Action Required: No Wholesaler offers will be considered.

Proof of funds and all contracts must be in the name of the end user. Fix it up and keep it as a rental and raise re nts 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, 140. Property can be sold as a package deal. (See remarks below) Lsting 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 distressed conditions. 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. Package: 2317 Fletcher Ave ($95k with all 3 lots), 2512 Fletcher Ave ($35k), 1911 Noble St ($35k), 371 W Douglas St ($120k)

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on 2512 Fletcher St
in Anderson, IN
Presented by Jordan Ice at
Fair Market Value Investment Sales.


Property MLS #21966931 from MIBOR

+ Reveal additional info including schools and tax history

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+ Bedrooms

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

+ Other Rooms

Total Rooms: 2

+ Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3
Full Bathrooms On Main Level: 3

+ Interior Features

Windows Vinyl

+ Kitchen and Dining

Dining Area Description: Other Eating Area

+ Land Info

Lot Size Acres: 0.15
Lot Size Square Feet: 6534

+ School Information

High School District: Anderson Community School Corp
Middle School: Highland Middle School
+ Display Complete School Details

Anderson High School is a public high school located approximately 1.9 miles away.
Map directions

Erskine Elementary School is a public elementary school located approximately 2.7 miles away.
Map directions

Highland Jr High School is a public middle school located approximately 4 miles away.
Map directions

Liberty Chr High School is a private elementary, middle and high school located approximately 0.4 miles away.
Map directions

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Source Listing Status: Active
County: Madison
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential
Area: 4813 - Madison - Anderson SE
Source Neighborhood: Central Avenue Heights
Parcel Number: 481124101039000003
Postal Code Plus 4: 5335
Subdivision: Central Avenue Heights
Township: Anderson
Property Subtype: Single Family Residence
Lot Number: 013
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$20,300 + $7,800 $28,100	$629
2021	$18,500 + $7,700 $26,200	$590
2020	$17,600 + $7,300 $24,900	$563
2019	$17,100 + $7,300 $24,400	$552
2018	$15,400 + $7,300 $22,700	$524
2017	$21,200 + $7,300 $28,500	$571
2016	$21,200 + $7,300 $28,500	$2,855
2015	$21,200 + $7,300 $28,500	$1,577
2014	$20,500 + $7,300 $27,800	$559
2013	$20,500 + $7,300 $27,800	$559
2012	$20,200 + $7,300 $27,500	$553
2011	$28,500 + $4,300 $32,800	$662
2010	$28,500 + $4,300 $32,800	$1,654
2008	$30,500 + $4,200 $34,700	$1,230
2006	$31,600 + $4,000 $35,600	$1,271

+ Reveal Property Sale History

Listed 2024-03-05
$35,000
MIBOR

+ Building and Construction

Total Square Feet Living: 960
Year Built: 1924
Levels: One
Property Age: 100
Total Area Main: 960