No Wholesaler offers will be considered.

Proof of funds and all contracts must be in the name of the end user. 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 for 3 Beds.

Listing Broker has a spre adsheet with underwriting analysis on investment property (PDF copy of the underwriting on file). Please note: All financial projections and data are based on available information and should be independently verified by the buyer. Property is being sold as-is. Reach out to listing broker with any questions or to receive a copy of the investment underwriting analysis. Property is vacant and showings will automatically be approved through BrokerBy.

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on 1304 E 27th St
in Anderson, IN
Presented by Jordan Ice at
Fair Market Value Investment Sales.


Property MLS #21965058 from MIBOR

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 3
Bedrooms On Main Level: 2
Bedrooms On Upper Level: 1
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: Upper

+ Other Rooms

Total Rooms: 3

+ Bathrooms

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

+ Interior Features

Windows Vinyl

+ Kitchen and Dining

Dining Area Description: Other Eating Area

+ Land Info

Lot Size Acres: 0.08
Lot Size Square Feet: 3484

+ Garage and Parking

Garage Spaces: 1
Parking Features: Attached, Carport
Garage Sqft: 312

+ 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 2.2 miles away.
Map directions

Valley Grove Elementary School is a public elementary school located approximately 2.8 miles away.
Map directions

Highland Jr High School is a public middle school located approximately 3.7 miles away.
Map directions

Liberty Christian School (7-8) is a private middle school located approximately 0.3 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: Pences East Lynn
Parcel Number: 481219201027000003
Postal Code Plus 4: 5514
Subdivision: Pences East Lynn
Township: Anderson
Property Subtype: Single Family Residence
Lot Number: 028
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$36,600 + $3,400 $40,000	$894
2021	$33,100 + $3,400 $36,500	$821
2020	$31,700 + $3,200 $34,900	$808
2019	$30,800 + $3,200 $34,000	$769
2018	$24,200 + $3,200 $27,400	$633
2017	$24,000 + $3,200 $27,200	$545
2016	$26,900 + $3,200 $30,100	$608
2015	$26,900 + $3,200 $30,100	$608
2014	$26,300 + $3,200 $29,500	$596
2013	$26,300 + $3,200 $29,500	$595
2012	$38,800 + $3,200 $42,000	$846
2011	$28,700 + $6,900 $35,600	$712
2010	$28,700 + $6,900 $35,600	$1,795
2008	$29,800 + $7,500 $37,300	$223
2006	$28,700 + $5,800 $34,500	$335

+ Reveal Property Sale History

Relisted 2024-07-16
$65,000
MIBOR

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Listing removed 2024-07-15
$60,000
MIBOR

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Listing removed 2024-07-03
$60,000
MIBOR

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Listing removed 2019-01-14
$0
MIBOR

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Sold 2018-12-12
$40,000
Public Record

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Price Changed 2018-10-19
$45,000
MIBOR

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Listed 2018-09-10
$49,900
MIBOR

+ Building and Construction

Total Square Feet Living: 1386
Year Built: 1885
Levels: Two
Property Age: 139
Total Area Main: 1386