2605 Mounds Rd, Anderson, IN 46016

$139,997 Asking Price

3 beds
1 bath
1,176  sqft
Built in 1925

Up to 100% financing with a Key Community Mortgage. No PMI. Unlock the potential of this hidden gem! Nestled in a prime location at 2605 Mounds Rd, Anderson, IN 46016, this property presents an incredible opportunity for savvy investors. With 3 bedrooms and 1 bath awaiting transformation, this home calls for a partial rehab to unleash its true value. Imagine the possibilities: a blank canvas to remodel and revitalize, creating a lucrative investment in a sought-after area with a country feel, but close to the City. Whether you're looking to flip or add to your portfolio, this property's prime location and potential make it an enticing prospect. Don't miss the chance to turn this diamond in the rough into a shining success! The house has been completely rewired, a new electrical panel installed, with new breakers and a new HVAC system installed, which is a reflection of the new list price.


Features & Amenities

Interior

General:
Attic Access, Eat-in Kitchen
Appliances:
None, Gas Water Heater
Basement:
Unfinished
A/C:
Central Electric
Heating:
Forced Air, Gas
Fireplace:
Fireplaces: 0

Exterior

Style:
Bungalow
Parking:
Detached

Construction

General:
One, Block

Location

Originating MLS:
mibor
School District:
Anderson Community School Corp
County:
Madison

Lot

Zoning:
PTE2PTNW PLAT 23-1 LOT000, 481220200013000003

Utilities

Utilities:
Gas
Water:
Municipal/City

Financial

Source:
mibor
Buyers Agent Compensation:
3 %

This listing courtesy of:
Christian Brothers Realty, LLC, Dave Ellis

About Anderson, IN

Housing

Number of Units
37,633
Median Home Value
$100,305
Median Rent
$602

36.66% of housing units are renter occupied.

11.51% are vacant.

Commute

Car
80.37%
Public Transportation
0.45%
Walk to Work
1.87%
Work from Home
16.06%
Other
0.62%

The median travel time to work is 23 minutes.

People

Population
78,679
Median Age
41.60
Median Household Size
2.46

Education

High School
40.73%
Associate’s Degree
9.20%
Bachelor’s Degree
11.47%
Graduate Degree
6.73%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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