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
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. normsStrong 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 areaGood 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 RacingDecent 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 TechReasonable commute & connectivity
Average commute is around 21 minutes, with easy access to I‑69 and about 45 minutes to Indianapolis
⚠️ Cons
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 concernEconomic challenges & poverty
Poverty affects ~23–25% of residents, median household income is ~$37–48K, and unemployment (~6.5%) remains higher than the national rateDeclining 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 limitedSpotty 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
