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Listed price in listed location currency (USD).
$42,000
$49,990

410

MLS® 22092580

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1608 sqft
Garage 
Taxes 
Lot Size 
Approx. Age 1955
Avg. Price Per Sqft $31
MLS® Number 22092580

Property Address: 107 E Garfield St, Alexandria, IN, 46001-1620

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

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!
MLS® Number22092580
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1955
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Kitchen:Main FloorNot available
Bedroom 4:Upper LevelNot available
Living Room:Main FloorNot available
Dining Room:Main FloorNot available
Laundry:Main FloorNot available
Other:Main FloorNot available
Bedroom 3:Upper LevelNot available
Bedroom 2:Upper LevelNot available

Price History

Apr 4, 2026End Date
$42,000Sold Price

Sold

Apr 3, 2026List Date
$49,990List Price

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