$130,000
SOLD MAY 12, 2025

1227 1229 Corregidor Cir Evansville, IN 47714

Ross Center Neighborhood
4 Beds
2 Baths
1,116 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

4% Below List Price

112 Days on Market

Highlights

  • Wood Flooring
  • Storm Doors
  • Level Lot
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

Investment Opportunity! Fully rented, professionally managed duplex on Evansville's east side. Each unit consists of two bedrooms, full bathroom, large living room, dining room, and kitchen. Additionally, each unit has a separate, unfinished basement providing lots of storage and laundry hookups. Outside is off-street parking and pleasant back yard. Tenant pays all utilities. Per Seller: Roof 03/2020, windows 08/2020, new tub surrounds in both units 09/2020, new tub in 1229 12/2023.

Last Agent to Sell the Property

Jacy Gowen

Weichert Realtors-The Schulz Group Brokerage Phone: 812-499-8470 Listed on: 12/13/2024

Weichert Realtors-The Schulz Group

Last Buyer's Agent

Jerrod Eagleson

KELLER WILLIAMS CAPITAL REALTY

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $686

Year Built

  • Built in 1945

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 56 x 115
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Storm Doors
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

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

Community Details

  • 2 Units
  • Insurance Expense $1,830

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • The owner pays for building insurance
  • Assessor Parcel Number 82-06-34-012-012.031-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$686

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1945
  • Age: 80
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: EASTWOOD SUB SEC B L 28 BL F
  • Parcel Number ID: 82-06-34-012-012.031-027
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Countertops-Laminate, Storm Doors, Water Heater Gas, Sump Pump, Washer Hook-Up
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1330
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 1674
  • Total Finished Sq Ft: 1116
  • Above Grade Finished Sq Ft: 1116
  • Below Grade Sq Ft: 558
  • Price Per Sq Ft: 116.49
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Wood, Vinyl
  • Total Below Grade Sq Ft: 558
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1830
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 56 x 115
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance
  • Tenant Pays: Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1330
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 686.28

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
May 12, 2025
Sold by
Corregidor Townhomes Llc
Bought by
Shutts Rental Management Llc
Seller's Agent
Jacy Gowen
Weichert Realtors-The Schulz Group
Buyer's Agent
Jerrod Eagleson
KELLER WILLIAMS CAPITAL REALTY
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%
Views
176
Current Estimated Value
$135,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,953
Avg. Annual Appreciation
13.65%
Original Mortgage
$104,000
Outstanding Balance
$103,591
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$32,362

Purchase Details

Closed on
Mar 13, 2024
Sold by
W Diversified Llc
Bought by
Corregidor Townhomes Llc

Purchase Details

Closed on
Aug 27, 2019
Sold by
Brown Lon
Bought by
W Diversified Llc

Purchase Details

Closed on
Dec 14, 2005
Sold by
Ja Properties Llc
Bought by
Brown Lon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- Hometown Title
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $104,000 New Conventional
Previous Owner $73,500 New Conventional
Previous Owner $81,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $130,000 0.0% $116 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
02/27/2025 02/27/25 Price Changed $130,000 -3.7% $116 / Sq Ft
12/13/2024 12/13/24 For Sale $135,000 -- $121 / 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 $695 $32,200 $16,000 $16,200
2023 $686 $31,600 $16,000 $15,600
2022 $690 $31,600 $16,000 $15,600
2021 $673 $30,300 $16,000 $14,300
2020 $658 $30,300 $16,000 $14,300
2019 $641 $29,700 $16,000 $13,700
2018 $644 $29,700 $16,000 $13,700
2017 $645 $29,600 $16,000 $13,600
2016 $655 $30,000 $16,000 $14,000
2014 $702 $32,000 $16,000 $16,000
2013 -- $32,700 $16,000 $16,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202447060

Indiana Regional MLS

APN: 82-06-34-012-012.031-027