$65,000
SOLD MAR 31, 2025

1304 E 27th St Anderson, IN 46016

3 Beds
1 Bath
1,386 Sq Ft
3,360 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

9% Above List Price

22 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Combination Kitchen and Dining Room
  • Covered patio or porch
  • Forced Air Heating System
  • Carpet

About This Home

As of March 2025

Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 8 doors across 7 properties, this particular property is a value-add single family 1.5 story home. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 1304 E 27th St on a corner lot, the home features 3 bedrooms and 1 bathroom, and there is an attached 1 car garage and carport, as well as a fully fenced rear yard for entertaining and privacy. 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 about one mile of downtown Anderson, these properties also benefit 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!

Last Agent to Sell the Property

Peter Stewart

Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 02/13/2025

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $888

Year Built

  • Built in 1885

Parking

  • 1 Car Attached Garage
  • Carport

Home Design

  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Carpet
  • Crawl Space
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Water Heater

Additional Features

  • Covered patio or porch
  • 3,360 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Pences East Lynn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481219201027000003
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$888

Year Built

Built in 1885

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1885
  • Building Area Total: 1386
  • Garage Y N: Yes
  • Lot Size Acres: 0.08
  • Subdivision Name: Pences East Lynn
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: peter@peterstewartrealty.com
  • Attribution Contact: peter@peterstewartrealty.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Water Heater
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Windows Vinyl
  • Living Area: 1386
  • Main Level Bedrooms: 2
  • Spa Y N: No
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1008
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 378
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fence Full Rear, Privacy
  • Foundation Details: Crawl Space
  • List Price: 59900
  • Patio And Porch Features: Covered Patio, Porch Open
  • Pool Private Y N: No
  • Property Condition: Fixer
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Carport
  • Garage Sq Ft: 312

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Laundry Features: Connections All
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 3360
  • Parcel Number: 481219201027000003
  • Acres: <1/4 Acre
  • Price Acre: 812500

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 888
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 444
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
Mar 28, 2025
Sold by
Set Sail Investments Llc
Bought by
Lighthouse Estates Llc
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
List Price
$59,900
Sold Price
$65,000
Premium/Discount to List
$5,100
8.51%
Total Days on Market
22
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.93%
Original Mortgage
$92,000
Interest Rate
6.83%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 5, 2018
Sold by
Jones Fisher Barbara H
Bought by
Meyer Citivest Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $92,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $65,000 +8.5% $47 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $59,900 0.0% $43 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $59,900 -- $43 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $973 $43,800 $3,800 $40,000
2023 $888 $39,700 $3,600 $36,100
2022 $895 $40,000 $3,400 $36,600
2021 $821 $36,500 $3,400 $33,100
2020 $789 $34,900 $3,200 $31,700
2019 $770 $34,000 $3,200 $30,800
2018 $633 $27,400 $3,200 $24,200
2017 $545 $27,200 $3,200 $24,000
2016 $608 $30,100 $3,200 $26,900
2014 $596 $29,500 $3,200 $26,300
2013 $596 $42,600 $3,200 $39,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22021294

MIBOR Broker Listing Cooperative®

APN: 48-12-19-201-027.000-003