$23,000
SOLD MAY 12, 2021

1818 S Red Bank Rd Evansville, IN 47712

2 Beds
1 Bath
850 Sq Ft
4,440 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

30% Below List Price

222 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Walk-Up Access
  • Perry Heights Middle School Rated 9+
  • Level Lot

About This Home

As of March 2022

HUGE INCOME POTENTIAL> This 2 or 3 bedroom west side investment opportunity may be a wonderful winter project. The home has been cleared out and some drywall, electrical and plumbing has been done. The home has a new roof and some items purchased for the home have been left as part of the sale. The home has great possibilities and sets in a nice neighborhood, walking distance from Daniel Wertz school. Seller is from out of state and can not finish the project, his loss could be your benefit. Seller conveys no warranties but welcomes your inspection. Please review Sellers Discl.

Last Agent to Sell the Property

Bill Hitch

Midwest Land & Lifestyle, LLC Listed on: 09/02/2020

Last Buyer's Agent

Bill Hitch

Midwest Land & Lifestyle, LLC Listed on: 09/02/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • 4,440 Sq Ft Lot
  • Lot Dimensions are 37 x 120
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Masonry Siding
  • Masonry

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Up Access
  • Block Basement Construction

Location

  • Suburban Location

Schools

  • Daniel Wertz Elementary School
  • Helfrich Middle School
  • Francis Joseph Reitz High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 82-05-34-018-147.010-025

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1932
  • Age: 89
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Eville Indl Add L 10 Bl 12
  • Parcel Number ID: 82-05-34-018-147.010-025
  • Platted: Yes
  • Location: City/Town/Suburb
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 69.91
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1827
  • Total Finished Sq Ft: 850
  • Above Grade Finished Sq Ft: 850
  • Above Grade Unfinished Sq Ft: 384
  • Below Grade Sq Ft: 593
  • Price Per Sq Ft: 27.06
  • Basement: Yes
  • Basement Foundation: Unfinished, Walk-up
  • Basement Material: Block
  • Living Great Room: Dimensions: 13x11, On Level: Main
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Extra Room: Poss 3rd BR, Dimensions: 11x11, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Other Room1: Play room, Dimensions: 15x14, On Level: Upper
  • Main Level Sq Ft: 850
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 593

Exterior Features

  • Exterior: Aluminum, Masonry
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Vectren Corp
  • Gas Company: Vectren Energy
  • Water Company: Evansville Water & Sewer

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Daniel Wertz
  • Middle School: Helfrich
  • High School: Francis Joseph Reitz
  • Elementary School: Daniel Wertz

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 37 x 120
  • Estimated Lot Sq Ft: 4440
  • Estimated Lot Size Acres: 0.1

Tax Info

  • Annual Taxes: 1012

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Mar 2, 2022
Sold by
Zeller Joann M
Bought by
Lewis Austin Arlen
Seller's Agent
Bill Hitch
Midwest Land & Lifestyle, LLC
Buyer's Agent
Pete Bryan
Midwest Land & Lifestyle, LLC
List Price
$134,900
Sold Price
$150,000
Premium/Discount to List
$15,100
11.19%
Current Estimated Value
$173,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,642
Avg. Annual Appreciation
2.31%
Original Mortgage
$150,000
Outstanding Balance
$140,811
Interest Rate
3.69%
Mortgage Type
VA
Estimated Equity
$21,956

Purchase Details

Listed on
Sep 2, 2020
Closed on
May 11, 2021
Sold by
Camry Investments Llc
Bought by
Zeller Joann M
Seller's Agent
Bill Hitch
Midwest Land & Lifestyle, LLC
Buyer's Agent
Bill Hitch
Midwest Land & Lifestyle, LLC
List Price
$32,900
Sold Price
$23,000
Premium/Discount to List
-$9,900
-30.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
912.48%

Purchase Details

Closed on
Sep 12, 2018
Sold by
County Of Vanderburgh
Bought by
Pine Valley One Real Estate Llc and Camry Investments Llc
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 Type Sale Price Title Company
Warranty Deed $150,000 Columbia Title
Warranty Deed -- Columbia Title Inc
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $10,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $150,000 +11.2% $152 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $134,900 +486.5% $136 / Sq Ft
05/12/2021 05/12/21 Sold $23,000 -30.1% $27 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $32,900 0.0% $39 / Sq Ft
03/21/2021 03/21/21 Price Changed $32,900 +43.0% $39 / Sq Ft
03/10/2021 03/10/21 Off Market $23,000 -- --
02/05/2021 02/05/21 Price Changed $35,900 -3.0% $42 / Sq Ft
01/29/2021 01/29/21 Price Changed $37,000 -2.6% $44 / Sq Ft
01/19/2021 01/19/21 Price Changed $38,000 -2.6% $45 / Sq Ft
01/12/2021 01/12/21 Price Changed $39,000 -2.3% $46 / Sq Ft
01/01/2021 01/01/21 For Sale $39,900 +73.5% $47 / Sq Ft
12/31/2020 12/31/20 Off Market $23,000 -- --
12/17/2020 12/17/20 Price Changed $39,900 -7.0% $47 / Sq Ft
11/04/2020 11/04/20 Price Changed $42,900 -3.6% $50 / Sq Ft
11/03/2020 11/03/20 Price Changed $44,500 -0.9% $52 / Sq Ft
10/30/2020 10/30/20 Price Changed $44,900 -6.4% $53 / Sq Ft
10/28/2020 10/28/20 Price Changed $47,950 -4.0% $56 / Sq Ft
09/02/2020 09/02/20 For Sale $49,950 -- $59 / 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 -- $54,800 $7,400 $47,400
2023 $446 $54,800 $7,400 $47,400
2022 $340 $38,400 $7,400 $31,000
2021 $1,042 $46,600 $7,400 $39,200
2020 $1,018 $46,600 $7,400 $39,200
2019 $1,012 $46,600 $7,400 $39,200
2018 $1,153 $46,600 $7,400 $39,200
2017 $751 $46,100 $7,400 $38,700
2016 $950 $46,300 $7,400 $38,900
2014 $995 $45,300 $7,400 $37,900
2013 -- $45,600 $7,400 $38,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202035148

Indiana Regional MLS

APN: 82-05-34-018-147.010-025