1202 Home Ave

Anderson, IN 46016 View Map $70,000 Schedule a Tour
Beds3
Baths1
Sq.Ft.1,805
Year1849
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Streamlined Realty

Streamlined Realty

(317) 721-2274
 
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Status: Active
Property Type:Single Family Residence
MLS #:21965041
Sq. Feet:1,805
On Site:56 Days
Lot Size:10,500 Sq. Ft.
County:Madison
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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Detailed Maps

Community Information

Address:1202 Home Ave, Anderson, IN 46016
County:Madison
Township:Anderson
Zip Code:46016

School Information

Architecture

Bedrooms: 3
Bathrooms: 1
Year Built:1849
Stories:One
Basement: Yes
Garage Spaces: 1

Features / Amenities

Interior Features: Windows Vinyl
Eating Area(s): Other Eating Area
Total Rooms:3

Rooms

LevelSizeFeatures
Bedroom 3Main10 X 10Other
Bedroom 2Main10 X 10Other
Primary BedroomMain10 X 15Other

Property Features

Lot Size: 0.24 Acres / 10,500 Sq. Ft.
Directions:GPS Friendly
Total Sq. Ft.: 1805
Main Level Sq. Ft.: 1444

Tax and Financial Info

Tax Year: 2023
Semi-Annual Property Tax: 743
Possession: Closing
Legal Description: Harlans N2 0.0000Acres Str: 00000 Section: Plat: 35 In: Out:
Association: No

Schools

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1202 Home Ave Anderson,  IN 46016
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1202 Home Ave Anderson, IN 46016
 
ASAP
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Apr
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Apr
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Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 4/16/2024
Listing provided courtesy of Fair Market Value Investment Sales ([email protected]).
Information Deemed Reliable But Not Guaranteed. © 2024 Metropolitan Indianapolis Board of REALTORS®.