NOT LISTED FOR SALE

500 E Franklin St Unit 3 Evansville, IN 47711

Jacobsville Neighborhood

Estimated Value: $108,000 - $389,000

3 Beds
3 Baths
2,538 Sq Ft
$75/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $93,000 $37 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,120/month

2 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • Carpet
  • Eat-In Kitchen

About This Home

As of March 2022

This is a great 2 story triplex with 2 units on the lower level and 1 unit on the upper level. The main level has newer windows. Utilities are separately metered except for water and sewer. Gross rents are $1540/mo. Tenants pay gas and electric and owner pays water and sewer. Located close to Evansville's Downtown. All units are 1 bedroom.

Last Agent to Sell the Property

Jenny McBride

KELLER WILLIAMS CAPITAL REALTY Listed on: 02/17/2022

KELLER WILLIAMS CAPITAL REALTY

Last Buyer's Agent

Stacey Carpenter

KELLER WILLIAMS CAPITAL REALTY

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1864

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 38 x 127
  • Corner Lot

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Eat-In Kitchen
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Lincoln Elementary And Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 82-06-20-025-034.014-029

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,914
  • Maintenance Expense $2,452
  • Water Sewer Expense $2,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,295

Year Built

Built in 1864

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1864
  • Age: 158
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: H & E ENL 1/2 LOT 21 LOT 22 BL 29
  • Parcel Number ID: 82-06-20-025-034.014-029
  • Platted: Yes
  • Amenities: Basement, Eat-In Kitchen
  • Location: City/Town/Suburb
  • Sp Lp Percent: 97.89
  • Monthly Gross Income: 1540
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 2823
  • Total Finished Sq Ft: 2538
  • Above Grade Finished Sq Ft: 2538
  • Below Grade Sq Ft: 285
  • Price Per Sq Ft: 36.64
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1397
  • Total Below Grade Sq Ft: 285
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking: Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Evansville Water & Sewer
  • Annual Insurance Expense: 1914
  • Annual Maintenance Expense: 2452
  • Annual Water Sewer Expense: 2160
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Lincoln
  • Middle School: Lincoln
  • High School: Central
  • Elementary School: Lincoln

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 38 x 127
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1540
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1295

MLS Schools

  • High School: Central
  • Middle School: Lincoln
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 17, 2022
Sold by
Palmer Byron and Palmer Kimberley
Bought by
Edmund Family Living Trust and Edmund
Seller's Agent
Jenny McBride
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Stacey Carpenter
KELLER WILLIAMS CAPITAL REALTY
List Price
$95,000
Sold Price
$93,000
Premium/Discount to List
-$2,000
-2.11%
Current Estimated Value
$189,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,372
Avg. Annual Appreciation
22.04%

Purchase Details

Closed on
Feb 23, 2006
Sold by
Julian Rosalie C
Bought by
Indymac Bank F S B
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
Edmund Family Living Trust -- Near North Title
Indymac Bank F S B -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2022 03/18/22 Sold $93,000 -2.1% $37 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $95,000 -- $37 / 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 $1,390 $64,400 $6,400 $58,000
2023 $1,355 $62,400 $6,400 $56,000
2022 $1,369 $62,700 $6,400 $56,300
2021 $1,205 $54,200 $6,400 $47,800
2020 $1,177 $54,200 $6,400 $47,800
2019 $1,170 $54,200 $6,400 $47,800
2018 $1,173 $54,100 $6,400 $47,700
2017 $1,166 $53,500 $6,400 $47,100
2016 $1,168 $53,500 $6,300 $47,200
2014 $1,147 $52,500 $6,300 $46,200
2013 -- $52,900 $6,300 $46,600
Source: Public Records

Agents Affiliated with this Home

  • Jenny McBride

    Seller's Agent in 2022

    Jenny McBride

    KELLER WILLIAMS CAPITAL REALTY

    (812) 430-5661

    9 in this area

    345 Total Sales

    Jenny McBride
    Section Image
  • Stacey Carpenter

    Buyer's Agent in 2022

    Stacey Carpenter

    KELLER WILLIAMS CAPITAL REALTY

    (812) 453-2096

    9 in this area

    99 Total Sales

    Stacey Carpenter
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202205001

Indiana Regional MLS

APN: 82-06-20-025-034.014-029

Indiana Vanderburgh County Evansville 47711 Jacobsville

500 E Franklin St Unit 3, Evansville, IN

This home is located at 500 E Franklin St Unit 3, Evansville, IN 47711 since 17 February 2022 and is currently estimated at $189,372, approximately $74 per square foot. This property was built in 1864. 500 E Franklin St Unit 3 is a home located in Vanderburgh County with nearby schools including Lincoln School, Central High School, and Joshua Academy.

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 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.

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