NOT LISTED FOR SALE

1035 Covert Ave Evansville, IN 47714

Estimated Value: $74,000 - $107,000

4 Beds
2 Baths
952 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $45,500 $48 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $588/month

197 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

Fully occupied income producer! Enjoy this maintenance free duplex. Seller prefers to sell as a package with 1025 1027 Covert Ave (duplex next door), but will entertain a good offer for just one duplex. Rent rolls available. Managed professionally by ERS Property Management.

Last Agent to Sell the Property

Kimberly Clark

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

eXp Realty, LLC

Last Buyer's Agent

Adam Graber

Key Associates Signature Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $988

Year Built

  • Built in 1990

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

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 82-06-33-011-032.004-027

Community Details

Overview

  • 2 Units
  • Berlin Heights Subdivision

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$988

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1990
  • Age: 30
  • Style: Two Story
  • Architectural Style: Salt Box
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT NW SW 33-6-10 BERLIN HEIGHTS NO 2
  • Parcel Number ID: 82-06-33-011-032.004-027
  • Platted: Yes
  • Amenities: Fenced Yard, Off Street Parking
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.18
  • Zoning Description: https://www.codepublishing.com/IN/Evansv
  • Monthly Gross Income: 1010
  • County Zoning: R-4 Multiple Residential
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 952
  • Total Finished Sq Ft: 952
  • Above Grade Finished Sq Ft: 952
  • Price Per Sq Ft: 47.79
  • Basement Foundation: Crawl
  • Flooring: Mixed
  • Main Level Sq Ft: 476
  • Number Of Ranges Ovens: 1

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Gravel, 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

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

Multi Family

  • Gross Monthly Rent: 1010
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 988

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
Jan 12, 2023
Sold by
Kwong Christopher and Hyatt-Shaw Sarah
Bought by
Ixora Llc
Current Estimated Value
$93,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$61,672
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$31,829

Purchase Details

Closed on
Jan 11, 2023
Sold by
Rec 298 Llc
Bought by
Hyatt-Shaw Sarah and Kwong Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$61,672
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$31,829

Purchase Details

Listed on
Aug 28, 2019
Closed on
Apr 28, 2020
Sold by
Bradfield Matthew D and Bradfield Katherina J
Bought by
Rec 298 Llc
Seller's Agent
Kimberly Clark
eXp Realty, LLC
Buyer's Agent
Adam Graber
Key Associates Signature Realty
List Price
$49,900
Sold Price
$45,500
Premium/Discount to List
-$4,400
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Original Mortgage
$36,400
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 23, 2016
Sold by
Effinger Kathy A
Bought by
Bradfield Matthew D and Bradfield Katerina J
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
Ixora Llc -- None Listed On Document
Hyatt-Shaw Sarah -- None Listed On Document
Rec 298 Llc -- None Available
Bradfield Matthew D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyatt-Shaw Sarah $63,750
Previous Owner Rec 298 Llc $36,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $45,500 -8.8% $48 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
08/28/2019 08/28/19 For Sale $49,900 -- $52 / 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 $1,101 $51,000 $12,800 $38,200
2023 $1,081 $49,600 $12,800 $36,800
2022 $1,074 $49,800 $12,800 $37,000
2021 $985 $45,000 $12,800 $32,200
2020 $991 $45,300 $12,800 $32,500
2019 $985 $45,300 $12,800 $32,500
2018 $989 $45,300 $12,800 $32,500
2017 $987 $45,000 $12,800 $32,200
2016 $991 $45,100 $12,800 $32,300
2014 $979 $44,500 $12,800 $31,700
2013 -- $44,800 $12,800 $32,000
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Clark

    Seller's Agent in 2020

    Kimberly Clark

    eXp Realty, LLC

    (812) 449-2119

    290 Total Sales

    Kimberly Clark
    Section Image

  • A

    Buyer's Agent in 2020

    Adam Graber

    Key Associates Signature Realty

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Map

Source: Indiana Regional MLS

MLS Number: 201938026

Indiana Regional MLS

APN: 82-06-33-011-032.004-027

Indiana Vanderburgh County Evansville 47714

1035 Covert Ave, Evansville, IN

This home is located at 1035 Covert Ave, Evansville, IN 47714 since 28 August 2019 and is currently estimated at $93,501, approximately $98 per square foot. This property was built in 1990. 1035 Covert Ave is a home located in Vanderburgh County with nearby schools including Benjamin Bosse High School, Glenwood Leadership Academy, and Annunciation Catholic School - Holy Spirit Campus.

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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