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107 E Garfield ST Alexandria, IN 46001
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Key Details
Sold Price $42,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,760 sqft
Price per Sqft $15
Subdivision 106 North
MLS Listing ID 22092580
Sold Date 04/30/26
Bedrooms 4
Full Baths 1
HOA Y/N No
Year Built 1955
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Single Family Residence
Property Description
**Bank authorized short sale**Attention investors - Large rental opportunity in the heart of Alexandria. This spacious property is centrally located to the center of town and within 20 minutes of Anderson and 30 from Muncie. This charming 4-bedroom, 1-bath home checks all the right boxes. With 1,608 sq ft of living space, a proven rental history at $900/month, and a flexible floor plan built for tenant appeal, this property is ready to go to work for your portfolio. The layout features multiple living areas, a spacious living room perfect for relaxing, and a formal dining room that adds character tenants love. Four generously sized bedrooms give you flexibility for a variety of rental arrangements - single family, roommate-style, or otherwise. The bones are solid, and the upside is real - targeted updates could push both rental income and ARV significantly higher. Whether you're adding to an existing portfolio or making your first move into the rental market, this one is a practical, low-risk entry point with genuine growth potential. Don't sleep on this one!
Location
State IN
County Madison
Rooms
Main Level Bedrooms 1
Interior
Interior Features Attic Access
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace Y
Appliance Dishwasher, Gas Oven, Refrigerator
Exterior
Water Access Desc Public
Building
Story Two
Foundation Block, Cellar
Water Public
Architectural Style Other
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Alexandria Monroe Elementary School
Middle Schools Alexandria-Monroe Jr./Sr. High School
School District Alexandria Community School Corp
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