NOT LISTED FOR SALE

1625 S Grand Ave Evansville, IN 47713

Tepe Park Neighborhood

Estimated Value: $65,000 - $111,000

2 Beds
1 Bath
1,141 Sq Ft
$78/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $53,060 $47 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $588/month

46 Days on Market

About This Home

As of February 2023

2-bed 1-bath brick home with eat-in kitchen and screened-in porch. Home is being sold in a package with 1629 S. Grand, 1634 S. Grand, 1604 S. Grand, 853 Bellemeade Avenue, and 520 S. Bedford Avenue for a total of $400,000. Homes are being sold as-is.

Last Agent to Sell the Property

Mitch Schulz

Weichert Realtors-The Schulz Group Listed on: 11/08/2022

Weichert Realtors-The Schulz Group

Last Buyer's Agent

Jonathan Baker

BAKER AUCTION & REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $684

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x125
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Glenwood Elementary And Middle School
  • Bosse High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 82-06-32-023-091.027-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$684

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1924
  • Age: 98
  • Style: One and Half Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: GRAND AVE PLACE LOT 28 BL 1 PIGEON TOWNSHIP
  • Parcel Number ID: 82-06-32-023-091.027-029
  • Platted: Yes
  • Sp Lp Percent: 88.43
  • Monthly Gross Income: 765
  • Year Taxes Payable: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1712
  • Total Finished Sq Ft: 1141
  • Above Grade Finished Sq Ft: 1141
  • Below Grade Sq Ft: 571
  • Price Per Sq Ft: 46.5
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Finished
  • Total Below Grade Sq Ft: 571
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 1.5

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 35X125
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: 1 Year

Multi Family

  • Gross Monthly Rent: 765
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 684.5

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
Nov 8, 2022
Closed on
Feb 15, 2023
Sold by
Bassemier Edwin E
Bought by
Mega Properties Llc
Seller's Agent
Mitch Schulz
Weichert Realtors-The Schulz Group
Buyer's Agent
Jonathan Baker
BAKER AUCTION & REALTY
List Price
$60,000
Sold Price
$53,060
Premium/Discount to List
-$6,940
-11.57%
Views
69
Current Estimated Value
$88,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,767
Avg. Annual Appreciation
15.76%
Original Mortgage
$924,875
Outstanding Balance
$870,335
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$794,172

Purchase Details

Listed on
Aug 31, 2018
Closed on
Dec 3, 2018
Sold by
Sexton Michael W and Sexton Nikki A
Bought by
Bassemter Investments Inc
Seller's Agent
Missy Mosby
F.C. TUCKER EMGE
Buyer's Agent
Tony Lasher
FIRST CLASS REALTY
List Price
$24,949
Sold Price
$14,994
Premium/Discount to List
-$9,955
-39.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.82%
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
Mega Properties Llc $113,700 Columbia Title
Bassemier Edwin E $113,700 Columbia Title
Bassemter Investments Inc -- Regional Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mega Properties Llc $924,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $53,060 -11.6% $47 / Sq Ft
12/24/2022 12/24/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $60,000 +300.2% $53 / Sq Ft
12/07/2018 12/07/18 Sold $14,994 0.0% $13 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
11/16/2018 11/16/18 Price Changed $14,994 -25.0% $13 / Sq Ft
09/26/2018 09/26/18 Price Changed $19,991 -19.9% $18 / Sq Ft
08/31/2018 08/31/18 For Sale $24,949 -- $22 / 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 $1,252 $58,000 $6,300 $51,700
2023 $712 $32,800 $6,300 $26,500
2022 $718 $32,900 $6,300 $26,600
2021 $685 $30,800 $6,300 $24,500
2020 $669 $30,800 $6,300 $24,500
2019 $540 $25,000 $6,300 $18,700
2018 $1,025 $47,300 $6,300 $41,000
2017 $1,016 $46,600 $6,300 $40,300
2016 $981 $44,900 $6,400 $38,500
2014 $968 $44,300 $6,400 $37,900
2013 -- $44,700 $6,400 $38,300
Source: Public Records

Agents Affiliated with this Home

  • Mitch Schulz

    Seller's Agent in 2023

    Mitch Schulz

    Weichert Realtors-The Schulz Group

    (812) 499-6617

    4 in this area

    348 Total Sales

    Section Image
  • Jonathan Baker

    Buyer's Agent in 2023

    Jonathan Baker

    BAKER AUCTION & REALTY

    (812) 204-8858

    5 in this area

    149 Total Sales

    Section Image
  • Missy Mosby

    Seller's Agent in 2018

    Missy Mosby

    F.C. TUCKER EMGE

    (812) 453-6479

    2 in this area

    168 Total Sales

    Section Image

  • T

    Buyer's Agent in 2018

    Tony Lasher

    FIRST CLASS REALTY

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202246069

Indiana Regional MLS

APN: 82-06-32-023-091.027-029

Indiana Vanderburgh County Evansville 47713 Tepe Park

1625 S Grand Ave, Evansville, IN

This home is located at 1625 S Grand Ave, Evansville, IN 47713 since 08 November 2022 and is currently estimated at $88,827, approximately $77 per square foot. This property was built in 1924. 1625 S Grand Ave is a home located in Vanderburgh County with nearby schools including Benjamin Bosse High School, Glenwood Leadership Academy, and Annunciation Catholic School - Holy Spirit Campus.

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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