NOT LISTED FOR SALE

1401 Marshall Ave Evansville, IN 47714

Presidents Neighborhood

Estimated Value: $60,000 - $96,409

2 Beds
1 Bath
888 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $31,250 $35 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $518/month

61 Days on Market

Highlights

  • Central Air
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of October 2018

Investment Opportunity! This 2-bed 1-bath property has a newer water heater, furnace, & some updated plumbing in basement. Central heating and air. Home to be sold in a package of 5 single family homes. Properties include: 639 E. Tennessee St., 415 S. Kerth Ave., 1430 E. Walnut, & 1048 Covert Ave. There is no sign in the yard. Please do not disturb the tenants.

Last Agent to Sell the Property

Mitch Schulz

Weichert Realtors-The Schulz Group Listed on: 07/23/2018

Weichert Realtors-The Schulz Group

Last Buyer's Agent

Johnna Hancock-Blake

Berkshire Hathaway HomeServices Indiana Realty

Berkshire Hathaway HomeServices Indiana Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x130
  • Level Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1-Story Property
  • Carpet
  • Washer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Harper Elementary School
  • Washington Middle School
  • Bosse High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, water
  • Assessor Parcel Number 82-06-33-012-049.010-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1925
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: FAIRVIEW LOT 66 |
  • Parcel Number ID: 82-06-33-012-049.010-027
  • Platted: Yes
  • Amenities: Washer Hook-Up
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1554
  • Total Finished Sq Ft: 888
  • Above Grade Finished Sq Ft: 888
  • Below Grade Sq Ft: 666
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 666
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public
  • Number Of W D Hookups: 1

Schools

  • Elementary School: Harper

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 35x130
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Electric, Water

Tax Info

  • Annual Property Tax: 848.1

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1

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
Jul 23, 2018
Closed on
Oct 31, 2018
Sold by
Schulz Richard J and Schulz Jeffrey A
Bought by
Grimm Property Holdings Llc
Seller's Agent
Mitch Schulz
Weichert Realtors-The Schulz Group
Buyer's Agent
Johnna Hancock-Blake
Berkshire Hathaway HomeServices Indiana Realty
List Price
$35,000
Sold Price
$31,250
Premium/Discount to List
-$3,750
-10.71%
Current Estimated Value
$82,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,102
Avg. Annual Appreciation
14.85%
Original Mortgage
$210,656
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Buyer Sale Price Title Company
Grimm Property Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Grimm Property Holdings Llc $210,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $31,250 -10.7% $35 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $35,000 -- $39 / 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 $1,038 $48,100 $9,100 $39,000
2023 $1,012 $46,600 $9,100 $37,500
2022 $1,009 $46,200 $9,100 $37,100
2021 $876 $39,400 $9,100 $30,300
2020 $856 $39,400 $9,100 $30,300
2019 $851 $39,400 $9,100 $30,300
2018 $854 $39,400 $9,100 $30,300
2017 $848 $38,900 $9,100 $29,800
2016 $845 $38,700 $9,100 $29,600
2014 $830 $38,000 $9,100 $28,900
2013 -- $38,300 $9,100 $29,200
Source: Public Records

Agents Affiliated with this Home

  • Mitch Schulz

    Seller's Agent in 2018

    Mitch Schulz

    Weichert Realtors-The Schulz Group

    (812) 499-6617

    2 in this area

    342 Total Sales

    Mitch Schulz
    Section Image
  • Johnna Hancock-Blake

    Buyer's Agent in 2018

    Johnna Hancock-Blake

    Berkshire Hathaway HomeServices Indiana Realty

    (812) 449-9056

    3 in this area

    269 Total Sales

    Johnna Hancock-Blake
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201832595

Indiana Regional MLS

APN: 82-06-33-012-049.010-027

Indiana Vanderburgh County Evansville 47714 Presidents

1401 Marshall Ave, Evansville, IN

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