NOT LISTED FOR SALE

1520 Howard St Evansville, IN 47713

Culver Neighborhood

Estimated Value: $81,000 - $190,000

2 Beds
2 Baths
1,500 Sq Ft
$90/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $90,000 $60 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $882/month

1 Day on Market

Highlights

  • Covered patio or porch
  • Eat-In Kitchen
  • Carpet
  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of July 2023

Situated in an up and coming area, this duplex benefits from the neighborhood's growth potential and increased demand for rental properties. Both units feature 1 bedroom, 1 bath. There is a full basement available to both units for laundry and extra storage. In addition, there is a detached 1 car garage. With long-term tenants already in place, this property guarantees stable rental income from day one. Currently generating $1000 per month in rental income, this property presents a great opportunity for investors seeking consistent returns. The units are metered separately with the tenants responsible for utilities and the owner pays water. If you're looking for an investment property with long-term tenants, strong rental income, and an attractive ROI, this duplex is an ideal choice.

Last Agent to Sell the Property

Michael Reeder

ERA FIRST ADVANTAGE REALTY, INC Listed on: 06/07/2023

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Lucas Neuffer

Pinnacle Realty Group

Pinnacle Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1919

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 41x156

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Covered patio or porch

Schools

  • Glenwood Elementary And Middle School
  • Bosse High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for trash collection, water
  • Assessor Parcel Number 82-06-32-022-046.012-029

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $2,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,529

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1919
  • Age: 104
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: BALLS SUB OF DR I HAAS SUB OF LOTS 3,5 25 FT LOT 18 & 16 FT LOT 19
  • Parcel Number ID: 82-06-32-022-046.012-029
  • Platted: Yes
  • Amenities: Basement, Cable Ready, Countertops-Laminate, Eat-In Kitchen, Porch Covered, Water Heater Gas
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1000
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 3000
  • Total Finished Sq Ft: 1500
  • Above Grade Finished Sq Ft: 1500
  • Below Grade Sq Ft: 1500
  • Price Per Sq Ft: 60
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 1500
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Annual Water Sewer Expense: 2150
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 41x156
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year, 3 or More Years
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1528.52

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jul 14, 2023
Sold by
Vc Real Estate Llc
Bought by
Beech Tree Properties Llc
Seller's Agent
Michael Reeder
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Lucas Neuffer
Pinnacle Realty Group
List Price
$90,000
Sold Price
$90,000
Views
4
Current Estimated Value
$134,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,651
Avg. Annual Appreciation
22.95%
Original Mortgage
$67,500
Outstanding Balance
$45,328
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$89,323

Purchase Details

Closed on
Sep 7, 2021
Sold by
B & S Property Management Llc
Bought by
Vc Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
2.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Beech Tree Properties Llc $90,000 Near North Title
Vc Real Estate Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beech Tree Properties Llc $67,500
Previous Owner Vc Real Estate Llc $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $90,000 0.0% $60 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $90,000 -- $60 / 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 $1,623 $75,200 $8,600 $66,600
2023 $1,514 $69,700 $8,600 $61,100
2022 $1,529 $70,000 $8,600 $61,400
2021 $789 $35,500 $8,600 $26,900
2020 $771 $35,500 $8,600 $26,900
2019 $766 $35,500 $8,600 $26,900
2018 $767 $35,400 $8,600 $26,800
2017 $765 $35,100 $8,600 $26,500
2016 $764 $35,000 $8,600 $26,400
2014 $752 $34,400 $8,600 $25,800
2013 -- $34,700 $8,600 $26,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Reeder

    Seller's Agent in 2023

    Michael Reeder

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 305-6453

    2 in this area

    272 Total Sales

    Michael Reeder
    Section Image
  • Lucas Neuffer

    Buyer's Agent in 2023

    Lucas Neuffer

    Pinnacle Realty Group

    (812) 306-4709

    4 in this area

    111 Total Sales

    Lucas Neuffer
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202319358

Indiana Regional MLS

APN: 82-06-32-022-046.012-029

Indiana Vanderburgh County Evansville 47713 Culver

1520 Howard St, Evansville, IN

This home is located at 1520 Howard St, Evansville, IN 47713 since 07 June 2023 and is currently estimated at $134,651, approximately $89 per square foot. This property was built in 1919. 1520 Howard St is a home located in Vanderburgh County with nearby schools including Benjamin Bosse High School, Glenwood Leadership Academy, 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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