USAINAndersonSleepy Hollow1808 Raible Ave
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$215,000

For Sale

A day ago

1808 Raible Ave, Anderson, IN

House

MLS® 22120318

4 Bed

2 Bath

3075 sqft

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3075 sqft
Garage Yes
Taxes 
Days Active 1
Lot Size 0.34 Acres
Approx. Age 1968
Avg. Price Per Sqft $69
MLS® Number 22120318

Property Address: 1808 Raible Ave, Anderson, IN, 46011-4136

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to this beautifully renovated 4-bedroom, 2-bath investment property offering modern updates, strong rental income, and attractive investment fundamentals. Renovated approximately 14 months ago with an estimated $85, 000 full rehab, this home features fresh interior and exterior paint, stylish vinyl plank flooring, updated bathrooms, and a beautifully finished kitchen with rich espresso cabinetry, stainless steel appliances, and generous counter space. The functional floor plan offers both a living room and family room, providing plenty of flexible living space. Upstairs, the spacious primary bedroom features two closets, along with three additional bedrooms and an updated full bath. Main-level laundry and an oversized two-car garage provide additional convenience and storage. Major improvements include new windows, HVAC, electrical, roof, water heater, plumbing, and a new sewer line to the street, giving the next owner peace of mind. The partially fenced yard offers additional outdoor space, with Jackson Park nearby for recreation. This is an excellent turnkey investment opportunity with a solid tenant already in place at $2, 100/month. Gross annual income is $25, 200, with estimated NOI of $20, 792.44, a 9.67% cap rate, and estimated monthly cash flow of $713.75. Insurance is$1, 019 annually. Estimated 1.51 DSCR at 15% down. Property previously appraised at $245, 000. An excellent option for investors seeking a stabilized rental, 1031 exchange opportunity, or the ability to expand their portfolio. Can also be combined with MLS #22113219. Seller will allow interior showings after an accepted offer. Please do not disturb the tenant.
MLS® Number22120318
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1968
Basement
Driveway
Garage Spaces
HeatForced Air, Hot Water, Natural Gas
A/CCentral Air

Extras

Rooms

Change to metres

Kitchen:Main Floor10 × 15 ft
Family Room:Main Floor15 × 19 ft
Bedroom 4:Upper Level9 × 9 ft
Laundry:Main Floor7 × 11 ft
Bedroom 2:Upper Level10 × 11 ft
Bonus Room:Upper Level8 × 10 ft
Living Room:Main Floor10 × 23 ft
Other:Upper Level16 × 20 ft
Bedroom 3:Upper Level9 × 10 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 14, 2026List Date
$215,000List Price
Nov 11, 2024End Date
$105,000Sold Price

Sold

Aug 16, 2024List Date
$117,400List Price

Home Appraisal

This property is estimated to sell between: $148,000 and $249,000.
Similar properties in this area sold on average for: $148,350
Expected to sell in 39 days. Similar properties sold in 40 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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1808 Raible Ave, Anderson, IN

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