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Sold
  • $51,000

    2203-2205 George St, Anderson, IN 46016

    2beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1895
    -- sqft lot
    $62,500 Zestimate®
    $--/sqft
    $1,040 Estimated rent

    Home value

    $62,500

    $50,000 - $78,000

    $1,040/mo

    Zestimate® history
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    What's special

    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: Only cash offers will be considered Fix it up and keep it as a rental and raise rents to fair market value (Shortage of Section 8 Housing in Anderson. See upside remarks below) 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 $1,736 for both sides. 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 buyer must register through the listing broker even if represented by an outside agency. Please note: Interior of property has not been examined due to distressed conditions 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.

    Zillow last checked: 7 hours ago

    Listing updated: April 25, 2024 at 08:54am

    Listing Provided by:

    Jordan Ice 317-743-7934,

    Fair Market Value Investment Sales

    Bought with:

    Abigaly Rangel

    eXp Realty, LLC

    Bernardo Albarran

    eXp Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 21964988MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Features
    • Has basement: No

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 5,662 sqft
    Details
    • Parcel number: 481218303131000003

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Condition
    • New construction: No
    • Year built: 1895

    Community & neighborhood

    Location
    • Region: Anderson
    • Subdivision: Jacksons Outlot

    Price history

    DateEventPrice
    4/24/2024Sold$51,000-7.3%
    Source: MIBOR as distributed by MLS GRID #21964988 Report a problem
    3/20/2024Pending sale$55,000
    Source: MIBOR as distributed by MLS GRID #21964988 Report a problem
    2/21/2024Listed for sale$55,000+67.2%
    Source: MIBOR as distributed by MLS GRID #21964988 Report a problem
    4/28/2020Listing removed$32,900
    Source: Berkshire Hathaway Home Services Indiana Realty #21676338 Report a problem
    4/24/2020Pending sale$32,900
    Source: Berkshire Hathaway Home Services Indiana Realty #21676338 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 46016

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Highland Middle School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $62,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $62,500