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Sold
  • $55,000

    2209 Drexel Dr, Anderson, IN 46011

    2beds
    1,466sqft
    Residential, Single Family Residence
    Built in 1939
    7,405.2 Square Feet Lot
    $58,900 Zestimate®
    $38/sqft
    $1,121 Estimated rent

    Home value

    $58,900

    $49,000 - $70,000

    $1,121/mo

    Zestimate® history
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    $1,121/mo

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    $1,121/mo

    Rent Zestimate®

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    $267/mo

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    $267/mo

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    What's special

    Full unfinished basementQuiet dead end streetFormal dining roomAmple flat lotSpacious kitchen
    Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 6 doors across 5 properties, this particular property is a value-add single family ranch home. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 2209 Drexel Dr, the home sits on an ample flat lot on a quiet dead end street. The home has 2 bedrooms, 1 bathroom, a formal living room, formal dining room, spacious kitchen, and a full unfinished basement. 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 about one mile of downtown Anderson, these properties also benefit 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!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Peter Stewart 317-450-9202,

    Keller Williams Indpls Metro N

    Bought with:

    Charlotte Cotton

    RE/MAX Real Estate Solutions

    Source: MIBOR as distributed by MLS GRID,MLS#: 22030562MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Carpet
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Bedroom 2
    • Features: Carpet
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13X10
    Kitchen
    • Features: Vinyl
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Living room
    • Features: Carpet
    • Level: Main
    • Area: 150 Square Feet
    • Dimensions: 10x15
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Oven
    Features
    • Attic Access
    • Basement: Full
    • Attic: Access Only
    Interior area
    • Total structure area: 1,466
    • Total interior livable area: 1,466 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    Lot
    • Size: 7,405 sqft
    Details
    • Parcel number: 481115304019000003
    • Special conditions: As Is
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Aluminum Siding
    • Foundation: Block
    Condition
    • Fixer
    • New construction: No
    • Year built: 1939

    Utilities & green energy

    • Water: Municipal/City
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Anderson
    • Subdivision: No Subdivision

    Price history

    DateEventPrice
    4/21/2025Sold$55,000-6.8%$38/sqft
    Source: MIBOR as distributed by MLS GRID #22030562 Report a problem
    4/7/2025Pending sale$59,000$40/sqft
    Source: MIBOR as distributed by MLS GRID #22030562 Report a problem
    4/3/2025Listed for sale$59,000-6.2%$40/sqft
    Source: MIBOR as distributed by MLS GRID #22030562 Report a problem
    9/12/2024Listing removed$950$1/sqft
    Source: Zillow Rentals Report a problem
    7/23/2024Listed for rent$950$1/sqft
    Source: Zillow Rentals Report a problem
    6/11/2024Listing removed--
    Source: MIBOR as distributed by MLS GRID #21982014 Report a problem
    6/6/2024Listed for sale$62,900$43/sqft
    Source: MIBOR as distributed by MLS GRID #21982014 Report a problem
    3/13/2024Listing removed--
    Source: MIBOR as distributed by MLS GRID #21950560 Report a problem
    10/27/2023Listed for sale$62,900+109.7%
    Source: IRMLS #202339552 Report a problem
    2/24/2010Sold$30,000$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$653 +8.6%$32,000 +8.8%
    2024$602 +0.4%$29,400 +9.3%
    2023$600 +7.4%$26,900 +0.4%
    2022$558 +5.1%$26,800 +8.1%
    2021$531 +2.1%$24,800 +5.5%
    2020$520 +4.3%$23,500 +2.2%
    2019$499 +16.5%$23,000 +6.5%
    2018$428 $21,600 +0.9%
    2017$428 +150.3%$21,400
    2016$171 +7.3%$21,400 -16.7%
    2014$159 +1.3%$25,700
    2013$157 +15.9%$25,700 +0.4%
    2012$136 $25,600 -5.9%
    2011-- $27,200
    2010$172 -78.7%$27,200 +1.1%
    2009$807 $26,900 -16.2%
    2006-- $32,100 +7.7%
    2005-- $29,800

    Find assessor info on the county website

    Neighborhood: 46011

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $58,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $58,900