NOT LISTED FOR SALE

1420 Fountain Ave Evansville, IN 47710

Cedar Hall Neighborhood

Estimated Value: $15,417 - $110,000

5 Beds
3 Baths
2,613 Sq Ft
$29/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $13,000 $5 Per Sq Ft

Est. 483% increase in value since last sale

Current estimated payment $551/month

26 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carpet
  • 2-minute walk to Lamasco Park
  • Ceiling Fan

About This Home

As of April 2023

3 unit building with lots of possibilities. Work is needed but it could be a great addition to any investment portfolio with some elbow grease. Unit 1- 2BR, 1BA that currently rents for $425/month. Unit 2- 1BR,1BA. Unit 3- 2BR,1BA. All units are separately metered and have separate furnaces. Stove, refrigerators are included in all units.

Last Agent to Sell the Property

Charlie Butler

KELLER WILLIAMS CAPITAL REALTY Listed on: 03/03/2023

KELLER WILLIAMS CAPITAL REALTY

Last Buyer's Agent

Lucas Neuffer

Pinnacle Realty Group

Pinnacle Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 30x154

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Carpet
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Cedar Hall Elementary And Middle School
  • Central High School

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • 3 Units
  • Bement Subdivision

Listing and Financial Details

  • Tenant pays for lawn maintenance
  • The owner pays for tax
  • Assessor Parcel Number 82-05-24-028-021.001-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1904
  • Age: 119
  • Style: One and Half Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: BEMENT ADD LOT 22 BL 1 & PT VACATED FOUNTAIN AVE
  • Parcel Number ID: 82-05-24-028-021.001-029
  • Platted: Yes
  • Amenities: Ceiling Fan
  • Location: City/Town/Suburb
  • Sp Lp Percent: 43.48
  • Monthly Gross Income: 425
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2613
  • Total Finished Sq Ft: 2613
  • Above Grade Finished Sq Ft: 2613
  • Price Per Sq Ft: 4.98
  • Basement Foundation: Crawl
  • Flooring: Carpet
  • Main Level Sq Ft: 1641
  • Number Of Ranges Ovens: 3

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Evansville Water & Sewer

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Cedar Hall
  • Middle School: Cedar Hall
  • High School: Central
  • Elementary School: Cedar Hall

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 30X154
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Lawn Maintenance

Multi Family

  • Gross Monthly Rent: 425
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 737.51

MLS Schools

  • High School: Central
  • Middle School: Cedar Hall
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Apr 20, 2023
Sold by
Endurance Capital Llc
Bought by
Evansville Historic Homes Ii Llc
Seller's Agent
Charlie Butler
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Lucas Neuffer
Pinnacle Realty Group
List Price
$39,900
Sold Price
$13,000
Premium/Discount to List
-$26,900
-67.42%
Views
200
Current Estimated Value
$75,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,854
Avg. Annual Appreciation
111.15%

Purchase Details

Closed on
May 12, 2017
Sold by
Morse Robert L and Morse Carol J
Bought by
Endurance Capital 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
Evansville Historic Homes Ii Llc $13,000 None Listed On Document
Endurance Capital Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $13,000 -56.5% $5 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/29/2023 03/29/23 Price Changed $29,900 -25.1% $11 / Sq Ft
03/03/2023 03/03/23 For Sale $39,900 -- $15 / 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 $1,650 $13,800 $5,500 $8,300
2023 $765 $35,100 $5,500 $29,600
2022 $774 $35,300 $5,500 $29,800
2021 $730 $32,700 $5,500 $27,200
2020 $713 $32,700 $5,500 $27,200
2019 $709 $32,700 $5,500 $27,200
2018 $1,421 $32,600 $5,500 $27,100
2017 $712 $32,500 $5,500 $27,000
2016 $1,058 $32,400 $5,500 $26,900
2014 $697 $31,800 $5,500 $26,300
2013 -- $32,100 $5,500 $26,600
Source: Public Records

Agents Affiliated with this Home

  • Charlie Butler

    Seller's Agent in 2023

    Charlie Butler

    KELLER WILLIAMS CAPITAL REALTY

    (812) 430-1708

    15 in this area

    537 Total Sales

    Charlie Butler
    Section Image
  • Lucas Neuffer

    Buyer's Agent in 2023

    Lucas Neuffer

    Pinnacle Realty Group

    (812) 306-4709

    4 in this area

    103 Total Sales

    Lucas Neuffer
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202306120

Indiana Regional MLS

APN: 82-05-24-028-021.001-029

Indiana Vanderburgh County Evansville 47710 Cedar Hall

1420 Fountain Ave, Evansville, IN

This home is located at 1420 Fountain Ave, Evansville, IN 47710 since 03 March 2023 and is currently estimated at $75,854, approximately $29 per square foot. This property was built in 1904. 1420 Fountain Ave is a home located in Vanderburgh County with nearby schools including Cedar Hall Community School, Central High School, and Signature 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.

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