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🏚️ Full Rehab Deal with Extra Land 📈 – 3502 Hamilton Pl, Anderson, IN 46013 For Sale

  • $98,000
  • 3 beds
  • 2 baths
  • 1554 sqft

Heavy value-add opportunity in the Lowmandale area with multiple lots included and strong upside potential 📈

This 1925-built single-family home features 3 bedrooms, 2 baths, and 1,554 sq ft, sitting on a combined .43-acre lot (18,750 sq ft) across three parcels — a rare setup offering added land value and flexibility.

📈 Nearby as-is sales range from $115K–$168K, with additional upside driven by lot value and improved finishes.

🔧 Mechanics:

  • Roof — 20 years old 🏠
  • Furnace — 12 years old 🔥
  • A/C — Needs replacement ❄️
  • Water Heater — 5 years old 🚿
  • Wood windows 🪟
  • Unfinished basement foundation 🧱

🚗 2-car detached garage
🌳 .43-acre combined lot (3 parcels) = strong land value upside
🏗️ Attic access with potential to add additional living space (loft/bedroom conversion)

🔌 Utilities through Anderson City & CenterPoint (electric, water, gas, sewer)

With added land, expansion potential, and strong spread, this property is ideal for investors looking to take on a full rehab and maximize value 🔑💸

📊 Recent Neighborhood Comps:

  • 3608 Burton Pl — 3/1, 1,443 SF, cash, as-is, 13 DOM, $115K
  • 3410 Forest Ter — 2/1, 672 SF, as-is, $120K
  • 3701 Hamilton Pl — 4/1, 1,916 SF, as-is (dated), 3 DOM, $135K
  • 3734 Forest Ter — 4/2, 1,325 SF, as-is, 2 DOM, $152K
  • 1505 E 30th St — 3/2, 1,432 SF, 12 DOM, $168K
  • 0 Burton Pl — vacant lot, 0.17 acres, $25K

 

Please do not disturb the occupants. Contact us for showing details.All of our properties are sold “AS IS, WHERE IS” and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year. All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 317-653-6245.

Realtors, we love working with you, please add your fee on top of our price.

Price:
$98,000
Address:
3502 Hamilton Pl
Anderson, Indiana 46013
Square Feet:
1554
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1925

Call 317.653.6245 for more details

Property Location