1628 Sherman St Anderson, IN 46016
2
Beds
1
Bath
1,106
Sq Ft
3,100
Sq Ft Lot
Highlights
- Traditional Architecture
- Covered patio or porch
- 1-Story Property
- No HOA
- Eat-In Kitchen
- Forced Air Heating System
About This Home
As of March 2025Investor 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!
Last Agent to Sell the Property
Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 03/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $374
Year Built
- Built in 1950
Home Design
- Traditional Architecture
- Fixer Upper
- Aluminum Siding
Interior Spaces
- 1,106 Sq Ft Home
- 1-Story Property
- Combination Kitchen and Dining Room
- Crawl Space
- Attic Access Panel
- Eat-In Kitchen
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Additional Features
- Covered patio or porch
- 3,100 Sq Ft Lot
- Forced Air Heating System
Community Details
- No Home Owners Association
- Hazelwood Subdivision
Listing and Financial Details
- Assessor Parcel Number 481113203039000003
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 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
$50,000
Sold Price
$55,000
Premium/Discount to List
$5,000
10%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.59%
Original Mortgage
$84,500
Interest Rate
6.62%
Mortgage Type
Construction
Similar Homes in Anderson, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $84,500 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $55,000 | +10.0% | $50 / Sq Ft |
| 03/07/2025 03/07/25 | Pending | -- | -- | -- |
| 03/04/2025 03/04/25 | For Sale | $50,000 | -- | $45 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $402 | $18,100 | $3,800 | $14,300 |
| 2023 | $374 | $16,700 | $3,600 | $13,100 |
| 2022 | $374 | $16,700 | $3,500 | $13,200 |
| 2021 | $347 | $15,400 | $3,500 | $11,900 |
| 2020 | $328 | $14,500 | $3,300 | $11,200 |
| 2019 | $489 | $14,200 | $3,300 | $10,900 |
| 2018 | $305 | $13,200 | $3,300 | $9,900 |
| 2017 | $260 | $13,000 | $3,300 | $9,700 |
| 2016 | $260 | $13,000 | $3,300 | $9,700 |
| 2014 | $282 | $14,100 | $3,600 | $10,500 |
| 2013 | $282 | $14,100 | $3,600 | $10,500 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Stewart
Seller's Agent in 2025
Peter Stewart
Keller Williams Indpls Metro N
(317) 450-9202
40 in this area
433 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22024255
APN: 48-11-13-203-039.000-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Nearby Homes
- 403 W 17th St
- 0 W 17th St
- 507 Dr Martin Luther King jr Blvd
- 2025 Fairview St
- 803 W 12th St
- 1415 Locust St
- 416 W 21st St
- 903 W 22nd St
- 1609 Brown St
- 3125 Doctor Martin Luther King Jr Blvd
- 2225 Hendricks St
- 2232 Fairview St
- 0 Delaware St
- 1222 Nichol Ave
- 1209 W 22nd St
- 412 W 11th St
- 1430 W 14th St
- 408 W 11th St
- 340 W 11th St
- 711 W 24th St