221 W 6th St, Anderson, IN 46016

Sold on 2/15/12: $4,000

Zestimate®: $52,245

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more | Post this home for sale for FREE

Est. Mortgage:

Estimated Monthly Payment

($800)
4.022%$15/mo
3.112%$22/mo
2.667%$13/mo

$15/mo 
  • Bedrooms:3 beds
  • Bathrooms:1.5 baths
  • Single Family:1,908 sq ft
  • Lot:7,200 sq ft
  • Year Built:1876
  • Last Sold:Feb 2012 for $4,000
  • Heating Type:Contact for details
Description
Investment opportunity with NO MONEY DOWN. I am selling an investment that I ran out of money on and can't pay the taxes anymore. My loss is your gain. The ideal situation would be for you to lease option the house until you rehab the house. Then you can refinance with NO MONEY DOWN and make at least $300/mo. Rents in this area are $600+ (conservatively) and this house would be great for any renter since there are 4 legal bedrooms with a possible 5th. Make an easy $300/mo net profit with this place after a full rehab. You will get your rehab money back in 5 years and have at least 40% equity. If you are an investor or handyman looking to buy investment property with the least amount of money possible, this is the place. The repair costs are estimated at $15,000 for everything. House could possibly be divided into two lots as well for additional return on investment. Check with city to verify. I am offering a 2 year lease option / purchase option at $300 per month with on option / purchase price of $35,000. Call today. All offers are entertained. Here is the listing: http://www.zillow.com/homedetails/221-W-6th-St-Anderson-IN-46016/80681963_zpid/ Here are detailed pictures: https://picasaweb.google.com/gabriel.eric/221W6thAndersonIN?feat=directlink 221 W 6th Anderson, IN Sincerely, Eric Gabriel - - - - - - - - - - - - - - - - - - - - - - - - Please feel free to contact me should you have any questions. Eric Gabriel Managing Member office: 503-564-4135 fax: 971-404-2729 web: www.gabrielpm.com skype: ericgabriel-gabrielpm Gabriel Property Management, LLC 14525 SW Millikan Way #33190 Beaverton, OR. 97005 applicants/tenants: apply, availability notifications, lease options owners/sellers: sell your property, property management, lease options mission: glorify Christ in all we do. 221 (google map) (yahoo map) Location: Anderson, IN it's NOT ok to contact this poster with services or other commercial interestsMoreLess
    • CoolingUnknown
    • ParkingGarage - Detached
    • Basement TypePartial
    • FireplaceYes
    • Floor CoveringUnknown
    • AtticUnknown
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Zestimates
 ValueRange30-day change $/sqftLast updated
Zestimate What's this?
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$52,245$32K – $89K-$3,964$2706/17/2013
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$716/mo$501 – $1K/mo+$58$0.3806/17/2013
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Zillow predicts Indiana home values will increase 13% next year.

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