NOT LISTED FOR SALE

1100 S Weinbach Ave Evansville, IN 47714

Lorraine Park Neighborhood
161 Beds
112 Baths
71,958 Sq Ft
3.34 Acres

Last Sold November 24, 2015

Last sale price $2,000,000 $28 Per Sq Ft

175 Days on Market

Highlights

  • 3.34 Acre Lot
  • Level Lot
  • Vinyl Flooring
  • Central Air
  • Community Storage Space

About This Home

As of November 2015

LexBrook Apartments are comprised of 110 units with an office and a storage unit that could be 2 additional rental units.There are 59 one bedroom units and 51 Two bedroom units. There are 2 income producing Laundry rooms on the property as well. All 6 buildings have new roofs and energy efficient Low E windows. Many units have been recently updated. There are 2 parcels that make up the approximately 3.34 Acres 1100-1130 S Weinbach Ave and 1151 S Lincoln Park. This complex is conveniently Located on Evansville's east side. Great opportunity with Great occupancy.

Last Agent to Sell the Property

Charlie Butler

KELLER WILLIAMS CAPITAL REALTY Listed on: 01/21/2015

KELLER WILLIAMS CAPITAL REALTY

Last Buyer's Agent

Charlie Butler

KELLER WILLIAMS CAPITAL REALTY Listed on: 01/21/2015

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $35,066

Year Built

  • Built in 1968

Lot Details

  • 3.34 Acre Lot
  • Level Lot

Parking

  • 170 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation

Interior Spaces

  • 71,958 Sq Ft Home
  • 3-Story Property

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 161 Bedrooms
  • 112 Full Bathrooms

Schools

  • Dexter Elementary School
  • Washington Middle School
  • Bosse High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for heating
  • The owner pays for trash collection, water
  • Assessor Parcel Number 82-06-34-017-076.024-027

Community Details

Building Details

  • Electric Expense $13,332
  • Fuel Expense $5,023
  • Insurance Expense $19,728
  • Maintenance Expense $17,029
  • Water Sewer Expense $47,536

Additional Features

  • 110 Units
  • Community Storage Space

Property Details

Home Type

Apartment

Est. Annual Taxes

$35,066

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1968
  • Age: 47
  • Bedrooms: 161
  • Number Above Grade Bedrooms: 161
  • Total Bathrooms: 112
  • Total Full Bathrooms: 112
  • Legal Description: PT W1/2 NW NW 34-6-10, PT W1/2 NW NW 34-6-10 |
  • Parcel Number ID: 82-06-34-017-076.024-027
  • Platted: Yes
  • Amenities: Storage
  • Sp Lp Percent: 76.92
  • Monthly Gross Income: 50770
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 71958
  • Total Finished Sq Ft: 71958
  • Above Grade Finished Sq Ft: 71958
  • Price Per Sq Ft: 27.79
  • Basement Foundation: Slab
  • Basement Material: Brick
  • Flooring: Laminate, Vinyl
  • Number Of Ranges Ovens: 110

Exterior Features

  • Exterior: Brick
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 170

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 13332
  • Annual Fuel Expense: 5023
  • Annual Insurance Expense: 19728
  • Annual Maintenance Expense: 17029
  • Annual Water Sewer Expense: 47536

Schools

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

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 145490
  • Estimated Lot Size Acres: 3.34

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Heating

Multi Family

  • Gross Monthly Rent: 50770
  • Number Of Refrigerators: 110
  • Number Of Units: 110
  • Num Of1 Bedrooms: 59
  • Num Of2 Bedrooms: 51
  • Num Of Units Rented: 100

Tax Info

  • Annual Property Tax: 35066.5

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2015 11/24/15 Sold $2,000,000 -23.1% $28 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $2,600,000 -- $36 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Charlie Butler

    Seller's Agent in 2015

    Charlie Butler

    KELLER WILLIAMS CAPITAL REALTY

    (812) 430-1708

    6 in this area

    542 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 201502583

Indiana Regional MLS

Indiana Vanderburgh County Evansville 47714 Lorraine Park

1100 S Weinbach Ave, Evansville, IN

This home is located at 1100 S Weinbach Ave, Evansville, IN 47714 since 21 January 2015. This property was built in 1968. 1100 S Weinbach Ave is a home located in Vanderburgh County with nearby schools including Benjamin Bosse High School, Dexter Elementary School, and Washington Middle School.

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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