NOT LISTED FOR SALE

320 E Virginia St Evansville, IN 47711

Jacobsville Neighborhood

Estimated Value: $56,000 - $148,000

4 Beds
2 Baths
2,745 Sq Ft
$41/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2025

Last sale price $45,000 $16 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $725 / mo

11 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot

About This Home

As of January 2025

Are you ready for a renovation project or searching for a home with incredible investment potential? This 4-bedroom, 2-bathroom property is bursting with possibilities! Included in the listing are inspiring renderings to showcase what this home could become when revitalized. Featuring one bedroom and a full bathroom on the main level, plus three bedrooms and another bathroom upstairs, this home offers flexibility galore. Need even more space? There's room to create a fifth bedroom on the main level! With over 2,700 square feet, there’s plenty of space for everyone and everything. Looking for an income property? This home could easily be transformed into a duplex, with a separate exterior entrance already in place for the upper level. Rental income in the area ranges from approximately $600/month for a one-bedroom unit to over $1,000/month for four-bedroom homes—making this an enticing opportunity for investors. Nestled in the heart of Evansville, IN, this property is part of a city undergoing an exciting urban renaissance. Evansville boasts vibrant restaurants, scenic walking paths, fascinating museums, and a growing nightlife scene. Downtown Evansville is buzzing with new developments, and the Ford Center provides year-round entertainment with concerts, sports events, and more. Take a sunset ride along the riverfront, and you’ll fall in love with the charm and energy of this thriving community. Whether you’re looking to craft your dream home or develop a high-potential investment property, this home offers endless possibilities.

Last Agent to Sell the Property

Aeson Mehrzad

Euphoric Development Partners Brokerage Phone: 812-598-2737 Listed on: 12/03/2024

Last Buyer's Agent

SWIAR NonMember

NonMember SWIAR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 4,478 Sq Ft Lot
  • Lot Dimensions are 35x128
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Foundation

Interior Spaces

  • 2,745 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Delaware Elementary School
  • North Middle School
  • North High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 82-06-20-025-020.009-029
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

4,478 Sq Ft Lot

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1906
  • Style: Two Story
  • Architectural Style: Traditional, Duplex
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: HEIDELBACH & ELSAS ENL L 12 PT L 13 BL 17
  • Parcel Number ID: 82-06-20-025-020.009-029
  • Platted: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2745
  • Total Finished Sq Ft: 2745
  • Above Grade Finished Sq Ft: 2745
  • Basement: Yes
  • Basement Foundation: Cellar, Unfinished
  • Basement Material: Brick
  • Bedroom 1: Dimensions: 14x14, On Level: Main
  • Bedroom 2: Dimensions: 18x13, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Bedroom 4: Dimensions: 13x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 25x16
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Delaware

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 35x128
  • Estimated Lot Sq Ft: 4478
  • Estimated Lot Size Acres: 0.1028

Tax Info

  • Annual Taxes: 1984

MLS Schools

  • High School: North
  • Middle School: North
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Jan 17, 2025
Sold by
Bought by
Seller's Agent
Aeson Mehrzad
Euphoric Development Partners
Buyer's Agent
SWIAR NonMember
NonMember SWIAR
List Price
$35,000
Sold Price
$45,000
Premium/Discount to List
$10,000
28.57%
Views
37
Current Estimated Value
$113,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,146
Avg. Annual Appreciation
86.45%
Original Mortgage
$94,250
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 1, 2017
Sold by
Bought by

Purchase Details

Closed on
Jan 19, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2007
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $94,250
Closed $72,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/17/2025 01/17/25 Sold $45,000 +28.6% $16 / Sq Ft
01/10/2025 01/10/25 For Sale $35,000 0.0% $13 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $35,000 -- $13 / Sq Ft
Source: Indiana Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,729 $65,400 $7,600 $57,800
2024 $1,301 $57,400 $5,900 $51,500
2023 $1,210 $55,700 $5,900 $49,800
2022 $1,223 $56,000 $5,900 $50,100
2021 $1,142 $51,400 $5,900 $45,500
2020 $1,116 $51,400 $5,900 $45,500
2019 $1,110 $51,400 $5,900 $45,500
2018 $1,112 $51,300 $5,900 $45,400
2017 $1,110 $50,900 $5,900 $45,000
2016 $1,114 $51,000 $5,900 $45,100
2014 $1,091 $49,900 $5,900 $44,000
2013 -- $50,300 $5,900 $44,400
Source: Public Records

Agents Affiliated with this Home

  • Aeson Mehrzad

    Seller's Agent in 2025

    Aeson Mehrzad

    Euphoric Development Partners

    (812) 647-1679

    2 in this area

    10 Total Sales

    Aeson Mehrzad
    Section Image

  • S

    Buyer's Agent in 2025

    SWIAR NonMember

    NonMember SWIAR

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Map

Source: Indiana Regional MLS

MLS Number: 202446132

Indiana Regional MLS

APN: 82-06-20-025-020.009-029

Indiana Vanderburgh County Evansville 47711 Jacobsville

320 E Virginia St, Evansville, IN

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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