll find three comfortable bedrooms and a full bathroom with a tub/shower combination. The finished basement expands the living space significantly, offering a fourth bedroom, an additional full bathroom, and a convenient utility and laundry area. The fully fenced backyard is perfect for outdoor enjoyment, complete with a patio area and storage shed. The attached garage also includes built-in shelving for added storage. Currently tenant-occupied with a lease in place through July 2027 at $1,550 per month, with tenants responsible for all utilities. This property presents a solid, turnkey investment opportunity and a great addition to any portfolio.
Key things to know
- Finished basement (1,107 sqft)
- Del-Mar Estates subdivision
Monthly payment
Estimate · $175,000
$1,191/mo
≈ $931 principal & interest · $260 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $35,000 on a loan of $140,000.
Price history
- Listedat $175,000
Mar 25, 2026
Recent comparable sales
$215,000
1905 E 47th Street
4bd · 2ba · 2,106 sqft
Sold May 2026
$250,000
1604 E 47th Street
3bd · 2ba · 2,071 sqft
Sold May 2026
$318,000
6427 Paramount Springs Drive
4bd · 3ba · 2,800 sqft
Sold Apr 2026
$269,900
10 E Estate Street
4bd · 3ba · 2,105 sqft
Sold Apr 2026
$170,000
2405 E 38th Street
3bd · 2ba · 1,752 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 30% below 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
$175,000Listed· Mar 25, 2026
32 days on market
Layout
Primary bath
Tub Full with Shower
Schools
Anderson Community School Corp
Neighborhood
- Hamilton Town Center15.2 mi
- Hamilton Southeastern HS16.1 mi
- Conner Prairie18.1 mi
- Fishers High School18.2 mi
- IU Health North Hospital21.4 mi
- Westfield High School23.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,214 sq ft
Year Built
1964
Stories
One
Subdivision
Del-mar Estates
Bedrooms
4
Bathrooms
2 full
Garage
1 spaces
School District
Anderson Community School Corp