1215 E 28th St
Anderson, IN 46016
- 5 Beds
- 4 Baths
5 Beds
4 Baths
Local Information
-- mins to
Description
Investor Alert! Opportunity knocks with this spacious corner-lot triplex in Anderson, IN!! A major fixer-upper, this property is perfect for investors looking to renovate and generate strong cash flow or flip for a profitable return. With a flexible unit mix-one 3-bedroom, 1.5-bath unit and two 1-bedroom, 1-bath units-this property is a complete rehab project inside and out, offering a blank canvas for those with vision and expertise. Located in a prime, central location, this property is just blocks from St. Vincent Hospital and a quick five-minute drive to downtown Anderson, Anderson University, and Harrah's Casino. Additionally, it's within 10 minutes of multiple golf courses and Mounds State Park, further enhancing its rental appeal. Anderson is undergoing significant revitalization, with hundreds of millions of dollars in investment fueling growth and appreciation. Now is the ideal time to secure a high-potential property in a market poised for long-term gains! Cash or hard money financing only, and no seller financing. Property sold as-is.
1215 E 28th St, Anderson, IN 46016 is a 5 bedroom, 4 bathroom multi-family built in 1926. It last sold for $45,000 on May 19, 2025 (31% below the $65,000 asking price). It is currently off market. The Trulia Estimate is $47,500, with a rent estimate of $959/month.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 1215 E 28th St
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MLS Status: Sold |
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Interior Details Basement: Unfinished |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 4 |
Heating & Cooling No CoolingAir Conditioning: NoneNo Heating |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Fencing: Fenced, Chain Link, Partial |
Frontage Road Frontage: Not Applic |
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Cumulative Days on Market: 44 |
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Year Built Year Built: 1926 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, TriplexStructure Type: TriplexArchitecture: Traditional |
Building Not a New ConstructionNo Additional Parcels |
Property Information Condition: FixerParcel Number: 481219201180000003 |
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Price List Price: $65,000 |
Status Change & Dates Off Market Date: Tue Apr 29 2025Possession Timing: Close Of Escrow |
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Direction & Address City: AndersonCommunity: Pences East Lynn |
School Information High School District: Anderson Community School Corp |
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Lot Area: 6534 sqft |
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Special Conditions: As Is |
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Expense Tenant Pays: Electricity |
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BasementMls Number: 22027084 |
Last check for updates: about 4 hours ago
Listed by Peter Stewart
Keller Williams Indpls Metro N
Bought with: Samuel Schlagel, F.C. Tucker/Crossroads
Co-Buyer's Agent: Samuel Schlagel, (765) 810-4816, F.C. Tucker/Crossroads
Source: MIBOR as distributed by MLS GRID, MLS#22027084

Price History for 1215 E 28th St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/19/2025 | $45,000 | Sold | MIBOR as distributed by MLS GRID #22027084 |
| 04/30/2025 | $65,000 | Pending | MIBOR as distributed by MLS GRID #22027084 |
| 04/02/2025 | $65,000 | PriceChange | MIBOR as distributed by MLS GRID #22027084 |
| 03/17/2025 | $75,000 | Listed For Sale | MIBOR as distributed by MLS GRID #22027084 |
Market trends in Anderson
Last updated May 2026
Avg. sale price
$144K
$5.52KMoM
Sale-to-List Price
98.4%
0.1%MoM
Price per sq ft
$103
$1MoM
Available listings
269
18MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $849 |
| Assessment | $56,900 |
Home facts updated by county records
Comparable Sales for 1215 E 28th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.57 | Multi-Family Home | $70,000 | 07/18/25 | 5 | 2 | - | |
0.69 | Multi-Family Home | $100,000 | 12/19/25 | 4 | 4 | - | |
0.58 | Multi-Family Home | $33,000 | 11/12/25 | 3 | 2 | - | |
0.83 | Multi-Family Home | $82,500 | 08/18/25 | 4 | 4 | - | |
0.15 | Multi-Family Home | $285,000 | 06/15/26 | 12 | 8 | - | |
0.65 | Multi-Family Home | $35,000 | 04/03/26 | 2 | 2 | - | |
0.84 | Multi-Family Home | $185,000 | 05/08/26 | 6 | 4 | - | |
0.20 | Multi-Family Home | $175,000 | 11/07/25 | 2 | 1 | - | |
0.41 | Multi-Family Home | $80,000 | 08/06/25 | 1 | 1 | - | |
0.56 | Multi-Family Home | $190,000 | 05/28/26 | 6 | 3 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1215 E 28th St.
What Locals Say about Anderson
At least 376 Trulia users voted on each feature.
89 % Say car is needed
83 % Say yards are well-kept
82 % Say parking is easy
71 % Say there's holiday spirit
66 % Say it's dog friendly
62 % Say kids play outside
61 % Say there are sidewalks
50 % Say neighbors are friendly
44 % Say streets are well-lit
44 % Say there's wildlife
42 % Say they plan to stay for at least 5 years
42 % Say people would walk alone at night
41 % Say it's quiet
29 % Say it's walkable to restaurants
29 % Say it's walkable to grocery stores
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 1215 E 28th St
Off Market Homes Near 1215 E 28th St

Based on information submitted to the MLS GRID as of 2026-07-08 04:18:00 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

