5417 Lewis Dr, Anderson, IN 46013

This could be a great brick ranch home, but it needs a TON of work. There's no way to underestimate that! The roof needs replaced and there's lost of interior work needed to maximize the value of this home. Biggest projects to be done include: replacing roof, fixing hardwood floor in back bedroom, new garage door, kitchen cabinet upgrades, adding new front window, bathroom updates, and new furnace/central air, well pump and water heater. The home is all brick with hardwood floors throughout. It's in a great neighborhood off of E 53rd St close to I-69 and South Anderson. The taxes are reasonable and likely to go down. This is an ideal investment for someone wanting to fix and flip a home. Similar homes in the area have sold for $60k, and they'll rent for $850-$950/mo. The home is for sale at a deep discount due to the condition. Remodeling costs have been estimated in the $25k range so there's instant equity for someone looking to make the investment.