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Street View
$65,000
Monthly Est:$324
2 Beds
1 Bath1 full bath
1,295sqft
1502 Cedar St, Anderson, IN 46016
$65,000
$324/moEst:
Get Pre-Approved
Single Family Residence
Built in 1929
$-- HOA
6,350 sqft lot
$50/sq.ft
Description
Investor opportunity at $65,000. 1502 Cedar St in Anderson is a 2 bed, 1 bath single-family home with 1,104 sq ft on the main floor plus a 563 sq ft unfinished basement, on a level 0.15-acre lot with a covered front porch and a 120 sq ft detached storage shed. It's currently rented at $825/month on a lease through April 27, 2027, which clears the 1% rule at this price. Property taxes run about $491 a year, so holding costs stay low. The lease also gives a buyer options. The lease terms allow it to be ended with 60 days' written notice if the property is sold. You can keep the tenant in place and collect rent from the day you close, or give notice and take the home back to renovate, re-lease at a new rate, or move in yourself. If you keep the tenant, you can renew or adjust rent when the lease ends in April 2027. Close to Anderson University, the Paramount Theatre, Mounds State Park, Anderson Speedway, and Harrah's Hoosier Park. Seller financing possible with at least 20% down.
- Houzeo last checked: 2 minutes ago
- Listing updated: November 10, 2026 at 10:14 pm
- Listing Provided by: John-Thomas Bell | Plum Tree Realty (513) 378-4663
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID | MLS#: 22135044
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1929
HOA Fees
-
Finished Area
1,295 sqft
Lot Size
6,350 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22135044
MLS Status
Active
Days on Market
2
Cumulative Days on Market
2
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: 1
Master Bedroom
Level: Main
Area: 182.00 Square Feet
Dimensions: 14x13
Bedroom 2
Level: Main
Area: 143.00 Square Feet
Dimensions: 13x11
Kitchen
Level: Main
Area: 210.00 Square Feet
Dimensions: 15x14
Living Room
Level: Main
Area: 208.00 Square Feet
Dimensions: 16x13
Bonus Room
Level: Main
Area: 143.00 Square Feet
Dimensions: 13x11
Interior
Heating
Forced Air
Appliances
Microwave, Electric Oven, Washer, Refrigerator, Dryer
Cooling
Window Unit(s)
Interior Features
Attic Access, Hi Speed Internet Availbl
Construction
Year Built
Year Built: 1929
Home type
Single Family Residence
Construction Materials
Wood Siding
Foundation Details
Block
Architectural Style
Bungalow
Utilities & Energy
Laundry Features
Laundry Room
Water Source
Public
Security Features
Smoke Detector(s)
Other Features
Subdivision Name
Hazelwood
Price History
| Date | Event | Price |
|---|---|---|
11/09/2026 Source: | Listed for Sale | $65,000 -13.33% $50/sqft |
01/07/2026 Source: | Listing Removed | $75,000 $58/sqft |
12/17/2025 Source: | Listed for Sale | $75,000 $58/sqft |
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Based on information from MIBOR REALTOR® Association through Nov 11, 2026, 08:45AM as submitted to and distributed by MLS GRID. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
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