NOT LISTED FOR SALE

4100 Claremont Ave Evansville, IN 47712

Estimated Value: $190,000 - $233,000

5 Beds
2 Baths
2,010 Sq Ft
$106/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $200,000 $100 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,282/month

10 Days on Market

Highlights

  • Walk-In Closet
  • Central Air
  • Level Lot
  • Luxury Vinyl Tile Flooring
  • Ceiling Fan
  • 1-Story Property

About This Home

As of September 2023

Welcome to 4100 Claremont Ave, an Evansville west side duplex with great cash flow! Unit 1 is a 3 bed unit with a large open deck, making it a great place to spend time relaxing or for entertainment, at $1,200 a month. Unit 2 is a 2 bed unit at $1,000 a month, for a combined $2,200 monthly cash flow! Tenants pay all utilities besides water, and both units are currently occupied. Some of the upgrades include new HVAC, flooring, paint, light fixtures, cabinet tops, appliances, other repairs, and more. Unit 1 has a new metal roof, and unit 2 has a basement. Both units have been very well-maintained, with off-street parking available for each. There are no shared spaces, providing plenty of privacy for each unit.

Last Agent to Sell the Property

Colton Glaser

RE/MAX REVOLUTION Brokerage Phone: 812-677-8090 Listed on: 07/03/2023

RE/MAX REVOLUTION

Last Buyer's Agent

Debra Clem

KELLER WILLIAMS CAPITAL REALTY

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,186

Year Built

  • Built in 1940

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 76x120
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

  • Sump Pump
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for building insurance, sewer, water
  • Assessor Parcel Number 82-05-27-018-159.053-025

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $2,400
  • Fuel Expense $3,600
  • Insurance Expense $1,800
  • Trash Expense $15
  • Water Sewer Expense $1,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,186

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1940
  • Age: 83
  • Style: One Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: EVILLE INDL ADD LOTS 17 18 BL 70
  • Parcel Number ID: 82-05-27-018-159.053-025
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Attic Pull Down Stairs, Attic Storage, Closet(s) Walk-in, Deck Open, Water Heater Electric, Sump Pump
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.28
  • Monthly Gross Income: 2200
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2503
  • Total Finished Sq Ft: 2010
  • Above Grade Finished Sq Ft: 2010
  • Below Grade Sq Ft: 493
  • Price Per Sq Ft: 99.5
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 493
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal, Shingle
  • Stories: 1

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public
  • Annual Electric: 2400
  • Annual Fuel Expense: 3600
  • Annual Insurance Expense: 1800
  • Annual Trash Expense: 15
  • Annual Water Sewer Expense: 1620
  • Number Of W D Hookups: 1

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: Level
  • Lot Dimensions: 76x120
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Sewer, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 2200
  • Number Of Dishwashers: 1
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2185.78

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

Listed on
Jul 3, 2023
Closed on
Sep 11, 2023
Sold by
J & N Renovations Llc
Bought by
Siddiqui Muhammed L
Seller's Agent
Colton Glaser
RE/MAX REVOLUTION
Buyer's Agent
Debra Clem
KELLER WILLIAMS CAPITAL REALTY
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Views
65
Current Estimated Value
$213,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,494
Avg. Annual Appreciation
3.33%
Original Mortgage
$196,377
Outstanding Balance
$192,666
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$20,309

Purchase Details

Closed on
Jul 30, 2021
Sold by
Neal Gwendalyn
Bought by
J & N Renovations Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 2, 2017
Closed on
Feb 26, 2018
Sold by
Goodrid Joseph M
Bought by
Neal Gwendalyn
Seller's Agent
Jeremy Kempf
HELFRICH REALTY CO
Buyer's Agent
Liz Miller
ERA FIRST ADVANTAGE REALTY, INC
List Price
$89,900
Sold Price
$81,000
Premium/Discount to List
-$8,900
-9.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Original Mortgage
$78,296
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2009
Sold by
West Jo Ann
Bought by
Goodrid Joseph M and Goodrid Deborah A
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
Siddiqui Muhammed L $200,000 Columbia Title
J & N Renovations Llc -- None Available
Neal Gwendalyn -- None Available
Goodrid Joseph M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siddiqui Muhammed L $196,377
Previous Owner J & N Renovations Llc $110,400
Previous Owner Neal Gwendalyn $78,296
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $200,000 -4.7% $100 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $209,900 +159.1% $104 / Sq Ft
02/26/2018 02/26/18 Sold $81,000 -9.9% $40 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
10/02/2017 10/02/17 For Sale $89,900 -- $45 / 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 $102,600 $17,500 $85,100
2023 $1,370 $99,700 $17,500 $82,200
2022 $2,186 $100,100 $17,500 $82,600
2021 $1,354 $93,000 $17,500 $75,500
2020 $1,317 $93,000 $17,500 $75,500
2019 $1,208 $93,000 $17,500 $75,500
2018 $1,304 $92,900 $17,500 $75,400
2017 $2,006 $92,000 $17,500 $74,500
2016 $2,020 $92,500 $17,500 $75,000
2014 $2,083 $95,300 $17,500 $77,800
2013 -- $96,100 $17,500 $78,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202323634

Indiana Regional MLS

APN: 82-05-27-018-159.053-025