NOT LISTED FOR SALE
4 Beds
4 Baths
3,484 Sq Ft
6,900 Sq Ft Lot

Last Sold July 29, 2024

Last sale price $380,000 $109 Per Sq Ft

2 Days on Market

Highlights

  • Wood Flooring
  • Cedar Closet
  • Forced Air Heating and Cooling System
  • Balcony
  • Breakfast Bar
  • Level Lot

About This Home

As of July 2024

This charming four-plex is located in one of the most desirable locations in Evansville and is a great opportunity for someone looking for a great real estate investment. Within a short walking distance from UE, each apartment features one bedroom, one bathroom, kitchen, living room, dining room, a dedicated screened-in porch, beautiful hardwood floors and trim, as well as an enclosed powered garage space. The recently updated entry provides a great place to welcome tenants when they arrive at their charming home and features a beautiful vintage mailbox for residents. Three of the kitchens have been completely modernized over the last four years, and the fourth one was moderately updated in 2019. There's also nice storage in each apartment plus there are four storage areas in the basement that can be padlocked. The basement also offers tenants the opportunity to bring in their own washer and dryer.

Last Agent to Sell the Property

Stacy Stevens

Landmark Realty & Development, Inc Brokerage Phone: 812-305-5594 Listed on: 06/20/2024

Last Buyer's Agent

Philip Hooper

Berkshire Hathaway HomeServices Indiana Realty

Berkshire Hathaway HomeServices Indiana Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,196

Year Built

  • Built in 1950

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 50x138
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Breakfast Bar
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony

Schools

  • Dexter Elementary School
  • Washington Middle School
  • Bosse High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for building insurance, tax, trash collection, water
  • Assessor Parcel Number 82-06-27-016-029.001-027

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,293
  • Insurance Expense $5,400
  • Water Sewer Expense $3,159

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,196

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1950
  • Age: 74
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: WASHINGTON TERR LOT 1 BL 6
  • Parcel Number ID: 82-06-27-016-029.001-027
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Balcony, Breakfast Bar, Cable Available, Closet(s) Cedar, Washer Hook-Up
  • Sp Lp Percent: 89.52
  • Monthly Gross Income: 2850
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 4766
  • Total Finished Sq Ft: 3484
  • Above Grade Finished Sq Ft: 3484
  • Below Grade Sq Ft: 1282
  • Price Per Sq Ft: 109.07
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Tile, Wood
  • Main Level Sq Ft: 1742
  • Total Below Grade Sq Ft: 1282
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1293.29
  • Annual Insurance Expense: 5400
  • Annual Water Sewer Expense: 3159.15
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50X138
  • Estimated Lot Sq Ft: 6900
  • Estimated Lot Size Acres: 0.16
  • Lot Number: 1

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Building Insurance, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 2850
  • Number Of Dishwashers: 4
  • Number Of Dryers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2195.68

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $380,000 -10.5% $109 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $424,500 -- $122 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202422717

Indiana Regional MLS