NOT LISTED FOR SALE

109 E Eichel Ave Evansville, IN 47711

Jacobsville Neighborhood

Estimated Value: $125,673 - $134,000

5 Beds
3 Baths
2,456 Sq Ft
$53/Sq Ft Est. Value

Last Sold March 20, 2025

Last sale price $126,000 $51 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $735/month

24 Days on Market

Highlights

  • Eat-In Kitchen
  • Entrance Foyer
  • Ceiling height of 9 feet or more
  • North High School Rated A-
  • Laundry in Utility Room
  • Central Air

About This Home

As of March 2025

Investment opportunity! Fully rented and professionally managed. Unit 1 consists of 1 bedroom, 1 bathroom, kitchen and living room. Unit two has 4 bedrooms,2 baths, living room, kitchen and utility room. Fully remodeled in 2024. New LVT flooring throughout, as well as, new windows, roof, siding, HVAC, electric, plumbing.

Last Agent to Sell the Property

Charlie Butler

KELLER WILLIAMS CAPITAL REALTY Brokerage Phone: 812-430-1708 Listed on: 01/24/2025

KELLER WILLIAMS CAPITAL REALTY

Co-Listed By

Candace DeArmond

Dauby Real Estate Brokerage Phone: 812-430-1708

Last Buyer's Agent

Cori Walton

Catanese Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $426

Year Built

  • Built in 1909

Lot Details

  • 3,225 Sq Ft Lot
  • Lot Dimensions are 25x129
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,456 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Delaware Elementary School
  • North Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, water
  • Assessor Parcel Number 82-06-20-026-058.005-029

Community Details

Overview

  • 2 Units
  • Garvin Park Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$426

Year Built

Built in 1909

Lot Details

3,225 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1909
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: GARVIN PARK LOT 5 BL 8
  • Parcel Number ID: 82-06-20-026-058.005-029
  • Platted: Yes
  • Amenities: Off Street Parking, Ceiling-9+, Deck Open, Eat-In Kitchen, Foyer Entry, Washer Hook-Up
  • Special Features: None

Interior Features

  • Total Sq Ft: 2456
  • Total Finished Sq Ft: 2456
  • Above Grade Finished Sq Ft: 2456
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Delaware

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 25X129
  • Estimated Lot Sq Ft: 3225
  • Estimated Lot Size Acres: 0.07
  • Lot Number: 5

Rental Info

  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Water

Tax Info

  • Annual Property Tax: 426.35

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Number Of 4 Bedrooms: 1

MLS Schools

  • High School: North
  • Middle School: North
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
Mar 20, 2025
Sold by
Evansville Northwest Holdings Llc
Bought by
Chen Nicholas and Gomez Alejandra Lucia
Seller's Agent
Charlie Butler
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Cori Walton
Catanese Real Estate
List Price
$129,000
Sold Price
$126,000
Premium/Discount to List
-$3,000
-2.33%
Views
73
Current Estimated Value
$129,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,418
Avg. Annual Appreciation
3.02%
Original Mortgage
$94,500
Outstanding Balance
$93,685
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$35,733

Purchase Details

Closed on
Apr 25, 2024
Sold by
Sheriff Of Vanderburgh
Bought by
Evansville Nw Holdings Llc
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
Chen Nicholas -- Columbia Title
Evansville Nw Holdings Llc $16,294 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Nicholas $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2025 03/20/25 Sold $126,000 -2.3% $51 / Sq Ft
02/17/2025 02/17/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $129,000 -- $53 / 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 $824 $40,400 $5,500 $34,900
2024 $824 $38,200 $4,200 $34,000
2023 $196 $36,700 $4,200 $32,500
2022 $105 $36,900 $4,200 $32,700
2021 $105 $34,100 $4,200 $29,900
2020 $105 $34,100 $4,200 $29,900
2019 $105 $34,100 $4,200 $29,900
2018 $105 $34,000 $4,200 $29,800
2017 $99 $33,800 $4,200 $29,600
2016 $98 $34,000 $4,200 $29,800
2014 $85 $33,300 $4,200 $29,100
2013 -- $40,400 $4,200 $36,200
Source: Public Records

Agents Affiliated with this Home

  • Charlie Butler

    Seller's Agent in 2025

    Charlie Butler

    KELLER WILLIAMS CAPITAL REALTY

    (812) 430-1708

    25 in this area

    501 Total Sales

    Charlie Butler
    Section Image

  • C

    Seller Co-Listing Agent in 2025

    Candace DeArmond

    Dauby Real Estate

    (812) 455-6338

    2 in this area

    51 Total Sales

    Candace DeArmond
    Section Image
  • Cori Walton

    Buyer's Agent in 2025

    Cori Walton

    Catanese Real Estate

    (812) 760-0826

    1 in this area

    164 Total Sales

    Cori Walton
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202502302

Indiana Regional MLS

APN: 82-06-20-026-058.005-029

Indiana Vanderburgh County Evansville 47711 Jacobsville

109 E Eichel Ave, Evansville, IN

Not Listed for Sale

MultiFamily

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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