Available
$49,900(ARV: $180,000)31% of ARV

Madison County, Anderson, IN 46012

3 bd1 ba1,332 sfBuilt 1889

10 days ago

Gross spread$125,000

Description

For more details, Call/Text Lily: [contact details hidden] 3 Bed, 1 Bath, 1,332 SF two-story home on a 7,688 SF lot, built in 1889, with an oversized detached 1-car garage, shed, and covered front porch. Vacant and recently rented, the property features a good-condition crawlspace foundation, updated vinyl siding and windows, a newer deck, and a roof in good condition with minor repairs needed. Electrical is functional, with a working furnace approximately 6–8 years old and a 1-year-old water heater. Previous storm-water intrusion caused by a city sewer backup was addressed; affected areas were stripped and dried, and the drainage issue was corrected. Main rehab includes first-floor drywall and insulation, flooring, kitchen and bathroom updates, and minor subfloor repairs. Additional work includes gutter repairs, a broken window, and exterior touch-ups. Potential to add a second bathroom for additional value.

Price and status history

  1. $55,000 → $49,900−$5,100
    Oct 28, 2026 · 3d ago

Observed by our own harvest of the originating listing, not a public record.

$/sqft vs market

This deal$37/sqft
Market median$117/sqft
Difference−68% below

Median of 6 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms1
Square feet1,332
Lot size7,667 sf
Year built1889
ConditionLight Rehab
OccupancyVacant
ParkingDetached Garage

Systems & condition

Roof age11-20 yrs
HeatingOther
Air conditioningNone
FoundationCrawlspace
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Property information

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