NOT LISTED FOR SALE

3311 Mount Vernon Ave Evansville, IN 47712

Estimated Value: $180,000 - $238,000

6 Beds
2.5 Baths
2,788 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $143,000 $51 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,335/month

11 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Fenced Yard
  • Francis Joseph Reitz High School Rated 9+
  • Utility Room in Garage
  • 5 Car Detached Garage

About This Home

As of May 2019

Amazing property with options, two of the nicest rental units on the market. Live with covered expenses or use for extra income. The upper unit is leased through August of 2019. The main unit is owner occupied, but market is estimated to demand $1,000-$1,200 a month. This is a completely remodeled duplex, with updates in 2018 including all brand new double pane windows, updated plumping to pex, brand new water heaters, new central air units (3 ton for upstairs) (3.5 ton for down), new efficient furnaces (down-flow in attic for upper unit). Updated electric. Exterior painted in spring of 2018. New luxury Vinyl plank water proof flooring through out, new shaw carpet with 8lb pad in bedrooms. Half of the basement has been completed including a movie theater setting with a potential space for bedroom or more entertainment. Basement has its own access from exterior, potential for bathroom to be made into its own living space or add a bath to main level.

Last Agent to Sell the Property

Drake Espenlaub

KELLER WILLIAMS CAPITAL REALTY Listed on: 01/14/2019

Last Buyer's Agent

Yvonne Woodburn

Catanese Real Estate

Catanese Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $635

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60 x 111
  • Fenced Yard
  • Corner Lot

Home Design

  • Duplex
  • Concrete Siding

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Utility Room in Garage
  • Washer Hookup
  • Eat-In Kitchen

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Attic

  • Storage In Attic
  • Walkup Attic

Basement

  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Parking

  • 5 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, lawn maintenance
  • The owner pays for sewer, water
  • Assessor Parcel Number 82-05-23-018-078.010-025

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $1,680
  • Fuel Expense $228
  • Insurance Expense $100
  • Maintenance Expense $300
  • Water Sewer Expense $600

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$635

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 109
  • Style: Multi-Story (3+)
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PINE GROVE PT L 13 PT L 14 BL 2 PERRY TOWNSHIP TOWNSHIP
  • Parcel Number ID: 82-05-23-018-078.010-025
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fenced Yard, Off Street Parking, Storage, Attic Storage, Attic-Walk-up, Built-In Home Theatre, Cable Available, Ceiling-9+, Eat-In Kitchen, Patio Covered, Porch Covered, Water Heater Electric, Washer Hook-Up, Garage Utilities
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 102.88
  • Annual Miscellaneous: 200
  • Monthly Gross Income: 1850
  • Special Features: None

Interior Features

  • Total Sq Ft: 3088
  • Total Finished Sq Ft: 2788
  • Above Grade Finished Sq Ft: 2388
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 300
  • Price Per Sq Ft: 59.88
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Ceramic Tile, Finished, Vinyl Tile
  • Total Below Grade Sq Ft: 700
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Concrete
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: Public
  • Annual Electric: 1680
  • Annual Fuel Expense: 228
  • Annual Insurance Expense: 100
  • Annual Maintenance Expense: 300
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 60 x 111
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1850
  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 635

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Pryor Joshua M and Pryor Kaitlinn S
Bought by
Eddin Hassan Taki and Eddin Emily Taki
Current Estimated Value
$200,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$123,062
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$74,499

Purchase Details

Listed on
Jan 14, 2019
Closed on
May 1, 2019
Sold by
Espenlaub Drake
Bought by
Pryor Joshua M and Pryor Kaitlinn S
Seller's Agent
Drake Espenlaub
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Yvonne Woodburn
Catanese Real Estate
List Price
$139,000
Sold Price
$143,000
Premium/Discount to List
$4,000
2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$121,550
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2017
Closed on
May 25, 2017
Sold by
Fannie Mae
Bought by
Espenlaub Drake
Seller's Agent
Rebecca Demastus
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Drake Espenlaub
KELLER WILLIAMS CAPITAL REALTY
List Price
$54,900
Sold Price
$54,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.22%
Original Mortgage
$49,410
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2016
Sold by
Ditech Financial Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 28, 2016
Sold by
Vanderburgh County Sheriff
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Oct 19, 2005
Sold by
B And T Enterprises Llc
Bought by
Tracy Reneae T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Eddin Hassan Taki -- Near North Title
Pryor Joshua M -- None Available
Espenlaub Drake -- None Available
Federal National Mortgage Association -- --
Green Tree Servicing Llc $35,000 --
Tracy Reneae T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eddin Hassan Taki $127,500
Previous Owner Pryor Joshua M $121,550
Previous Owner Espenlaub Drake $84,000
Previous Owner Espenlaub Drake $49,410
Previous Owner Tracy Reneae T $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $143,000 +2.9% $51 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $139,000 +153.2% $50 / Sq Ft
05/25/2017 05/25/17 Sold $54,900 0.0% $23 / Sq Ft
03/10/2017 03/10/17 For Sale $54,900 -- $23 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
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 $3,209 $148,700 $10,600 $138,100
2023 $3,264 $150,300 $10,700 $139,600
2022 $1,131 $106,300 $10,700 $95,600
2021 $1,049 $97,900 $10,700 $87,200
2020 $1,036 $98,200 $10,700 $87,500
2019 $520 $69,300 $10,700 $58,600
2018 $508 $69,200 $10,700 $58,500
2017 $597 $68,500 $10,700 $57,800
2016 $1,497 $68,800 $10,700 $58,100
2014 $1,474 $67,700 $10,700 $57,000
2013 -- $75,200 $10,700 $64,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201902621

Indiana Regional MLS

APN: 82-05-23-018-078.010-025