NOT LISTED FOR SALE

2 E Powell Ave Evansville, IN 47713

Estimated Value: $254,937 - $308,000

6 Beds
4 Baths
4,266 Sq Ft
$67/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $175,000 $41 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,814/month

77 Days on Market

Highlights

  • Tile Flooring
  • Francis Joseph Reitz High School Rated 9+
  • Forced Air Heating System

About This Home

As of June 2020

The Main House is a 4plex. Unit A 1 bedroom/1 bath rents for $500/month & lease ends 02/16/2021. Unit B 2 bedroom/1 bath rents for $500/month & the lease ends 10/22/2020. Unit C 1 bedroom/1 bath is vacant but previously rented for $650/month. Unit D 2 bedroom/1 bath rents for $600/month & the lease ends 5/12/2020. Carriage House is a duplex which has 1746 sqft. Unit E 2 bedroom/1 bath rents for $625/month & lease ends 01/17/2021. Unit F 2 bedroom/1 bath rents for $650/month & lease ends 01/31/2021. All units the tenants pay for water/sewer/trash. Owner pays for gas/electric.

Last Agent to Sell the Property

Charlie Butler

KELLER WILLIAMS CAPITAL REALTY Listed on: 03/10/2020

KELLER WILLIAMS CAPITAL REALTY

Last Buyer's Agent

Charlie Butler

KELLER WILLIAMS CAPITAL REALTY Listed on: 03/10/2020

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 1894

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 43x184

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Basement
  • Crawl Space

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Tekoppel Elementary School
  • Helfrich Middle School
  • Francis Joseph Reitz High School

Additional Features

  • Suburban Location
  • Forced Air Heating System

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Tenant pays for sewer, trash collection, water
  • The owner pays for building insurance, cooling, electric, fuel, heating, tax
  • Assessor Parcel Number 82-06-29-021-070.021-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,058

Year Built

Built in 1894

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1894
  • Style: Two Story
  • Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: SOUTHERN ENL 10 FT LOT 35 ALL LOT 36 & 8 FT LOT 37 BL 2
  • Parcel Number ID: 82-06-29-021-070.021-029
  • Platted: Yes
  • Amenities: Basement
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 4956
  • Total Finished Sq Ft: 4266
  • Above Grade Finished Sq Ft: 4266
  • Above Grade Unfinished Sq Ft: 690
  • Basement Foundation: Crawl
  • Flooring: Carpet, Tile
  • Main Level Sq Ft: 2151
  • Number Of Ranges Ovens: 6

Exterior Features

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

Utilities

  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Evansville Water & Sewer

Schools

  • Elementary School: Tekoppel

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 43X184
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

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

Tax Info

  • Annual Property Tax: 2058

Multi Family

  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 4

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
Mar 10, 2020
Closed on
Jun 29, 2020
Sold by
Fetter Properties Llc
Bought by
Teller Gayle E
Seller's Agent
Charlie Butler
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Charlie Butler
KELLER WILLIAMS CAPITAL REALTY
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$285,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,234
Avg. Annual Appreciation
8.87%
Original Mortgage
$140,000
Outstanding Balance
$95,536
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$189,698
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Teller Gayle E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teller Gayle E $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $175,000 -2.8% $41 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $180,000 0.0% $42 / Sq Ft
04/07/2020 04/07/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $180,000 -- $42 / Sq Ft
Source: Indiana Regional MLS

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
2025 $3,485 $171,300 $11,300 $160,000
2024 $3,485 $161,500 $8,700 $152,800
2023 $3,403 $156,700 $8,700 $148,000
2022 $3,434 $157,500 $8,700 $148,800
2021 $3,220 $145,200 $8,700 $136,500
2020 $2,070 $95,300 $8,700 $86,600
2019 $2,058 $95,300 $8,700 $86,600
2018 $2,051 $95,200 $8,700 $86,500
2017 $2,058 $94,400 $8,700 $85,700
2016 $2,070 $94,800 $8,700 $86,100
2014 $2,041 $93,400 $8,700 $84,700
2013 -- $94,300 $8,700 $85,600
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 202009092

Indiana Regional MLS

APN: 82-06-29-021-070.021-029

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