1202 Home Avenue Anderson, IN $ 70,000
1202 Home Avenue
$ 70,000
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1202 Home Avenue

Anderson, IN, 46016
$ 70,000
Bedrooms3 Baths1.0 Sq 1,805

Monthly Estimate*

$ 489

1202 Home Avenue, Anderson, IN 46016 - Image 1
1202 Home Avenue, Anderson, IN 46016 - Image 2
1202 Home Avenue, Anderson, IN 46016 - Image 3
1202 Home Avenue, Anderson, IN 46016 - Image 4
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1202 Home Avenue, Anderson, IN 46016 - Image 6

Single Family Home for sale in Anderson, IN

for $70,000 with 3 bedrooms and 1 full bath. This 1,805 square foot home was built in 1849 on a lot size of 0.24.

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) 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 tenant occupancy. 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.

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Single Family Active

Price

$ 70,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,486

Style

Lot Size

0.24

Year Built

1849

Town/City

Anderson

County/Region

Madison

MLS | Web ID

21965041

Features
General
Interior Features Windows Vinyl
Heating Other
Cooling Other
Possession Closing
Appliances Other
Garage Spaces 1
Architectural Style Other
Construction Materials Other
Year Built 1849
Township Anderson
Levels One
Property SubType Single Family Residence
Tax Year 2023
County Madison
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name Fletcher & Williams
Garage Y/N N
Total Rooms 3
Status Active
Directions GPS Friendly
City Anderson
Buyer Agent Compensation 2.5
High School District Anderson Community School Corp
MLS Area 4813 - Madison - Anderson SE
Lot Size Square Feet 10500
Street Name Home
Property Attached Y/N N
Middle/Junior High School Highland Middle School
Days on Market 15
Standard Status Active
Tax Lot 006
Buyer Agent Compensation Type %
Legal Description Harlans N2 0.0000Acres Str: 00000 Section: Plat: 35 In: Out:
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Interior
Total Fireplaces 0
Basement (Y/N) Y
Full Baths 1
Half Baths 0
Street Suffix Avenue
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 3
Total Baths 1
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Exterior
Water Source Other
Foundation Details Other
Building Area Total 1805
Lot Size Acres 0.24
Horse Amenities None
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* Excluded Features
List By
Fair Market Value Investment Sales

Broker

jordanice@fmvrei.com

Email

Affordability Calculator

$613
Per Month
80%
20%
0%
Monthly Principal & Interest
$489
Monthly Property Taxes
$124
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4044991 Elementary School
4490853 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2024$70,000 Listed Price

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1202 Home Avenue, Anderson, IN, 46016 is a Single Family Home for sale at $70,000 with 1,805 sqft and a lot size of 0.24. 1202 Home Avenue has 3 bedrooms, 1.0 baths, and was built in 1849. The property's zip code is 46016 which is in Anderson, IN