NOT LISTED FOR SALE

2717 Forest Ave Evansville, IN 47712

Reitz Hill Neighborhood

Estimated Value: $132,000 - $169,000

3 Beds
2 Baths
1,554 Sq Ft
$94/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $110,000 $71 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,009/month

1 Day on Market

Highlights

  • Partially Wooded Lot
  • Wood Flooring
  • Laundry in Utility Room
  • Francis Joseph Reitz High School Rated 9+
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

Reitz Hill all brick duplex on the westside of Evansville with great views! This side by side duplex offers a 2 bedroom, 1 bath (2717) and a 1 bedroom, 1 bath (2715) apartment. Electric, gas, and water are seperately metered. Great investment opportunity or affordable place to call home while the neighbor pays you rent. New gutters, gutter guards, and downspouts installed. Property to be sold As-Is. Inspections are for Buyer information only.

Last Agent to Sell the Property

Chris Austin

Berkshire Hathaway HomeServices Indiana Realty Listed on: 01/05/2022

Berkshire Hathaway HomeServices Indiana Realty

Last Buyer's Agent

Chelsea Caswell

KELLER WILLIAMS CAPITAL REALTY

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,912

Year Built

  • Built in 1949

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 133
  • Sloped Lot
  • Partially Wooded Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Eat-In Kitchen
  • Laundry in Utility Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, trash collection, water
  • The owner pays for lawn maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 82-05-26-032-012.014-029

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Water Sewer Expense $840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,912

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1949
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Forest Hills L25
  • Parcel Number ID: 82-05-26-032-012.014-029
  • Platted: Yes
  • Amenities: Eat-In Kitchen
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 1554
  • Total Finished Sq Ft: 1554
  • Above Grade Finished Sq Ft: 1554
  • Basement Foundation: Crawl
  • Flooring: Carpet, Wood
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 1

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Annual Water Sewer Expense: 840
  • Number Of W D Hookups: 2

Lot Info

  • Lot Description: Partially Wooded, Slope
  • Lot Dimensions: 50 x 133
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

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

Tax Info

  • Annual Property Tax: 1912

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Feb 8, 2022
Sold by
5 Eagle Properties Llc
Bought by
Merica Properties Llc
Seller's Agent
Chris Austin
Berkshire Hathaway HomeServices Indiana Realty
Buyer's Agent
Chelsea Caswell
KELLER WILLIAMS CAPITAL REALTY
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$145,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,696
Avg. Annual Appreciation
7.55%
Original Mortgage
$88,000
Outstanding Balance
$81,725
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$63,971

Purchase Details

Closed on
Sep 6, 2017
Sold by
Ccc Real Estate Holding Company Llc
Bought by
5 Eagle Properties Llc

Purchase Details

Closed on
Jul 17, 2017
Sold by
Newtek Small Business Finance Llc
Bought by
Ccc Real Estate Holding Co Llc

Purchase Details

Closed on
Jun 29, 2017
Sold by
Newtek Small Business Finance Llc
Bought by
Ohio Valley Plastics Inc and Old National Bank

Purchase Details

Closed on
Oct 23, 2008
Sold by
Smith Gary A
Bought by
Smith Brenda C
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
Merica Properties Llc -- Near North Title
5 Eagle Properties Llc -- None Available
Ccc Real Estate Holding Co Llc -- None Available
Ohio Valley Plastics Inc $55,250 None Available
Smith Brenda C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merica Properties Llc $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2022 02/08/22 Sold $110,000 0.0% $71 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $110,000 -- $71 / 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 $2,915 $135,100 $9,300 $125,800
2023 $2,830 $130,300 $9,300 $121,000
2022 $2,721 $124,600 $9,300 $115,300
2021 $1,956 $88,000 $9,300 $78,700
2020 $1,911 $88,000 $9,300 $78,700
2019 $2,004 $92,800 $9,300 $83,500
2018 $2,115 $92,800 $9,300 $83,500
2017 $1,250 $91,900 $9,300 $82,600
2016 $1,240 $92,000 $9,300 $82,700
2014 $1,205 $89,900 $9,300 $80,600
2013 -- $82,800 $9,300 $73,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Chris Austin

    Berkshire Hathaway HomeServices Indiana Realty

    (812) 549-0731

    1 in this area

    30 Total Sales

    Chris Austin
    Section Image
  • Chelsea Caswell

    Buyer's Agent in 2022

    Chelsea Caswell

    KELLER WILLIAMS CAPITAL REALTY

    (812) 499-8199

    2 in this area

    50 Total Sales

    Chelsea Caswell
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202200405

Indiana Regional MLS

APN: 82-05-26-032-012.014-029

Indiana Vanderburgh County Evansville 47712 Reitz Hill

2717 Forest Ave, Evansville, IN

Not Listed for Sale

MultiFamily

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