NOT LISTED FOR SALE

1808 E Michigan St Evansville, IN 47711

Estimated Value: $73,000 - $78,000

2 Beds
1 Bath
1,058 Sq Ft
$72/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $64,000 $60 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $533/month

7 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of October 2023

2 bed 1 bath currently rents for $735 per month. Part of package deal with 4 other properties. 313 E Iowa St 47711 708 Bell Ave 47712 1710 N Governor St 47711 2532 N Elsas Ave 47711 Current owner has 9 total properties for sale. Is willing to consider selling multiples between the two packages. 2nd package 13 W Eichel, 704 Keck, 1651 Koch, 1820 E Illinois

Last Agent to Sell the Property

Gino Delacoma

F.C. TUCKER EMGE Brokerage Phone: 812-479-0801 Listed on: 08/18/2023

F.C. TUCKER EMGE

Last Buyer's Agent

Kelsey Rolley

F.C. TUCKER EMGE

F.C. TUCKER EMGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $831

Year Built

  • Built in 1917

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x136
  • Level Lot

Parking

  • 1 Parking Space

Interior Spaces

  • 1-Story Property
  • Carpet
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Harper Elementary School
  • Washington Middle School
  • Bosse High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Insurance Expense $564
  • Maintenance Expense $500

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 82-06-21-016-002.003-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$831

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1917
  • Age: 106
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Terrace Park L 17
  • Parcel Number ID: 82-06-21-016-002.003-027
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 87.85
  • Annual Miscellaneous: 876
  • Monthly Gross Income: 735
  • Year Taxes Payable: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1279
  • Total Finished Sq Ft: 1058
  • Above Grade Finished Sq Ft: 1058
  • Below Grade Sq Ft: 221
  • Price Per Sq Ft: 60.49
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 221
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 564
  • Annual Maintenance Expense: 500
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x136
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 735
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of1 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 831

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 12, 2023
Sold by
Jdo Properties Llc and Deo Properties Llc
Bought by
Sbs Property Solutions Llc
Seller's Agent
Gino Delacoma
F.C. TUCKER EMGE
Buyer's Agent
Kelsey Rolley
F.C. TUCKER EMGE
List Price
$72,850
Sold Price
$64,000
Premium/Discount to List
-$8,850
-12.15%
Total Days on Market
7
Views
12
Current Estimated Value
$75,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,667
Avg. Annual Appreciation
10.55%

Purchase Details

Listed on
Aug 12, 2019
Closed on
Sep 10, 2019
Sold by
Chapman Michael D and Chapman Tana L
Bought by
Jdo Properties Llc
Seller's Agent
Jamie Keller
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Huda Diekmann
F.C. TUCKER EMGE
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%
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
Sbs Property Solutions Llc $64,000 None Listed On Document
Jdo Properties Llc -- Regional Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jdo Properties Llc $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $64,000 -12.1% $60 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $72,850 +108.1% $69 / Sq Ft
09/10/2019 09/10/19 Sold $35,000 -12.3% $33 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $39,900 -- $38 / 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 $1,329 $61,600 $10,100 $51,500
2023 $864 $39,300 $10,100 $29,200
2022 $811 $36,700 $10,100 $26,600
2021 $756 $33,600 $10,100 $23,500
2020 $739 $33,600 $10,100 $23,500
2019 $734 $33,600 $10,100 $23,500
2018 $737 $33,600 $10,100 $23,500
2017 $733 $33,200 $10,100 $23,100
2016 $736 $33,300 $10,100 $23,200
2014 $779 $35,300 $10,100 $25,200
2013 -- $39,600 $10,100 $29,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202329849

Indiana Regional MLS

APN: 82-06-21-016-002.003-027