$187,000
SOLD MAY 16, 2024

1405 S 15th St Vincennes, IN 47591

6 Beds
4 Baths
2,600 Sq Ft
10,149 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

2% Below List Price

78 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • 1-Story Property

About This Home

As of May 2024

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. Roof was replaced in 2016. HVAC on Unit 1/2 has been replaced in 2023.

Last Agent to Sell the Property

Michael Melton

ERA FIRST ADVANTAGE REALTY, INC Brokerage Phone: 812-858-2400

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Michael Melton

ERA FIRST ADVANTAGE REALTY, INC Brokerage Phone: 812-858-2400

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,734

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

  • Tenant pays for electric, fuel, water
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,734

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1914
  • Age: 110
  • Style: One Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: S Vinc SD Lot 11 & 12
  • Parcel Number ID: 42-12-28-311-035.000-022
  • Platted: Yes
  • Amenities: Off Street Parking, Washer Hook-Up
  • Parcel Id2: 42-12-28-311-001.000-022
  • Sp Lp Percent: 98.47
  • Monthly Gross Income: 2415
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2600
  • Total Finished Sq Ft: 2600
  • Above Grade Finished Sq Ft: 2600
  • Price Per Sq Ft: 71.92
  • Basement Foundation: Slab
  • Flooring: Laminate
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum, Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 1004
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 3
  • Number Water Meters: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Vincennes Community School Corp.
  • Elementary School: Vigo
  • Middle School: Clark
  • High School: Lincoln
  • Elementary School: Vigo

Lot Info

  • Lot Description: Level
  • Lot Dimensions: Rectangle
  • Estimated Lot Sq Ft: 10149
  • Estimated Lot Size Acres: 0.233

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Electric, Fuel, Water

Multi Family

  • Gross Monthly Rent: 2415
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1734

MLS Schools

  • High School: Lincoln
  • Middle School: Clark
  • School District: Vincennes Community School Corp.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
Source: Indiana Regional MLS

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
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $187,000 First Advantage Title Services
Deed $150,000 First Advantage Title Services
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202401928

Indiana Regional MLS

APN: 42-12-28-311-035.000-022