Investor 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!
Sold
$55,000
1628 Sherman St, Anderson, IN 46016
2beds
1,106sqft
Residential, Single Family Residence
Built in 1950
3,049.2 Square Feet Lot
$55,600 Zestimate®
$50/sqft
$995 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 02, 2025 at 09:08am
Listing Provided by:
Peter Stewart peter@peterstewartrealty.com,
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22024255

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14X14
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Kitchen
- Features: Vinyl
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Living room
- Features: Other
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Refrigerator
Features
- Attic Access, Eat-in Kitchen
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 1,106
- Total interior livable area: 1,106 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 3,049 sqft
Details
- Parcel number: 481113203039000003
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
Condition
- Fixer
- New construction: No
- Year built: 1950
Utilities & green energy
- Water: Municipal/City
Community & neighborhood
Location
- Region: Anderson
- Subdivision: Hazelwood
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$55,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$55,600