NOT LISTED FOR SALE

1229 Macarthur Cir Evansville, IN 47714

Estimated Value: $79,000 - $140,000

2 Beds
2 Baths
544 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $95,001 $175 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $623/month

13 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • 5-minute walk to Lorraine Park
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Great Investment Opportunity for this professionally managed income producing duplex, located on Evansville’s East side. Each unit consists of 1 bed/1 bath with each currently occupied. Side 1229 currently rents for $395 per month, and side 1231 currently rents for $495 per month, totaling $890 for a monthly cash flow. Current rents are under market and have the opportunity to be increased over time in order to increase the ROI. Units are separately metered and tenants pay their own water/sewer/trash and gas/electric.

Last Agent to Sell the Property

Charlie Butler

KELLER WILLIAMS CAPITAL REALTY Brokerage Phone: 812-430-1708 Listed on: 03/03/2023

KELLER WILLIAMS CAPITAL REALTY

Last Buyer's Agent

Lori Seibert

Key Associates Signature Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $727

Year Built

  • Built in 1945

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65x115

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, maintenance, tax
  • Assessor Parcel Number 82-06-34-012-010.009-027

Community Details

Overview

  • 2 Units
  • East Wood / Eastwood Subdivision

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$727

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1945
  • Age: 78
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: EASTWOOD SUB SEC A L 9 BL A
  • Parcel Number ID: 82-06-34-012-010.009-027
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 890
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 816
  • Total Finished Sq Ft: 544
  • Above Grade Finished Sq Ft: 544
  • Below Grade Sq Ft: 272
  • Price Per Sq Ft: 174.63
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Wood
  • Main Level Sq Ft: 544
  • Total Below Grade Sq Ft: 272
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Evansville Water & Sewer

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 65X115
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 890
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 727

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
Mar 3, 2023
Closed on
Mar 31, 2023
Sold by
Chartwell Investments Llc
Bought by
Escobar Rafael A and Rivera Nesly M
Seller's Agent
Charlie Butler
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Lori Seibert
Key Associates Signature Realty
List Price
$95,000
Sold Price
$95,001
Premium/Discount to List
$1
0.001%
Views
110
Current Estimated Value
$105,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,595
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
Dec 28, 2017
Sold by
Howell Jeff and Howell Jeffery S
Bought by
Chartwell Investments Llc

Purchase Details

Listed on
Oct 22, 2012
Closed on
Mar 28, 2013
Sold by
Ross Center Properties Llp
Bought by
Dtc Properties Llc
Seller's Agent
Jonathan Weaver
F.C. TUCKER EMGE
Buyer's Agent
Jonathan Weaver
F.C. TUCKER EMGE
List Price
$40,000
Sold Price
$21,000
Premium/Discount to List
-$19,000
-47.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%

Purchase Details

Closed on
Jun 9, 2005
Sold by
Landella Investments Llp
Bought by
Haas John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,814
Interest Rate
5.87%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Escobar Rafael A $95,001 --
Chartwell Investments Llc -- None Available
Dtc Properties Llc -- None Available
Haas John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haas John $52,814
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $95,001 0.0% $175 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $95,000 0.0% $175 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $95,000 +352.4% $175 / Sq Ft
03/28/2013 03/28/13 Sold $21,000 -47.5% $19 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
10/22/2012 10/22/12 For Sale $40,000 -- $37 / 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 $755 $35,000 $18,500 $16,500
2023 $740 $33,800 $18,500 $15,300
2022 $744 $33,800 $18,500 $15,300
2021 $727 $32,500 $18,500 $14,000
2020 $714 $32,600 $18,500 $14,100
2019 $710 $32,600 $18,500 $14,100
2018 $713 $32,600 $18,500 $14,100
2017 $715 $32,500 $18,500 $14,000
2016 $626 $28,400 $18,500 $9,900
2014 $651 $29,500 $18,500 $11,000
2013 -- $30,000 $18,500 $11,500
Source: Public Records

Agents Affiliated with this Home

  • Charlie Butler

    Seller's Agent in 2023

    Charlie Butler

    KELLER WILLIAMS CAPITAL REALTY

    (812) 430-1708

    529 Total Sales

    Charlie Butler
    Section Image
  • Lori Seibert

    Buyer's Agent in 2023

    Lori Seibert

    Key Associates Signature Realty

    (812) 430-5884

    41 Total Sales

    Lori Seibert
    Section Image
  • Jonathan Weaver

    Seller's Agent in 2013

    Jonathan Weaver

    F.C. TUCKER EMGE

    (812) 568-0562

    179 Total Sales

    Jonathan Weaver
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202306170

Indiana Regional MLS

APN: 82-06-34-012-010.009-027

Indiana Vanderburgh County Evansville 47714

1229 Macarthur Cir, Evansville, IN

This home is located at 1229 Macarthur Cir, Evansville, IN 47714 since 03 March 2023 and is currently estimated at $105,596, approximately $194 per square foot. This property was built in 1945. 1229 Macarthur Cir is a home located in Vanderburgh County with nearby schools including Dexter Elementary School, Benjamin Bosse High 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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