Anderson Homes under $400,000

Anderson Homes under $400,000

Welcome to Anderson, Indiana – a charming city nestled in Madison County, where small-town warmth meets vibrant community spirit. Known for its rich history and friendly atmosphere, Anderson offers a delightful blend of urban conveniences and natural beauty. With its scenic parks, engaging local events, and a strong sense of community, it’s no wonder that families and individuals alike are drawn to this inviting region.

Anderson is home to a variety of amenities, including shopping centers, restaurants, and recreational facilities, making it an ideal location for both relaxation and entertainment. The city boasts a number of parks and green spaces, perfect for outdoor enthusiasts and families looking to enjoy quality time together. Whether you’re exploring the picturesque Mounds State Park or taking a leisurely stroll along the scenic White River, there’s always something to appreciate in this lovely city.

For those seeking affordable housing options, Anderson is an excellent choice. With a diverse selection of homes available for under $400,000, prospective buyers can find their dream home without breaking the bank. From charming single-family residences to modern townhomes, there’s a property to suit every taste and lifestyle. The real estate market in Anderson is not only accessible but also thriving, making it a great investment for first-time buyers or those looking to downsize.

In Anderson, you’ll discover a welcoming community, affordable housing, and a quality of life that’s hard to beat. Come explore all that this wonderful city has to offer – your perfect home awaits!

Newest Anderson Homes under $400,000

1021 Brunswick Way, Anderson
$169,900
3 Beds ⋅ 1 Baths

1021 Brunswick Way, Anderson

Listing courtesy of RE/MAX Real Estate Solutions.

5 W 38th Street, Anderson
$92,900
Discover a unique opportunity at 5 W 38th ST, ANDERSON, IN, USA. This 1408 square foot duplex, set on a generous 6098 square foot lot, presents a distinctive living arrangement across its single story. This property offers an intriguing canvas for those seeking flexibility and potential. The duplex configuration provides separate living spaces, ideal for multi-generational living, income generation, or a live-work setup. Each unit within this 1.0-story structure offers the privacy and independence desired in a modern dwelling. Envision the possibilities this duplex offers for a lifestyle tailored to your needs. Property has a newer metal roof and Rhino Shield paint. Billboard on property goes with property and generates income. Schedule your private viewing to fully appreciate the potential of this compelling property.

5 W 38th Street, Anderson

Listing courtesy of JNW Real Estate LLC.

2106 Hillcrest Avenue, Anderson
$346,000
4 Beds ⋅ 3 Baths
Welcome to 2106 Hillcrest Ave, a well cared for 4 bedroom home that has been lovingly maintained by its original owners. Located in a great neighborhood, this home offers a warm, inviting feel with thoughtful updates throughout. Inside, you'll find spacious bedrooms designed to be larger than average, an open concept family and dining area, ceramic tile flooring, updated plumbing fixtures, and an enclosed glass rear porch overlooking the backyard. Outside is where this home really shines, featuring a private backyard with a beautiful inground saltwater pool complete with an updated salt system, heater, pump, and filter. Major updates include a new roof and 5 inch gutters with gutter screens in 2025, a high efficiency Trane furnace and A/C installed in 2022, and a gas water heater installed in 2024. The enlarged 2 car garage provides plenty of additional space for parking and storage. A home with character, generous living space, and a backyard made for summer days, entertaining, and making memories!

2106 Hillcrest Avenue, Anderson

Listing courtesy of RE/MAX Real Estate Solutions.

301 E 37th Street, Anderson
$156,000
3 Beds ⋅ 2 Baths
Listing broker has an ownership interest in the property

301 E 37th Street, Anderson

Listing courtesy of The Wright Team LLC.

1126 E 28th Street, Anderson
$60,000
2 Beds ⋅ 1 Baths
Solid one-level brick ranch with sturdy bones and immediate rental income already in place. This 2-bedroom, 1-bathroom home sits on its own lot (no subdivision) in Anderson and offers a fully fenced backyard. Currently tenant-occupied and producing rental income, it is fully functional and livable in its present condition while offering clear upside for cosmetic updates and light TLC. Perfect for anyone who wants the quiet rural feel with a short drive to the energy of the city. Ideal for a beginning investor looking for a straightforward first property, or a seasoned investor wanting a simple cash-flowing hold. Brick exterior, single-story layout, and an established tenancy make this an easy entry point. This is also perfect for anyone who is looking for that quite rural feel with just a short drive to experience the bustling city life of Indianapolis!

1126 E 28th Street, Anderson

Listing courtesy of eXp Realty, LLC.

2323 Mimosa Lane, Anderson
$359,900
2 Beds ⋅ 2 Baths
Welcome to 2323 Mimosa LN, ANDERSON, IN, USA - a newly constructed condominium from 2023 offering 1750 square feet of living space in great condition. This attractive ranch-style property embodies modern comfort and sophisticated design, crafted for an effortless lifestyle. The kitchen is a culinary dream, featuring elegant stone counters that provide both beauty and functionality for everyday living and entertaining. Relax and rejuvenate in the thoughtfully designed bathrooms, each offering a double vanity, with one featuring a large double vanity, and a refreshing walk-in shower. This charming residence also includes a convenient laundry room, an attached garage for ease and security, and a private patio perfect for outdoor enjoyment. There are so many new updates since the home was built in 2023 including a new sunroom for enjoyment every day of the year. Discover the exceptional living experience offered by this meticulously maintained condominium.

2323 Mimosa Lane, Anderson

Listing courtesy of RE/MAX Real Estate Solutions.

2227 George Street, Anderson
$164,900
2 Beds ⋅ 1 Baths
Looking for a home that is practically brand new without the brand-new price tag? This 2-bedroom, 1-bathroom home is a must-see! Transformed from top to bottom with new flooring, plumbing, HVAC, electrical, and beautifully renovated kitchen and bathroom. It's fresh, modern, and move-in ready! And then there's THE GARAGE! This huge 3-car garage offers incredible space for vehicles, toys, hobbies, a workshop, storage-or all of the above! Plus, a full basement with plenty of room to develop gives you even more space. This one packs a whole lot of **WOW** into a 2-bedroom home!

2227 George Street, Anderson

Listing courtesy of Epique Inc.

1429 W 4th Street, Anderson
$199,900
3 Beds ⋅ 3 Baths
Better Than New & Ready for You! Built in 2023 and completely move-in ready, this gorgeous 3-bedroom, 2.5-bath home has the fresh, modern feel you've been looking for-without the wait of building! Step inside to a bright, open-concept layout designed for both everyday living and effortless entertaining. The modern finishes and spacious living areas give the home a clean, stylish feel while still being warm and inviting. The massive primary suite is a true retreat with plenty of room to unwind and make the space your own. Two additional bedrooms offer flexibility for family, guests, a home office, or whatever fits your lifestyle. With its newer construction, modern design, spacious layout, and truly move-in-ready condition, this home checks all the boxes. Just unpack, settle in, and start enjoying your practically-new home!

1429 W 4th Street, Anderson

Listing courtesy of Priority Realty Group.

115 S Roby Drive, Anderson
$270,000
3 Beds ⋅ 2 Baths
Welcome home to 115 S Roby Dr, located in the peaceful and desirable Mustin Manor neighborhood of Anderson! This charming residence offers comfort, functionality, and classic appeal. Featuring a spacious layout with generous living spaces, bright windows, and a seamless flow, this home is perfect for both relaxing and entertaining. Step inside to find welcoming living areas filled with natural light, along with comfortable bedrooms and flexible interior space suited for today's active lifestyle. Outside, enjoy a lovely yard ideal for warm-weather gatherings, gardening, or evening relaxation. Nestled in a convenient Eastside Anderson location close to local shopping, dining, parks, and quick highway access. Don't miss out on making this wonderful property your own-schedule your showing today!

115 S Roby Drive, Anderson

Listing courtesy of F.C. Tucker Company.

3622 E Lynn Street, Anderson
$134,900
3 Beds ⋅ 1 Baths
Wow, check out this completely updated single-family residence, offering a harmonious blend of classic charm and contemporary living. It's more than just a home; it's a lifestyle statement. With three well-proportioned bedrooms, this home provides ample space for relaxation and personal sanctuary. The single full bathroom has been thoughtfully updated, offering modern convenience within a timeless setting. Beyond the interior, the outdoor space provides an inviting extension of the living space, perfect for enjoying the outdoors in comfort. The generous sized lot offers a private setting for outdoor activities and personal enjoyment. Discover the allure of this meticulously updated property and imagine your future here. Close to schools, shopping, and everything one needs!

3622 E Lynn Street, Anderson

Listing courtesy of Red Bridge Real Estate.

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.

4117 Alpine Drive, Anderson
$200,000
3 Beds ⋅ 2 Baths
There's something about 4117 Alpine Drive that feels like soft music. Tucked into a quiet neighborhood on Anderson's south side, this brick home offers a peaceful place to settle in while keeping shopping, restaurants, and everyday conveniences just minutes away. Inside, comfortable living spaces offer plenty of opportunity to make the home your own. The kitchen is full of possibilities to make it feel completely yours. Then there's the bonus room. Large, and separate from the rest of the home, this flexible living space can change right along with you. Picture a cozy movie room, oversized playroom, home office, library, or the place everyone naturally gathers during the holidays. Outside, simple landscaping and clean backyard patio create a peaceful outdoor space without demanding every Saturday of your summer, while still giving you plenty of room to enjoy fall evenings. And when the weather turns chilly, this home may be at its best. Imagine dinner cooking in the kitchen, movie night in the bonus room, and a small fire glowing in the backyard. By winter, trade the fall fires for Christmas lights glowing throughout the neighborhood, something warm in your mug, and the everyday luxury of pulling into your attached garage. Add the recently updated bathrooms, a/c unit, newer roof, gutters and downspouts, and a seller provided home warranty! Now you've got peace of mind!

4117 Alpine Drive, Anderson

Listing courtesy of Carpenter, REALTORS®.

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