NOT LISTED FOR SALE

Estimated Value: $166,000 - $225,000

2 Beds
2 Baths
2,280 Sq Ft
$88/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $50,000 $22 Per Sq Ft

Est. 313% increase in value since last sale

Current estimated payment $1,364/month

3 Days on Market

Highlights

  • Screened Porch
  • Community Storage Space
  • Carpet

About This Home

As of September 2016

Great investment opportunity with this spacious duplex located on Evansville's West Side. Each unit has a private entry located inside the screened-in front porch and a second entry off the back of the home near the parking area. Both units offer a large living room, formal dining room, full kitchen, one bedroom, and a full bath. They both have access to the home's basement, which offers hookups for a washer and dryer and plenty of storage. The units were being rented for $450 and $500 per month, but are both currently vacant.

Last Agent to Sell the Property

Wayne Ellis

@properties Listed on: 08/05/2016

@properties

Last Buyer's Agent

Pete Bryan

Midwest Land & Lifestyle, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 48' x 150
  • Irregular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Screened Porch
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Cynthia Heights Elementary School
  • Helfrich Park Middle School
  • Francis Joseph Reitz High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, sewer, water
  • Assessor Parcel Number 82-05-14-018-013.001-025

Community Details

Overview

  • 2 Units
  • Cave Park Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 96
  • Style: Two Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Cave Park Add L 2 |
  • Parcel Number ID: 82-05-14-018-013.001-025
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Porch Screened, Washer Hook-Up
  • Sp Lp Percent: 91.07
  • Monthly Gross Income: 950
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 3420
  • Total Finished Sq Ft: 2280
  • Above Grade Finished Sq Ft: 2280
  • Below Grade Sq Ft: 1140
  • Price Per Sq Ft: 21.93
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished, Walk-Out Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1140
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Block
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Gravel

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Cynthia Heights
  • Middle School: Helfrich Park
  • High School: Francis Joseph Reitz
  • Elementary School: Cynthia Heights

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 48' x 150
  • Estimated Lot Sq Ft: 7187
  • Estimated Lot Size Acres: 0.165

Rental Info

  • Owner Pays: Fuel, Sewer, Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 91700
  • Annual Property Tax: 2006.5

Multi Family

  • Gross Monthly Rent: 950
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

MLS Schools

  • High School: Francis Joseph Reitz
  • Middle School: Helfrich Park
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2020
Sold by
Volkman Michael Lloyd
Bought by
Owens Dustin and Owens Toni
Current Estimated Value
$206,740

Purchase Details

Listed on
Aug 5, 2016
Closed on
Sep 30, 2016
Sold by
Nagel Patricia
Bought by
Volkman Michael Lloyd
Seller's Agent
Wayne Ellis
@properties
Buyer's Agent
Pete Bryan
Midwest Land & Lifestyle, LLC
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.31%
Original Mortgage
$63,500
Interest Rate
3.46%
Mortgage Type
Commercial
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
Owens Dustin -- Columbia Title Inc
Volkman Michael Lloyd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Dustin W $102,400
Previous Owner Volkman Michael Lloyd $63,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $50,000 -8.9% $22 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $54,900 -- $24 / 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 $2,784 $129,000 $16,300 $112,700
2023 $2,715 $125,000 $16,300 $108,700
2022 $2,740 $125,500 $16,300 $109,200
2021 $2,380 $107,100 $16,300 $90,800
2020 $2,295 $105,900 $16,300 $89,600
2019 $2,008 $93,200 $16,300 $76,900
2018 $2,015 $93,200 $16,300 $76,900
2017 $2,005 $92,200 $16,300 $75,900
2016 $2,053 $94,000 $16,300 $77,700
2014 $2,024 $92,600 $16,300 $76,300
2013 -- $92,700 $16,300 $76,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201636454

Indiana Regional MLS

APN: 82-05-14-018-013.001-025