NOT LISTED FOR SALE

36 E Powell Ave Evansville, IN 47713

Estimated Value: $178,000 - $244,000

5 Beds
4 Baths
3,328 Sq Ft
$61/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $123,000 $37 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,306/month

21 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Ceiling Fan

About This Home

As of August 2020

Investor opportunity! 4 unit building consisting of 1-two bedroom & 3-one bedroom apartments. Building includes steam heat & window unit ac's. Unit A lease beginning 10/2015 is 1 bedroom for $550/month with all utilities paid by owner. Unit B lease beginning 4/17/20 is 1 bedroom $550/month with electric/gas paid by owner & water paid by tenant. Unit C lease beginning 2/19/20 is a 2 bedroom $625/month with electric/gas paid by owner & water paid by tenant. Unit D is a 1 bedroom currently vacant. All interior pictures are of Unit D. All leases are for 1 year term.

Last Agent to Sell the Property

Charlie Butler

KELLER WILLIAMS CAPITAL REALTY Listed on: 06/15/2020

KELLER WILLIAMS CAPITAL REALTY

Last Buyer's Agent

John Kissel

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1894

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Crawl Space

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Tekoppel Elementary School
  • Helfrich Middle School
  • Francis Joseph Reitz High School

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • Tenant pays for sewer, water
  • The owner pays for building insurance, cooling, electric, fuel, heating, tax
  • Assessor Parcel Number 82-06-29-021-071.005-029

Community Details

Overview

  • 4 Units
  • Southern Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,412

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1894
  • Age: 126
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: SOUTHERN ENL PT 25 X 130 FT LOT 17 & 25 X 130 FT LOT 18 BL 2
  • Parcel Number ID: 82-06-29-021-071.005-029
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 98.48
  • Monthly Gross Income: 2275
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 4064
  • Total Finished Sq Ft: 3328
  • Above Grade Finished Sq Ft: 3328
  • Below Grade Sq Ft: 736
  • Price Per Sq Ft: 36.96
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Laminate, Mixed, Wood
  • Total Below Grade Sq Ft: 736
  • Number Of Ranges Ovens: 4

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Radiator
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Evansville Water & Sewer
  • Number Electric Meters: 1
  • Number Gas Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 50X130
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Cooling, Electric, Fuel, Heating, Tax
  • Tenant Pays: Sewer, Water

Multi Family

  • Gross Monthly Rent: 2275
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1412

MLS Schools

  • High School: Francis Joseph Reitz
  • Middle School: Helfrich
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2024
Sold by
Bp Managers Llc
Bought by
Property Managers Llc
Current Estimated Value
$202,000

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 31, 2020
Sold by
Fetter Properties Llc
Bought by
Bp Managers Llc
Seller's Agent
Charlie Butler
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
John Kissel
@properties
List Price
$124,900
Sold Price
$123,000
Premium/Discount to List
-$1,900
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Original Mortgage
$98,400
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Property Managers Llc -- None Listed On Document
Bp Managers Llc -- Columbia Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin Development Llc $295,000
Previous Owner Bp Managers Llc $98,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $123,000 -1.5% $37 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $124,900 0.0% $38 / Sq Ft
12/08/2014 12/08/14 Rented $525 0.0% --
12/08/2014 12/08/14 Under Contract -- -- --
07/31/2014 07/31/14 For Rent $525 -- --
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 $2,462 $114,100 $9,300 $104,800
2023 $2,871 $110,800 $9,300 $101,500
2022 $2,425 $111,300 $9,300 $102,000
2021 $2,278 $102,800 $9,300 $93,500
2020 $1,420 $65,400 $9,300 $56,100
2019 $1,412 $65,400 $9,300 $56,100
2018 $1,411 $65,300 $9,300 $56,000
2017 $1,411 $64,700 $9,300 $55,400
2016 $1,415 $64,800 $9,300 $55,500
2014 $1,394 $63,800 $9,300 $54,500
2013 -- $64,400 $9,300 $55,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202022413

Indiana Regional MLS

APN: 82-06-29-021-071.005-029