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1124 Home AvenueAnderson, IN 46016Price: $45,000

  • Price: $45,000
  • Est. Mortgage of $/month
  • 55 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $45,000List Price
  • 3Bedrooms
  • 2Bathrooms
  • 0.05Acreage
  • 1,476Square Feet

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Listed by Jordan Ice of Fair Market Value Investment Sales (jordanice@fmvrei.com)
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) Current Status: Vacant 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 limited access. 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 Details of 1124 Home Avenue

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Based on information submitted to MIBOR as of April 15, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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