NOT LISTED FOR SALE

Estimated Value: $53,000 - $86,000

3 Beds
1 Bath
1,408 Sq Ft
$49/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $30,000 $21 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $424/month

201 Days on Market

Highlights

  • Tile Flooring
  • Level Lot
  • 1-minute walk to Culver Family Learning Center Playground
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2020

Reduced! Attention Investors! 3 Bedroom, 1 Bathroom single family home with central heat and air. The home is currently rented for $650.00/mo. Home to be sold in a package of 7 properties, 1 of which has multiple dwellings, and 1 vacant adjoining lot for off street parking for $290,000.00. All properties are currently rented and total monthly income is $4950.00. Properties include: 647 Jackson Ave., 1012 Baker Ave. Units A & B, 621 E. Virginia St., 1032 Adams Ave., 218 Taylor Ave., 804 Bellemeade Ave., and 821 Bellemeade Ave. There is no sign in the yard. Please do not disturb the tenants.

Last Agent to Sell the Property

James Melchiors

ERA FIRST ADVANTAGE REALTY, INC Listed on: 01/24/2019

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Darron Albin

HARRIS REAL ESTATE LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $552

Year Built

  • Built in 1929

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 72' x 29'
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric, lawn maintenance, sewer, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 82-06-32-022-041.010-029

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$552

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1929
  • Age: 90
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PARRETTS ENL JOHNSONS SUB REAR 1/2 LOT 16 BL 5
  • Parcel Number ID: 82-06-32-022-041.010-029
  • Platted: Yes
  • Amenities: Basement
  • Inside City Limits: Yes
  • Sp Lp Percent: 90.91
  • Monthly Gross Income: 650
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2816
  • Total Finished Sq Ft: 1408
  • Above Grade Finished Sq Ft: 1408
  • Below Grade Sq Ft: 1408
  • Price Per Sq Ft: 21.31
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Tile
  • Total Below Grade Sq Ft: 1408
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 500
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 72' x 29'
  • Estimated Lot Sq Ft: 2178
  • Estimated Lot Size Acres: 0.05

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Electric, Lawn Maintenance, Sewer, Water

Multi Family

  • Gross Monthly Rent: 650
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 551.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2019
Sold by
Jabs Llc
Bought by
3Mce Llc
Current Estimated Value
$69,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 12, 2005
Sold by
Homecomings Financial Network Inc
Bought by
Jabs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,800
Interest Rate
5.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 27, 2005
Sold by
Johnson Shonte and Hughes Joyce
Bought by
Homecomings Financial Network Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
3Mce Llc -- None Available
Jabs Llc -- None Available
Homecomings Financial Network Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3Mce Llc $270,000
Closed 3Mce Llc $176,000
Previous Owner Jabs Llc $22,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $30,000 -9.1% $21 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
06/19/2019 06/19/19 Price Changed $33,000 -7.0% $23 / Sq Ft
01/24/2019 01/24/19 For Sale $35,500 -- $25 / 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 $650 $30,200 $6,100 $24,100
2023 $634 $29,200 $6,100 $23,100
2022 $603 $27,600 $6,100 $21,500
2021 $571 $25,700 $6,100 $19,600
2020 $558 $25,700 $6,100 $19,600
2019 $555 $25,700 $6,100 $19,600
2018 $557 $25,700 $6,100 $19,600
2017 $552 $25,300 $6,100 $19,200
2016 $553 $25,300 $6,000 $19,300
2014 $544 $24,900 $6,000 $18,900
2013 -- $25,100 $6,000 $19,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201903074

Indiana Regional MLS

APN: 82-06-32-022-041.010-029