NOT LISTED FOR SALE

2848 Pennsylvania St Evansville, IN 47712

Reitz Hill Neighborhood
5 Beds
5 Baths
4,340 Sq Ft
9,750 Sq Ft Lot

Last Sold July 07, 2016

Last sale price $155,000 $36 Per Sq Ft

11 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Entrance Foyer
  • Balcony
  • Walk-In Closet
  • Laundry in Utility Room

About This Home

As of July 2016

Money making westside 5-plex situated perfectly between the new downtown medical school and USI! One bedroom units that gross $1,805/month. Fully rented and owner occupied. Coin-operated laundry room in the basement. One penthouse unit, two main level units and two basement units. 5 Separate gas and electric meters and 5 separate furnaces; one water meter. 4 units with central air units and one basement unit with a window unit. Secured storage offered. Rear parking. Per seller, $3,500 in updates to basement unit D.

Last Agent to Sell the Property

Jonathan Weaver

F.C. TUCKER EMGE Listed on: 05/10/2016

F.C. TUCKER EMGE

Last Buyer's Agent

Jonathan Miller

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,037

Year Built

  • Built in 1904

Lot Details

  • 9,750 Sq Ft Lot
  • Lot Dimensions are 75x130
  • Landscaped
  • Sloped Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • 2 Bathrooms in Basement
  • 2 Bedrooms in Basement

Parking

  • 5 Parking Spaces
  • Driveway
  • Paved Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Suburban Location

Schools

  • Tekoppel Elementary School
  • Helfrich Middle School
  • Francis Joseph Reitz High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable, cooling, electric, fuel, heating
  • The owner pays for building insurance, lawn maintenance, maintenance
  • Assessor Parcel Number 82-05-26-032-010.003-029

Community Details

Overview

  • 5 Units
  • Forest Hill Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pet Restriction

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Insurance Expense $1,788
  • Maintenance Expense $3,000
  • Water Sewer Expense $240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,037

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 1904
  • Age: 112
  • Style: One and Half Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: Forest Hills Lot 3 |
  • Parcel Number ID: 82-05-26-032-010.003-029
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Storage, Balcony, Cable Available, Cable Ready, Closet(s) Walk-in, Countertops-Laminate, Deck Open, Eat-In Kitchen, Foyer Entry, Landscaped, Porch Covered, Water Heater Gas
  • Cross Street: Barker
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 86.16
  • Annual Miscellaneous: 120
  • Monthly Gross Income: 2542
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 4560
  • Total Finished Sq Ft: 4340
  • Above Grade Finished Sq Ft: 2940
  • Below Grade Finished Sq Ft: 1400
  • Below Grade Sq Ft: 220
  • Price Per Sq Ft: 52.72
  • Basement: Yes
  • Basement Foundation: Finished, Walk-Out Basement
  • Flooring: Carpet, Laminate, Ceramic Tile
  • Main Level Sq Ft: 1620
  • Number Below Grade Bathrooms: 2
  • Total Below Grade Sq Ft: 1620
  • Number Of Ranges Ovens: 5
  • Number Ttl Rooms Below Grade: 6

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Stories: 1.5

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 5
  • Parking: Lot, Off Street, Paved, Street

Utilities

  • Cooling: Central Air, Multiple Cooling Units, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Annual Electric: 480
  • Annual Insurance Expense: 1788
  • Annual Maintenance Expense: 3000
  • Annual Water Sewer Expense: 240
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Number Of W D Hookups: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Tekoppel
  • Middle School: Helfrich
  • High School: Francis Joseph Reitz
  • Elementary School: Tekoppel

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 75x130
  • Estimated Lot Sq Ft: 9750
  • Estimated Lot Size Acres: 0.223

Rental Info

  • Lease Term: 1 Year, Negotiable, Renewal Options
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating

Tax Info

  • Exemptions: Homestead, Mortgage
  • Annual Property Tax: 2037

Multi Family

  • Gross Monthly Rent: 1805
  • Number Of Dryers: 3
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 5
  • Num Of Units Rented: 4

MLS Schools

  • High School: Francis Joseph Reitz
  • Middle School: Helfrich
  • 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
07/07/2016 07/07/16 Sold $155,000 -13.8% $36 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $179,900 -- $41 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jonathan Weaver

    Seller's Agent in 2016

    Jonathan Weaver

    F.C. TUCKER EMGE

    (812) 568-0562

    177 Total Sales

    Section Image

  • J

    Buyer's Agent in 2016

    Jonathan Miller

    KELLER WILLIAMS CAPITAL REALTY

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201621015

Indiana Regional MLS

APN: 82-05-26-032-010.003-029

Indiana Vanderburgh County Evansville 47712 Reitz Hill

2848 Pennsylvania St, Evansville, IN

This home is located at 2848 Pennsylvania St, Evansville, IN 47712 since 10 May 2016. This property was built in 1904. 2848 Pennsylvania St is a home located in Vanderburgh County with nearby schools including Tekoppel Elementary School, Helfrich Park STEM Academy, and Francis Joseph Reitz High School.

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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