2415 Cedar ST, Anderson, IN 46016
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2415 Cedar ST, Anderson, IN 46016
2415 Cedar ST, Anderson, IN 46016
2415 Cedar ST, Anderson, IN 46016
2415 Cedar ST, Anderson, IN 46016
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Listed by John-Thomas Bell • Plum Tree Realty
$ 65,000
Est. payment /mo
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2415 Cedar ST Anderson, IN 46016

2 Beds

1 Bath

1,804 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,804 sqft

Price per Sqft $36

Subdivision Spring Grove

MLS Listing ID 22135049

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1950

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Single Family Residence

Property Description

Investor opportunity at $65,000. 2415 Cedar St in Anderson is a 2 bed, 1 bath, 1.5-story single-family home with 1,156 sq ft of living space on a level 0.07-acre lot with a covered front porch. It's currently rented at $931/month on a lease through March 31, 2027, which clears the 1% rule at this price. Property taxes run about $854 a year, so holding costs stay low. The lease also gives a buyer options. The lease terms allow it to be ended with 60 days' written notice if the property is sold. You can keep the tenant in place and collect rent from the day you close, or give notice and take the home back to renovate, re-lease at a new rate, or move in yourself. If you keep the tenant, you can renew or adjust rent when the lease ends in March 2027. Close to Anderson University, the Paramount Theatre, Mounds State Park, Anderson Speedway, and Harrah's Hoosier Park.

Location

State IN

County Madison

Interior

Interior Features Paddle Fan, Hi-Speed Internet Availbl

Heating Forced Air

Cooling Window Unit(s)

Fireplace N

Appliance Microwave, Electric Oven, Refrigerator, Range Hood

Exterior

Water Access Desc Public

Building

Story One and One Half

Foundation Partial

Water Public

Architectural Style Bungalow

Structure Type Wood Siding

New Construction false

Schools

Middle Schools Highland Middle School

School District Anderson Community School Corp


MIBOR MLS
Thawng Thang

American Dream Team Real Estate Broker

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2415 Cedar ST