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    1601 E 53Rd St Anderson, IN 46013

    For Sale
    $419,000

    Retail - Anderson, IN

    Type:Retail
    Property size:
    1,756 SF
    Lot size:
    1.07 Acres
    Days on Market:
    103
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 1601 E 53Rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    Commercial Office
    APN
    481231100038000003
    Size
    1,756 SF
    Lot size
    1.07 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1964
    Roof type
    Metal
    Architectural style
    Other

    Indy Metro Northeast dba Keller Williams Realty (317) 564-7100 [email protected]

    Listing agent Justin Puckett (317) 564-7100 License #RB14041687

    Listing date Aug 25, 2025

    MLS# 22050622 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

    Commercial Property on High-Traffic Corner

    This commercial property is located at the intersection of 53rd Street and Arbor Street in Anderson, Indiana. The brick building has 1,756 square feet of space and includes two bathrooms. The property, situated on 1.07 acres, offers access from both 53rd Street and Arbor Street. Parking is available in both the front and rear of the building. A garage provides additional storage space. The building is equipped with gas forced air heating and central electric cooling. The property is zoned for commercial office use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -85.660148
    Latitude
    40.061415

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    FAQs

    What type of property is this?
    Retail property - Retail property on 1.07 acres at a busy intersection.
    Where is this retail property located?
    The property is located at 1601 E 53Rd St Anderson, IN.
    What is the asking price?
    The asking price for this property is $419,000.
    What are key features of this property?
    This property features: - Prime commercial location at the busy intersection of 53rd Street and Arbor Street.; - Located on Anderson's fast-growing southside.; - High traffic count.
    (317) 564-7100
    Request Owner's contact information
    1601 E 53Rd St Anderson, IN 46013
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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
    1601 E 53Rd St Anderson, IN 46013
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