NOT LISTED FOR SALE

200 S Tekoppel Ave Evansville, IN 47712

Poplar Grove Neighborhood

Estimated Value: $252,654

3 Beds
3 Baths
6,864 Sq Ft
$37/Sq Ft Est. Value

Last Sold September 13, 2017

Last sale price $145,000 $21 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,569/month

105 Days on Market

Highlights

  • 0.41 Acre Lot
  • Central Air
  • Level Lot
  • Francis Joseph Reitz High School Rated 9+
  • Concrete Flooring
  • 1-Story Property

About This Home

As of September 2017

Commercial/Residential Investment opportunity. Building features two separately leased warehouse spaces plus separate office area with carport and two apartments that are currently rented out. Apartment one is up and features 2 bdrms, Apartment two is a studio apartment down. Warehouse A is back and is currently occupied by upholstery business. Warehouse B is on the side and is currently leased to vending machine business. Office space with carport and storage up front with retail potential. Per seller, gross income per month is $2,200 with average utilities of $800.00 per month.

Last Agent to Sell the Property

Craig Egli

Fathom Realty IN, LLC Listed on: 05/02/2017

Fathom Realty IN, LLC

Last Buyer's Agent

Lauri Akers-Egli

KELLER WILLIAMS CAPITAL REALTY

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,026

Year Built

  • Built in 1996

Lot Details

  • 0.41 Acre Lot
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Slab Foundation
  • Metal Siding

Interior Spaces

  • 6,864 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air

Community Details

  • 5 Units
  • Electric Expense $800

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for cooling, electric, heating
  • Assessor Parcel Number 82-05-26-018-004.033-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,026

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1996
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Alberta PL PT BL2
  • Parcel Number ID: 82-05-26-018-004.033-025
  • Platted: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 6864
  • Total Finished Sq Ft: 6864
  • Above Grade Finished Sq Ft: 6864
  • Basement Foundation: Slab
  • Flooring: Concrete
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Metal
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 800

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 0 x 0
  • Estimated Lot Sq Ft: 17990
  • Estimated Lot Size Acres: 0.413

Rental Info

  • Owner Pays: Cooling, Electric, Heating
  • Tenant Pays: Cable

Tax Info

  • Annual Property Tax: 2026

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 5
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2019
Sold by
Willett Joshua J
Bought by
Willett Joshua J
Current Estimated Value
$252,654

Purchase Details

Listed on
May 2, 2017
Closed on
Sep 13, 2017
Sold by
Riecken Kim
Bought by
Willett Properties Llc
Seller's Agent
Craig Egli
Fathom Realty IN, LLC
Buyer's Agent
Lauri Akers-Egli
KELLER WILLIAMS CAPITAL REALTY
List Price
$159,000
Sold Price
$145,000
Premium/Discount to List
-$14,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$147,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 4, 2010
Sold by
Lacey Investments Inc
Bought by
Schnell Dennis and Schnell Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.11%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Willett Joshua J -- None Available
Willett Joshua J -- None Available
Willett Joshua J -- None Available
Willett Properties Llc -- None Available
Schnell Dennis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Willett Properties Llc $147,000
Previous Owner Schnell Dennis $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2017 09/13/17 Sold $145,000 -8.8% $21 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $159,000 -- $23 / 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 $2,884 $96,200 $36,000 $60,200
2023 $2,897 $96,200 $36,000 $60,200
2022 $2,924 $96,700 $36,000 $60,700
2021 $2,825 $92,200 $36,000 $56,200
2020 $2,791 $92,200 $36,000 $56,200
2019 $2,780 $92,200 $36,000 $56,200
2018 $2,582 $85,300 $36,000 $49,300
2017 $2,014 $65,900 $36,000 $29,900
2016 $2,028 $66,300 $36,000 $30,300
2014 $2,009 $65,600 $36,000 $29,600
2013 -- $66,000 $36,000 $30,000
Source: Public Records

Agents Affiliated with this Home

  • Craig Egli

    Seller's Agent in 2017

    Craig Egli

    Fathom Realty IN, LLC

    (812) 305-0617

    23 Total Sales

    Craig Egli
    Section Image

  • L

    Buyer's Agent in 2017

    Lauri Akers-Egli

    KELLER WILLIAMS CAPITAL REALTY

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201728975

Indiana Regional MLS

APN: 82-05-26-018-004.033-025

Indiana Vanderburgh County Evansville 47712 Poplar Grove

200 S Tekoppel Ave, Evansville, IN

Not Listed for Sale

MultiFamily

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