c.1960 Indiana Handyman Special $59,900
$59,900
Indiana handyman special that features a nice fenced yard complete with a small storage shed—ready for your personal touch. Come take a look… this just might be your next great project!
Realtor Comments
CASH ONLY, AS-IS . . .Looking for a fixer-upper with lots of potential or a nice investment property . . .then check out this home that features 2 bedrooms, 1 full bath, large living room, dining room and a eat-in kitchen. The stove, refrigerator, dishwasher and washer & dryer stay.
- 2bed
- 1bath
- Circa 1960
408 W 4th St, Anderson, IN 46016 $59,900
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.
Pros
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Affordable cost of living & housing
Anderson’s cost of living is ~21% below the national average. Median home values are ~$113K–$126K, and rent averages $628–$910/month—significantly lower than U.S. norms -
Strong sense of community & Midwestern hospitality
Known for its Hoosier charm, Anderson offers a close-knit atmosphere where “everyone knows everyone”—especially in the revitalizing downtown area -
Good outdoor and recreational options
Plenty of green spaces like Mounds State Park, White River trails, canoeing, kayaking, plus local attractions like Anderson Speedway and Hoosier Park Racing -
Decent schools & education access
Anderson Community Schools earn C– grades, Anderson High gets a B–, and the community benefits from private options and proximity to Anderson University and Ivy Tech -
Reasonable commute & connectivity
Average commute is around 21 minutes, with easy access to I‑69 and about 45 minutes to Indianapolis
⚠️ Cons
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High crime rates
Crime is notably above average—your combined risk of victimization is approximately 1 in 30. Violent crime (1 in 236) and property crime (1 in 34) are especially elevated; vehicle theft is a major concern -
Economic challenges & poverty
Poverty affects ~23–25% of residents, median household income is ~$37–48K, and unemployment (~6.5%) remains higher than the national rate -
Declining industry and mixed job market
After a factory decline (notably GM), the local economy relies heavily on healthcare, manufacturing, and service jobs. Specialized career growth can be limited -
Spotty amenities and uneven revitalization
Many neighborhoods show signs of blight and underinvestment. Good pockets exist—like downtown or greener outskirts—but amenities and upkeep are uneven
