NOT LISTED FOR SALE

3413 Covert Ave Evansville, IN 47714

Estimated Value: $96,000 - $118,000

2 Beds
1 Bath
931 Sq Ft
$115/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $85,000 $91 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $717/month

1 Day on Market

Highlights

  • Covered patio or porch
  • 1 Car Detached Garage
  • Laundry in Utility Room
  • Fenced Yard
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

This conveniently located home is perfect for a first time homeowner or as an investment property. The large living room measuring 19x12 leads into the large eat-in kitchen measuring 17x12. Lot's of cabinetry in the kitchen with a separate room for the washer and dryer. The large front yard is completely fenced in and the backyard is partially fenced. The oversized garage is a one car garage which includes a work area. The carpet in the living room and bedrooms is a newer neutral color as well as newer vinyl flooring in the kitchen. Per seller, major updates are NEW HIGH EFFICIENCY HVAC, NEW GARAGE DOOR W/2 REMOTES, NEWER PAINT AND NEW ELECTRIAL PANEL WITH BREAKERS! Priced to sell!!

Last Agent to Sell the Property

Sheila Smith

F.C. TUCKER EMGE Listed on: 05/10/2022

Last Buyer's Agent

Grant Waldroup

F.C. TUCKER EMGE

F.C. TUCKER EMGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1955

Lot Details

  • 9,849 Sq Ft Lot
  • Lot Dimensions are 67x147
  • Fenced Yard
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 931 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Storage In Attic
  • Storm Doors
  • Eat-In Kitchen
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Schools

  • Fairlawn Elementary School
  • Mcgary Middle School
  • William Henry Harrison High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Covered patio or porch

Listing and Financial Details

  • Tenant pays for cable, electric, heating, lawn maintenance, sewer, trash collection, water
  • The owner pays for maintenance, tax
  • Assessor Parcel Number 82-06-35-017-095.006-027

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Maintenance Expense $652

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,290

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1955
  • Age: 67
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT E1/2 NW 35-6-10 L 3 PLAT OF PARTITION OF THE LANDS OF JUNE POLLACK GILHAM
  • Parcel Number ID: 82-06-35-017-095.006-027
  • Platted: Yes
  • Amenities: Ceiling Fan, Fenced Yard, Attic Storage, Cable Available, Eat-In Kitchen, Garage Door Opener, Porch Covered, Storm Doors, Water Heater Electric
  • Sp Lp Percent: 100.59
  • Monthly Gross Income: 800
  • Year Taxes Payable: 1290.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 931
  • Total Finished Sq Ft: 931
  • Above Grade Finished Sq Ft: 931
  • Price Per Sq Ft: 91.3
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate, Vinyl
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Fence: Chain Link, Privacy, Wood
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Garage, Gravel, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: High Efficiency Furnace
  • Annual Maintenance Expense: 652
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Fairlawn
  • Middle School: McGary
  • High School: William Henry Harrison
  • Elementary School: Fairlawn

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 67X147
  • Estimated Lot Sq Ft: 9849
  • Estimated Lot Size Acres: 0.2261

Green Features

  • Energy Efficient: HVAC

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Maintenance, Tax
  • Tenant Pays: Cable, Electric, Heating, Lawn Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 800
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1290

MLS Schools

  • High School: William Henry Harrison
  • Middle School: McGary
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Jun 8, 2022
Sold by
W Diversified Llc
Bought by
G & K Properties Llc
Seller's Agent
Sheila Smith
F.C. TUCKER EMGE
Buyer's Agent
Grant Waldroup
F.C. TUCKER EMGE
List Price
$84,500
Sold Price
$85,000
Premium/Discount to List
$500
0.59%
Total Days on Market
1
Current Estimated Value
$106,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,775
Avg. Annual Appreciation
7.34%
Original Mortgage
$136,000
Outstanding Balance
$116,673
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$11,627

Purchase Details

Listed on
Oct 12, 2019
Closed on
Jun 26, 2020
Sold by
Rhea W Vernon
Bought by
W Diversified Llc
Seller's Agent
Jason Eddy
F.C. TUCKER EMGE
Buyer's Agent
Charlie Butler
KELLER WILLIAMS CAPITAL REALTY
List Price
$69,000
Sold Price
$55,000
Premium/Discount to List
-$14,000
-20.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.01%

Purchase Details

Closed on
Mar 16, 2007
Sold by
Winchester Houses Llc
Bought by
Rhea W Vernon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

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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
G & K Properties Llc $85,000 Foreman Watson Land Title
W Diversified Llc -- Dodson Law & Title Llc
Rhea W Vernon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open G & K Properties Llc $136,000
Previous Owner Rheaiii W Vernon $51,237
Previous Owner Rhea W Vernon $6,995
Previous Owner Rhea W Vernon $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $85,000 +0.6% $91 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $84,500 +53.6% $91 / Sq Ft
06/26/2020 06/26/20 Sold $55,000 -11.3% $59 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
02/21/2020 02/21/20 Price Changed $62,000 -4.6% $67 / Sq Ft
10/26/2019 10/26/19 Price Changed $65,000 -5.8% $70 / Sq Ft
10/12/2019 10/12/19 For Sale $69,000 -- $74 / 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 $1,416 $65,600 $16,000 $49,600
2023 $1,375 $63,300 $15,200 $48,100
2022 $1,389 $63,600 $15,200 $48,400
2021 $1,320 $59,400 $15,200 $44,200
2020 $1,290 $59,400 $15,200 $44,200
2019 $1,283 $59,400 $15,200 $44,200
2018 $1,288 $59,400 $15,200 $44,200
2017 $1,279 $58,900 $15,200 $43,700
2016 $1,285 $59,100 $15,200 $43,900
2014 $1,286 $59,100 $15,200 $43,900
2013 -- $59,900 $15,200 $44,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202217302

Indiana Regional MLS

APN: 82-06-35-017-095.006-027