NOT LISTED FOR SALE

304 Shelby St Unit 12 Vincennes, IN 47591

24 Beds
12 Baths
9,600 Sq Ft
10,454 Sq Ft Lot

Last Sold January 06, 2020

Last sale price $430,000 $45 Per Sq Ft

77 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • 4-minute walk to Vincennes Parks & Recreation
  • Eat-In Kitchen
  • Carpet

About This Home

As of January 2020

12-2 bedroom units in this 2 story apartment complex each with eat-in kitchen & living room. 2 coin washers and 2 coin dryers on site in a common area for tenants to use, average monthly income from washers/dryers is $250.00. Tenant pays internet/cable and electric. Landlord pays trash removal, water/sewer bill, common area electric with an average of $40.00 a month, lawn maintenance, building maintenance & building insurance. Property has off street and street parking and located on a corner lot. Unit 7 rent of $550. mo. dept. of $450. Unit 8 rent of $550. mo. dept. of $400. Unit 9 rent of $550. mo. dept. of $450. Unit 10 rent of $650. mo. dept. of $450. landlord pays elec. for this unit. Unit 11 rent of $550. mo. dept. of $450. Unit 12 rent of $550. mo. dept. of $400.

Last Listed By

Heath Klein

KLEIN RLTY&AUCTION, INC. Listed on: 08/15/2019

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,481

Year Built

  • Built in 1968

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 9,600 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Tecumseh-Harrison Elementary School
  • Clark Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for electric, lawn maintenance, maintenance, sewer, water
  • Assessor Parcel Number 42-12-21-109-104.000-022

Community Details

Overview

  • 12 Units
  • Harrison Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 12 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,765
  • Maintenance Expense $5,040
  • Trash Expense $1,020
  • Water Sewer Expense $4,560

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,481

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1968
  • Age: 51
  • Style: Two Story
  • Bedrooms: 24
  • Number Above Grade Bedrooms: 24
  • Total Bathrooms: 12
  • Total Full Bathrooms: 12
  • Legal Description: HARRISON ADD LOT 141
  • Parcel Number ID: 42-12-21-109-104.000-022
  • Platted: Yes
  • Amenities: Off Street Parking, Eat-In Kitchen, Water Heater Electric
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.56
  • Zoning Description: Mixed Residential District
  • Monthly Gross Income: 6600
  • Year Taxes Payable: 18 pay 19
  • Special Features: None

Interior Features

  • Total Sq Ft: 9600
  • Total Finished Sq Ft: 9600
  • Above Grade Finished Sq Ft: 9600
  • Price Per Sq Ft: 44.79
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 12

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Vincennes Water Utilities
  • Annual Insurance Expense: 1765
  • Annual Maintenance Expense: 5040
  • Annual Trash Expense: 1020
  • Annual Water Sewer Expense: 4560
  • Number Electric Meters: 12
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

  • School District: Vincennes Community School Corp.
  • Elementary School: Tecumseh-Harrison
  • Middle School: Clark
  • High School: Lincoln
  • Elementary School: Tecumseh-Harrison

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: Rectangular
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Lawn Maintenance, Maintenance, Sewer, Water
  • Tenant Pays: Cable, Electric

Multi Family

  • Gross Monthly Rent: 6600
  • Number Of Dryers: 2
  • Number Of Refrigerators: 12
  • Number Of Units: 12
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 12
  • Num Of Units Rented: 12

Tax Info

  • Annual Property Tax: 7481.32

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
01/06/2020 01/06/20 Sold $430,000 -4.4% $45 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $450,000 -- $47 / 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: 201935544

Indiana Regional MLS