NOT LISTED FOR SALE

Estimated Value: $113,000 - $152,000

2 Beds
2 Baths
1,364 Sq Ft
$91/Sq Ft Est. Value

Last Sold June 21, 2025

Last sale price $114,900 $84 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $907/month

3 Days on Market

Highlights

  • Eat-In Kitchen
  • Central Air
  • Carpet
  • Entrance Foyer
  • Level Lot
  • 1-Story Property

About This Home

As of June 2025

Love where you live—and invest! This brick ranch duplex is a fantastic opportunity for both seasoned and first-time investors. Each unit features a comfortable 1-bedroom, 1-bath layout with in-unit washer/dryer hookups, offering renters convenience and privacy. The property has been consistently occupied by long-term tenants since 2019, both currently on flexible month-to-month leases that provide stability without long-term commitment. Recent updates in 2024 enhance the property's value and appeal: Unit A had a new refrigerator and windows in 2024, along with the added perk of off-street parking. Unit B also received a new water heater in 2024, ensuring continued efficiency and tenant satisfaction. Utilities are tenant-friendly—each pays their own electric and gas—while the landlord covers water, sewer, trash, pest control, and lawn care, keeping management simple and predictable. This low-maintenance, income-producing property combines comfort, functionality, and smart upgrades in a classic brick exterior. Whether you're expanding your portfolio or looking for a turnkey addition, this duplex is ready to perform.

Last Agent to Sell the Property

Marc Hoeppner

@properties Listed on: 04/25/2025

Last Buyer's Agent

Marc Hoeppner

@properties Listed on: 04/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,201

Year Built

  • Built in 1966

Lot Details

  • 6,578 Sq Ft Lot
  • Lot Dimensions are 51 x 129
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,364 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Carpet
  • Crawl Space
  • Eat-In Kitchen
  • Washer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Harper Elementary School
  • Washington Middle School
  • Bosse High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 82-06-27-012-025.023-027

Community Details

Overview

  • 2 Units
  • Ramona Place Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Insurance Expense $550
  • Water Sewer Expense $1,117

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,201

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1966
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Ramona PL PT L31 & 12 Foot Vacant Alley
  • Parcel Number ID: 82-06-27-012-025.023-027
  • Platted: Yes
  • Amenities: Off Street Parking, Eat-In Kitchen, Foyer Entry, Washer Hook-Up
  • Special Features: None

Interior Features

  • Total Sq Ft: 1364
  • Total Finished Sq Ft: 1364
  • Above Grade Finished Sq Ft: 1364
  • Basement Foundation: Crawl
  • Flooring: Carpet
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Stories: 1

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 550
  • Annual Water Sewer Expense: 1117.2
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Harper

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 51 x 129
  • Estimated Lot Sq Ft: 6578
  • Estimated Lot Size Acres: 0.151

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating

Tax Info

  • Annual Property Tax: 2201.06

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

MLS Schools

  • High School: Bosse
  • Middle School: Washington
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
Jun 18, 2025
Sold by
Ellis Wayne A
Bought by
Ghata Abdah
Seller's Agent
Marc Hoeppner
@properties
Buyer's Agent
Marc Hoeppner
@properties
List Price
$114,900
Sold Price
$114,900
Views
45
Current Estimated Value
$124,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,641
Avg. Annual Appreciation
14.37%
Original Mortgage
$146,437
Outstanding Balance
$140,228
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$15,687

Purchase Details

Closed on
Oct 8, 2015
Sold by
Beacon Property Group Llc
Bought by
Ellis Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
3.91%
Mortgage Type
Commercial
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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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
Ghata Abdah -- Hometown Title
Ellis Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghata Abdah $146,437
Previous Owner Ellis Wayne $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2025 06/21/25 Sold $114,900 0.0% $84 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $114,900 -- $84 / 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
2024 $3,107 $144,000 $19,400 $124,600
2023 $1,250 $57,200 $18,700 $38,500
2022 $993 $45,100 $18,700 $26,400
2021 $926 $41,300 $18,700 $22,600
2020 $905 $41,300 $18,700 $22,600
2019 $903 $41,400 $18,700 $22,700
2018 $906 $41,400 $18,700 $22,700
2017 $907 $41,200 $18,700 $22,500
2016 $909 $89,300 $18,700 $70,600
2014 $1,794 $81,700 $18,700 $63,000
2013 -- $79,500 $18,700 $60,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202514694

Indiana Regional MLS

APN: 82-06-27-012-025.023-027