NOT LISTED FOR SALE

227 S Tekoppel Ave Evansville, IN 47712

Estimated Value: $110,000 - $172,000

4 Beds
2 Baths
2,370 Sq Ft
$59/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $88,250 $37 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $941/month

88 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Level Lot
  • Francis Joseph Reitz High School Rated 9+
  • Central Air
  • 1-Story Property

About This Home

As of December 2021

Investment Opportunity! Westside Duplex offering units with two bedrooms & one bath. Appliances included. Gross rent $1175. Owner pays water, sewer & trash. Updated windows, roof replaced 7 years ago on duplex. Off street parking for tenants.

Last Agent to Sell the Property

Chadd Huffman

RK Brokerage LLC Listed on: 08/13/2021

RK Brokerage LLC

Last Buyer's Agent

Paula Haller

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 1941

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 115x100
  • Chain Link Fence
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Parking

  • 6 Parking Spaces
  • Gravel Driveway

Additional Features

  • Covered Patio or Porch
  • Central Air

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 82-05-27-018-036.002-025

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Insurance Expense $700
  • Maintenance Expense $1,000
  • Water Sewer Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,153

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1941
  • Style: One Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Herrman Place Lot 3 & PT Lot 4
  • Parcel Number ID: 82-05-27-018-036.002-025
  • Platted: Yes
  • Amenities: Porch Covered, Sump Pump
  • Inside City Limits: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 2370
  • Total Finished Sq Ft: 2370
  • Above Grade Finished Sq Ft: 1470
  • Below Grade Finished Sq Ft: 900
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Wood
  • Main Level Sq Ft: 1470
  • Total Below Grade Sq Ft: 900
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Fence: Chain Link
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 6
  • Parking: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Evansville Water & Sewer
  • Annual Electric: 300
  • Annual Insurance Expense: 700
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 2400
  • Number Electric Meters: 3
  • Number Gas Meters: 2
  • Number Water Meters: 1

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 115x100
  • Estimated Lot Sq Ft: 11326
  • Estimated Lot Size Acres: 0.26

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 1153

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Dec 22, 2021
Sold by
Cavins Robert
Bought by
Micheletti Paul and Micheletti Hannah
Seller's Agent
Chadd Huffman
RK Brokerage LLC
Buyer's Agent
Paula Haller
ERA FIRST ADVANTAGE REALTY, INC
List Price
$99,500
Sold Price
$88,250
Premium/Discount to List
-$11,250
-11.31%
Current Estimated Value
$139,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,592
Avg. Annual Appreciation
12.33%
Original Mortgage
$70,600
Outstanding Balance
$55,134
Interest Rate
2.27%
Mortgage Type
New Conventional
Estimated Equity
$84,708

Purchase Details

Closed on
Dec 29, 2009
Sold by
Fulkerson Bruce
Bought by
Cavens Robert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Micheletti Paul $88,250 None Available
Cavens Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Micheletti Paul $70,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $88,250 -11.3% $37 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $99,500 0.0% $42 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $99,500 -- $42 / 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 $2,454 $113,700 $8,400 $105,300
2023 $2,401 $109,900 $8,100 $101,800
2022 $2,375 $110,400 $8,100 $102,300
2021 $1,180 $52,400 $8,100 $44,300
2020 $1,153 $52,400 $8,100 $44,300
2019 $1,146 $52,400 $8,100 $44,300
2018 $1,149 $52,300 $8,100 $44,200
2017 $2,293 $51,700 $8,100 $43,600
2016 $1,711 $51,900 $8,100 $43,800
2014 $737 $80,500 $7,800 $72,700
2013 -- $73,600 $7,800 $65,800
Source: Public Records

Agents Affiliated with this Home

  • Chadd Huffman

    Seller's Agent in 2021

    Chadd Huffman

    RK Brokerage LLC

    (812) 422-4096

    61 Total Sales

    Chadd Huffman
    Section Image
  • Paula Haller

    Buyer's Agent in 2021

    Paula Haller

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 305-3646

    117 Total Sales

    Paula Haller
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202133489

Indiana Regional MLS

APN: 82-05-27-018-036.002-025

Indiana Vanderburgh County Evansville 47712

227 S Tekoppel Ave, Evansville, IN

Not Listed for Sale

MultiFamily

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