NOT LISTED FOR SALE

32 E Swartzel Ave Vincennes, IN 47591

Estimated Value: $61,000 - $104,000

3 Beds
3 Baths
1,235 Sq Ft
$70/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $45,000 $36 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $560/month

17 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 1-Story Property
  • Porch
  • Level Lot

About This Home

As of July 2022

INVESTMENT PROPERTY OPPORTUNITY!! Features include three rented units with a consistent rental history and seller maintenance history, as well as a detached garage for owner use only.

Last Agent to Sell the Property

Phil Corrona

Fathom Realty IN, LLC Listed on: 06/20/2022

Fathom Realty IN, LLC

Last Buyer's Agent

Delmar Wagler

Integrity Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $958

Year Built

  • Built in 1910

Lot Details

  • 6,011 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Sump Pump
  • Crawl Space

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, trash collection, deposit value
  • The owner pays for electric, fuel, heating, water
  • Assessor Parcel Number 42-12-15-306-077.000-022

Community Details

Overview

  • 3 Units
  • Columbia Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,176
  • Fuel Expense $1,632
  • Insurance Expense $469
  • Maintenance Expense $1,978
  • Water Sewer Expense $872

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$958

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1910
  • Age: 112
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Columbia SD Lot 173
  • Parcel Number ID: 42-12-15-306-077.000-022
  • Platted: Yes
  • Amenities: Off Street Parking, Detector-Smoke, Porch Open, Water Heater Gas, Sump Pump
  • Sp Lp Percent: 91.84
  • Monthly Gross Income: 1475
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2161
  • Total Finished Sq Ft: 1235
  • Above Grade Finished Sq Ft: 1235
  • Below Grade Sq Ft: 926
  • Price Per Sq Ft: 36.44
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Wood, Vinyl
  • Total Below Grade Sq Ft: 926
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Metal
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1176
  • Annual Fuel Expense: 1632
  • Annual Insurance Expense: 469
  • Annual Maintenance Expense: 1978
  • Annual Water Sewer Expense: 872

Condo/Co-op/Association

  • 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: Level
  • Lot Dimensions: RECTANGULAR
  • Estimated Lot Sq Ft: 6011
  • Estimated Lot Size Acres: 0.138

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Fuel, Heating, Water
  • Tenant Pays: Cable, Trash Collection, Deposit Value

Multi Family

  • Gross Monthly Rent: 1475
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 958.48

MLS Schools

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

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    Section Image

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
07/20/2022 07/20/22 Sold $45,000 -8.2% $36 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $49,000 -- $40 / 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 $894 $40,900 $4,800 $36,100
2023 $870 $39,700 $3,000 $36,700
2022 $700 $34,100 $3,000 $31,100
2021 $678 $33,000 $3,000 $30,000
2020 $958 $32,400 $3,000 $29,400
2019 $951 $31,600 $2,900 $28,700
2018 $962 $32,000 $2,900 $29,100
2017 $949 $31,500 $2,900 $28,600
2016 $949 $31,500 $2,900 $28,600
2014 $918 $31,100 $2,900 $28,200
2013 $918 $30,200 $700 $29,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202224678

Indiana Regional MLS

APN: 42-12-15-306-077.000-022