Highgarden

Call to Schedule a Showing

(317) 672-1120

(317) 672-1120

1628 Sherman St, Anderson, IN 46016

$50,000

Vintage exterior showcases a porch with awning, and a traditional design, needs TLC at 1628 Sherman St, Anderson, IN 46016
  • Bedrooms

    2

  • Baths

    1

  • Sq. Feet

    1106

  • Year Built

    1950

  • Days on Market

    3

  • $/SqFt

    $45

15 Photos

  • Vintage exterior showcases a porch with awning, and a traditional design, needs TLC at 1628 Sherman St, Anderson, IN 46016
  • Exterior angled view showcases awning, classic design, and the potential for renovation at 1628 Sherman St, Anderson, IN 46016
  • Side angled view of vintage home showing peeling paint and traditional design at 1628 Sherman St, Anderson, IN 46016
  • Rear exterior angled view shows the home's architecture and layout, needs renovation at 1628 Sherman St, Anderson, IN 46016
  • Spacious living room features original hardwood floors and abundant natural light, awaiting restoration at 1628 Sherman St, Anderson, IN 46016
  • Neutral bedroom featuring carpet, window bringing in light, and room for relaxation at 1628 Sherman St, Anderson, IN 46016
  • Bedroom with carpet, closet, providing room for personalization at 1628 Sherman St, Anderson, IN 46016
  • Colorful bedroom featuring carpet, closet, and a cheerful atmosphere at 1628 Sherman St, Anderson, IN 46016
  • Bedroom with colorful walls, carpet, and room for relaxation at 1628 Sherman St, Anderson, IN 46016
  • Spacious living room offers hardwood floors and abundant natural light, ready for renovation at 1628 Sherman St, Anderson, IN 46016
  • Modest bathroom with a window, vanity with sink, toilet, and a bathtub with brown tile surround at 1628 Sherman St, Anderson, IN 46016
  • Empty living room featuring three windows letting in natural light, and a dark accent wall at 1628 Sherman St, Anderson, IN 46016
  • Spacious kitchen with black and white cabinets, complemented by a view to the basement at 1628 Sherman St, Anderson, IN 46016
  • Basement area featuring a black furnace with visible ductwork and a white refrigerator at 1628 Sherman St, Anderson, IN 46016
  • Basement area featuring a black furnace, water heater and a white refrigerator at 1628 Sherman St, Anderson, IN 46016
Less Photos /\

Tour This Home

Thu
6 Mar
Fri
7 Mar
Sat
8 Mar
Sun
9 Mar
Mon
10 Mar
Tue
11 Mar
Wed
12 Mar

Home Description

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!

  • Property Type: Single Family
  • Style: TraditonalAmerican
  • Garage Spaces: 0
  • Acres: <1/4 Acre
  • Siding: Aluminum Siding
  • Patio & Porch: Covered Porch

Available now at $50,000

Approximate Room Sizes / Descriptions

Kitchen14X12Main
Living Room14x10Main
Bedroom 214X12Main
Primary Bedroom14X14Main
  • Interior Description: Attic Access,Eat-in Kitchen
  • Full Baths: 1
  • Num Fireplaces: 0
  • Appliances: Refrigerator
  • Eating Area: Dining Combo/Kitchen
  • Equipment: Not Applicable
  • Heating: Forced Air
  • Cooling: None
  • : peter@peterstewartrealty.com

Neighborhood

The average asking price of a 2 bedroom Anderson home in this zip code is $85,000 (70.0% more than this home).

This home is priced at $45/sqft, which is 47.1% less than similar homes in the 46016 zip code.

Map | Street | Birds Eye

Print Map | Driving Directions

Nearby Properties For Sale

School Information

  • School District:Anderson Community School Corp

Financial

  • Approx Payment:$248*
  • Semi Annual Taxes:$187

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 672-1120 and speak with one of our real estate consultants.

Listing Courtesy of Keller Williams Indpls Metro N. For information or to schedule a viewing of this property (MLS# 22024255), call: 317-672-1120

1628 Sherman St, Anderson IN is a single family home of 1106 sqft and is currently priced at $50,000 . This single family home has 2 bedrooms. A comparable home for sale at 2731 Delaware St in Anderson is listed at $70,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Anderson, IN. Arlington, Woodlawn and J Davis are nearby neighborhoods. MLS 22024255 has been posted on this site since 3/4/2025 (today).

2025

Message Agent

Send

Schedule a tour

1628 Sherman St Anderson IN 46016

Choose a day and time

You Requested

We'll be in touch shortly to confirm your tour time and other details. Please let us know how to reach you.

Schedule Tour

CLOSE

Your message has been sent!

The agent will be in touch with you in just a minute.