Anderson Homes under $200,000

Anderson Homes under $200,000

Welcome to Anderson, Indiana – a hidden gem nestled in the heart of Madison County. Known for its rich history and vibrant community spirit, Anderson offers a perfect blend of small-town charm and modern convenience. With its scenic parks, friendly neighborhoods, and a variety of local amenities, it's no wonder that many families and individuals are choosing to call Anderson home.

One of the most appealing aspects of Anderson is its affordability. If you're in the market for a new home, you'll be delighted to discover an array of options available for under $200,000. Whether you’re a first-time homebuyer, looking to downsize, or seeking an investment opportunity, Anderson has something for everyone. From cozy bungalows to spacious family homes, the real estate market here provides diverse choices that cater to different lifestyles and budgets.

Imagine settling into a charming home surrounded by lush greenery and friendly neighbors. With its convenient access to major highways, residents can easily enjoy the nearby attractions of Indianapolis while still relishing the tranquility of suburban life. Anderson is also home to several parks, recreational facilities, and local shops, making it a great place for families and outdoor enthusiasts alike.

Explore the potential of homeownership in Anderson, where you can find quality homes at an unbeatable price. Your dream home awaits in this welcoming community, ready to create lasting memories. Discover the possibilities today and see why Anderson, Indiana, is the perfect place to plant your roots!

Newest Anderson Homes under $200,000

1111 Fairfax Street, Anderson
$105,000
2 Beds ⋅ 1 Baths
Built in 1940, this 2-bedroom, 1-bath home has character inside and out, and you won't miss it from the street. Hardwood floors run through the living room and both bedrooms. Windows on two walls bring natural light into the main rooms. The eat-in kitchen has white cabinets, a gas range, and a painted diamond-pattern wood floor that gives the space its own personality. The full bath has a tub/shower combo and a pedestal sink. The main-floor laundry area (virtually staged; it currently holds the refrigerator) does not have active washer/dryer hookups, but the seller is working to have them installed. The basement also has existing hookups. Outside, the covered front porch has wrought iron railings and room to sit. A side entry opens right off the long concrete driveway, which leads to a detached one-car garage. A storage shed adds room for tools and outdoor gear. Inside, you can access attic storage through the pantry ceiling. The real surprise is the yard. It's a double lot on a single parcel, with .32 acres and mature trees, which is far more room than most in-town homes offer. An elevated playhouse sits toward the back. A portion of the parcel was originally platted as a separate lot. A boundary survey recorded with the County would restore Lots #147 and #148 and make the vacant lot buildable again; buyer to verify with the County. It's ready for its next owner, with room to make it your own. Plus a one-year HSA Home Warranty! Schedule your showing today.

1111 Fairfax Street, Anderson

Listing courtesy of eXp Realty, LLC.

Start Your Search

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative