Homes Under $50K Price For Sale in Anderson, IN

INVESTOR SPECIAL! FIXER-UPPER WITH VALUE-ADD POTENTIAL! Attention investors, rehabbers, and cash buyers, this 3-bedroom, 1-bathroom property offers approximately 1,171 sq. ft. of living space, an unfinished basement, a detached garage, and a 7,500 sq. ft. lot. The property is in run-down condition and will require substantial renovation, making it an opportunity for investors looking to take on their next project. Explore the potential for a renovation and resale or a long-term rental investment, subject to repairs, costs, and market analysis. Ideal for investors seeking their next value-add opportunity. Sold as-is. Buyers to conduct their own due diligence and verify all property details, condition, permitted uses, and renovation requirements.

Discover the perfect setting for your future dream home. Tucked inside a small, established neighborhood, this beautiful 0.75-acre buildable lot offers the ideal balance of space, flexibility, and convenience. With over half an acre to work with, you'll have plenty of room to thoughtfully design a custom home that fits your lifestyle, whether you're dreaming of a peaceful retreat, a functional family layout, or an outdoor living space made for relaxing and entertaining. Bring your own builder and turn your vision into reality. This lot provides a wonderful opportunity to create something truly your own from the ground up, with room to personalize every detail. The neighborhood setting offers a sense of privacy and community while still keeping you close to everyday amenities, local conveniences, and all that Anderson has to offer. Whether you're ready to build now or looking for a smart investment in land for the future, this property is fullof potential. Don't miss your chance to secure a spacious lot in a desirable small neighborhood and start planning the home you've always imagined.

Great opportunity to build on a clean, fully level 0.15-acre lot on Locust St in Anderson! Located in the established Jones neighborhood, this platted infill lot offers 50 feet of paved road frontage and is ready for your new build. No heavy clearing or grading is needed the lot is already grassy, flat, and features mature shade trees along with a natural privacy hedge. Public water and electricity are all available at the street, making this a straightforward and cost-effective site for a custom home or an investment property. No HOA restrictions and exceptionally low property taxes. Bring your builder and walk the lot today!

Residential vacant lot in Anderson totaling approximately 0.13 acres. This level lot may be suitable for a future residential build or long-term hold, subject to local approval. With 43 feet of paved street frontage and public water and electricity already accessible at the site, buyers are provided with an efficient, cost-saving starting point for their site preparation and due diligence.

Residential vacant lot in Anderson totaling approximately 0.14 acres. Located in the Matters subdivision, this level lot features 50 feet of paved street frontage with public water and electricity already accessible at the site. It offers a practical starting point for a future residential build or long-term hold, providing buyers with an efficient site for their due diligence.

Bring your vision to 624 Milton Avenue! This 3-bedroom, 1-bath home sits on a corner lot in Anderson and offers an opportunity for investors, renovators, or buyers looking to create a space of their own. The home features a spacious living area, dedicated laundry room, and a functional floor plan with plenty of potential. Outside, you'll find a fenced yard, mature shade trees, and a storage shed for additional space. Interior renovations have been started, with portions of the walls opened up and ready for the next owner to continue the transformation. Whether you're looking for your next renovation project or an investment opportunity, this property offers a chance to bring your ideas to life. **Property is being sold AS-IS.**

Looking for your next project? Discover the enduring character in this single-family home in a quiet community. This 1.5-story home represents a classic architectural era, offering a distinct opportunity to own a property defined by its timeless structure and long-standing presence in the community. The two bedrooms provide flexible spaces for rest or personal use, allowing for easy configuration to suit individual lifestyle needs. Complementing the living quarters, the single full bathroom serves as a functional and central component of the home's layout. The large backyard provides a manageable outdoor space that balances the 1.5-story footprint of the house with room for exterior activities. This combination of interior living area and surrounding land offers a practical canvas for those looking to personalize their environment both inside and out.

Completely renovated 5-bedroom, 2.5-bath home with a basement and a brand-new 2-car garage, offered at ONLINE AUCTION on November 18 at 6:00 PM. Only the exterior walls, foundation and roofline remain. Everything else is new, so there is no rehab to budget for. Inside, 3,004 square feet of fresh, move-in-ready space features ceramic tile, new carpet and an electric fireplace. The kitchen shines with new cabinetry, marble countertops, new appliances and a custom vent hood. Upstairs laundry adds everyday convenience, and every bathroom has new fixtures. The big-ticket items are done: two new HVAC systems, a new water heater, new windows and doors, new insulation and drywall, all-new plumbing and electrical, and 200-amp service. Outside, enjoy a fully fenced backyard and the new 2-car garage. One property, many possibilities. Make it your primary residence, or put it to work as a short-term, mid-term or long-term rental. The home has been operated as a short-term rental since renovation, and its size suits corporate and extended-stay housing. Buyer to verify all rental rules, zoning and licensing with the City of Anderson. Location is a strong draw: historic downtown Anderson is within walking distance, with dining, entertainment and the Paramount Theatre nearby. Anderson University, Mounds State Park and Hoosier Park Racing & Casino are close, and Indianapolis is about 40 minutes away. Sold unfurnished. Online-only auction with bidding open to registered bidders. Showings by appointment only, and proof of funds or lender pre-approval is required to view. See agent remarks for details.

Two-bedroom, one-bath bungalow with a detached one-car garage. Property is being sold AS-IS, with no repairs to be made by the seller. Buyers should conduct their own due diligence regarding condition, utilities, and required repairs. Located near local amenities, with access to SR 32 and I-69 via the MLK corridor.

Bring your vision to this project home! The interior has been taken down to the studs and is ready for a full renovation. An opportunity to redesign the space and choose your own finishes from the ground up. Roof and main water line to street has been replaced. Property requires extensive work. Please exercise caution when viewing due to unfinished conditions.

Lot for lease, ideal for multiple food trucks or as a parking lot

Sizable residential corner lot in Anderson. This lot may be suitable for a future residential build or long-term hold, subject to local approval. A house and driveway were previously located on the parcel, giving buyers a useful starting point for their due diligence.

Great opportunity for an investor or buyer looking for a renovation project! This 3-bedroom, 1-bath home offers approximately 1,352 square feet of living space and plenty of potential to make it your own. With the right improvements, this property could make a great addition to a rental portfolio or an affordable home for an owner-occupant. Property is being sold as-is and will require repairs and updates. Bring your ideas and see the possibilities this home has to offer! Room dimensions are approximate; buyer to verify all room dimensions and measurements

Seller Financing Available! A gorgeous plot of residential land ready for YOU to build on. Inside a neighborhood with strong home values, your new build here will shine! Survey and soil test available.

LAND FOR SALE - 0 PARK AVENUE, ANDERSON, INDIANA Grandview Subdivision | $17,500 Bring your building plans and create the home you've been envisioning! This 0.204-acre residential-zoned lot in the Grandview Subdivision offers approximately 8,886 square feet of land and approximately 50 feet of frontage, with the property extending well back from the road. The lot has regular road access and utilities available, including water, sewer, electric, and gas, making this a great opportunity for someone looking to build a home in an established residential area. The property allows for construction of a two-story home up to 35 feet in height, subject to applicable zoning and building requirements. Property Highlights: 0 Park Avenue, Anderson, IN Asking Price: $17,500 0.204 acres / approximately 8,886 sq. ft. Approximately 50 feet wide Residential zoning Regular road access Water & sewer Electric Gas Potential for a home up to 2 stories / 35 feet 15-ft front setback 5-ft side setbacks 20-ft rear setback Lot extends well back, providing substantial depth A great opportunity for a buyer, builder, or investor looking for an affordable residential lot in Anderson. Bring your builder, bring your plans, and make this property your own!

Opportunity awaits with this vacant residential lot in Anderson! Situated on approximately 0.13 acres, this cleared lot offers a blank canvas for your future plans. Conveniently located near local shopping, dining, schools, and other Anderson amenities. Whether you're looking for a potential homesite or an addition to your investment portfolio, this property is worth a look.

Great opportunity to own a residential lot in North Anderson! This lot offers a convenient setting for your next home-building project in a neighborhood with no HOA. The property includes an existing 2-car garage with driveway, providing valuable parking and storage space. Utilities are already on site, offering added convenience for future development. Whether you're looking to build a new home or secure additional property, this lot offers plenty of potential. Conveniently located in Anderson with easy access to local amenities, shopping, dining, and major roadways.

Vacant lot for sale. Zoned Residential. Please confirm with county on specific zoning regulations.

Bring your vision to life on this corner lot! Whether you're looking to build your future home or add to your investment portfolio, this property offers a blank slate with plenty of potential. Water and sewer are available for connection, making it ready for your plans. Don't miss this opportunity to create something of your own!

INVESTOR ALERT!!! Expand your portfolio with this 2 bedroom/1 bath home. Long term, reliable tenant in place! Bathroom has been updated. Rent is $700/month, so you are well over the 1% rule! Property is on 2 parcels and is being sold AS-IS. Great location in downtown Anderson-- very close to the hospital and public transportation routes! Seller would prefer to sell 1920 Main, 1924 Main, & 1928 Main as a package deal! Please see other listings for more details.

Spacious vacant residential lot offering a variety of potential uses. Located in an established neighborhood with mature trees and a convenient setting. An excellent opportunity for a buyer looking for additional land, future use, investment, or other possibilities. Buyer and buyer's agent are responsible for conducting their own due diligence regarding zoning, permitted uses, utilities, access, property lines, restrictions, and any other matters important to the buyer. Seller makes no representations regarding the suitability or permitted use of the property.

Investment opportunity in Anderson! This two-story triplex offers potential for an investor looking to renovate and add value. The property features multiple living units and is conveniently located near medical facilities, shopping, dining, schools, and other local amenities. A great opportunity to bring your vision to this property and unlock its potential.

Four contiguous residential parcels (109–112) offered together as one package, totaling approximately 0.43 acre / 18,730 sq. ft. Electric, Water, Sewer all nearby. Great opportunity for a builder or investor!

Vacant residential lot. 67x130 / .20 Acres. City street access and utilities nearby. Great opportunity for an investor or builder.

Five adjacent residential parcels being offered together as one package, providing approximately 0.34 acres total. Utilities nearby and available. Opportunity for a buyer, builder, or investor seeking multiple contiguous parcels. Garage structure on rear parcel is in need of repair.

ONLY OFFERS from Buyers who've actually viewed the property! DIAMOND IN THE ROUGH - Calling all buyers with vision, creativity, and a keen eye for potential! This 2-bedroom, 1-bath home is ready for someone to roll up their sleeves and make it feel special again. Built in 1910, this cozy home offers just over 1,000 sq. ft. of living space and sits on a compact lot of approximately 2,600 sq. ft. - perfect for the buyer who would rather spend their weekends improving their home than maintaining a big yard! A little imagination could go a long way here. Whether you're looking for an affordable home to make your own, a renovation project, or an investment opportunity, this one has the bones and potential for a fresh new chapter. Bring your ideas, your toolbox, and your imagination - this rough diamond is waiting to shine again!

Discover the enduring charm and character of this home in Madison County. This inviting home sits at the end of a street, quietly surrounded by a nook of trees. Don't let that fool you- with the convenience of a location close to many necessary and recreational desires, this is a wonderful place to remain modern with a small-town feel. For those who can keep their eye on the prize and are ready for their next project, this one is for you.

Opportunity awaits with this 3-bedroom, 1-bath home in Anderson! Featuring a spacious backyard with convenient alley access, this property offers plenty of potential for the right buyer. The home requires extensive repairs and updates and is being sold as-is, making it an excellent opportunity for investors, flippers, or buyers looking to renovate and build equity. Conveniently located near schools, shopping, restaurants, and major roadways.

Opportunity awaits with this 2-bedroom, 1-bath home that's ready for your vision! Whether you're looking for your next flip project, a renovation opportunity, or an addition to your rental portfolio, this property offers plenty of potential. The home is in need of updates and improvements but provides a solid foundation for investors or buyers looking to build equity. With the right renovations, this property could make an excellent rental or affordable home. Don't miss your chance to unlock the possibilities this investor-friendly property has to offer!

This includes 6 parcels to total .54 acres. The lots feature. . . apple trees, gooseberry bushes, elderberry, small trees, mature trees and a nice setting to garden or build on.

Welcome to 1610 Central Ave - a move-in-ready 2 bed, 1 bath home offering 975 square feet of comfortable living space and a great opportunity for both homeowners and investors. Whether you're looking for an affordable primary residence or a low-maintenance rental, this property checks the boxes. Inside, the home offers a functional layout with spacious living areas, two comfortable bedrooms, and a full bathroom. The property is essentially ready to go, making it easy for an owner-occupant to move right in or for an investor to complete minimal finishing touches and quickly place a tenant. With strong rental appeal, manageable size, and a practical floor plan, this is a great option for anyone looking for a simple, affordable home or an investment property with minimal upfront work. Conveniently located near local amenities, schools, and everyday necessities, 1610 Central Ave is ready for its next owner.

Excellent opportunity to own a residential lot in Anderson. Located near schools, parks, shopping, and major transportation corridors, this lot provides flexibility for future residential development or investment. Affordable land ownership with plenty of possibilities.

Build-ready residential lot located in an established Anderson neighborhood. Conveniently positioned near local schools, parks, shopping, and dining. Whether you're looking to build a home or add to your investment portfolio, this affordable lot offers plenty of potential.

Don't miss this opportunity to own a spacious 0.32 - acre parcel ready for your vision. Whether you're looking to build your dream home or invest in land, this property offers endless opportunities. Endless potential awaits! Buyers to verify utilities, zoning and building requirements.

Nice double lot perfect for building with city utilities to the site. Just off Main St behind CVS this has potential for nice home. The current garage may need to be repaired or torn down. Possession at closing.

FIXER UPPER!!!! 3 Bedroom 2 bath house. 1613 square feet with large rooms. Perfect for your next flip or to add to your rental portfolio.

Four city lots totaling 1.68 acres with several storage sheds. Build or use it for storage.

Vacant lot for sale. Zoned Residential. Please confirm with county on specific zoning regulations.

Residential lot available. Zoned R-4. Please check with the city on specific zoning requirements.

Ready to build?? Check out this vacant lot. Address 0 Locust Street. 2 Lots North of 2219 Locust Street

Let your imagination run wild! Convert this 25x36 pole barn into living space, add on additional living space or store your equipment, toys or supplies. Located in a residential area on Anderson's south side near shopping, restaurants and I-69 access. Price includes the lot which allows for adding on to the front of the current vinyl sided pole barn. The barn has a double overhead door, side service entrance door, partial concrete floor and pull down stairs to upper plywood flooring area for storage. Street and alley access. Zoned R-2 Residential. (You cannot run a business out of it.) Survey on file. Natural gas, electricity, city water and sewer, high speed internet and cable are all available for hookup but not currently on the property. Minimum sq. ftg. requirement for additional add on to current building is 900 sq. ft. if wanting to add a small house to the front of the existing structure. Cash, conventional, rehab or new construction financing. Property is located just north of 3607 Burton Place. A perfect start to a new home or an end to small storage units for all your stuff!

.15 acre residential corner lot with slab foundation already poured! Foundation is roughly 25 ft wide by 45 ft long. Water and sewer already on site, ready for you to build!

Investor Alert! Don't miss this single-family home located near downtown Anderson. This property is a fixer and needs to be renovated and brought back to life so it can truly shine. This cute little bungalow sits on a good-sized lot and has 2 bedrooms, 1 bathroom, and nearly 800 sq ft of finished living space. Excellent location within a mile of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental via the BRRRR strategy, or a fix and flip, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is. Cash or hard/private money only due to condition.

Fantastic Residential Vacant Lot - Prime Investment Opportunity! Discover the perfect spot for your next build or investment project. This residential vacant lot offers convenient utility access, with water, gas, electricity, and telephone line demarcations already in place. A tap and tile for water connection, along with meter hookup readiness, adds to the ease of future construction. The lot has also been professionally leveled with dirt spread, making it construction-ready. Whether you're planning to build or looking for a smart long-term investment, this property offers exceptional potential.

1.05 Acre building lot in the exclusive Winterwood subdivision. There is a 2800 sq ft minimum size residence with a 3 car garage Building lots can be cleared by the buyer's contractor to the buyers preference, leaving quality trees etc. intact. Utilities are at the street There are restrictive covenants. After the area is developed, the new owners will create an HOA so as to keep property values stable The road has two layers, a finish coat will be added later

1.08 Acre building lot in the exclusive Winterwood subdivision. There is a 2800 sq ft minimum size residence with a 3 car garage Building lots can be cleared by the buyer's contractor to the buyers preference, leaving quality trees etc. intact. Utilities are at the street There are restrictive covenants. After the area is developed, the new owners will create an HOA so as to keep property values stable The road has two layers, a finish coat will be added later

1.05 building lot in the exclusive Winterwood subdivision. There is a 2800 sq ft minimum size residence with a 3 car garage Building lots can be cleared by the buyer's contractor to the buyers preference, leaving quality trees etc. intact. Utilities are at the street There are restrictive covenants. After the area is developed, the new owners will create an HOA so as to keep property values stable The road has two layers, a finish coat will be added later

1.15 Acr building lot in the exclusive Winterwood subdivision. There is a 2800 sq ft minimum size residence with a 3 car garage Building lots can be cleared by the buyer's contractor to the buyers preference, leaving quality trees etc. intact. Utilities are at the street There are restrictive covenants. After the area is developed, the new owners will create an HOA so as to keep property values stable The road has two layers, a finish coat will be added later