NOT LISTED FOR SALE

1320 S Grand Ave Unit A & B Evansville, IN 47713

Tepe Park Neighborhood

Estimated Value: $124,000 - $133,000

5 Beds
3 Baths
2,800 Sq Ft
$46/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $82,500 $29 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $878/month

3 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Central Air

About This Home

As of October 2021

Fully rented, professionally managed duplex with separate utility meters. Per seller, completely updated in 2005 to include plumbing, electrical, HVACs, flooring, kitchens, and roof. Duplex and garage to be sold "as-is".

Last Agent to Sell the Property

Rachel Deyoung

F.C. TUCKER EMGE Listed on: 09/20/2021

F.C. TUCKER EMGE

Last Buyer's Agent

Stacey Carpenter

KELLER WILLIAMS CAPITAL REALTY

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,168

Year Built

  • Built in 1907

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 38'x126'
  • Corner Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Eat-In Kitchen
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, lawn maintenance, sewer, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 82-06-32-023-055.007-029

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,168

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1907
  • Age: 114
  • Style: One and Half Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: G A BITTROLFF ADD TO BEDFORD PARK LOT 11 PT LOT 10 BL 2
  • Parcel Number ID: 82-06-32-023-055.007-029
  • Platted: Yes
  • Amenities: Eat-In Kitchen
  • Sp Lp Percent: 94.29
  • Monthly Gross Income: 1350
  • Special Features: None

Interior Features

  • Total Sq Ft: 3640
  • Total Finished Sq Ft: 2800
  • Above Grade Finished Sq Ft: 2800
  • Below Grade Sq Ft: 840
  • Price Per Sq Ft: 29.46
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 840
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1.5

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 38'x126'
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1350
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1167.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 28, 2021
Sold by
Lovellette Brandon C
Bought by
Mcaleavy Sean
Seller's Agent
Rachel Deyoung
F.C. TUCKER EMGE
Buyer's Agent
Stacey Carpenter
KELLER WILLIAMS CAPITAL REALTY
List Price
$87,500
Sold Price
$82,500
Premium/Discount to List
-$5,000
-5.71%
Current Estimated Value
$128,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,860
Avg. Annual Appreciation
17.72%
Original Mortgage
$61,875
Outstanding Balance
$57,515
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$92,352

Purchase Details

Closed on
Aug 10, 2018
Sold by
Ellis Wayne
Bought by
Lovellette Brandon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2010
Sold by
Williams Eric R
Bought by
Ellis Wayne

Purchase Details

Closed on
Dec 30, 2004
Sold by
Heritage Investments Llc
Bought by
Golden Oak Investments Llc
Source: Public Records

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Range of Values:

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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
Mcaleavy Sean $82,500 Near North Title Group
Lovellette Brandon C -- Regional Title Services Llc
Ellis Wayne $68,000 --
Golden Oak Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcaleavy Sean $61,875
Previous Owner Lovellette Brandon C $40,500
Previous Owner Ellis Wayne $199,100
Previous Owner Golden Oak Investments Llc $75,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $82,500 -5.7% $29 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $87,500 -- $31 / 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 $1,993 $80,300 $6,900 $73,400
2023 $857 $77,500 $6,900 $70,600
2022 $1,701 $77,900 $6,900 $71,000
2021 $1,193 $54,000 $6,900 $47,100
2020 $1,168 $54,000 $6,900 $47,100
2019 $1,161 $54,000 $6,900 $47,100
2018 $444 $20,500 $6,900 $13,600
2017 $445 $20,400 $6,900 $13,500
2016 $446 $20,400 $6,900 $13,500
2014 $435 $19,900 $6,900 $13,000
2013 -- $20,100 $6,900 $13,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202139575

Indiana Regional MLS

APN: 82-06-32-023-055.007-029