NEW 18 HRS AGO

For sale

$145,000

Est. $869/mo —

•

2,918

sq ft

615 Chestnut St, Anderson, IN 46012

About this home

Located in Park Place within walking distance to Anderson University, this property offers versatility and potential! The main level features 2 bedrooms, 1 full bath, new vinyl flooring, a dining room, den, and laundry room conveniently located off the den. An attached 1-car garage adds everyday convenience. The property also includes an upstairs 1-bedroom apartment with separate rear parking, offering potential rental income or additional living space. Originally a 11/2-story single-family home, the property may offer the opportunity to convert it back to a single-family residence. A unique opportunity for homeowners, investors, or those looking for flexible living arrangements in a convenient location!

Single-familyProperty Type

1941Year Built

7,750 sq ftLot Size

$50Price/Sq.Ft.

1 car garageParking

Listed by Becky Boles • Carpenter, REALTORS®

Listing updated: Oct 24, 2026 at 06:09pm

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #22129626

Payment calculator

$869 per month

Principal and interest$801

Property taxes

HOA dues

Home insurance

$65

Utilities

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Open houses

No upcoming open houses.

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Around this home

Schools

K - 12
Preschool & daycare

Tenth Street Elementary School

Public K-5 • Assigned • 1.5mi

3/10

Highland Junior High School

Public 7-8 • Assigned • 2.7mi

5/10

Anderson High School

Public 9-12 • Assigned • 3.3mi

3/10

Provided by GreatSchools

About

Hillcrest

Hillcrest, located between downtown Anderson and Mounds State Park, is a residential and civic Anderson neighborhood with tree-lined streets and mid-century ranch homes. The neighborhood’s character concentrates around the Madison Avenue corridor near the Anderson University campus, where coffee counters, casual eateries, and campus foot traffic set a steady weekday rhythm. Anderson University anchors the area’s cultural calendar, while the Paramount Theatre Centre and the Anderson Museum of Art add a downtown arts circuit close by. Sidewalk blocks mix brick cottages with larger postwar homes, giving the streetscape a lived-in, architectural variety. Green space and river-adjacent trails shape daily routines, with park paths and open lawns framing the neighborhood’s quieter edges.

Provided by Walk Score and Local Logic

Market insights

615 Chestnut St · $145,000

DAYS ON MARKET

The average home goes pending in 51 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

LIST PRICE

Median sale price in this area is $214,556. (48% higher than this home)

PRICE DROP

30% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Painted woodwork

Bedrooms
3 bedrooms: 2 on the main level and 1 on the upper level

Bathrooms
2 full bathrooms: 1 on the main level and 1 on the upper level

Kitchen
Electric oven, refrigerator

Laundry & utility
Washer and dryer
Main-level laundry

Heating & cooling
Forced-air heating
Central air conditioning

Sale and tax history for 615 Chestnut St

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$31 (+2.0%)

$8,600 + $76,000

$84,600

2024

$31 (+2.0%)

$8,600 + $76,000

$84,600

2023

$30 (+2.0%)

$8,600 + $76,000

$84,600

2022

$30 (+2.0%)

$8,300 + $69,000

$77,300

2021

$29 (+2.0%)

$7,800 + $69,000

$76,800

2020

$28 (−65.7%)

$7,700 + $63,000

$70,700

2019

$83 (−87.6%)

$7,400 + $60,200

$67,600

2018

$667 (+7.9%)

$7,400 + $58,500

$65,900

2017

$618 (−1.0%)

$7,400 + $54,400

$61,800

2016

$624 (+7.6%)

$7,400 + $54,400

$61,800

2015

$580 (+5.8%)

$7,600 + $55,100

$62,700

2014

$548 (+1.3%)

$7,900 + $53,100

$61,000

2013

$541

$7,900 + $52,400

$60,300

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

62 ft.

Lot depth

125 ft.

Lot size

7,749 Sq. Ft.

Year renovated

1950

Finished Sq. Ft.

1,278

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,278

Year built

1941

Style

Single Family Residential

County

Madison County

APN

481207304147000003

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 28, 2026.

R-4

Residential District

The R4 District will permit residential use without limitation as to the number of families to be housed in a building so long as the prescribed lot area per family can be provided. Many multi-family dwellings and two-family dwellings occur in the R4 District, as well as many large older homes which would be suitable for conversion to multi-family use.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 18 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Anderson, IN • 46012

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

84/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.2 hrs

5.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 615 Chestnut St

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $115,000 and $245,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $115K to $245K.

SOLD SEP 17, 2026
$179,900 Last sold price
3 beds1.5 baths2,522 sq ft
232 Nursery Rd, Anderson, IN 46012
$21/sq ft
smaller lot
1 year older
SOLD SEP 18, 2026
$245,000 Last sold price
5 beds2.5 baths2,214 sq ft
1605 E 8th St, Anderson, IN 46012
$61/sq ft
29 years newer
SOLD SEP 16, 2026
$165,000 Last sold price
2 beds1.5 baths1,644 sq ft
139 Nursery Rd, Anderson, IN 46012
$50/sq ft
larger lot
3 years older
SOLD JUL 7, 2026
$125,000 Last sold price
4 beds2 baths2,856 sq ft
1101 E 10th St, Anderson, IN 46012
$6/sq ft
smaller lot
22 years older
SOLD JAN 9, 2026
$115,000 Last sold price
2 beds1 bath2,016 sq ft
506 E 5th St, Anderson, IN 46012
$7/sq ft
smaller lot
16 years older
SOLD DEC 1, 2025
$150,000 Last sold price
3 beds2 baths3,594 sq ft
639 Alexandria Pike, Anderson, IN 46012
$8/sq ft
larger lot
41 years older

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Early Access listings

EARLY ACCESSREDFIN COMING SOON

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EARLY ACCESSREDFIN COMING SOON

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New listings for sale in 46012

NEW 18 HRS AGO

$145,000

3 beds2 baths2,918 sq ft

615 Chestnut St, Anderson, IN 46012

FOR SALE BY OWNER

$274,900

2 beds2 baths— sq ft

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3 beds2 baths2,454 sq ft

371 E 300 N, Anderson, IN 46012

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2 beds1.5 baths1,272 sq ft

2935 E 6th St, Anderson, IN 46012

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Details provided by MIBOR as Distributed by MLS Grid and may not match the public record. Learn more.

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