NOT LISTED FOR SALE

1913 College Ave Vincennes, IN 47591

Estimated Value: $140,000 - $188,000

3 Beds
2 Baths
1,598 Sq Ft
$108/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $82,500 $52 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,167/month

139 Days on Market

Highlights

  • 41 Feet of Waterfront
  • Lake Property
  • Laundry in Utility Room
  • Pier or Dock
  • Eat-In Kitchen
  • Luxury Vinyl Tile Flooring

About This Home

As of November 2016

Great investment property or live on the water with extra income. Either way this is the property to look at. Back apartment has great views of the lake and 2 spacious bedrooms. Sliding glass door to deck and 1.5 baths. Front unit is one bedroom with open livingroom and dining off street parking for both units..

Last Agent to Sell the Property

Robin Montgomery

F.C. TUCKER EMGE Listed on: 05/31/2016

F.C. TUCKER EMGE

Last Buyer's Agent

STACEY FOSTER

F.C. TUCKER EMGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,673

Year Built

  • Built in 1971

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 141x41
  • 41 Feet of Waterfront
  • Lake Front
  • Sloped Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Masonite

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

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

Outdoor Features

  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream

Location

  • Suburban Location

Schools

  • Franklin Elementary School
  • Vincennes Middle School
  • Vincennes High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, deposit value, electric, fuel, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 42-12-27-111-009.000-022

Community Details

Overview

  • 2 Units

Recreation

  • Pier or Dock

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $985
  • Maintenance Expense $100
  • Water Sewer Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,673

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Waterfront: Yes
  • Year Built: 1971
  • Age: 45
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Pt UP Sur 4-3-10 |
  • Parcel Number ID: 42-12-27-111-009.000-022
  • Platted: Yes
  • Amenities: Ceiling Fan, Cable Available, Countertops-Laminate, Deck Open, Deck on Waterfront, Detector-Smoke, Eat-In Kitchen
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 82.58
  • Annual Miscellaneous: 100
  • Monthly Gross Income: 1025
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 1598
  • Total Finished Sq Ft: 1598
  • Above Grade Finished Sq Ft: 1598
  • Price Per Sq Ft: 51.63
  • Flooring: Carpet, Vinyl Tile
  • Main Level Sq Ft: 1098
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Masonite
  • Roof Material: Asphalt
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 41
  • Water Name: Mirror Lake
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Vincennes Water Utilities
  • Water Type: Lake
  • Annual Insurance Expense: 985
  • Annual Maintenance Expense: 100
  • Annual Water Sewer Expense: 500
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Lake, Slope
  • Lot Dimensions: 141x41
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable, Cooling, Deposit Value, Electric, Fuel, Heating

Multi Family

  • Water Access: Lakefront
  • Gross Monthly Rent: 1025
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1672.92

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
May 31, 2016
Closed on
Nov 17, 2016
Sold by
Nidey Michael R
Bought by
Case Nancy M
Seller's Agent
Robin Montgomery
F.C. TUCKER EMGE
Buyer's Agent
STACEY FOSTER
F.C. TUCKER EMGE
List Price
$99,900
Sold Price
$82,500
Premium/Discount to List
-$17,400
-17.42%
Current Estimated Value
$172,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,738
Avg. Annual Appreciation
8.03%
Source: Public Records

Range of Values:

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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
Case Nancy M $82,500 Regional Title Services Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $82,500 -17.4% $52 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $99,900 -- $63 / 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 $2,772 $135,000 $8,600 $126,400
2023 $1,978 $95,800 $8,900 $86,900
2022 $1,730 $84,100 $8,900 $75,200
2021 $1,609 $78,200 $8,900 $69,300
2020 $1,572 $76,500 $8,900 $67,600
2019 $1,552 $74,700 $8,700 $66,000
2018 $1,728 $83,400 $8,700 $74,700
2017 $1,717 $82,600 $8,700 $73,900
2016 $1,725 $83,000 $8,700 $74,300
2014 $1,650 $80,600 $8,700 $71,900
2013 $1,615 $78,300 $700 $77,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201624596

Indiana Regional MLS

APN: 42-12-27-111-009.000-022