NOT LISTED FOR SALE

1027 Covert Ave Evansville, IN 47714

Southside Evansville Neighborhood

Estimated Value: $52,000 - $117,040

4 Beds
2 Baths
952 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2020

Last sale price $42,000 $44 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $574 / mo

206 Days on Market

Highlights

  • Saltbox Architecture
  • Forced Air Heating and Cooling System
  • 5-minute walk to Akin Park
  • Fenced Yard
  • Level Lot

About This Home

As of April 2020

Enjoy income and let this fully occupied low maintenance duplex pay for itself. Off street parking available. Close proximity to Main Street, schools, shopping, restaurants, etc. Currently professionally managed by ERS Property Management. Rent rolls available. Seller prefers to sell as a package with the duplex next door (1033 1035 Covert Ave), but would entertain a good offer on one duplex.

Last Agent to Sell the Property

Kimberly Clark

eXp Realty, LLC Listed on: 08/28/2019

eXp Realty, LLC

Last Buyer's Agent

Jonathan Weaver

F.C. TUCKER EMGE

F.C. TUCKER EMGE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 71x80
  • Fenced Yard
  • Level Lot

Home Design

  • Duplex
  • Saltbox Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Glenwood Elementary And Middle School
  • Bosse High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for water
  • Assessor Parcel Number 82-06-33-011-032.003-027

Community Details

Overview

  • 2 Units
  • Berlin Heights Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1940
  • Style: Two Story
  • Architectural Style: Salt Box
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT. NW SW 33-6-10 BERLIN HTS. 2
  • Parcel Number ID: 82-06-33-011-032.003-027
  • Platted: Yes
  • Amenities: Fenced Yard, Off Street Parking
  • Inside City Limits: Yes
  • Zoning Description: https://www.codepublishing.com/IN/Evansv
  • County Zoning: R-4 Multiple Residential
  • Special Features: None

Interior Features

  • Total Sq Ft: 952
  • Total Finished Sq Ft: 952
  • Above Grade Finished Sq Ft: 952
  • Basement Foundation: Crawl
  • Flooring: Mixed
  • Main Level Sq Ft: 476
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Fence: Privacy
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Evansville Water & Sewer

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Glenwood

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 71x80
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Bosse
  • Middle School: Glenwood
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2025
Sold by
Calloway Llc
Bought by
Blueland Group Llc
Current Estimated Value
$78,510

Purchase Details

Listed on
Aug 28, 2019
Closed on
Apr 24, 2020
Sold by
Bradfield Holdings Llc
Bought by
Calloway Llc
Seller's Agent
Kimberly Clark
eXp Realty, LLC
Buyer's Agent
Jonathan Weaver
F.C. TUCKER EMGE
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
Original Mortgage
$34,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 2016
Sold by
Effinger Kathy A
Bought by
Bradfield Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,200
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blueland Group Llc -- Hometown Title
Calloway Llc -- None Available
Bradfield Holding Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Calloway Llc $34,000
Previous Owner Bradfield Holding Llc $33,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2020 04/24/20 Sold $42,000 -15.8% $44 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
08/28/2019 08/28/19 For Sale $49,900 -- $52 / Sq Ft
Source: Indiana Regional MLS

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
2025 $1,900 $55,000 $16,600 $38,400
2024 $1,900 $51,500 $12,800 $38,700
2023 $1,315 $50,200 $12,800 $37,400
2022 $1,108 $50,400 $12,800 $37,600
2021 $1,018 $45,500 $12,800 $32,700
2020 $932 $42,600 $12,800 $29,800
2019 $927 $42,600 $12,800 $29,800
2018 $930 $42,600 $12,800 $29,800
2017 $930 $42,400 $12,800 $29,600
2016 $934 $42,500 $12,800 $29,700
2014 $922 $41,900 $12,800 $29,100
2013 -- $42,200 $12,800 $29,400
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Clark

    Seller's Agent in 2020

    Kimberly Clark

    eXp Realty, LLC

    (812) 449-2119

    14 in this area

    287 Total Sales

    Kimberly Clark
    Section Image
  • Jonathan Weaver

    Buyer's Agent in 2020

    Jonathan Weaver

    F.C. TUCKER EMGE

    (812) 568-0562

    6 in this area

    164 Total Sales

    Jonathan Weaver
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201938015

Indiana Regional MLS

APN: 82-06-33-011-032.003-027

Indiana Vanderburgh County Evansville 47714 Southside Evansville

1027 Covert Ave, 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 Based on information submitted to the MLS GRID. 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. 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.
Based on information submitted to the MLS GRID

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