NOT LISTED FOR SALE

1411 Monroe Ave Unit A & B Evansville, IN 47714

Presidents Neighborhood

Estimated Value: $112,000 - $190,000

6 Beds
6 Baths
2,200 Sq Ft
$75/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $131,000 $60 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,035/month

275 Days on Market

Highlights

  • Vaulted Ceiling
  • Eat-In Kitchen
  • Landscaped
  • Covered Patio or Porch
  • Laundry closet
  • Central Air

About This Home

As of May 2020

Click the Virtual Tour Link for a 3D Tour of Unit B. Duplex property with great income potential! Wonderful opportunity for investment. Or live in one unit & rent the other. Great layout in these 1.5 story units with 3 Bedrooms, 2.1 Bathrooms, 1100 sqft each. Built in 2003. One Owner. Main level consists of a vaulted ceiling living room & eat-in kitchen, guest half bath, recessed laundry closet off living room, master suite w/ attached full bath and great closet space. Upstairs offers two bedrooms and a full bath with shower. All appliances in the U-shaped kitchen are included with the sale. 2 parking spots each unit. Unit A (front) gets one off-street spot in rear driveway and one spot on street. Unit B gets two off-street spots in rear driveway. Tenant pays own utilities and maintains yard. Rear unit offered at $800.00. Front tenant is a family friend and has lived there since 2003; they have not raised the rents on her. Front unit will be vacant sometime in April. New rent amount $800.00. Units metered separately (elec & water). No pets. Concrete crawl space. 1 yr buyer warranty provided by seller at closing AHS $675.00.

Last Agent to Sell the Property

Becky Ismail

ERA FIRST ADVANTAGE REALTY, INC Listed on: 07/18/2019

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Anne Walker

KELLER WILLIAMS CAPITAL REALTY

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,900

Year Built

  • Built in 2003

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Landscaped
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Carpet
  • Crawl Space
  • Storm Doors
  • Eat-In Kitchen
  • Laundry closet

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Central Air
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tenant pays for cable, cooling, heating, lawn maintenance, sewer, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 82-06-33-016-049.005-027

Community Details

Overview

  • 2 Units
  • Wood Haven / Woodhaven Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Insurance Expense $560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,900

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2003
  • Age: 17
  • Style: One and Half Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 2
  • Legal Description: WOODHAVEN L5 BL1
  • Parcel Number ID: 82-06-33-016-049.005-027
  • Platted: Yes
  • Amenities: Ceiling Fan, Ceilings-Vaulted, Eat-In Kitchen, Home Warranty Included, Landscaped, Porch Covered, Storm Doors, Water Heater Electric
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 97.4
  • Monthly Gross Income: 1350
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2200
  • Total Finished Sq Ft: 2200
  • Above Grade Finished Sq Ft: 2200
  • Price Per Sq Ft: 59.55
  • Basement Foundation: Crawl
  • Flooring: Carpet
  • Main Level Sq Ft: 704
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 560
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 30x125
  • Estimated Lot Sq Ft: 3920
  • Estimated Lot Size Acres: 0.09

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Cooling, Heating, Lawn Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1350
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 2900.12

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 18, 2019
Closed on
May 20, 2020
Sold by
Kiegel James E and Kiegel Cindy L
Bought by
Tyler Phillip K
Seller's Agent
Becky Ismail
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Anne Walker
KELLER WILLIAMS CAPITAL REALTY
List Price
$129,900
Sold Price
$131,000
Premium/Discount to List
$1,100
0.85%
Current Estimated Value
$164,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,304
Avg. Annual Appreciation
4.28%
Original Mortgage
$111,350
Outstanding Balance
$98,672
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$65,632
Source: Public Records

Range of Values:

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Average Value
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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
Tyler Phillip K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyler Phillip K $111,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2020 05/26/20 Sold $131,000 -2.6% $60 / Sq Ft
04/20/2020 04/20/20 Price Changed $134,500 +3.5% $61 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $129,900 0.0% $59 / Sq Ft
04/10/2020 04/10/20 Price Changed $129,900 -3.8% $59 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
12/05/2019 12/05/19 Price Changed $135,000 -3.6% $61 / Sq Ft
07/18/2019 07/18/19 For Sale $140,000 -- $64 / 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 $1,988 $136,700 $7,600 $129,100
2023 $1,943 $133,800 $7,600 $126,200
2022 $2,083 $139,500 $7,600 $131,900
2021 $2,018 $131,000 $7,600 $123,400
2020 $1,941 $129,200 $7,600 $121,600
2019 $2,856 $132,300 $7,600 $124,700
2018 $2,900 $133,800 $7,600 $126,200
2017 $2,939 $134,800 $7,600 $127,200
2016 $2,981 $136,500 $7,600 $128,900
2014 $2,990 $136,800 $7,600 $129,200
2013 -- $139,600 $7,600 $132,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201930676

Indiana Regional MLS

APN: 82-06-33-016-049.005-027