NOT LISTED FOR SALE

220 E Illinois St Evansville, IN 47711

Jacobsville Neighborhood

Estimated Value: $151,985

-- Bed
-- Bath
2,144 Sq Ft
$71/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $75,000 $35 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $973/month

7 Days on Market

Highlights

  • Partially Wooded Lot
  • Balcony
  • 10 Car Garage
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of October 2013

SELLER SAYS BRING ALL OFFERS! THIS BUILDING IS IN A VERY CONVENIENT LOCATION SURROUNDED BY VECTREN IN A VERY CLEAN AND QUIET AREA THAT IS PATROLED BY VECTREN SECURITY. THE BUILDING OFFERS 4 ONE BEDROOM UNITS ON 2ND FLOOR WITH THE FIRST FLOOR BEING A LARGE GARAGE WITH DOUBLE WIDE GARAGE DOORS WITH OPENERS ON BOTH END OF THE BUILDING FOR DRIVE THRU ACCESS. GARAGE IS ON A SLAB WITH FLOOR DRAIN, PLUMBING, HOT WATER. BUILDING IS TOTAL ELECTRIC AND ALL UNITS ARE METERED SEPERATLY. THERE IS PLENTY OF OFF STREET PARKING AND STREET PARKING. 2 OF THE UNITS HAVE WASHER/DRYER HOOKUPS. PROPERTY REQUIRES VERY LITTLE EXTERIOR MAINTENACE SINCE THERE IS NO LAWNS TO MOW. PROPERTY HAS BEEN VERY WELL MAINTAINED AND IS READY TO SELL. WITH CLOSE PROXIMITY TO VECTREN, DEACONESS HOSPITAL, BRISTOL MYERS, AND BERRY PLASTICS...THESE UNITS COULD ALSO POTENTIALLY MAKE A GREAT EXECUTIVE SUITE RENTALS IF FURNISHED. GARAGE AREA COULD BE EASILY DIVIDED AND RENTED FOR STORAGE OR FRAMED OUT TO CREATE MORE UNITS. As Is

Last Agent to Sell the Property

Angela Bullock

Evansville Lifestyle Realty LLC Listed on: 10/11/2013

Last Buyer's Agent

Angela Bullock

Evansville Lifestyle Realty LLC Listed on: 10/11/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 6,350 Sq Ft Lot
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • 2,144 Sq Ft Home
  • 2-Story Property
  • Block Basement Construction
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Parking

  • 10 Car Garage
  • Garage Door Opener
  • Parking Lot

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 4 Units
  • Jacobsville Subdivision

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 82-06-20-025-045.010-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1980
  • Style: Two Story
  • Legal Description: H & E ENL LOTS 12 & 13, BL 39 |
  • Parcel Number ID: 82-06-20-025-045.010-029
  • Platted: Yes
  • Amenities: Balcony, Detector-Smoke, Garage Door Opener, Water Heater Electric
  • Zoning Description: R
  • Year Taxes Payable: 2012
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2144
  • Basement Foundation: Slab
  • Basement Material: Block
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior: Aluminum, Brick, Vinyl
  • Roof Material: Composite, Shingle
  • Fence: Chain Link
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 10
  • Parking: Garage, Lot

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City

Lot Info

  • Lot Description: Corner, Level, Partially Wooded
  • Estimated Lot Sq Ft: 6350

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 2910

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2020
Sold by
Meisler Investments Llc
Bought by
10X Investments Llc
Current Estimated Value
$151,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$70,269
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 11, 2013
Closed on
Oct 23, 2013
Sold by
Miller & Miller Investments Inc
Bought by
Meisler Investments Llc
Seller's Agent
Angela Bullock
Evansville Lifestyle Realty LLC
Buyer's Agent
Angela Bullock
Evansville Lifestyle Realty LLC
List Price
$96,000
Sold Price
$75,000
Premium/Discount to List
-$21,000
-21.88%
Source: Public Records

Range of Values:

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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
10X Investments Llc -- None Available
Meisler Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 10X Investments Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2013 10/23/13 Sold $75,000 -21.9% $35 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
10/11/2013 10/11/13 For Sale $96,000 -- $45 / 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 $2,132 $98,800 $6,400 $92,400
2023 $1,449 $66,700 $6,400 $60,300
2022 $1,688 $77,300 $6,400 $70,900
2021 $1,613 $72,600 $6,400 $66,200
2020 $1,588 $73,100 $6,400 $66,700
2019 $1,786 $82,700 $6,400 $76,300
2018 $1,780 $82,100 $6,400 $75,700
2017 $1,999 $91,700 $6,400 $85,300
2016 $1,712 $78,400 $6,400 $72,000
2014 $1,702 $77,900 $6,400 $71,500
2013 -- $108,000 $6,400 $101,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Angela Bullock

    Evansville Lifestyle Realty LLC

    (812) 434-1239

    23 Total Sales

    Angela Bullock
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Map

Source: Indiana Regional MLS

MLS Number: 958187

Indiana Regional MLS

APN: 82-06-20-025-045.010-029

Indiana Vanderburgh County Evansville 47711 Jacobsville

220 E Illinois St, Evansville, IN

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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