Recently Sold — 107 E Garfield Street, Alexandria, IN 46001Schedule a tour or ask a question
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ABOUT THIS HOME
**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!
$49,990
**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 1,6...
1,608
Sq Ft
1955
Year Built
4
Bedrooms
1
Bathrooms
Key things to know
- Sold 16% below list in 3 days
- Basement
- 106 North subdivision
Sold
$42,000
-$7,990 below list (-16.0%)
- Closed
- Apr 30, 2026
- Listed at
- $49,990
- Sold
- 1 week ago
- Sold in
- 3 days
Price history
- Sold$42,000
Apr 30, 2026
- Listedat $49,990
Apr 2, 2026
106 North · activity
past 6 months
- Sold
- 2
- Median price
- $149,000
- Median DOM
- 26 days
Recent comparable sales
Comparative value
5 comps in this range
This home is 79% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$49,990Listed· Apr 2, 2026
3 days on market
Layout
Schools
Alexandria Community School Corp
Elementary
Alexandria Monroe Elementary School
Middle
Alexandria-Monroe Jr./Sr. High School
Neighborhood
- Hamilton Town Center24.2 mi
- Hamilton Southeastern HS25.0 mi
- Conner Prairie27.1 mi
- Fishers High School27.3 mi
- Westfield High School28.4 mi
- IU Health North Hospital29.7 mi
PROPERTY DETAILS
Living Area
1,608 sq ft
Year Built
1955
Stories
Two
Subdivision
106 North
Bedrooms
4
Bathrooms
1 full
School District
Alexandria Community School Corp

