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    1507 W 7Th St Anderson, IN 46016

    For Sale
    $199,900

    Traditional, Duplex - Anderson, IN

    Type:Duplex
    Lot size:
    0.14 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 6 at 1:06 pm

    Property Features for 1507 W 7Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    residential
    Rooms
    Basement
    APN
    481111403030000003
    Exterior features
    Storage Shed
    Basement Y/N
    1
    Lot size
    0.14 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Number of units
    2
    Building materials
    Aluminum Siding
    Architectural style
    New Traditional
    Additional Structures
    Packing Shed, Shed(s), Storage

    RE/MAX Real Estate Solutions (765) 640-1900 [email protected]

    Listing agent Sonya Pickett (765) 640-1900 License #RB14045648

    Listing date Sep 29, 2025

    MLS# 21933578 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vintage Duplex in Anderson, IN

    Located at 1507 W 7th ST in Anderson, IN, this duplex in Madison County offers an opportunity to own a piece of history. Constructed in 1910, the two-story residential property provides a glimpse into a bygone era and holds potential for creating a living space tailored to a unique vision. The lot size is 0.14 acres. The property is zoned for residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.698004
    Latitude
    40.108708

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    FAQs

    What type of property is this?
    Duplex - Two-story duplex built in 1910 in Madison County, Indiana.
    Where is this duplex located?
    The property is located at 1507 W 7Th St Anderson, IN.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Duplex property offering investment or multi-family living potential.; - Located in Madison County, Indiana.; - Features a storage shed for additional storage.
    (765) 640-1900
    Request Owner's contact information
    1507 W 7Th St Anderson, IN 46016
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    Anderson, IN 46016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1507 W 7Th St Anderson, IN 46016
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