1304 East 27th Street

Anderson, IN 46016

$60,000
Price
3
Beds
2
Baths
1,386 Sq. Ft.
$43 / Sq. Ft.
1,386
Sq. Ft.
$43
per Sq. Ft.

Description

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 Financials: Currently leased out for a total of $750 per month Upside Potential: According to the 2024 HUD Fair Market Rents (FMRs) for the 46016...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 Financials: Currently leased out for a total of $750 per month 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 or individually. (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 tenant occupancy. 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.
  1. Listed by Jordan Ice • Fair Market Value Investment Sales • jordanice@fmvrei.com

Property Details for 1304 East 27th Street

Architectural Style
Other
Subdivision Name
Pences East Lynn
Township
Anderson

Location

Listing Courtesy of Fair Market Value Investment Sales
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LISTING UPDATED: 03/14/2024 06:30 PM

Property Details for 1304 East 27th Street

StatusActive
MLS #21965058
Days on Market72
Taxes$899 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1885
Lot Size0.08 AC / 3,484 SF
CountyMadison County

Location

Listing Courtesy of Fair Market Value Investment Sales
Add your commute

Building Information for 1304 East 27th Street

Stories-Year Built1885Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$477 per month

30 year fixed, 7.25% Interest

Principal and Interest

$327

Property Taxes

$150

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1304 East 27th Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46016
  • Postal Code Plus4: 5514
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 481219201027000003
  • Semi Annual Property Tax Amt: 899
  • Tax Year: 2023
  • TaxLot: 028
School Information
  • Middle Or Junior School: Highland Middle School
  • School District: Anderson Community School Corp
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage SqFt: 312
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 3360.0
  • Lot Size Acres: 0.08
  • Main Level SqFt: 1386
  • New Construction: False
  • Sqft Total: 1386.0
  • Sq Ft Total: 1386.0
  • Year Built Numeric: 1885
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Legal Subdivision: Commons 84' S End 0.0000Acres Str: 00000 Section: Plat: 06 In: Out:
  • Photos Count: 8
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
  • Water Source: Other
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
  • Foundation Details: See Remarks
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Other
  • Basement YN: No
  • Cooling: Other
  • Eating Area: Other Eating Area
  • Fireplaces Total: 0
  • Heating: Other
  • Interior Features: Windows Vinyl
  • Levels: Two
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3
  • Room and Features: Primary Bedroom-Main-Other, Bedroom 2-Main-Other, Bedroom 3-Upper-Other
  • Main Level Bedrooms: 2
  • Num Bedrooms Upper: 1
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 3
  • Rooms Total MU: 3
  • Total Rooms: 3
Room 1
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Features: Other
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Features: Other
  • Room Type: Bedroom 2
Room 3
  • Room Level: Upper
  • Room Dimensions: 10x10
  • Room Features: Other
  • Room Type: Bedroom 3
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 2
  • Full Baths Upper: 1
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 1304 East 27th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1304 East 27th Street

Taxable ValueLand$3,600Additions$36,100Total$39,700
Tax Record2022$1,798 ($150 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,386 SqFtAbove Grade Finished SqFt1,386 SqFtStories1Lot Size3,360 SqFtStyleSingle Family ResidenceYear Built1885CountyMADISONAPN48-12-19-201-027.000-003

Schools near 1304 East 27th Street

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 7 to 8
Public - 9 to 12
Public - 5 to 6
Rating
School
Distance
Valley Grove Elementary School
PublicK to 4

Highland Jr High School
Public7 to 8

Anderson High School
Public9 to 12

Anderson Intermediate School
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1304 East 27th Street is a single family home for sale in Anderson, IN 46016. This property was listed for sale on February 21, 2024 by Fair Market Value Investment Sales, it's currently listed at $60,000. This listing's school district is Anderson Community School Corp. Nearby schools include Valley Grove Elementary School, Highland Jr High School and Anderson High School. 1304 East 27th Street is a 3-bed, 2-bath, 1,386 sqft single family home built in 1885.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fair Market Value Investment Sales

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.