About This Home

This 2-bedroom, 1-bathroom single family at 1126 E 28th Street in Anderson, IN is listed for $60,000 ($58 per sqft). Built in 1956, the home offers 1,026 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1956
  • 0.12 acre lot

Property Details

1 story
1 full
1-car garage
1956

Amenities

A/C
Listing Description

Solid one-level brick ranch with sturdy bones and immediate rental income already in place. This 2-bedroom, 1-bathroom home sits on its own lot (no subdivision) in Anderson and offers a fully fenced backyard. Currently tenant-occupied and producing rental income, it is fully functional and livable in its present condition while offering clear upside for cosmetic updates and light TLC.

Perfect for anyone who wants the quiet rural feel with a short drive to the energy of the city. Ideal for a beginning investor looking for a straightforward first property, or a seasoned investor wanting a simple cash-flowing hold. Brick exterior, single-story layout, and an established tenancy make this an easy entry point. This is also perfect for anyone who is looking for that quite rural feel with just a short drive to experience the bustling city life of Indianapolis!

Monthly Cost Estimate

$321/mo

20% down · 6.5% · 30 years

Principal$43
Interest$260
Insurance$18

Estimates only. Actual payments may vary.

Location

1126 E 28th Street

Anderson, IN 46016

No Subdivision

Features & Amenities

Interior Features

Attic AccessEat-in Kitchen

Exterior Features

Gas Grill

Property Details

Construction

Brick

Parking

Guest

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

Electric OvenRefrigerator

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1126 E 28th Street is listed at $60,000 ($58/sqft). The estimated monthly payment is $321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1956, 0.12 acre lot. Interior Features: Attic Access, Eat-in Kitchen. Exterior Features: Gas Grill.

This property is listed by James Gilday.

JG

James Gilday

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (812) 734-6048 · View on Broker Site · Broker website

MLS# 22129638· Source: Broker Listing Cooperative®· 24 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1126 E 28th Street, Anderson, IN 46016

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