Henry County, Middletown, IN 47356

PROPERTY OVERVIEW Address: 1397 Locust St, Middletown, IN 47356 Type: Single-Family Home Bedrooms/Bathrooms: 5 Bed / 2 Bath Living Area: Approx. 1,782 Sq Ft Stories: 2 Basement: Full Basement Garage: 2-Car Garage PROPERTY HIGHLIGHTS This 5-bedroom, 2-bath home offers a solid value-add opportunity with several major improvements already completed. Recent updates include a new furnace, new water heater, new gas line, new meter base, repaired water lines, and partial wood flooring. The roof and foundation also appear to be in good condition. The remaining work is primarily interior renovations and cosmetic updates, making this a strong candidate for a fix-and-flip, BRRRR, or long-term rental. With nearly 1,800 square feet, a full basement, and a 2-car garage, there's plenty of room to add value and maximize returns. Conveniently located about 1 hour northeast of downtown Indianapolis and just minutes from Anderson and Muncie, the property offers easy access to major employment hubs, shopping, dining, and regional amenities while maintaining the affordability of a smaller community. REPAIRS NEEDED Replace kitchen sink Renovate kitchen and bathrooms Paint throughout Update flooring and fixtures General interior modernization INVESTMENT SUMMARY Many of the costly mechanical updates have already been completed, allowing investors to focus on the interior improvements that drive value. This property offers multiple exit strategies and the potential to build significant equity through renovation.