NOT LISTED FOR SALE

1407 Jeanette Ave Evansville, IN 47714

Estimated Value: $158,680 - $164,000

6 Beds
4 Baths
2,420 Sq Ft
$66/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $135,000 $56 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,075/month

8 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Carpet

About This Home

As of December 2023

Great Investment duplex property on east side of town. Each unit is 3 Beds, 1 1/2 Baths. Separate meters, tenants pays all utilities. 1405 - $650 per month. Lease is month to month. 1407 - $725 per month. Lease is month to month. Sold as is, inspections will be for buyers information only, please include AS IS Addendum with offer.

Last Agent to Sell the Property

Amber Barrera

Berkshire Hathaway HomeServices Indiana Realty Brokerage Phone: 812-306-6397 Listed on: 12/04/2023

Berkshire Hathaway HomeServices Indiana Realty

Last Buyer's Agent

Christie Martin

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,681

Year Built

  • Built in 1968

Lot Details

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

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Block Basement Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 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 82-06-35-011-151.012-027

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $622
  • Maintenance Expense $270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,681

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1968
  • Age: 55
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: BARBARA SUB. LOT 12
  • Parcel Number ID: 82-06-35-011-151.012-027
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 90.06
  • Monthly Gross Income: 1375
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2420
  • Total Finished Sq Ft: 2420
  • Above Grade Finished Sq Ft: 2420
  • Price Per Sq Ft: 55.79
  • Basement Foundation: Slab
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 622
  • Annual Maintenance Expense: 270
  • 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

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

Multi Family

  • Gross Monthly Rent: 1375
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1681.36

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

Closed on
Jul 15, 2024
Sold by
Journey Fish & Chicken Inc
Bought by
Journeys Properties Llc
Current Estimated Value
$160,170

Purchase Details

Listed on
Dec 4, 2023
Closed on
Dec 28, 2023
Sold by
Dsm Jeanette Llc
Bought by
Journey Fish & Chicken Inc
Seller's Agent
Amber Barrera
Berkshire Hathaway HomeServices Indiana Realty
Buyer's Agent
Christie Martin
ERA FIRST ADVANTAGE REALTY, INC
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

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

Closed on
Jul 11, 2016
Sold by
M & M Properties
Bought by
Donda Properties Llc
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
Journeys Properties Llc -- None Listed On Document
Journey Fish & Chicken Inc $135,000 None Listed On Document
Dsm Jeanette Llc -- None Available
Donda Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dsm Jeanette Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $135,000 -9.9% $56 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $149,900 -- $62 / 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 $2,421 $112,200 $14,800 $97,400
2023 $2,363 $108,800 $14,800 $94,000
2022 $1,681 $77,000 $14,800 $62,200
2021 $1,612 $72,400 $14,800 $57,600
2020 $2,380 $72,400 $14,800 $57,600
2019 $2,500 $72,400 $14,800 $57,600
2018 $1,685 $77,600 $14,800 $62,800
2017 $1,682 $77,000 $14,800 $62,200
2016 $1,722 $78,700 $14,800 $63,900
2014 $1,691 $77,300 $14,800 $62,500
2013 -- $80,000 $14,800 $65,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202343673

Indiana Regional MLS

APN: 82-06-35-011-151.012-027