NOT LISTED FOR SALE

1137 Busseron St Vincennes, IN 47591

Estimated Value: $104,000 - $142,000

4 Beds
2 Baths
2,125 Sq Ft
$54/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $55,000 $26 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $721/month

211 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Level Lot
  • Covered Patio or Porch
  • Forced Air Heating System
  • Wood Siding

About This Home

As of March 2023

INVESTMENT PROPERTY OPPORTUNITY!! Features include two rented units with a consistent rental history and seller maintenance history. Tenant in Unit B has access to detached garage. (SEE AGENT REMARKS.)

Last Agent to Sell the Property

Phil Corrona

Fathom Realty IN, LLC Listed on: 06/20/2022

Fathom Realty IN, LLC

Last Buyer's Agent

NEIAR NonMember

NonMember NEIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 1891

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Vigo Elementary School
  • Clark Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, trash collection, deposit value
  • The owner pays for electric, fuel, sewer, water
  • Assessor Parcel Number 42-12-28-104-012.000-022

Community Details

Overview

  • 2 Units
  • Caldwell Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Electric Expense $1,140
  • Fuel Expense $2,413
  • Insurance Expense $652
  • Maintenance Expense $132
  • Water Sewer Expense $887

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,362

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1891
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Caldwell Add Pt Lot 10 .13A Caldwell Add PT Lot 11
  • Parcel Number ID: 42-12-28-104-012.000-022
  • Platted: Yes
  • Amenities: Off Street Parking, Detector-Smoke, Porch Covered, Water Heater Gas
  • Parcel Id2: 42-12-28-104-011.000-022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2604
  • Total Finished Sq Ft: 2125
  • Above Grade Finished Sq Ft: 2125
  • Below Grade Sq Ft: 479
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Carpet, Wood, Tile, Vinyl
  • Total Below Grade Sq Ft: 479
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1140
  • Annual Fuel Expense: 2413
  • Annual Insurance Expense: 652
  • Annual Maintenance Expense: 132
  • Annual Water Sewer Expense: 887
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Vigo

Lot Info

  • Lot Description: Level
  • Lot Dimensions: RECTANGULAR
  • Estimated Lot Sq Ft: 11326
  • Estimated Lot Size Acres: 0.26

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel, Sewer, Water
  • Tenant Pays: Cable, Trash Collection, Deposit Value

Tax Info

  • Annual Property Tax: 1362.22

Multi Family

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

MLS Schools

  • High School: Lincoln
  • Middle School: Clark
  • School District: Vincennes Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Mar 1, 2023
Sold by
Smith Thomas
Bought by
New Journey Homes Llc
Seller's Agent
Phil Corrona
Fathom Realty IN, LLC
Buyer's Agent
NEIAR NonMember
NonMember NEIAR
List Price
$73,300
Sold Price
$55,000
Premium/Discount to List
-$18,300
-24.97%
Views
83
Current Estimated Value
$115,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,295
Avg. Annual Appreciation
30.63%
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
New Journey Homes Llc $117,000 Near North Title Group
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $55,000 -15.3% $26 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
12/14/2022 12/14/22 Price Changed $64,900 -7.2% $31 / Sq Ft
09/16/2022 09/16/22 Price Changed $69,900 -4.6% $33 / Sq Ft
06/20/2022 06/20/22 For Sale $73,300 -- $34 / 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 $4,967 $80,800 $10,600 $70,200
2023 $1,667 $72,400 $6,700 $65,700
2022 $1,332 $64,900 $6,800 $58,100
2021 $1,206 $58,700 $6,800 $51,900
2020 $1,167 $56,900 $6,800 $50,100
2019 $1,157 $55,600 $6,600 $49,000
2018 $1,141 $54,900 $6,600 $48,300
2017 $1,134 $54,400 $6,600 $47,800
2016 $1,134 $54,400 $6,600 $47,800
2014 $1,075 $52,600 $6,600 $46,000
2013 $1,141 $55,300 $4,700 $50,600
Source: Public Records

Agents Affiliated with this Home

  • Phil Corrona

    Seller's Agent in 2023

    Phil Corrona

    Fathom Realty IN, LLC

    (812) 890-9764

    72 in this area

    124 Total Sales

    Phil Corrona
    Section Image

  • N

    Buyer's Agent in 2023

    NEIAR NonMember

    NonMember NEIAR

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Map

Source: Indiana Regional MLS

MLS Number: 202224680

Indiana Regional MLS

APN: 42-12-28-104-012.000-022

Indiana Knox County Vincennes 47591

1137 Busseron St, Vincennes, IN

Not Listed for Sale

MultiFamily

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