Action Required: No Wholesaler offers will be considered. Proof of funds and all contracts must be in the name of the end user. All showings require proof of funds, no exceptions. Financing Type: Cash, Conventional Financing Keep it as a rental and raise rents to fair market value (Shortage of Section 8 Housing in Anderson. See upside remarks below) Current Status: Vacant Upside Potential: According to the 2024 HUD Fair Market Rents (FMRs) for the 46016 Zip Code, there is substantial room for rent increase, with the potential to raise total rent to $1,468. Property can be sold as a package deal. (See remarks below) Listing Broker has a spreadsheet with underwriting analysis on investment property, PDF copy of the underwriting on file. If represented by an outside agency, connect your representative. In order to receive financial information and data analysis buyers must register through the listing broker even if represented by an outside agency. Please note: Interior of property has not been examined due to limited access. All financial projections and data are based on available information and should be independently verified by the buyer. Once under contract, buyers may conduct physical inspection to verify the condition of property. Property is being sold as-is. Package: 2203-2205 George St (Duplex), 1818 Broadway, 1405 W 4th St, 1202 Home Ave, 1124 Home Ave, 1304 E 27th St, 125 E 35th St, 2939 Columbus Ave. All investment properties can be bought as a package or individually. See MLS listings.
Sold
$45,000
1124 Home Ave, Anderson, IN 46016
3beds
1,476sqft
Residential, Single Family Residence
Built in 1924
2,178 Square Feet Lot
$48,600 Zestimate®
$30/sqft
$1,050 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: April 25, 2024 at 08:52am
Listing Provided by:
Jordan Ice jordanice@fmvrei.com,
Fair Market Value Investment Sales
Bought with:
Stuart Houghton
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 21965050

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Other
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 2
- Features: Other
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Features: Other
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10
Heating
- Other
Cooling
- Other
Appliances
- Included: Other
Features
- Windows: Windows Vinyl
- Has basement: Yes
- Number of fireplaces: 1
- Fireplace features: Other
Interior area
- Total structure area: 1,476
- Total interior livable area: 1,476 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,178 sqft
Details
- Parcel number: 481113101125000003
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential, Single Family Residence
Materials
- Other
- Foundation: See Remarks
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Water: Other
Community & neighborhood
Location
- Region: Anderson
- Subdivision: Fletcher & Williams
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Estimated market value
$48,600