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Jen Richardson

jenrichardsonrealtor@gmail.com +1(812) 521-7361

Listed by Jamie Suchotzky • Red Hot, REALTORS LLC

$ 225,000

Est. payment | -/mo

5 Beds

2 Baths

3,454 SqFt

Save Virtual Tour

$ 225,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

2 Baths

3,454 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,454 sqft

Price per Sqft $65

Subdivision Fairgrounds

MLS Listing ID 22113219

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1890

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Single Family Residence

Property Description

Space, style, and investment potential come together in this beautifully updated 5-bedroom, 2-bath home offering nearly 2,900 square feet of living space. With extensive improvements already completed and a tenant in place, this property offers an attractive opportunity for investors seeking a spacious, stabilized rental. The main level features both a generous living room and separate family room, providing flexible spaces for entertaining, relaxing, or working from home. Two spacious bedrooms and a remodeled full bathroom are conveniently located on the main level. The updated kitchen serves as the heart of the home, with modern finishes and an open layout that flows into a welcoming dining area ideal for everyday meals and gatherings. Upstairs, you'll find three additional bedrooms and a second remodeled full bathroom, providing plenty of room and a versatile floor plan. Major improvements include the roof, siding, windows, HVAC system, and flooring, giving the next owner peace of mind while minimizing the need for immediate capital improvements. Outside, a wood deck provides additional living space for grilling, entertaining, or enjoying the backyard. Currently tenant-occupied and generating $2,100 per month in rental income, or $25,200 annually. The current lease runs through March 30, 2027, providing immediate rental income for the next owner. A great opportunity to add a large, updated rental property to your portfolio with high income already in place. Can also be combined with MLS 22120318. Tenant occupied. The seller will allow interior showings after an offer is accepted. Please do not disturb the tenant.

Location

State IN

County Madison

Rooms

Basement Unfinished

Main Level Bedrooms 2

Kitchen Kitchen Updated

Interior

Interior Features Attic Stairway, Paddle Fan, Wood Work Painted

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Other

Equipment Smoke Alarm

Fireplace Y

Appliance Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator

Exterior

Water Access Desc Public

Building

Story Two

Foundation Cellar, Crawl Space, Partial

Water Public

Architectural Style Victorian

Structure Type Vinyl Siding

New Construction false

Schools

School District Anderson Community School Corp

Others

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Nearby Locations

"Finding the right home isn't just about the house, it's about the life you're going to build there.

I'm here to make sure you find it."

+1(812) 521-7361

jenrichardsonrealtor@gmail.com

905 E Tipton St, Seymour, IN 47274, USA

817 W 5th ST Anderson, IN 46016

Jen Richardson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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817 W 5th ST