240 E 500 N, Anderson, IN 46012
Property image
Property image
OFF MARKET

240 E 500 N
Anderson, IN 46012

  • 3 Beds
  • 2 Baths
  • 1,481 sqft (on 1.50 acres)

$315,200

Trulia Estimate
as of Jul 25, 2026
Est. Refi. Payment $1,862/mo*
Refinance Your Home

$315,200

Trulia Estimate
as of Jul 25, 2026
Est. Refi. Payment $1,862/mo*
Refinance Your Home
3 Beds
2 Baths
1,481 sqft
(on 1.50 acres)

Local Information

  • Map ViewExplore the area around 240 E 500 N.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1949
Lot Size
1.5 acres
Living Area
1,481 sqft
Price/Sqft
$213
Parking
4 Car Garage

About this House

Fall in love with the little bit of country this property provides! Sitting on 1.5 acres with 2 electric fenced pastures, it is ready for your hobby farm. The home has had many updates (too many to list! (See attachments) and offers 2 main level bedrooms including a primary with a full bath plus a finished attic bedroom. Newer roof, vinyl windows, HVAC 2 years old and brand-new water heater! Very nice open concrete patios in the front and back including a new path to the freshly remodeled 900 SF Studio apartment with its own garage and septic system! All of this PLUS an oversized 2 car detached garage with an overhead door to the heated workshop behind it. If that is not all there is an additional outbuilding as well. This truly is a rare find!
240 E 500 N, Anderson, IN 46012 is a 3 bedroom, 2 bathroom, 1,481 sqft single-family home built in 1949. It last sold for $287,500 on Feb 14, 2025 (4% below the $299,900 asking price). It is currently off market. The Trulia Estimate is $315,200, with a rent estimate of $1,422/month.

Home Details for 240 E 500 N

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1481 Square Feet
Appliances & Utilities
Appliances: Dryer, Gas Water Heater, Microwave, Refrigerator, Washer, Water Softener OwnedDryerLaundry: Connections AllMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Gas & Electric
Electric: 200+ Amp Service
Windows, Doors, Floors & Walls
Window: Windows Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: One and One Half

Exterior Features

Exterior Home Features
Patio / Porch: Covered, PatioOther Structures: OutbuildingFoundation: Crawl Space
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Other Parking: Garage Parking Other(Service Door)No CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Attached,Detached,Asphalt,Workshop in Garage
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 91

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 480718300036000029

Price & Status

Price
List Price: $299,900
Status Change & Dates
Off Market Date: Tue Jan 14 2025Possession Timing: Negotiable

Location

Direction & Address
City: AndersonCommunity: No Subdivision
School Information
Jr High / Middle School: Highland Middle SchoolHigh School: Anderson High SchoolHigh School District: Anderson Community School Corp

Building

Building Area
Building Area: 1481 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.5 Acres

Listing Info

Special Conditions: Sales Disclosure Supplements

Miscellaneous

Mls Number: 22006896
Last check for updates: about 1 hour ago
Listed by Jada Sparks Green
Carpenter, REALTORS®
Stephen Green, (317) 413-2837
Carpenter, REALTORS®
Bought with: Tina Coons, (765) 744-6493, RE/MAX Real Estate Groups
Source: MIBOR as distributed by MLS GRID, MLS#22006896

Price History for 240 E 500 N

DatePriceEventSource
02/14/2025$287,500Sold
MIBOR as distributed by MLS GRID #22006896
01/14/2025$299,900PendingMIBOR as distributed by MLS GRID #22006896
11/20/2024$299,900PriceChange
MIBOR as distributed by MLS GRID #22006896
11/07/2024$304,900PriceChange
MIBOR as distributed by MLS GRID #22006896
10/25/2024$310,000PriceChange
MIBOR as distributed by MLS GRID #22006896
10/17/2024$315,000Listed For SaleMIBOR as distributed by MLS GRID #22006896
05/22/2024ListingRemovedMIBOR as distributed by MLS GRID #21973373
05/15/2024$329,900PriceChange
MIBOR as distributed by MLS GRID #21973373
04/29/2024$334,900PriceChange
MIBOR as distributed by MLS GRID #21973373
04/15/2024$339,900PriceChange
MIBOR as distributed by MLS GRID #21973373
04/12/2024$359,900Listed For SaleMIBOR as distributed by MLS GRID #21973373
09/19/2008$79,900Sold
MIBOR as distributed by MLS GRID #2846044

Market trends in Anderson

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$149K
$4.5KMoM
Sale-to-List Price
98.3%
0.1%MoM
Price per sq ft
$107
$4MoM
Available listings
279
9MoM
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Property Tax and Assessment

Year2025
Tax$898
Assessment$114,800
Home facts updated by county records

Comparable Sales for 240 E 500 N

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4927 Alexandria Pike, Anderson, IN
0.10
Single-Family Home
$299,900
09/15/25
3
1.5
1,304
5016 N State Route 9, Anderson, IN
0.20
Single-Family Home
$210,000
03/05/26
3
2
1,648
5600 Alexandria Pike, Anderson, IN
0.57
Single-Family Home
$287,000
11/06/25
3
2
2,697
4469 Alexandria Pike, Anderson, IN
0.63
Single-Family Home
$349,900
06/12/26
3
2.5
1,820
120 Chitwood Dr, Anderson, IN
0.55
Single-Family Home
$210,000
06/12/26
3
2
1,476
102 Tanglewood Dr, Anderson, IN
0.62
Single-Family Home
$237,333
09/03/25
3
1.5
1,400
5749 N Teresa Dr, Alexandria, IN
0.73
Single-Family Home
$245,000
08/20/25
3
2
1,676
5542 N Olivia Dr, Alexandria, IN
0.58
Single-Family Home
$272,500
08/14/25
4
2
1,990
5939 N Heritage Ln, Alexandria, IN
0.97
Single-Family Home
$238,750
06/12/26
2
1.5
1,584
111 Chitwood Dr, Anderson, IN
0.56
Single-Family Home
$135,000
11/21/25
3
2
1,380

Nearby homes

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Assigned Schools

These are the assigned schools for 240 E 500 N.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Anderson

At least 376 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 83 % Say yards are well-kept

  • 82 % Say parking is easy

  • 71 % Say there's holiday spirit

  • 66 % Say it's dog friendly

  • 62 % Say kids play outside

  • 61 % Say there are sidewalks

  • 50 % Say neighbors are friendly

  • 44 % Say streets are well-lit

  • 44 % Say there's wildlife

  • 42 % Say they plan to stay for at least 5 years

  • 42 % Say people would walk alone at night

  • 41 % Say it's quiet

  • 29 % Say it's walkable to restaurants

  • 29 % Say it's walkable to grocery stores

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Having a good time "
    0
    Flag
  • Cameron barth
    "We live in a very nice area of town there are some not so nice areas of town there a nice parks in are area "
    0
    Flag
  • Allstardevontay
    "Anderson is a very very little town but has potential to be somthing way bigger. It’s not what it used to be to be. "
    1
    Flag
  • Vg4pvvc7zy
    "It’s calm and very quiet. Nothing much to really worry about , neighbors are great and very polite. "
    0
    Flag
  • Allison Cage
    "Do not move to Anderson. Gun shots, pedestrians getting bit, sliced tires and robbery. This is a terrible place to live. "
    1
    Flag
  • 5mmr8rmk47
    "A fenced in space for dogs to run/play freely. Dog park! An updated play ground for the kids to play. "
    0
    Flag
  • Sw200972
    "This city can be a great place to raise your children! Very family oriented not a lot for the youth to do unless you put them in sports."
    0
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  • Monicam711
    "It’s a quiet dead end road. It’s very peaceful and even though it’s off the busiest street through Anderson. It is a little quiet piece of paradise."
    1
    Flag
  • Emiliomanuel6
    "I have live here 3 years now and I have not have no issues and I do own a shop and work is good but dose get slow "
    5
    Flag
  • Aprilsshop.ah
    "I commute by car to work everyday to Indianapolis. The drive is about 40 minutes and not too bad.I use the time to think about my day."
    0
    Flag
  • Aprilsshop.ah
    "My neighborhood is very friendly. The neighbors all help each other out and know each other by name. The horses are way cheaper than Indy and the Connie isn’t bad. "
    1
    Flag
  • Aprilsshop.ah
    "My neighbors are fabulous people. I really like it here.i also love the old houses. I also think that the neighborhood I is improving. Plus the house’s are cheaper here."
    1
    Flag
  • Trulia User
    "no one is friendly with dogs. even when they know your dog, or know who the dog belongs to, they call the police to pick them up instead of telling you they seen them loose. "
    2
    Flag
  • Trulia User
    "about there surroundings and who they live by and whats going on. Also the crime rate and if there are predators near by and what the police presence and response time is."
    5
    Flag
  • Trulia User
    "There's a good, safe park, down 38th St., Nice and a playground for the children, a basketball court, I mean I really like the park, I take my grandkids. And there's a fruit/vegetable Market on Main St, between 38th and 53rd St. I'm a happy mom and grandma. "
    1
    Flag
  • Trulia User
    "very secure living for all ages and all people and pets safety environments for all ages and pets and not only children "
    0
    Flag
  • Kay
    "I've lived in Anderson for awhile and it's fine. Some streets do have potholes but they are fixing them up."
    3
    Flag
  • Zeeket30.ab
    "There isnt a good area to walk your dog without worrying about cars. There are many dogs in the neighborhood, both well controlled and not."
    0
    Flag
  • Kierra T.
    "Large field for them to romp around in. Most dogs we’ve encountered have been well behaved and well cared for."
    0
    Flag
  • Kathy H.
    "These people are miserable, uneducated, over 70% of the school pop is on Public Assistances. Nothing but a bunch of rentals unless you build in the county or city limits edge. No Mall, nothing but that good old buddy system in leadership."
    0
    Flag
  • Brandy K.
    "Public transit is very limited. You gotta be gangster to not have packages stolen. Area over run with dope fiends. Get a security system for sure. "
    17
    Flag
  • Madi H.
    "The roads are terrible and are always full of potholes but it’s decently close to the interstate I guess"
    6
    Flag
  • Lisa R. C.
    "Just depends on which side of town you live. North or East is best. Church groups provide community gatherings and there are neighborhood rummage sales. But this isn’t Mayberry folks!"
    7
    Flag
  • Cierra P.
    "the local church has a food bank to help out low income families. There are also laundry resources and the place I work at helps place people at a good job."
    4
    Flag
  • Lynda3330
    "Parks, parades, dining, social gatherings, 4 golf crs. It’s a very very nice place to live. Close to Fishers"
    0
    Flag
  • Lynda3330
    "Our family moved into this neighborhood three years ago. I feel completely safe. Neighbors are friendly. Most of the guys in our neighborhood get together once a month to play cards. Everyone looks out for each other and in times of need all pitch in to help each other."
    0
    Flag
  • Rachel B.
    "Too much crime and drugs. Car windows shot out. The smell from the water treatment plant is enough to make you sick! "
    0
    Flag
  • Cbarloe
    "Great neighbors, parents look after their children. Just a great neighborhood. People take care of their property. Thank you. "
    5
    Flag
  • Keyshawnkeyshawn
    "Close to school good neighbor hood I like it for the most part no problems could be better but same issues as anywhere else "
    0
    Flag
  • Stephanie G.
    "I think it’s nice for the most part, but we do have a lot of cops which can kind of scare some people "
    4
    Flag
  • Arw0926
    "Not any dog parks! They should make a few dog parks in this area!They might like all the sidewalks. They might like all the stores that sell dog treats and everything for pets! There are also a lot of veterinarians in this area. Even 24 hour emergency vets!"
    4
    Flag
  • Trulia User
    "Keep children away, used to be a safe place... but not do much anymore! No parks, no schools, no recreational activities. Only thing for kids to do is get in trouble! SAD!!!"
    10
    Flag
  • Kaylaramseyer
    "I wouldn't move my family back to there if my life depended on it. It is running rampant with drugs. The schools are absolutely terrible. We drove out of district because of how bad they are. "
    4
    Flag
  • Kaylaramseyer
    "I have lived in different parts of Anderson trying to find a comfortable area and haven't found it. cost of living is cheap. The schools are terrible we send our kids to Pendleton schools because they are so bad."
    3
    Flag
  • Jafunkhouser
    "This town as well as many others in Central Indiana have fell bye the wayside! The drugs, theft, and break ins are worse every year"
    3
    Flag
  • Mrs. L. M.
    "Good place to live. I have raised 2 children here and they have thrived. People are friendly and neighbors want to help each other."
    1
    Flag
  • Rachel B.
    "There is a dog park on 8th and dewy, it is part of all. But surrounding neighborhoods aren’t that great. More likely to find away to take your pet as theirs. Usually if you mind your own and don’t make waves it’s alright."
    1
    Flag
  • Farisandco
    "Everyone in my immediate area of Van Buskirk Heights are terrific neighbors, as well as people. They are also loving pet people. You could not find neighbors any better in any community in the Country."
    1
    Flag
  • nope
    "Super unsafe in almost every area. I witnessed lots of Crime in what I initially thought were good parts of town. "
    1
    Flag
  • Rachel B.
    "We have none. Their have been block parties but the get shot up. Anderson City does alright stuff, but nothing special or significant. The pow wow is the same every year. The fireworks are something to see with the parade but that’s about it."
    1
    Flag

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Apartments for Rent

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Homes for sale near 240 E 500 N

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Off Market Homes Near 240 E 500 N

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Based on information submitted to the MLS GRID as of 2026-07-25 05:48:10 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Some IDX listings have been excluded from this website. Click here for more information