# 162 W 500 S, Anderson, IN 46013

> **TL;DR:** 3bd/2ba single family, $199,000 ($147/sqft), built 1951, 1,356 sqft. Est. $862/mo. Listed 25 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $199,000 |
| Price/sqft | $147 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,356 |
| Year Built | 1951 |
| Lot Size | 11,761 sqft (0.27 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 25 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $862 |
| **Total** | **$862** |

## Property Highlights

- Built in 1951
- 0.27 acre lot

## Description

### Agent Description
Welcome to 162 W 500 S, Anderson, IN - a charming, move-in ready single-family ranch home that blends classic American style with inviting rustic touches. This 1,356 sq ft gem features 3 bedrooms, 2 full baths, and a layout designed for easy living on a generous .27-acre lot. Step inside to find beautiful dark stained hardwood floors throughout most of the main level, while the spacious eat-in kitchen delights with barn wood-style flooring, a large island topped with a wood countertop and breakfast bar, plenty of built-ins, and a cozy dining area. Shiplap accents and a stylish barn door on the laundry room add warmth and character. A full bath and laundry conveniently sit just off the kitchen. The enclosed four-seasons breezeway - with its wood slat ceiling and concrete floor - connects the home to a large one-car attached garage with extra storage and opens through sliding glass doors to a big wooden deck overlooking a spacious, fully fenced backyard complete with a matching storage barn. Perfectly located on the south side of Anderson, you're only 5 minutes from shopping, dining, and businesses, 10 minutes from Harrah's casino and horse track, 15 minutes to downtown, and about 25 minutes from Indianapolis. Currently vacant and freshly updated, this non-cookie-cutter home with genuine personality is ideal for owner-occupants ready to unpack and settle in right away or investors seeking a turnkey rental that can welcome a tenant on day one. Come see the warmth and possibilities for yourself - schedule your showing today and fall in love!

## Location

- **Address:** 162 W 500 S, Anderson, IN 46013
- **County:** Madison
- **Neighborhood:** Stottlemyer
- **Coordinates:** 40.033194, -85.676405
- **Google Maps:** https://www.google.com/maps?q=40.033194,-85.676405

## Listing Agent

- **Name:** Peter Stewart
- **Brokerage:** Keller Williams Indpls Metro N
- **Phone:** 3178466300
- **Email:** peter@peterstewartrealty.com

## Primary Photo

![162 W 500 S - Primary Photo](http://lh.rdcpix.com/1d40ba50abaea314fe1a6e62311353bfl-f1067490025r.jpg)

*28 total photos available on [listing page](https://www.propertysimple.com/listing/162-w-500-s-anderson-in-46013-22085824)*

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**MLS#:** 22085824 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/162-w-500-s-anderson-in-46013-22085824)

---

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