NOT LISTED FOR SALE

1401 Jeanette Ave Evansville, IN 47714

Estimated Value: $147,000 - $171,000

6 Beds
6 Baths
2,736 Sq Ft
$58/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $155,000 $57 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,079/month

2 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Level Lot
  • Tile Flooring

About This Home

As of November 2023

Great Investment duplex property on east side of town. Each unit is 3 Beds, 2 1/2 Baths. Separate meters, tenants pays all utilities. 1401 - $795 per month. Lease ends 11/30/23. 1403 - $850 per month. Lease ends 4/30/24. Sold as is, inspections will be for buyers information only.

Last Agent to Sell the Property

Amber Barrera

Berkshire Hathaway HomeServices Indiana Realty Brokerage Phone: 812-306-6397 Listed on: 10/05/2023

Berkshire Hathaway HomeServices Indiana Realty

Last Buyer's Agent

Jenny McBride

KELLER WILLIAMS CAPITAL REALTY

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,667

Year Built

  • Built in 1974

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Fenced Yard
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Caze Elementary School
  • Mcgary Middle School
  • William Henry Harrison High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance
  • Assessor Parcel Number 82-06-35-011-151.013-027

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $761
  • Maintenance Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,667

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1974
  • Age: 49
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 2
  • Legal Description: BARBARA SUB. LOT 13
  • Parcel Number ID: 82-06-35-011-151.013-027
  • Platted: Yes
  • Amenities: Fenced Yard, Off Street Parking
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1645
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2736
  • Total Finished Sq Ft: 2736
  • Above Grade Finished Sq Ft: 2736
  • Price Per Sq Ft: 56.65
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile, Vinyl Tile
  • 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: 761
  • Annual Maintenance Expense: 2000
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Caze
  • Middle School: McGary
  • High School: William Henry Harrison
  • Elementary School: Caze

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x100
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1645
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1666.72

MLS Schools

  • High School: William Henry Harrison
  • Middle School: McGary
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Nov 7, 2023
Sold by
Dsm Jeanette Llc
Bought by
Velishek Robert and Barlage Tracy
Seller's Agent
Amber Barrera
Berkshire Hathaway HomeServices Indiana Realty
Buyer's Agent
Jenny McBride
KELLER WILLIAMS CAPITAL REALTY
List Price
$155,000
Sold Price
$155,000
Views
12
Current Estimated Value
$158,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,739
Avg. Annual Appreciation
1.11%
Original Mortgage
$116,250
Outstanding Balance
$114,650
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$43,148

Purchase Details

Closed on
Apr 30, 2021
Sold by
Donda Properties Llc
Bought by
Dsm Jeanette Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 24, 2018
Closed on
May 10, 2018
Sold by
Rexix Realty Llc
Bought by
Donda Properties Llc
Seller's Agent
Casey McCoy
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Walter Caswell
KELLER WILLIAMS CAPITAL REALTY
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%

Purchase Details

Listed on
Oct 2, 2014
Closed on
Nov 7, 2014
Sold by
Majic Llc
Bought by
Reed Brandon
Seller's Agent
Casey McCoy
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Casey McCoy
KELLER WILLIAMS CAPITAL REALTY
List Price
$58,500
Sold Price
$58,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$49,725
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2006
Sold by
The Housing Authority Of The City Of Eva
Bought by
Clark David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Velishek Robert $155,000 Columbia Title
Dsm Jeanette Llc -- None Available
Donda Properties Llc -- Total Title Services Llc
Reed Brandon -- --
Clark David E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velishek Robert $116,250
Previous Owner Dsm Jeanette Llc $175,000
Previous Owner Reed Brandon $49,725
Previous Owner Clark David E $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $155,000 0.0% $57 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $155,000 +106.7% $57 / Sq Ft
05/11/2018 05/11/18 Sold $75,000 -6.1% $29 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $79,900 +36.6% $30 / Sq Ft
11/07/2014 11/07/14 Sold $58,500 0.0% $22 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $58,500 -- $22 / 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 $2,376 $110,100 $14,800 $95,300
2023 $2,319 $106,800 $14,800 $92,000
2022 $1,667 $76,100 $14,800 $61,300
2021 $1,622 $72,800 $14,800 $58,000
2020 $1,585 $72,800 $14,800 $58,000
2019 $1,619 $74,800 $14,800 $60,000
2018 $1,250 $57,500 $14,800 $42,700
2017 $1,248 $57,300 $14,800 $42,500
2016 $1,241 $56,900 $14,800 $42,100
2014 $1,269 $57,900 $14,800 $43,100
2013 -- $58,400 $14,800 $43,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202336636

Indiana Regional MLS

APN: 82-06-35-011-151.013-027