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$44,000   Price Analysis
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2255 Arrow Ave
Anderson, IN 46016
3 bed 1 bath 872 SqFt ($50/SqFt)
5,227SqFt lot. Built 1926
Listed 2024-03-22, Taxes $288
Ⓧ USDA Ineligible
due to location

near Anderson

INVESTOR ALERT!

* Sale Pending *

TURNKEY RENTAL OVER THE 1% RULE!! Come see this low-priced single family 3br/1ba ranch home located in the heart of Anderson. Very convenient location blocks into downtown and less than 10min to the newly remodeled casino. The property is tenant ccupied and they are paying $800/mo (mo to mo). The home does need repairs and along with some cosmetic updating inside and out it could really shine and it's value and the rent could be improved!

Property is professionally managed by Full Spectrum. Add this property to your rental portfolio and start cash flowing from day 1!


Presented by Peter Stewart at
Keller Williams Indpls Metro N.
Listing Agent Photo

Property MLS #21968629 from MIBOR

Bedrooms: 3
Bedrooms On Main Level: 3
Primary Bedroom Dimensions: 10 x 10
Bedroom 2 Dimensions: 10 x 10
Bedroom 3 Dimensions: 10 x 10
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main

Total Rooms: 6
Living Room Dimensions: 12 x 12
Living Room Level: Main

Total Bathrooms: 1
Full Bathrooms: 1
Full Bathrooms On Main Level: 1

Attic Access

Electric Oven
Refrigerator
Laundry Features: Connections All

Heating Features: Forced Air

Dining Area Description: Other Eating Area
Kitchen Dimensions: 8 x 8
Kitchen Level: Main

Patio And Porch Features: Covered Porch

Lot Size Acres: 0.12
Lot Size Square Feet: 5227

Garage Spaces: 1
Parking Features: Detached

High School District: Anderson Community School Corp

Anderson Elementary School is a public elementary school located approximately 0.7 miles away.
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Anderson High School is a public high school located approximately 2 miles away.
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Highland Jr High School is a public middle school located approximately 4.8 miles away.
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Holy Cross School is a private elementary and middle school located approximately 1 miles away.
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Calculated Total Monthly Association Fees: 0

Source Listing Status: Pending
County: Madison
Directions: GPS Friendly
Tax Year: 2022
Source Property Type: Residential
Area: 4810 - Madison - Anderson NW
Source Neighborhood: Jackson Park
Parcel Number: 481114304046000003
Postal Code Plus 4: 3844
Subdivision: Jackson Park
Township: Anderson
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$10,000 + $2,900
$12,900
$288
2021$9,400 + $2,900
$12,300
$276
2020$9,000 + $2,800
$11,800
$266
2019$8,600 + $2,800
$11,400
$257
2018$8,000 + $2,800
$10,800
$249
2017$7,900 + $2,800
$10,700
$331
2016$7,900 + $2,800
$10,700
$214
2015$13,000 + $3,000
$16,000
$320
2014$12,800 + $3,000
$15,800
$316
2013$12,800 + $3,000
$15,800
$316
2012$12,600 + $3,000
$15,600
$312
2011$7,700 + $2,100
$9,800
$196
2010$7,700 + $2,100
$9,800
$494
2008$22,100 + $2,300
$24,400
$864
2006$22,900 + $2,100
$25,000
$836

Price Changed 2024-04-16
$44,000
MIBOR
Listed 2024-03-22
$49,000
MIBOR

Total Square Feet Living: 872
Year Built: 1926
Construction Materials: Vinyl Siding
Foundation Details: Crawl Space
Levels: One
Property Age: 98
Property Condition: Fixer
Total Area Main: 872
Architectural Style: Bungalow

Water Source: Municipal/City
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house_viewhouse_viewhouse_viewkitchenliving_room
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.