$62,000
SOLD FEB 28, 2024

2012 Rheinhardt Ave Evansville, IN 47714

2 Beds
1 Bath
784 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$79 Per Sq Ft

11% Below List Price

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
$82,477

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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    Pam Muensterman ERA FIRST ADVANTAGE REALTY, INC

    Section Image
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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 Type Sale Price Title Company
Special Warranty Deed -- None Available
Sheriffs Deed -- 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

  • Rick Mileham

    Seller's Agent in 2024

    Rick Mileham

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 453-1068

    384 Total Sales

    Section Image

  • C

    Buyer's Agent in 2024

    Christopher Lacefield

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 858-2400

    1 Total Sale

    Section Image
  • Mark Miller

    Seller's Agent in 2019

    Mark Miller

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 760-1506

    118 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 202403039

Indiana Regional MLS

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

Indiana Vanderburgh County Evansville 47714

2012 Rheinhardt Ave, Evansville, IN

This home is located at 2012 Rheinhardt Ave, Evansville, IN 47714 and is currently priced at $62,000, approximately $79 per square foot. This property was built in 1945. 2012 Rheinhardt Ave is a home located in Vanderburgh County with nearby schools including Benjamin Bosse High School, Lodge Community School, and Annunciation Catholic School - Holy Spirit Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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