1720 W 24th Street, Anderson, IN 46016

• 2 beds |
• 1 bath |
• 1,086 sqft

Property Description

Welcome to 1720 W 24th St, a charming and durable concrete block ranch located just southwest of downtown Anderson. This move-in-ready home sits on a manageable corner lot, fully enclosed by a chain-link fence for added security. Whether you are an owner-occupant seeking an affordable starter home or an investor looking for a high-yield asset, this property delivers. Its unique blue metal roof provides striking curb appeal and long-term durability, while the front deck and ramp ensure easy accessibility. Inside, you'll find a spacious 1,086 sq ft floor plan featuring arched doorways that add a touch of character. The smart split-bedroom layout offers privacy, with a galley-style kitchen and full bath situated between the two bedrooms. The kitchen is packed with cabinet space and includes convenient side-by-side laundry hookups. Recent updates to the flooring and paint allow for immediate occupancy, yet there is significant value-add potential for those looking to modernize the windows, kitchen, and bath to maximize equity. The property also has a 588 sq ft unfinished basement with daylight windows, central heat/air, and a 1-car attached garage. Location is key: you are around the corner from Anderson Speedway and Jackson Park, and under 10 minutes from St. Vincent Hospital, Meadowbrook Golf Course, and the casino and horse track. For investors, this is a prime rental opportunity with estimated rents of $900-$1,000, easily exceeding the 1% rule. Schedule your showing today and see the potential for yourself! No creative/seller financing and no wholesalers. Property sold as-is.

Listing Status:

Active

Data Last Updated:

May 2, 2026 at 4:19PM

Listing Office:

Keller Williams Indpls Metro N : 317-450-9202

Listing Agent:

Peter Stewart : 317-450-9202

MLS ID:

22083657

Interior

• General: Attic Access
• Appliances: Electric OvenRefrigerator
• Laundry: Connections AllMain Level
• Basement: DaylightUnfinished
• A/C: Central Air
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: Exterior Handicap Accessible
• Style: Ranch
• Other Structures: Porch
• Parking: AttachedGarage Faces Rear

Construction

• General: OneBlock

Location

• Originating MLS: mibor
• School District: Anderson Community School Corp
• County: Madison

Lot

• Zoning: Pleasant Walk 1/2 V/A 0.0000Acres Str: 00000 Section: Plat: 38 In: Out:481114304025000003
• Fencing: Chain LinkFence Complete

Utilities

• Utilities: Natural Gas Connected
• Water: Public

Financial

• Source: mibor