🟥🟩 Bocks Neighborhood Anderson- 528 Federal Dr, Anderson, IN 46013 Pending

Great value-add opportunity in Anderson with strong upside for investors looking to flip or add a cash-flowing rental to their portfolio. 📈

This 1943-built single-family home features 2 bedrooms, 1 bathroom, 855 square feet, a detached garage, and sits on a 6,500 sq ft lot.

Property Condition: Value-add opportunity requiring a full cosmetic renovation, including kitchen, bathroom, and major system updates.

🔧 Property Features:

• Unfinished basement
• Detached garage
• Roof – Age unknown
• Furnace – Age unknown
• Air Conditioner – Age unknown
• Water Heater – Age unknown
• Utilities: City water, city sewer, CenterPoint gas

💰 Market Rent: Approximately $1,000/month

📈 Nearby Comparable Sales:

• 4424 Columbus Ave – 2 Bed / 1 Bath, 1,132 SF – Sold for $82,500 (Cash, As-Is)
• 405 E 38th St – 2 Bed / 1 Bath, 1,108 SF – Sold for $156,000 (As-Is)
• 4005 Main St – 2 Bed / 2 Bath, 927 SF – Sold for $160,000 (As-Is)

Please do not disturb the occupants. Contact us for access details.

Property Disclosure

All properties are sold AS IS, WHERE IS. Buyers are responsible for completing their own inspections and due diligence prior to purchase. Properties are awarded to the highest and best offer.To secure an accepted contract, we require $5,000 non-refundable earnest money for cash purchases or $10,000 non-refundable earnest money when using hard money financing. Buyer is responsible for all closing costs, including the owner’s title insurance premium, and assumes any taxes due in November or May. Information provided is believed to be accurate but is not guaranteed. Buyers should independently verify all information before submitting an offer. To schedule a showing or submit an offer, reply to this email or call/text (317) 653-6245.

Agents: We welcome working with Realtors. Please add your commission on top of the advertised purchase price.