1304 E 27th Street
Anderson, IN 46016

  • 3 beds
  • 2 baths
  • 1,386 sqft
  • 3,360 sqft lot
  • $43 per sqft
  • 1885 build

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.

Metropolitan Indianapolis Board of Realtors logo Listing courtesy of MIBOR / Fair Market Value Investment Sales

Last checked: Checking… • Last updated Mar 14, 2024 •

MLS# 21965058 —

Monthly cost estimate

1304 E 27th Street

Asking price

$60,000

Expense Monthly cost
Mortgage

$321

Taxes $149
Insurance $16
Utilities $193 See report
Total $679/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
2/21/24
Listed / Active MIBOR $60,000

Finding records…

No additional history available

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Listing provided by broker:

Jordan Ice

Fair Market Value Investment Sales

jordanice@fmvrei.com

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This house located in Anderson, IN 46016 is currently for sale for $60,000. 1304 E 27th Street is a 1,386 square foot house with 3 beds and 2 baths. This house is in the attendance area of Anderson High School, Valley Grove Elementary School, Highland Middle School, and Killbuck Kindergarten Extension.

Metropolitan Indianapolis Board of Realtors logo Listing Courtesy of: MIBOR and Fair Market Value Investment Sales.

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