406 E 500 S, Anderson, IN 46013
OFF MARKET

406 E 500 S
Anderson, IN 46013

  • 3 Beds
  • 1 Bath
  • 1,080 sqft

$169,300

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $1,043/mo*
Refinance Your Home

$169,300

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $1,043/mo*
Refinance Your Home
3 Beds
1 Bath
1,080 sqft

Local Information

  • Map ViewExplore the area around 406 E 500 S.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Calling all investors and anyone looking to purchase a full rehab property and build instant equity! Situated on a quiet corner in South Madison school district, this property offers a blank slate to create your perfect home. A portion of the home is manufactured. The large living room adjoins to an oversized sunroom. Kitchen space is on the west end while the 3 beds, full bath, and laundry area are situated to the east. Home is in an estate and being sold AS-IS cash only.
406 E 500 S, Anderson, IN 46013 is a 3 bedroom, 1 bathroom, 1,080 sqft single-family home built in 1987. It last sold for $60,000 on May 17, 2024 (2% above the $59,025 asking price). It is currently off market. The Trulia Estimate is $169,300, with a rent estimate of $1,307/month.

Home Highlights

Parking
2 Car Garage
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 406 E 500 S

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room, Sun Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1080 Square Feet
Appliances & Utilities
Utilities: Sewer ConnectedAppliances: None
Heating & Cooling
No CoolingAir Conditioning: NoneNo Heating
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Other Structures: Barn StorageFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 2

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Modular,Ranch
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Condition: FixerParcel Number: 481306300042000001

Price & Status

Price
List Price: $59,025
Status Change & Dates
Off Market Date: Wed May 08 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: AndersonCommunity: Baby Farms
School Information
High School District: South Madison Com Sch Corp

Building

Building Area
Building Area: 1080 Square Feet

HOA

No HOA

Lot Information

Lot Area: 10018.8 sqft

Listing Info

Special Conditions: As Is, Cosmetics Needed, Defects/See Remarks, Estate, Fixer Upper, Sales Disclosure Not Required

Miscellaneous

Mls Number: 21968893
Last check for updates: about 11 hours ago
Listed by Andrea Williams-Campbell
F.C. Tucker/Prosperity
Bought with: Andrea Williams-Campbell, F.C. Tucker/Prosperity
Source: MIBOR as distributed by MLS GRID, MLS#21968893

Price History for 406 E 500 S

DatePriceEventSource
05/17/2024$60,000Sold
MIBOR as distributed by MLS GRID #21968893
05/08/2024$59,025PendingMIBOR as distributed by MLS GRID #21968893
05/07/2024$59,025Listed For SaleMIBOR as distributed by MLS GRID #21968893
06/08/2011$57,500ListingRemovedAgent Provided
05/27/2011$57,500Listed For SaleAgent Provided
05/11/2011$45,000Sold
MIBOR as distributed by MLS GRID #21109977
02/05/2011$69,900ListingRemovedAgent Provided
09/02/2010$69,900Listed For SaleAgent Provided

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$202
Assessment$54,900
Home facts updated by county records

Comparable Sales for 406 E 500 S

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
162 W 500 S, Anderson, IN
0.58
Single-Family Home
$195,000
06/11/26
3
2
1,356
149 E 75th St, Anderson, IN
0.55
Single-Family Home
$264,900
06/25/26
3
2
1,588
257 E 75th St, Anderson, IN
0.45
Single-Family Home
$280,000
06/18/26
3
1.5
1,684
5092 S 50 W, Anderson, IN
0.65
Single-Family Home
$225,000
08/04/25
3
1
1,316
244 E 75th St, Anderson, IN
0.42
Single-Family Home
$240,000
06/01/26
3
1.5
1,552
364 E 500 S, Anderson, IN
0.04
Single-Family Home
$275,000
09/26/25
4
1.5
3,019
311 Fall Creek Dr, Anderson, IN
1.08
Single-Family Home
$212,500
03/30/26
3
1
1,056
5 Estate St, Anderson, IN
0.73
Single-Family Home
$248,000
03/06/26
3
1.5
1,451

Nearby homes

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Assigned Schools

These are the assigned schools for 406 E 500 S.
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.
  • 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. "
    0
    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
    Flag
  • 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
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  • 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
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  • 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
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  • 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
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  • 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
  • Pappylow26
    "we decorate for all the holidays and have seasonal festivities where we all gather together.we have bbqs and get together with families to celebrate different special occasions. "
    0
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Apartments for Rent

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Homes for sale near 406 E 500 S

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Off Market Homes Near 406 E 500 S

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Based on information submitted to the MLS GRID as of 2026-07-13 15:48:00 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