NOT LISTED FOR SALE

1005 SE 2nd St Evansville, IN 47713

Riverside Neighborhood

Estimated Value: $392,000 - $440,000

7 Beds
4 Baths
4,527 Sq Ft
$91/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $218,000 $48 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,649/month

12 Days on Market

Highlights

  • Wood Flooring
  • Stone Countertops
  • Balcony
  • Perry Heights Middle School Rated 9+
  • Fenced Yard
  • 4-minute walk to Sunset Park

About This Home

As of November 2015

Outstanding investment opportunity in the heart of the Haynie's Corner Art District. 1892 Queen Anne designed by Frank Slaughter, built for William A. Heilman. Early 20th Century conversion to 4 apartments. Outstanding early 21st Century renovation with granite counter tops, original architectural integrity, and gourmet touches. 3 of 4 units currently occupied, great opportunity to live in one and let the other three pay your mortgage and pad your retirement/travel account. Current gross rent over $39K per year. Approximately 7 blocks from downtown medical school, with other major investments underway in the neighborhood. Come and be a part of the growth with this one of a kind investment opportunity!

Last Agent to Sell the Property

Philip Hooper

Berkshire Hathaway HomeServices Indiana Realty Listed on: 09/14/2015

Berkshire Hathaway HomeServices Indiana Realty

Last Buyer's Agent

SWIAR NonMember

NonMember SWIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,654

Year Built

  • Built in 1892

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70 x 148
  • Fenced Yard
  • Decorative Fence
  • Aluminum or Metal Fence
  • Level Lot

Home Design

  • Quadruplex
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Laundry in Utility Room

Kitchen

  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Schools

  • West Terrace Elementary School
  • Perry Heights Middle School
  • Francis Joseph Reitz High School

Additional Features

  • Balcony
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for lawn maintenance, maintenance, parking, trash collection, water
  • Assessor Parcel Number 82-06-31-020-085.002-029

Community Details

Overview

  • 4 Units
  • Elam Place Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Insurance Expense $1,200
  • Water Sewer Expense $2,141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,654

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1892
  • Style: Two Story
  • Bedrooms: 7
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: ELAM PLACE, LOT 2 & 30 FT LOT 3 |
  • Parcel Number ID: 82-06-31-020-085.002-029
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Fireplace, Off Street Parking, Near Walking Trail, Storage, Attic-Walk-up, Balcony, Ceiling-9+, Countertops-Stone, Crown Molding, Custom Cabinetry
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 6756
  • Total Finished Sq Ft: 4527
  • Above Grade Finished Sq Ft: 4527
  • Below Grade Sq Ft: 2229
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Wood
  • Total Below Grade Sq Ft: 2229
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Fence: Decorative, Metal
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Annual Insurance Expense: 1200
  • Annual Water Sewer Expense: 2141
  • Number Of W D Hookups: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: West Terrace

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 70 X 148
  • Estimated Lot Sq Ft: 10019
  • Estimated Lot Size Acres: 0.23

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Parking, Trash Collection, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 4654

Multi Family

  • Number Of Dishwashers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 3

MLS Schools

  • High School: Francis Joseph Reitz
  • Middle School: Perry Heights
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2015
Closed on
Nov 20, 2015
Sold by
Michael S Martin Realty V Llc
Bought by
Hatfield Brothers Land Holding
Seller's Agent
Philip Hooper
Berkshire Hathaway HomeServices Indiana Realty
Buyer's Agent
SWIAR NonMember
NonMember SWIAR
List Price
$229,900
Sold Price
$218,000
Premium/Discount to List
-$11,900
-5.18%
Current Estimated Value
$411,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,116
Avg. Annual Appreciation
6.59%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hatfield Brothers Land Holding $218,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $218,000 -5.2% $48 / Sq Ft
09/26/2015 09/26/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $229,900 -- $51 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,962 $276,300 $15,000 $261,300
2023 $5,905 $271,900 $14,700 $257,200
2022 $5,518 $252,700 $14,700 $238,000
2021 $5,320 $239,400 $14,700 $224,700
2020 $5,200 $239,400 $14,700 $224,700
2019 $5,169 $239,400 $14,700 $224,700
2018 $5,183 $239,100 $14,700 $224,400
2017 $5,165 $236,900 $14,700 $222,200
2016 $5,193 $237,800 $14,700 $223,100
2014 $5,136 $235,000 $14,700 $220,300
2013 -- $215,500 $14,700 $200,800
Source: Public Records

Agents Affiliated with this Home

  • Philip Hooper

    Seller's Agent in 2015

    Philip Hooper

    Berkshire Hathaway HomeServices Indiana Realty

    (812) 618-5000

    13 in this area

    153 Total Sales

    Philip Hooper
    Section Image

  • S

    Buyer's Agent in 2015

    SWIAR NonMember

    NonMember SWIAR

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201544271

Indiana Regional MLS

APN: 82-06-31-020-085.002-029

Indiana Vanderburgh County Evansville 47713 Riverside

1005 SE 2nd St, Evansville, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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