NOT LISTED FOR SALE

1405 S Alvord Blvd Evansville, IN 47714

Lorraine Park Neighborhood

Estimated Value: $119,000 - $178,000

4 Beds
2 Baths
1,672 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $132,500 $79 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $846/month

4 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Carpet
  • Shed
  • Level Lot
  • 1-Story Property

About This Home

As of March 2022

Fantastic investment opportunity! Nice duplex in a great location. Each unit has two bedrooms with one full bath, a living room, kitchen dining area and laundry. New roof in 2019. 1405 has a new stove. 1407 has new flooring and paint with a one car carport. Building is currently professionally managed.

Last Agent to Sell the Property

Katie Lowhorn

Weichert Realtors-The Schulz Group Listed on: 02/24/2022

Weichert Realtors-The Schulz Group

Last Buyer's Agent

David Haire

F.C. TUCKER EMGE

F.C. TUCKER EMGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1968

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 67x116
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,672 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Dexter Elementary School
  • Washington Middle School
  • Bosse High School

Additional Features

  • Shed
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • Assessor Parcel Number 82-06-34-012-123.003-027

Community Details

Overview

  • 2 Units
  • East Gate Terrace / Eastgate Terrace Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$500

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1968
  • Age: 54
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Eastgate Terr Sec L3
  • Parcel Number ID: 82-06-34-012-123.003-027
  • Platted: Yes
  • Amenities: Countertops-Laminate, Eat-In Kitchen
  • Sp Lp Percent: 88.93
  • Monthly Gross Income: 1300
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1672
  • Total Finished Sq Ft: 1672
  • Above Grade Finished Sq Ft: 1672
  • Price Per Sq Ft: 79.25
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 40

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 67x116
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1300
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2022
Sold by
Wolf Resources Llc
Bought by
Pardon Ian
Current Estimated Value
$151,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,869
Outstanding Balance
$142,583
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$9,150

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 17, 2022
Sold by
Newburgh Properties Llc
Bought by
Wolf Resources Llc
Seller's Agent
Katie Lowhorn
Weichert Realtors-The Schulz Group
Buyer's Agent
David Haire
F.C. TUCKER EMGE
List Price
$149,000
Sold Price
$132,500
Premium/Discount to List
-$16,500
-11.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pardon Ian -- New Title Company Name
Wolf Resources Llc $132,500 Bosse Law Office Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pardon Ian $149,869
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $132,500 -11.1% $79 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $149,000 +112.9% $89 / Sq Ft
01/16/2019 01/16/19 Sold $70,000 -6.7% $42 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $75,000 -- $45 / 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 $500 $42,300 $19,100 $23,200
2023 $496 $41,400 $19,100 $22,300
2022 $522 $41,600 $19,100 $22,500
2021 $891 $39,900 $19,100 $20,800
2020 $871 $39,900 $19,100 $20,800
2019 $786 $36,200 $19,100 $17,100
2018 $828 $38,000 $19,100 $18,900
2017 $1,662 $37,800 $19,100 $18,700
2016 $1,246 $38,200 $19,100 $19,100
2014 $824 $37,700 $19,100 $18,600
2013 -- $40,500 $19,100 $21,400
Source: Public Records

Agents Affiliated with this Home

  • Katie Lowhorn

    Seller's Agent in 2022

    Katie Lowhorn

    Weichert Realtors-The Schulz Group

    (812) 499-8262

    1 in this area

    24 Total Sales

    Katie Lowhorn
    Section Image
  • David Haire

    Buyer's Agent in 2022

    David Haire

    F.C. TUCKER EMGE

    (812) 455-1976

    5 in this area

    246 Total Sales

    David Haire
    Section Image
  • Christie Martin

    Seller's Agent in 2019

    Christie Martin

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 455-6789

    1 in this area

    353 Total Sales

    Christie Martin
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202205976

Indiana Regional MLS

APN: 82-06-34-012-123.003-027

Indiana Vanderburgh County Evansville 47714 Lorraine Park

1405 S Alvord Blvd, Evansville, IN

This home is located at 1405 S Alvord Blvd, Evansville, IN 47714 since 24 February 2022 and is currently estimated at $151,733, approximately $90 per square foot. This property was built in 1968. 1405 S Alvord Blvd is a home located in Vanderburgh County with nearby schools including Dexter Elementary School, Benjamin Bosse High School, and Washington Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes