1405 S 15th St Vincennes, IN 47591
Estimated payment $1,211/month
Highlights
- Forced Air Heating and Cooling System
- Level Lot
- 1-Story Property
About This Home
Tri-plex investment property. There is a large (Unit 1/2) 3 bedroom 2 bath, a medium size (Unit A) 2 bedroom 1 bath, and a smaller (Unit B) 1 bedroom 1 bath. Currently fully occupied under lease agreements. All units have been occupied for several years so some pictures are from when last vacant. Per previous owner, roof was replaced in 2016. New range in 2025 for unity 1/2. HVAC on Unit 1/2 has been replaced in 2023. Current tenants have been renewed at least once.
Listing Agent
ERA FIRST ADVANTAGE REALTY, INC Brokerage Phone: 812-858-2400 Listed on: 08/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,876
Year Built
- Built in 1914
Lot Details
- 10,149 Sq Ft Lot
- Level Lot
Home Design
- Triplex
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 2,600 Sq Ft Home
- 1-Story Property
- Laminate Flooring
- Washer Hookup
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- 6 Parking Spaces
- Off-Street Parking
Schools
- Vigo Elementary School
- Clark Middle School
- Lincoln High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for building insurance, tax
- Assessor Parcel Number 42-12-28-311-035.000-022
Community Details
Overview
- 3 Units
Pet Policy
- Pet Restriction
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $1,004
- Maintenance Expense $2,000
- Water Sewer Expense $1,200
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,896 | $82,700 | $1,400 | $81,300 |
| 2023 | $2,196 | $79,400 | $1,400 | $78,000 |
| 2022 | $1,536 | $74,700 | $1,400 | $73,300 |
| 2021 | $1,361 | $66,100 | $1,400 | $64,700 |
| 2020 | $1,128 | $55,000 | $1,400 | $53,600 |
| 2019 | $1,264 | $54,400 | $1,400 | $53,000 |
| 2018 | $1,274 | $54,900 | $1,300 | $53,600 |
| 2017 | $1,259 | $54,100 | $1,300 | $52,800 |
| 2016 | $1,270 | $54,100 | $1,300 | $52,800 |
| 2014 | $1,069 | $52,300 | $1,300 | $51,000 |
| 2013 | $1,153 | $55,900 | $500 | $55,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2025 09/25/25 | Pending | -- | -- | -- |
| 08/08/2025 08/08/25 | For Sale | $199,000 | +6.4% | $77 / Sq Ft |
| 05/16/2024 05/16/24 | Sold | $187,000 | -1.5% | $72 / Sq Ft |
| 04/05/2024 04/05/24 | Pending | -- | -- | -- |
| 03/26/2024 03/26/24 | For Sale | $189,900 | 0.0% | $73 / Sq Ft |
| 03/13/2024 03/13/24 | Pending | -- | -- | -- |
| 01/18/2024 01/18/24 | For Sale | $189,900 | +26.6% | $73 / Sq Ft |
| 05/30/2023 05/30/23 | Sold | $150,000 | -11.7% | $58 / Sq Ft |
| 04/27/2023 04/27/23 | Pending | -- | -- | -- |
| 04/11/2023 04/11/23 | Price Changed | $169,900 | -5.6% | $65 / Sq Ft |
| 03/28/2023 03/28/23 | For Sale | $179,900 | -- | $69 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $187,000 | First Advantage Title Services | |
| Deed | $150,000 | First Advantage Title Services |
Source: Indiana Regional MLS
MLS Number: 202531792
APN: 42-12-28-311-035.000-022
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