NOT LISTED FOR SALE

1831 N 2nd St Vincennes, IN 47591

Estimated Value: $109,000 - $141,000

3 Beds
2 Baths
955 Sq Ft
$128/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $36,000 $38 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $792/month

134 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Luxury Vinyl Tile Flooring
  • Covered patio or porch
  • Laundry in Utility Room
  • Forced Air Heating and Cooling System

About This Home

As of January 2017

Great investment property. Duplex in good condition that includes a 2 bedroom unit upstairs and a 1 bedroom on the main level. Nice front porch across the front and off street parking in the back. Don't pass up this opportunity. Could be put back into single family residence easily

Last Listed By

Robin Montgomery

F.C. TUCKER EMGE Listed on: 08/16/2016

F.C. TUCKER EMGE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,924 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Foundation
  • Asphalt Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laundry in Utility Room
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

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

Schools

  • Tecumseh-Harrison Elementary School
  • Vincennes Middle School
  • Vincennes High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance
  • Assessor Parcel Number 42-12-15-313-005.000-022

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $605
  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 116
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Miller & Bayard SD Lot 32 |
  • Parcel Number ID: 42-12-15-313-005.000-022
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Cable Available, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Porch Covered, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90.23
  • Monthly Gross Income: 750
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 1910
  • Total Finished Sq Ft: 955
  • Above Grade Finished Sq Ft: 955
  • Below Grade Sq Ft: 955
  • Price Per Sq Ft: 37.7
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Brick
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 955
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Metal
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Off Street, Street

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Vincennes Water Utilities
  • Annual Insurance Expense: 605
  • Annual Maintenance Expense: 500
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

  • School District: Vincennes Community School Corp.
  • Elementary School: Tecumseh-Harrison
  • Middle School: Vincennes
  • High School: Vincennes
  • Elementary School: Tecumseh-Harrison

Lot Info

  • Lot Description: Level
  • Lot Dimensions: regular
  • Estimated Lot Sq Ft: 5924
  • Estimated Lot Size Acres: 0.136

Rental Info

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

Multi Family

  • Gross Monthly Rent: 750
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 940.72

MLS Schools

  • High School: Vincennes
  • Middle School: Vincennes
  • School District: Vincennes Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Jan 13, 2017
Sold by
Kroeger Dexter J
Bought by
Mnc Properties Llc
Seller's Agent
Robin Montgomery
F.C. TUCKER EMGE
Buyer's Agent
TRAVIS PIPER
KLEIN RLTY&AUCTION, INC.
List Price
$39,900
Sold Price
$36,000
Premium/Discount to List
-$3,900
-9.77%
Total Days on Market
134
Current Estimated Value
$122,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,395
Avg. Annual Appreciation
14.18%

Range of Values:

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Average Value
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List Price
Sold Price
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    Section Image

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
Mnc Properties Llc $45,000 Regional Title Svcs Grp Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $36,000 -9.8% $38 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $39,900 -- $42 / 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 $1,282 $60,900 $4,800 $56,100
2023 $1,270 $60,300 $3,000 $57,300
2022 $1,102 $53,700 $3,000 $50,700
2021 $998 $48,600 $3,000 $45,600
2020 $997 $48,600 $3,000 $45,600
2019 $1,001 $47,300 $2,900 $44,400
2018 $957 $45,200 $2,900 $42,300
2017 $946 $44,600 $2,900 $41,700
2016 $947 $44,600 $2,900 $41,700
2014 $907 $44,400 $2,900 $41,500
2013 $926 $44,900 $700 $44,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201638207

Indiana Regional MLS

APN: 42-12-15-313-005.000-022