NOT LISTED FOR SALE

2012 Rheinhardt Ave Evansville, IN 47714

Estimated Value: $69,000 - $81,000

2 Beds
1 Bath
784 Sq Ft
$94/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $62,000 $79 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $483/month

15 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Eat-In Kitchen
  • Level Lot

About This Home

As of February 2024

Renovated home on Rheinhardt is ready for its new owners! Great investment property featuring two bedrooms, one bath, just under 800 sq ft, detached garage , and more. Great property to add to your portfolio! The home currently rents for $795.00 a month. Rent roll and lease copies available.

Last Agent to Sell the Property

Rick Mileham

ERA FIRST ADVANTAGE REALTY, INC Listed on: 01/31/2024

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Christopher Lacefield

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 1945

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x103
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Bathroom
  • Washer Hookup

Location

  • Suburban Location

Schools

  • Lodge Elementary School
  • Glenwood Middle School
  • Bosse High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic System

Community Details

  • Pet Restriction

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, trash collection
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 82-09-03-014-059.017-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$880

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1945
  • Age: 79
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: ORCHARD ACRES 50FT. L.25
  • Parcel Number ID: 82-09-03-014-059.017-027
  • Platted: Yes
  • Amenities: Countertops-Laminate, Eat-In Kitchen, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 88.57
  • Monthly Gross Income: 795
  • Year Taxes Payable: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 784
  • Total Finished Sq Ft: 784
  • Above Grade Finished Sq Ft: 784
  • Price Per Sq Ft: 79.08
  • Basement Foundation: Crawl
  • Flooring: Laminate

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Lodge
  • Middle School: Glenwood
  • High School: Bosse
  • Elementary School: Lodge

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50X103
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

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

Multi Family

  • Gross Monthly Rent: 795
  • Number Of Dishwashers: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 880

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2006
Sold by
Federal National Mortgage Association
Bought by
Lowe Walt and Lowe Lynn
Current Estimated Value
$73,407

Purchase Details

Closed on
Sep 30, 2005
Sold by
Baker Teresa L
Bought by
Federal National Mortgage Association
Source: Public Records

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Range of Values:

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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
Lowe Walt -- None Available
Federal National Mortgage Association -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $62,000 -11.4% $79 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $70,000 +262.7% $89 / Sq Ft
04/30/2019 04/30/19 Sold $19,300 -21.2% $25 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $24,500 -- $31 / 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 $887 $41,100 $7,300 $33,800
2023 $871 $40,100 $7,300 $32,800
2022 $880 $40,300 $7,300 $33,000
2021 $831 $37,400 $7,300 $30,100
2020 $812 $37,400 $7,300 $30,100
2019 $779 $36,100 $7,300 $28,800
2018 $782 $36,100 $7,300 $28,800
2017 $783 $35,900 $7,300 $28,600
2016 $788 $36,100 $7,300 $28,800
2014 $811 $37,100 $7,300 $29,800
2013 -- $38,300 $7,300 $31,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202403039

Indiana Regional MLS

APN: 82-09-03-014-059.017-027