1628 Sherman Street Anderson, IN 46016

Single Family Detached MLS #: 22024255 Courtesy Of Keller Williams Indianapolis Metro North

$50,000

2 beds | 1 baths | 1,106 sq ft
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Estimated monthly payments: $219/mo.* (recalculate)

Property InformationDescription

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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Features

  • Age: Over 50 Years Old
  • Appliances: Refrigerator
  • Architecture Style: Other
  • Exterior Type: Aluminum Siding
  • Heating System: Forced Air
  • Lot Size: 0.07 Acres
  • Rooms: Kitchen, Living Room

MAP & DIRECTIONS

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1628 Sherman Street, Anderson, IN 46016
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School Information

1628 Sherman Street, Anderson, IN 46016

Elementary School
Grades KG-4 | Public School
TENTH STREET ELEMENTARY SCHOOL
Anderson, IN 46012
3124 E 10th St
765.­641.2103
Distance: 2.8 mi
School Rating
C-
Student:Teacher Ratio
10:1
Total Students
531
Middle School
Grades 7-8 | Public School
HIGHLAND MIDDLE SCHOOL
Anderson, IN 46012
2108 E 200 N
765.­641.2059
Distance: 4.1 mi
School Rating
C+
Student:Teacher Ratio
15:1
Total Students
1003
High School
Grades 9-12 | Public School
ANDERSON HIGH SCHOOL
Anderson, IN 46013
4610 S Madison Ave
765.­641.2037
Distance: 2.3 mi
School Rating
C-
Student:Teacher Ratio
15:1
Total Students
1786
Other Nearby Schools Distance Type Grades School Rating
Excel Center - Anderson 0.4 mi Public 10-12 F
Holy Cross School 0.5 mi Private PK-8
Anderson Preparatory Academy 1.0 mi Public KG-12 D+
Liberty Christian School 1.3 mi Private 7-12
Anderson Elementary School 1.3 mi Public KG-4 D
Compass Alternative School 1.4 mi Public 7-10 D-
Liberty Christian Elementary School 1.9 mi Private PK-12
Southview Preschool Center 2.2 mi Public PK
Edgewood Elementary School 2.4 mi Public KG-4 D+
Anderson Intermediate School 2.6 mi Public 5-6 D+
Eastside Elementary School 2.6 mi Public KG-4 C-
Cross Street Christian School 2.7 mi Private PK-8
Anderson Christian School 2.7 mi Private PK-11
Erskine Elementary School 3.2 mi Public KG-4 D+
Indiana Christian Academy 3.5 mi Private PK-12
Valley Grove Elementary School 4.3 mi Public KG-4 D+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Anderson, IN 46016

Median Age: 34.8
Married: 25%
Number of Households: 7,300
Households with Children: 37.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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