1304 E 27th Street Anderson, IN $ 60,000
1304 E 27th Street
$ 60,000
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1304 E 27th Street

Anderson, IN, 46016
$ 60,000
Bedrooms3 Baths2.0 Sq 1,386

Monthly Estimate*

$ 419

1304 E 27th Street, Anderson, IN 46016 - Image 1
1304 E 27th Street, Anderson, IN 46016 - Image 2
1304 E 27th Street, Anderson, IN 46016 - Image 3
1304 E 27th Street, Anderson, IN 46016 - Image 4
1304 E 27th Street, Anderson, IN 46016 - Image 5
1304 E 27th Street, Anderson, IN 46016 - Image 6
1304 E 27th Street, Anderson, IN 46016 - Image 7
1304 E 27th Street, Anderson, IN 46016 - Image 8

Single Family Home for sale in Anderson, IN

for $60,000 with 3 bedrooms and 2 full baths. This 1,386 square foot home was built in 1885 on a lot size of 0.08.

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 Financials: Currently leased out for a total of $750 per month 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 or individually. (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

$ 60,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,798

Style

Lot Size

0.08

Year Built

1885

Town/City

Anderson

County/Region

Madison

MLS | Web ID

21965058

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 1885
Township Anderson
Levels Two
Property SubType Single Family Residence
Tax Year 2023
County Madison
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name Pences East Lynn
Garage Y/N Y
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 3360
Street Name 27th
Property Attached Y/N N
Middle/Junior High School Highland Middle School
Days on Market 23
Standard Status Active
Tax Lot 028
Buyer Agent Compensation Type %
Legal Description Commons 84' S End 0.0000Acres Str: 00000 Section: Plat: 06 In: Out:
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Exterior
Parking Features Attached Carport
Water Source Other
Foundation Details See Remarks
Building Area Total 1386
Lot Size Acres 0.08
Horse Amenities None
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Interior
Total Fireplaces 0
Basement (Y/N) N
Full Baths 2
Half Baths 0
Street Suffix Street
Total Bedrooms 3
Main Level Bedrooms 2
Total Baths 2
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* Excluded Features
List By
Fair Market Value Investment Sales

Broker

jordanice@fmvrei.com

Email

Affordability Calculator

$569
Per Month
74%
26%
0%
Monthly Principal & Interest
$419
Monthly Property Taxes
$150
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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Nearby
4044991 Elementary School
4490853 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2024$60,000 Listed Price

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1304 E 27th Street, Anderson, IN, 46016 is a Single Family Home for sale at $60,000 with 1,386 sqft and a lot size of 0.08. 1304 E 27th Street has 3 bedrooms, 2.0 baths, and was built in 1885. The property's zip code is 46016 which is in Anderson, IN