c.1907 Solid Brick Indiana Home Under $55K
$54,900
This sturdy brick Indiana home boasts a strong foundation and limitless potential for value enhancement. Spanning 1,130 sq ft, this 2-bedroom, 1-bath residence includes a generous living room that flows into the formal dining area, a roomy kitchen, and a rear bonus room complete with laundry hookups.
Realtor Comments
Opportunity knocks at 1428 W 4th St! The full unfinished basement-with daylight windows and an exterior stairway to the backyard-adds excellent expansion or storage potential. Outside, you’ll find a large front porch, a detached 1-car garage, and a fully fenced yard. Located just minutes from downtown Anderson and less than 10 minutes to Anderson University and 15 minutes to Harrah’s Hoosier Park Casino and racetrack, this home sits in an area seeing new revitalization-two nicely remodeled homes are directly across the street. With some cleanup and renovation, this property could shine again. Perfect for investors seeking a BRRRR project or a handy owner-occupant looking to build equity and make it their own. Estimated rent after rehab in the $900-$1, 000 range. Don’t miss this value-add opportunity! Seller will give $4k credit with reasonable offer!! Sold AS-IS.
- 2bed
- 1bath
- Circa 1907
1428 W 4th St, Anderson, IN 46016
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact Realtor: Peter Stewart
Pros
- Affordable Cost of Living
Housing and everyday expenses are generally lower compared to many urban areas, making it budget-friendly. - Community Spirit
Anderson has a welcoming atmosphere, with a strong sense of community and various local events that foster connection among residents. - Access to Nature
The city is near parks, lakes, and outdoor recreational areas, providing opportunities for hiking, fishing, and enjoying nature. - Cultural Activities
Anderson offers cultural attractions, including museums, theaters, and festivals that enrich the local experience. - Education Options
The area is home to several educational institutions, providing options for both K-12 education and higher learning.
Cons
- Limited Job Market
Employment opportunities can be restricted, particularly in specialized fields, which may require commuting to nearby cities for work. - Fewer Entertainment Choices
While there are some local amenities, options for nightlife and diverse entertainment can be limited compared to larger cities. - Public Services
Access to certain services, such as healthcare and public transportation, may not be as extensive as in more metropolitan areas. - Weather Variability
The region experiences a range of weather conditions, including cold winters and hot summers, which may not appeal to everyone. - Urban Decay
Some areas of the city may show signs of economic decline, with vacant properties and underdeveloped neighborhoods.
