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1202 Home Ave Anderson IN 46016 MLS 21965041

$70,000

Photo one of 1202 Home Ave Anderson IN 46016 | MLS 21965041
1202 Home Ave
Anderson, IN 46016 MLS# 21965041
  • Bedrooms

    3

  • Baths

    1

  • Sq. Feet

    1805

  • Year Built

    1849

  • Days on Market

    67

  • $/SqFt

    $39

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Home Description: 1202 Home Ave

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.

  • Property Type: Single Family
  • Style: Other
  • Basement: Yes
  • Acres: <1/4 Acre
  • Siding: Other

Available now at $70,000

Approximate Room Sizes / Descriptions

Primary Bedroom10x15Main
Bedroom 210x10Main
Bedroom 310x10Main
  • Interior Description: Windows Vinyl
  • Full Baths: 1
  • Num Fireplaces: 0
  • Primary Bedroom Description: See Remarks
  • Appliances: Other
  • Eating Area: Other Eating Area
  • Heating: Other
  • Cooling: Other
  • : jordanice@fmvrei.com

Neighborhood

The average asking price of a 3 bedroom Anderson home in this zip code is $121,436 (73.5% more than this home).

This home is priced at $39/sqft, which is 104.4% less than similar homes in the 46016 zip code.

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1202 Home Ave Anderson IN 46016

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School Information

  • School District:Anderson Community School Corp

Financial

  • Approx Payment:$348*
  • Semi Annual Taxes:$743

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 672-1120 and speak with one of our real estate consultants.

Listing Courtesy of Fair Market Value Investment Sales. For information or to schedule a viewing of this property (MLS# 21965041) located at 1202 Home Ave Anderson IN 46016, call: 317-672-1120

1202 Home Ave, Anderson IN is a single family home of 1805 sqft and is currently priced at $70,000 . This single family home has 3 bedrooms. A comparable home for sale at 2103 Arrow Ave in Anderson is listed at $65,000. This home on 1202 Home Ave has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Anderson, IN. Peach Place, Elmhurst and North Anderson are nearby neighborhoods. MLS 21965041 has been posted on this site since 2/21/2024 (66 days ago).

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