NOT LISTED FOR SALE

1201 Nicholas St Unit 8 Vincennes, IN 47591

8 Beds
8 Baths
5,168 Sq Ft
0.3 Acres

Last Sold October 16, 2019

Last sale price $224,600 $43 Per Sq Ft

28 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet

About This Home

As of October 2019

8 one bedroom apartment units with kitchen, living room & off street parking. Units 7 & 8 are located on the upper level, rent of $450.00 and deposits of $400.00 ea.Tenant pays internet/cable and electric. Landlord pays trash removal, water/sewer bill, common area electric with an average of $40.00 a month, lawn maintenance, building maintenance & building insurance. One unit is vacant at this time.

Last Agent to Sell the Property

Heath Klein

KLEIN RLTY&AUCTION, INC. Listed on: 08/15/2019

Last Buyer's Agent

Cameron Engstrom

KLEIN RLTY&AUCTION, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,355

Year Built

  • Built in 1982

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Driveway
  • Parking Lot
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 42-12-28-209-038.000-022

Community Details

Overview

  • 8 Units
  • Mccord & Bayards Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 8 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $999
  • Maintenance Expense $3,360
  • Trash Expense $1,284
  • Water Sewer Expense $2,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,355

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Eightplex
  • Year Built: 1982
  • Age: 37
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: McCord & Bayards SUB Lot 20 & 21 PT Lot 22
  • Parcel Number ID: 42-12-28-209-038.000-022
  • Platted: Yes
  • Amenities: Off Street Parking, Water Heater Electric
  • Cross Street: S. 12 1/2 St.
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 86.38
  • Zoning Description: Light Industrial District
  • Monthly Gross Income: 3550
  • Year Taxes Payable: 18 pay 19
  • Special Features: None

Interior Features

  • Total Sq Ft: 5168
  • Total Finished Sq Ft: 5168
  • Above Grade Finished Sq Ft: 5168
  • Price Per Sq Ft: 43.46
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 2584
  • Number Of Ranges Ovens: 8

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 10
  • Parking: Lot, Off Street

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Vincennes Water Utilities
  • Annual Insurance Expense: 999
  • Annual Maintenance Expense: 3360
  • Annual Trash Expense: 1284
  • Annual Water Sewer Expense: 2880
  • Number Electric Meters: 8
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Multi Family

  • Gross Monthly Rent: 3550
  • Number Of Refrigerators: 8
  • Number Of Units: 8
  • Num Of1 Bedrooms: 8
  • Num Of Units Rented: 8

Tax Info

  • Annual Property Tax: 3354.76

MLS Schools

  • High School: Lincoln
  • Middle School: Clark
  • School District: Vincennes Community 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
10/16/2019 10/16/19 Sold $224,600 -13.6% $43 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $260,000 -- $50 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Heath Klein

    Seller's Agent in 2019

    Heath Klein

    KLEIN RLTY&AUCTION, INC.

    (812) 291-2202

    158 Total Sales

    Heath Klein
    Section Image
  • Cameron Engstrom

    Buyer's Agent in 2019

    Cameron Engstrom

    KLEIN RLTY&AUCTION, INC.

    (812) 830-0019

    97 Total Sales

    Cameron Engstrom
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201935524

Indiana Regional MLS
Indiana Knox County Vincennes 47591

1201 Nicholas St Unit 8, Vincennes, IN

This home is located at 1201 Nicholas St Unit 8, Vincennes, IN 47591 since 15 August 2019. This property was built in 1982. 1201 Nicholas St Unit 8 is a home located in Knox County with nearby schools including Lincoln High School, Flaget Elementary School, and Rivet Middle/High 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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