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2209 Drexel Drive

Anderson, IN 46011

2 beds
1 bath
733 sqft
7,500 sqft lot
$75 per sqft
1939 build

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Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 6 doors across 5 properties, this particular property is a value-add single family ranch home. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 2209 Drexel Dr, the home sits on an ample flat lot on a quiet dead end street. The home has 2 bedrooms, 1 bathroom, a formal living room, formal dining room, spacious kitchen, and a full unfinished basement. All properties in this portfolio are vacant, offering a blank canvas for renovations. Condition levels vary, and the pricing reflects their as-is status-giving savvy investors a prime opportunity to add value and maximize returns. Located within about one mile of downtown Anderson, these properties also benefit from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with cash-flowing rentals or prefer a BRRRR or flip strategy, this package provides a golden chance to invest in a rapidly improving area. Capitalize on this unique opportunity and grow your real estate portfolio today!

Listing courtesy of MIBOR / Keller Williams Indpls Metro N

Last checked: Checking… • Last updated Apr 23, 2025 •

MLS# 22030562 —

The Building

Year Built:

1939
New Construction:

false
Construction Materials:

Aluminum Siding
Architectural Style:

Ranch
Levels:

One
Basement:

true
Basement:

Full
Foundation Details:

Block
Patio And Porch Features:

Covered Porch
Accessibility Features:

No
Green Certification:

No
Building Area Total:

1466

Interior

Rooms:

6
Rooms Total:

6
Rooms Total:

6
Interior Features:

Attic Access
Kitchen Features:

Kitchen Galley
Eating Area:

Dining Combo/Living Room

Room Dimensions

SqFt:

733
Main Level SqFt:

733
Living Area:

733

Financial & Terms

Buyer Financing:

Cash

Location

Directions:

GPS Friendly
Latitude:

40.093824
Longitude:

-85.721458

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

481115304019000003
Acres:

<1/4 Acre
Lot Size Acres:

0.17
Lot Size SqFt:

7,500 Sqft
Price Per Acre:

323529
Property Condition:

Fixer
Additional Parcels:

false
View:

false
Waterfront:

false
Horse Amenities:

None
Fence:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Exemptions:

None
Semi Annual Property Tax Amt:

301

Beds

Beds:

2
Bedrooms:

2
Bedrooms Total:

2
Main Level Bedrooms:

2

Baths

Baths:

1
Full Baths:

1
Full Baths:

1
Full Baths Main:

1

Heating & Cooling

Heating:

Forced Air, Natural Gas
Cooling:

None

Utilities

Utilities:

Electricity Connected, Sewer Connected, Water Connected
Water Source:

Municipal/City
Solid Waste:

Yes

Appliances

Appliances:

Gas Oven

Schools

High School District:

Anderson Community School Corp

The Community

Subdivision Name:

No Subdivision
Spa:

false
Pool Private:

false
Association:

false

Parking

Parking Features:

Detached
Garage:

true
Garage Spaces:

1
Garage SqFt:

320

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$141/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
4/21/25 Apr 21, 2025	Sold	MIBOR	$55,000	-6.8%
4/7/25 Apr 7, 2025	Pending	MIBOR	$59,000
4/3/25 Apr 3, 2025	Listed / Active	MIBOR	$59,000

House Sold on 4/21/2025

$55,000

Listing provided by broker:

Peter Stewart

Keller Williams Indpls Metro N

peter@peterstewartrealty.com

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Listing Courtesy of: MIBOR and Keller Williams Indpls Metro N.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service

2209 Drexel Drive

Anderson, IN 46011