NOT LISTED FOR SALE

221 N 6th St Vincennes, IN 47591

7 Beds
4 Baths
4,236 Sq Ft
3,485 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $130,000 $31 Per Sq Ft

216 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Entrance Foyer
  • Corner Lot
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

Don't miss out on this 2 story brick investment property in the downtown Vincennes Historic District. This 4 unit apartment building is located just a few blocks from Downtown Vincennes. There are 3 two bedroom units and a one bedroom unit. 2 of the units have long term tenants (5+ years each). The tenants are responsible for Electric, Gas, Cable/Internet, and Trash. The landlord is responsible for lawn maintenance, Water/Sewer (Average $75-$100/mo.), and provides Range Oven and Refrigerator for all units. With a roof less than 5 years old and brick exterior, paired with a very small yard, this unit is great for the investor seeking out low maintenance.

Last Listed By

Tyler Simmons

KLEIN RLTY&AUCTION, INC. Listed on: 06/06/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 1909

Lot Details

  • 3,485 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Washer Hookup

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Schools

  • Riley Elementary School
  • Clark Middle School
  • Lincoln High School

Utilities

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

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, trash collection
  • The owner pays for building insurance, lawn maintenance, sewer, tax, water
  • Assessor Parcel Number 42-12-21-401-027.000-022

Community Details

Overview

  • 4 Units
  • Old Town Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,800
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,461

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1909
  • Age: 111
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: OLD TOWN PT LOT 264
  • Parcel Number ID: 42-12-21-401-027.000-022
  • Platted: Yes
  • Amenities: Cable Ready, Eat-In Kitchen, Foyer Entry, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 87.84
  • Monthly Gross Income: 2000
  • Year Taxes Payable: 18 Pau 19
  • Special Features: None

Interior Features

  • Total Sq Ft: 6354
  • Total Finished Sq Ft: 4236
  • Above Grade Finished Sq Ft: 4236
  • Below Grade Sq Ft: 2118
  • Price Per Sq Ft: 30.69
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 2118
  • Number Of Ranges Ovens: 4

Exterior Features

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

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Vincennes Water Utilities
  • Cable Company: Cinergy MetroNet
  • Annual Insurance Expense: 1800
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 3
  • Number Water Meters: 4

Schools

  • School District: Vincennes Community School Corp.
  • Elementary School: Riley
  • Middle School: Clark
  • High School: Lincoln
  • Elementary School: Riley

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: Square
  • Estimated Lot Sq Ft: 3485
  • Estimated Lot Size Acres: 0.08

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Sewer, Tax, Water
  • Tenant Pays: Cable, Electric, Fuel, Trash Collection

Multi Family

  • Gross Monthly Rent: 2000
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2461.48

MLS Schools

  • High School: Lincoln
  • Middle School: Clark
  • School District: Vincennes Community 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
02/28/2020 02/28/20 Sold $130,000 0.0% $31 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
01/01/2020 01/01/20 Off Market $130,000 -- --
06/06/2019 06/06/19 For Sale $148,000 +15.6% $35 / Sq Ft
04/06/2016 04/06/16 Sold $128,000 -8.6% $31 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $140,000 -- $34 / 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: 201923048

Indiana Regional MLS