1425 W 9th St · Anderson, IN 46016

$65,000

2 bd · 1.0 ba · 702 sqft · SingleFamily public records · 447 Days on market

Built 1910 10,368 sqft lot $93/sqft · 43% above area Est $72k · 10% under

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +29.6/30.0
• ARV discount +12.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.7/10.0
• Rent growth +4.5/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming Newly Renovated 2-Bedroom Home on a Large Lot! This beautifully updated 2-bedroom, 1-bathroom home is move-in ready and perfect for a first-time buyer! Enjoy peace of mind with new plumbing and electrical (2022), a new furnace (2023), and newly installed windows that bring in plenty of natural light. The full basement offers fantastic additional space, including a bonus room with a closet-ideal for a home office, or gym. Outside, you'll find a full chain-link fence for privacy and a large lot perfect for entertaining, gardening, or pets. Don't miss out on this fantastic opportunity-schedule your showing today!

Key facts

• New furnace
• New plumbing
• Bonus room

Tags

• NEW PLUMBING
• NEW ELECTRICAL
• NEW FURNACE
• NEWLY INSTALLED WINDOWS
• FULL BASEMENT
• BONUS ROOM

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $235 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($826 rent vs $65k).
• Recommended offer: $57k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.6% vs local median 6.1% in Anderson — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 60/100 on livability (#521 in IN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D-, amenities F, commute F.
• Anderson Community School Corporation (urban): math 15% / reading 23% proficiency, ranked #280 of 301 in IN (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Tenth Street Elementary School (math 13% / reading 10%, grade F, #904 of 994 statewide, top 91%, 462 students, 89% FRL); Highland Middle School (math 9% / reading 22%, grade F, #293 of 330 statewide, top 90%, 914 students, 81% FRL); Anderson High School (math 21% / reading 51%, grade F, #261 of 369 statewide, top 71%, 1,790 students, 76% FRL).
• Market conditions: Rents rising fast (+7.9%/yr); 188 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 184 units permitted in Madison County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Madison County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 7.9% rent growth), your $18k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 447 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 22y ago; this cycle's ask has dropped $25k (28%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $15k; list at $65k implies a 333% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 447 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.27% ✓
• Cap rate: 10.63%
• Cash-on-cash: 15.49%
• DSCR: 1.69
• GRM: 6.6

CMA / ARV

• ARV (median comp): $72,241
• List price: $65,000
• Delta: -10.02%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1516 Fulton St	0.72mi	2/1.0	720 (+3%)	3mo	$63,500	$88	60

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 7.88% rent growth · sell at horizon

5-year hold

• IRR: 11.4%
• Equity multiple: 1.48×
• Total profit: $8,677
• Equity at exit: $9,692

10-year hold

• IRR: 23.9%
• Equity multiple: 3.53×
• Total profit: $46,118
• Equity at exit: $5,620

Cash invested: $18,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Indiana: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

10-day pay-or-quit; landlord-favorable; preempted.

Methodology + full state rankings →

ZIP-level market 46016

• Home prices YoY: -3.5%
• Rents YoY: 7.9%
• Active inventory: 188
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $826 high
• Mortgage (P&I): −$341
• Tax from tax record: −$50 /mo · $600/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$174
• Net cashflow: $235

Break-even live

Break-even rent $529

Max offer price $65,000

Occupancy floor 67%

Sensitivity live

Price	-10% $272	-5% $253	+0% $235	+5% $216	+10% $198
Rent	-10% $170	-5% $202	+0% $235	+5% $268	+10% $300
Rate	-1.0pp $268	-0.5pp $251	base $235	+0.5pp $218	+1.0pp $201

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1312 W 8th St Unit 1308H Anderson, IN	1.0	1.0	750	$999	$1.33	16d	1	0.16mi
1627 W 6th St Anderson, IN	2.0	1.0	650	$850	$1.31	25d	1	0.26mi
1708 W 7th St Anderson, IN	1.0	1.0	700	$875	$1.25	19d	1	0.30mi
1708 W 7th St Anderson, IN	1.0	1.0	700	$875	$1.25	21d	1	0.30mi
1708 W 7th St Anderson, IN	1.0	1.0	700	$1,000	$1.43	45d	1	0.30mi
1020 W 5th St Unit 1022 Anderson, IN	1.0	1.0	550	$750	$1.36	45d	1	0.35mi
925 W 5th St Unit 1 Anderson, IN	1.0	1.0	617	$775	$1.26	18d	1	0.39mi
924 W 5th St Unit 924 Anderson, IN	1.0	1.0	750	$600	$0.80	25d	1	0.41mi
924 W 5th St Unit 928 Anderson, IN	1.0	1.0	600	$600	$1.00	45d	1	0.41mi
1604 W 15th St Unit C Anderson, IN	1.0	1.0	400	$525	$1.31	0d	1	0.43mi
803 1/2 W 9th St Anderson, IN	1.0	1.0	600	$525	$0.88	45d	1	0.45mi
215 S Madison Ave Anderson, IN	1.0	1.0	600	$650	$1.08	45d	1	0.51mi
213 Madison Ave Anderson, IN	1.0	1.0	600	$650	$1.08	45d	1	0.51mi
1010 W 2nd St Unit 1 Anderson, IN	1.0	1.0	724	$925	$1.28	25d	1	0.53mi
702 W 5th St Unit 3 Anderson, IN	1.0	1.0	392	$625	$1.59	0d	1	0.57mi
1614 W 18th St Anderson, IN	2.0	1.0	690	$975	$1.41	25d	1	0.62mi
1621 Halford St Anderson, IN	1.0	1.0	440	$800	$1.82	45d	1	0.69mi
1621 Halford St Anderson, IN	1.0	1.0	440	$900	$2.05	6d	1	0.69mi
336 W 6th St Anderson, IN	1.0	1.0	450	$625	$1.39	45d	1	0.72mi
519 W 2nd St Anderson, IN	1.0	1.0	650	$800	$1.23	45d	1	0.72mi
1712 Fairview St Unit 1712 Anderson, IN	1.0	1.0	450	$695	$1.54	25d	1	0.77mi
428 Delaware St Anderson, IN	1.0	1.0	425	$775	$1.82	25d	1	0.86mi
2208 Hendricks St Unit 3 Anderson, IN	1.0	1.0	585	$600	$1.03	0d	1	0.95mi
602 Meridian St Unit 608 A Anderson, IN	1.0	1.0	650	$750	$1.15	25d	1	0.97mi
1807 Raible Ave Anderson, IN	1.0	1.0	503	$725	$1.44	25d	1	1.00mi
702 W 23rd St Anderson, IN	1.0	1.0	560	$595	$1.06	6d	1	1.02mi
1317 Main St Anderson, IN	2.0	1.0	750	$800	$1.07	45d	1	1.03mi
1807 Meridian St Apt 4 Anderson, IN	2.0	1.0	600	$675	$1.12	0d	1	1.11mi
221 E 13th St Anderson, IN	1.0	1.0	595	$995	$1.67	16d	1	1.15mi
414 Wheeler Ave Apt B Anderson, IN	1.0	1.0	600	$650	$1.08	45d	1	1.24mi
2408 Brown St Apt B Anderson, IN	1.0	1.0	500	$850	$1.70	25d	1	1.29mi
2527 Chase St Anderson, IN	1.0	1.0	400	$650	$1.62	45d	1	1.35mi
2820 1/2 Fairview St Apt B Anderson, IN	1.0	1.0	450	$650	$1.44	0d	1	1.43mi
1708 Euclid Dr Anderson, IN	2.0	1.0	732	$1,225	$1.67	45d	1	1.46mi

Listing history 40 events

1. 2026-06-21
   days on market $65,000 Active 447 DOM
2. 2026-06-18
   days on market $65,000 Active 444 DOM
3. 2026-06-17
   days on market $65,000 Active 443 DOM
4. 2026-06-16
   days on market $65,000 Active 442 DOM
5. 2026-06-15
   days on market $65,000 Active 441 DOM
6. 2026-06-13
   days on market $65,000 Active 439 DOM
7. 2026-06-09
   days on market $65,000 Active 435 DOM
8. 2026-06-08
   days on market $65,000 Active 434 DOM
9. 2026-06-07
   days on market $65,000 Active 433 DOM
10. 2026-06-05
    days on market $65,000 Active 430 DOM
11. 2026-06-03
    days on market $65,000 Active 429 DOM
12. 2026-06-02
    days on market $65,000 Active 428 DOM
13. 2026-06-01
    days on market $65,000 Active 427 DOM
14. 2026-05-31
    days on market $65,000 Active 426 DOM
15. 2026-03-10
    status Active 627-char remark

    Show marketing remark (627 chars)

    Charming Newly Renovated 2-Bedroom Home on a Large Lot! This beautifully updated 2-bedroom, 1-bathroom home is move-in ready and perfect for a first-time buyer! Enjoy peace of mind with new plumbing and electrical (2022), a new furnace (2023), and newly installed windows that bring in plenty of natural light. The full basement offers fantastic additional space, including a bonus room with a closet-ideal for a home office, or gym. Outside, you'll find a full chain-link fence for privacy and a large lot perfect for entertaining, gardening, or pets. Don't miss out on this fantastic opportunity-schedule your showing today!

16. 2026-03-09
    status Pending 627-char remark

    Show marketing remark (627 chars)

    Charming Newly Renovated 2-Bedroom Home on a Large Lot! This beautifully updated 2-bedroom, 1-bathroom home is move-in ready and perfect for a first-time buyer! Enjoy peace of mind with new plumbing and electrical (2022), a new furnace (2023), and newly installed windows that bring in plenty of natural light. The full basement offers fantastic additional space, including a bonus room with a closet-ideal for a home office, or gym. Outside, you'll find a full chain-link fence for privacy and a large lot perfect for entertaining, gardening, or pets. Don't miss out on this fantastic opportunity-schedule your showing today!

17. 2026-03-05
    price $65,000 627-char remark

    Show marketing remark (627 chars)

    Charming Newly Renovated 2-Bedroom Home on a Large Lot! This beautifully updated 2-bedroom, 1-bathroom home is move-in ready and perfect for a first-time buyer! Enjoy peace of mind with new plumbing and electrical (2022), a new furnace (2023), and newly installed windows that bring in plenty of natural light. The full basement offers fantastic additional space, including a bonus room with a closet-ideal for a home office, or gym. Outside, you'll find a full chain-link fence for privacy and a large lot perfect for entertaining, gardening, or pets. Don't miss out on this fantastic opportunity-schedule your showing today!

18. 2025-09-30
    price $74,000 627-char remark

    Show marketing remark (627 chars)

    Charming Newly Renovated 2-Bedroom Home on a Large Lot! This beautifully updated 2-bedroom, 1-bathroom home is move-in ready and perfect for a first-time buyer! Enjoy peace of mind with new plumbing and electrical (2022), a new furnace (2023), and newly installed windows that bring in plenty of natural light. The full basement offers fantastic additional space, including a bonus room with a closet-ideal for a home office, or gym. Outside, you'll find a full chain-link fence for privacy and a large lot perfect for entertaining, gardening, or pets. Don't miss out on this fantastic opportunity-schedule your showing today!

19. 2025-09-30
    status Active 627-char remark

    Show marketing remark (627 chars)

    Charming Newly Renovated 2-Bedroom Home on a Large Lot! This beautifully updated 2-bedroom, 1-bathroom home is move-in ready and perfect for a first-time buyer! Enjoy peace of mind with new plumbing and electrical (2022), a new furnace (2023), and newly installed windows that bring in plenty of natural light. The full basement offers fantastic additional space, including a bonus room with a closet-ideal for a home office, or gym. Outside, you'll find a full chain-link fence for privacy and a large lot perfect for entertaining, gardening, or pets. Don't miss out on this fantastic opportunity-schedule your showing today!

20. 2025-09-04
    historical 627-char remark

    Show marketing remark (627 chars)

    Charming Newly Renovated 2-Bedroom Home on a Large Lot! This beautifully updated 2-bedroom, 1-bathroom home is move-in ready and perfect for a first-time buyer! Enjoy peace of mind with new plumbing and electrical (2022), a new furnace (2023), and newly installed windows that bring in plenty of natural light. The full basement offers fantastic additional space, including a bonus room with a closet-ideal for a home office, or gym. Outside, you'll find a full chain-link fence for privacy and a large lot perfect for entertaining, gardening, or pets. Don't miss out on this fantastic opportunity-schedule your showing today!

21. 2025-05-20
    price $80,000 627-char remark

    Show marketing remark (627 chars)

    Charming Newly Renovated 2-Bedroom Home on a Large Lot! This beautifully updated 2-bedroom, 1-bathroom home is move-in ready and perfect for a first-time buyer! Enjoy peace of mind with new plumbing and electrical (2022), a new furnace (2023), and newly installed windows that bring in plenty of natural light. The full basement offers fantastic additional space, including a bonus room with a closet-ideal for a home office, or gym. Outside, you'll find a full chain-link fence for privacy and a large lot perfect for entertaining, gardening, or pets. Don't miss out on this fantastic opportunity-schedule your showing today!

22. 2025-03-04
    listed $90,000 Active 627-char remark

    Show marketing remark (627 chars)

    Charming Newly Renovated 2-Bedroom Home on a Large Lot! This beautifully updated 2-bedroom, 1-bathroom home is move-in ready and perfect for a first-time buyer! Enjoy peace of mind with new plumbing and electrical (2022), a new furnace (2023), and newly installed windows that bring in plenty of natural light. The full basement offers fantastic additional space, including a bonus room with a closet-ideal for a home office, or gym. Outside, you'll find a full chain-link fence for privacy and a large lot perfect for entertaining, gardening, or pets. Don't miss out on this fantastic opportunity-schedule your showing today!

23. 2022-11-04
    soldstatus $15,000 Closed 412-char remark

    Show marketing remark (412 chars)

    Investor's Rehab Special! Great fix & flip opportunity! This home is on a large lot and can be rehabbed for monthly cash flow subfloors have been removed and home is ready to be designed to your specifications!here is what the house has received so far, 1. New fence 2022.2. New painting outside 2022.3.New plumbing 2022.4.New electrical wiring 2022.5. All windows are in the house just needs to be installed

24. 2022-10-11
    status Pending 412-char remark

    Show marketing remark (412 chars)

    Investor's Rehab Special! Great fix & flip opportunity! This home is on a large lot and can be rehabbed for monthly cash flow subfloors have been removed and home is ready to be designed to your specifications!here is what the house has received so far, 1. New fence 2022.2. New painting outside 2022.3.New plumbing 2022.4.New electrical wiring 2022.5. All windows are in the house just needs to be installed

25. 2022-09-28
    price $19,900 412-char remark

    Show marketing remark (412 chars)

    Investor's Rehab Special! Great fix & flip opportunity! This home is on a large lot and can be rehabbed for monthly cash flow subfloors have been removed and home is ready to be designed to your specifications!here is what the house has received so far, 1. New fence 2022.2. New painting outside 2022.3.New plumbing 2022.4.New electrical wiring 2022.5. All windows are in the house just needs to be installed

26. 2022-09-02
    price $22,900 412-char remark

    Show marketing remark (412 chars)

    Investor's Rehab Special! Great fix & flip opportunity! This home is on a large lot and can be rehabbed for monthly cash flow subfloors have been removed and home is ready to be designed to your specifications!here is what the house has received so far, 1. New fence 2022.2. New painting outside 2022.3.New plumbing 2022.4.New electrical wiring 2022.5. All windows are in the house just needs to be installed

27. 2022-08-25
    price $24,000 412-char remark

    Show marketing remark (412 chars)

    Investor's Rehab Special! Great fix & flip opportunity! This home is on a large lot and can be rehabbed for monthly cash flow subfloors have been removed and home is ready to be designed to your specifications!here is what the house has received so far, 1. New fence 2022.2. New painting outside 2022.3.New plumbing 2022.4.New electrical wiring 2022.5. All windows are in the house just needs to be installed

28. 2022-08-09
    price $27,900 412-char remark

    Show marketing remark (412 chars)

    Investor's Rehab Special! Great fix & flip opportunity! This home is on a large lot and can be rehabbed for monthly cash flow subfloors have been removed and home is ready to be designed to your specifications!here is what the house has received so far, 1. New fence 2022.2. New painting outside 2022.3.New plumbing 2022.4.New electrical wiring 2022.5. All windows are in the house just needs to be installed

29. 2022-07-28
    price $29,900 412-char remark

    Show marketing remark (412 chars)

    Investor's Rehab Special! Great fix & flip opportunity! This home is on a large lot and can be rehabbed for monthly cash flow subfloors have been removed and home is ready to be designed to your specifications!here is what the house has received so far, 1. New fence 2022.2. New painting outside 2022.3.New plumbing 2022.4.New electrical wiring 2022.5. All windows are in the house just needs to be installed

30. 2022-07-15
    listed $34,900 Active 412-char remark

    Show marketing remark (412 chars)

    Investor's Rehab Special! Great fix & flip opportunity! This home is on a large lot and can be rehabbed for monthly cash flow subfloors have been removed and home is ready to be designed to your specifications!here is what the house has received so far, 1. New fence 2022.2. New painting outside 2022.3.New plumbing 2022.4.New electrical wiring 2022.5. All windows are in the house just needs to be installed

31. 2021-06-17
    soldstatus $10,000 Closed
32. 2021-06-08
    status Pending
33. 2021-06-01
    price $12,900
34. 2021-05-20
    price $13,900
35. 2021-05-05
    price $14,900
36. 2021-04-28
    listed $15,500 Active
37. 2007-06-20
    historical
38. 2006-02-02
    listed $24,900
39. 2005-12-13
    historical
40. 2004-07-27
    listed $24,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IN · Partial reset (capped growth)

• Current annual tax: $600 · $50/mo
• Projected year-2 tax: $600 · $50/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (shaded) · 73% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥100°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $9,916
• − Mortgage interest: −$3,641
• − Property taxes: −$600
• − Insurance: −$325
• − Repairs & maintenance: −$793
• − Management: −$793
• − Depreciation: −$1,891
• Taxable income: $1,873
• Est. tax owed @ 24.0%: −$449
• After-tax cash flow: $2,369/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Anderson Community School Corporation
• NCES district ID: 1800150
• Math proficiency: 15% ▼ -14.00%
• Reading proficiency: 23% ▼ -7.00%
• Median HH income: $38,208
• Composite: 15.93/100
• National rank: #9250
• State rank: #280 of 301 in IN

Livability — Anderson

• Score: 60/100
• State rank: #521
• US rank: #18709

Category grades

Amenities F Commute F Cost of living A+ Crime D- Employment F Housing A+ Health & safety F User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Anderson, IN
• County: Madison County · 69,445 people
• City population: 57,762
• Metro: Indianapolis-Carmel-Anderson, IN
• Population (ZIP): 17,834
• Household income: $36,029
• Rent vs Own: 59.5% rent · 40.5% own
• Severe rent burden: 1193.0

Population outlook (Madison County) Hauer SSP2

• Today (2025): 125,800 people
• By 2030: 122,640 · -2.5%
• By 2040: 115,420 · -8.3%
• By 2050: 108,148 · -14.0%
• By 2075: 91,838 · -27.0%
• By 2100: 75,670 · -39.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 61% Black 18% Hispanic / Latino 13% Two or more races 11% Native American 1%
• Hispanic origin (detail): Mexican 10% Puerto Rican 1%
• Common ancestry: Italian 2% Slovak 1% Iranian 1%
• Foreign-born: 4% · Canada
• Languages at home: 86% English-only · Spanish 12%

Political lean MEDSL · Madison

• 2024 margin: Strong R (+26.9) · D 35.6% · R 62.5% · Other 1.9%
• 2008→2024 swing: -33.5pp toward R · 2008: 6.5pp · 2024: -26.9pp
• All cycles: 2024: R+26.9 2020: R+22.6 2016: R+25.7 2012: R+4.5 2008: D+6.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -11.12%
• Current HPI: 302.7437
• Rent YoY: ▲ 7.88%
• Metro: Indianapolis-Carmel-Anderson, IN
• State GDP YoY: ▲ 2.90%
• F500 in state: 18

Industry mix (Fortune 500 HQ in IN)

Industry	F500 HQs	Revenue
▸Industrial Machinery	2	$37B
▸Healthcare	1	$177B
▸Pharmaceuticals	1	$45B
▸Metals / Steel	1	$18B
▸Agriculture	1	$17B
▸Packaging	1	$12B

Price history

+165.3% since first listed

26 events — show timeline

• 2026-03-10 Relisted — MIBOR as Distributed by MLS Grid
• 2026-03-09 Pending — MIBOR as Distributed by MLS Grid
• 2026-03-05 Price Changed $65,000 MIBOR as Distributed by MLS Grid
• 2025-09-30 Price Changed $74,000 MIBOR as Distributed by MLS Grid
• 2025-09-30 Relisted — MIBOR as Distributed by MLS Grid
• 2025-09-04 Listing Removed — MIBOR as Distributed by MLS Grid
• 2025-05-20 Price Changed $80,000 MIBOR as Distributed by MLS Grid
• 2025-03-04 Listed $90,000 MIBOR as Distributed by MLS Grid
• 2022-11-04 Sold (MLS) $15,000 MIBOR as Distributed by MLS Grid
• 2022-10-11 Pending — MIBOR as Distributed by MLS Grid
• 2022-09-28 Price Changed $19,900 MIBOR as Distributed by MLS Grid
• 2022-09-02 Price Changed $22,900 MIBOR as Distributed by MLS Grid
• 2022-08-25 Price Changed $24,000 MIBOR as Distributed by MLS Grid
• 2022-08-09 Price Changed $27,900 MIBOR as Distributed by MLS Grid
• 2022-07-28 Price Changed $29,900 MIBOR as Distributed by MLS Grid
• 2022-07-15 Listed $34,900 MIBOR as Distributed by MLS Grid
• 2021-06-17 Sold (MLS) $10,000 MIBOR as Distributed by MLS Grid
• 2021-06-08 Pending — MIBOR as Distributed by MLS Grid
• 2021-06-01 Price Changed $12,900 MIBOR as Distributed by MLS Grid
• 2021-05-20 Price Changed $13,900 MIBOR as Distributed by MLS Grid
• 2021-05-05 Price Changed $14,900 MIBOR as Distributed by MLS Grid
• 2021-04-28 Listed $15,500 MIBOR as Distributed by MLS Grid
• 2007-06-20 Listing Removed — MIBOR as Distributed by MLS Grid
• 2006-02-02 Listed $24,900 MIBOR as Distributed by MLS Grid
• 2005-12-13 Listing Removed — MIBOR as Distributed by MLS Grid
• 2004-07-27 Listed $24,500 MIBOR as Distributed by MLS Grid

Property tax history

+5.3%/yr

Latest (2024): $600 · +6.9% YoY. Source: county tax records.