NOT LISTED FOR SALE

1803 N Heidelbach Ave Evansville, IN 47711

Jacobsville Neighborhood

Estimated Value: $85,000 - $130,000

2 Beds
1 Bath
1,260 Sq Ft
$81/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $85,000 $67 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $734/month

1 Day on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • North High School Rated A-
  • Utility Room in Garage
  • 3-minute walk to Garvin Park

About This Home

As of August 2023

Wonderful investment opportunity right across from Bosse Field. This fully occupied all brick duplex will bring in instant cash flow. Long term tenants provide stability but also under market rents giving this investment upside potential. New roof 2019. Owner pays water, sewer and trash.

Last Agent to Sell the Property

David Haire

F.C. TUCKER EMGE Brokerage Phone: 812-853-3381 Listed on: 07/08/2023

F.C. TUCKER EMGE

Last Buyer's Agent

David Haire

F.C. TUCKER EMGE Brokerage Phone: 812-853-3381 Listed on: 07/08/2023

F.C. TUCKER EMGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,951

Year Built

  • Built in 1941

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 36x130
  • Level Lot

Home Design

  • Duplex
  • Bungalow
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Utility Room in Garage
  • Washer Hookup
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Site Parking

Schools

  • Delaware Elementary School
  • North Middle School
  • North High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, lawn maintenance
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 82-06-17-031-017.014-029

Community Details

Overview

  • 2 Units
  • Richard Subdivision

Amenities

  • Community Storage Space

Building Details

  • 1 Separate Water Meter
  • Water Sewer Expense $1,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,951

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1941
  • Age: 82
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LANTS SUB PT RICHARDS SUB 36.72 X 130 FT BL.1
  • Parcel Number ID: 82-06-17-031-017.014-029
  • Platted: Yes
  • Amenities: Basement, Storage, Porch Covered, Water Heater Gas, Washer Hook-Up, Garage Utilities
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 950
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2520
  • Total Finished Sq Ft: 1260
  • Above Grade Finished Sq Ft: 1260
  • Below Grade Sq Ft: 1260
  • Price Per Sq Ft: 67.46
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Wood
  • Total Below Grade Sq Ft: 1260
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Dimensional Shingles
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Gravel, Off Site

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 1440
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Delaware
  • Middle School: North
  • High School: North
  • Elementary School: Delaware

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 36x130
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Heating, Lawn Maintenance

Multi Family

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

Tax Info

  • Annual Property Tax: 1951.44

MLS Schools

  • High School: North
  • Middle School: North
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Aug 1, 2023
Sold by
Mm8 Ventures Llc
Bought by
Wolf Resources Llc
Seller's Agent
David Haire
F.C. TUCKER EMGE
Buyer's Agent
David Haire
F.C. TUCKER EMGE
List Price
$85,000
Sold Price
$85,000
Views
1
Current Estimated Value
$103,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,347
Avg. Annual Appreciation
9.10%

Purchase Details

Closed on
May 1, 2021
Sold by
Joe Barker Investments Llc
Bought by
Mm8 Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
2.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2014
Sold by
Barker Joseph E and Barker Debora
Bought by
Joe Barker Investments Llc

Purchase Details

Closed on
Jul 8, 2005
Sold by
Norton Michael O and Norton Linda D
Bought by
Barker Joseph and Barker Debora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.69%
Mortgage Type
New Conventional
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
Wolf Resources Llc $85,000 None Listed On Document
Mm8 Ventures Llc $65,000 None Available
Joe Barker Investments Llc -- --
Barker Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mm8 Ventures Llc $68,000
Previous Owner Barker Joseph $64,000
Previous Owner Barker Joseph $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $85,000 0.0% $67 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $85,000 -- $67 / 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 $2,048 $94,600 $7,600 $87,000
2023 $1,931 $88,200 $7,600 $80,600
2022 $1,952 $88,700 $7,600 $81,100
2021 $1,653 $73,100 $7,600 $65,500
2020 $1,659 $75,100 $7,600 $67,500
2019 $1,649 $75,100 $7,600 $67,500
2018 $1,662 $75,300 $7,600 $67,700
2017 $1,649 $74,300 $7,600 $66,700
2016 $1,665 $74,900 $7,600 $67,300
2014 $1,714 $77,100 $7,600 $69,500
2013 -- $77,800 $7,600 $70,200
Source: Public Records

Agents Affiliated with this Home

  • David Haire

    Seller's Agent in 2023

    David Haire

    F.C. TUCKER EMGE

    (812) 455-1976

    24 in this area

    254 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 202323761

Indiana Regional MLS

APN: 82-06-17-031-017.014-029

Indiana Vanderburgh County Evansville 47710 Jacobsville

1803 N Heidelbach Ave, Evansville, IN

This home is located at 1803 N Heidelbach Ave, Evansville, IN 47711 since 08 July 2023 and is currently estimated at $102,415, approximately $81 per square foot. This property was built in 1941. 1803 N Heidelbach Ave is a home located in Vanderburgh County with nearby schools including Delaware Elementary School, North Junior High School, and North High 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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