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1628 Sherman Street

Anderson, IN 46016
  • $50,000
  • STATUS: Pending
  • ON SITE: 18 Days
  • MLS #: 22024255
Under Contract
UPDATED: 18 min ago
$50,000
  • 2
    BEDS
  • 0.07
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,106
    SQFT
  • $45
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1950
County:

School Ratings & Info

School District:

Description

Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 8 doors across 7 residential properties, this particular property is a lovely single-family ranch home. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 1628 Sherman St, the home features 2 bedrooms and 1 bathroom, and it needs a complete renovation to bring it to its former glory. 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 blocks of downtown Anderson and the St Vincent hospital, this property also benefits 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!

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© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2025-03-23T00:24:56.333. 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.
Click here for MLS GRID DMCA Notice
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1628 Sherman Street Anderson, IN 46016

  • Price: $50,000
  • Status: Pending
  • On Site: 18 Days
  • Updated: 18 min ago
  • MLS #: 22024255
2
Beds
1
Baths
0
½ Baths
0.07
Acres
1,106
SQFT
$45
$/SQFT
1950
Built
Neighborhood:
Hazelwood
County:
Madison
Area:
4810 - Madison - Anderson NW
School District:
Anderson Community
Property Description
Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 8 doors across 7 residential properties, this particular property is a lovely single-family ranch home. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 1628 Sherman St, the home features 2 bedrooms and 1 bathroom, and it needs a complete renovation to bring it to its former glory. 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 blocks of downtown Anderson and the St Vincent hospital, this property also benefits 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!
Exterior Features

Architectural Style TraditonalAmerican Construction Materials Aluminum Siding Foundation Details Crawl Space Garage YN No Horse Amenities None Levels One Porch Covered Porch View YN No Waterfront YN No

Interior Features

Appliances Refrigerator Basement YN No Building Area Total 1106 Cooling None Eating Area Dining Combo/Kitchen Fireplaces Total 0 Full Baths Basement 0 Full Baths Main 1 Full Baths MU 1 Full Baths Upper 0 Half Baths Basement 0 Half Baths Main 0 Half Baths MU 0 Half Baths Upper 0 Heating Forced Air Interior Features Attic AccessEat-in Kitchen Main Level Bedrooms 2 Main Level Sq Ft 1106 Rooms Kitchen (Main Level 14X12) Primary Bedroom (Main Level 14X14) Bedroom 2 (Main Level 14X12) Living Room (Main Level 14x10) Rooms MU 5 Rooms Total MU 5 Spa YN No Sq Ft MU 1106 Upper Sq Ft 0

Property Features

Accessibility Features YN No Acres <1/4 Acre Association YN No Dpr YN Yes Green Certification YN No New Construction YN No Other Equipment Not Applicable Possession Closing Property Attached YN No Property Condition Fixer Property Sub Type Single Family Residence Rooms Total 5 Semi Annual Property Tax Amt 187 Solid Waste Yes Special Listing Conditions As Is Tax Exemption None Tax Year 2024 Township Anderson Transaction Type Sale Water Source Municipal/City

Listing provided courtesy of Keller Williams Indpls Metro N: peter@peterstewartrealty.com. © 2025 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2025-03-23T00:24:56.333. 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.
Click here for MLS GRID DMCA Notice
 
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