10 homes you can buy for 5 000

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Anderson, Indiana

Photo courtesy of Zillow
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This two-bedroom, one-bathroom house in Anderson, Indiana -- about 40 miles northeast of Indianapolis -- is for sale for $5,000. It last sold in January 2016 for $2,200, 56 percent less than the current sale price. It was built in 1945 and is about 93 percent less expensive than the area's median home value of $76,700.

The 672-square-foot home has been partially gutted by a previous owner. It has a front- and backyard, as well as a gravel driveway for parking.

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