107 E Garfield St

Alexandria IN 46001

2760 sq. ft.

4544 sq. ft.

Single-Family

Last sold for $42,000

Josh Latham, last sold this property on 30 April 2026 after 961 days on market.

Overview

**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!

Features

4 bedrooms

1 bathroom

2760 sq. ft. floor area

4544 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Alexandria over the last 12 months, the estimated median property value of 107 E Garfield St is $215k.

Median value

$215k

Estimated value range

$42k - $425k

Median days on market

Estimated value trend

-27%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Alexandria. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 107 E Garfield St

2026

Sold

$42,000

30 Apr 2026 by Josh Latham, of Re/Max Advanced Realty

2021

Sold

$40,000

03 Feb 2021 by Jalon Johnson, of Carpenter Realtors Anderson

2020

Sold

$87,000

09 Sep 2020

Happy sellers in Alexandria

We have insufficient information to provide an overview of customer satisfaction for Alexandria. Viewing the agent profiles, reviews and sales for Alexandria can provide insights for this location.