$35,000
SOLD JUL 17, 2025

501 N 2nd St Vincennes, IN 47591

3 Beds
1 Bath
1,463 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

61% Below List Price

395 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Bathtub with Shower
  • Corner Lot
  • Formal Dining Room
  • 3-minute walk to Vincennes Parks & Recreation

About This Home

As of July 2025

Income producing home with long term tenant! This is a 3 bedroom, 1 bathroom home in Old Town Vincennes that has proven rental history. The current tenant is paying $700/month, has been there over 10 years and has an extended lease until January of 2027. This home has an added bonus, as it formerly had another 2 bedrooms and a bathroom upstairs prior to being closed off. This home has plenty of space and is the perfect investment home to add to your portfolio. Due to the tenant and current lease, this home will not qualify for any government loan types.

Last Agent to Sell the Property

Tyler Simmons

KLEIN RLTY&AUCTION, INC. Brokerage Phone: 812-890-1827 Listed on: 04/29/2024

Last Buyer's Agent

Tyler Simmons

KLEIN RLTY&AUCTION, INC. Brokerage Phone: 812-890-1827 Listed on: 04/29/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $811

Year Built

  • Built in 1880

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Property is zoned C2

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Dining Room with Fireplace
  • Formal Dining Room
  • Partially Finished Basement
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Tecumseh-Harrison Elementary School
  • Clark Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Judah & Mantles Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42-12-21-112-005.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$811

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1880
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: JUDAH MANTLE LOTS 12 & 13 PT LOT 11
  • Parcel Number ID: 42-12-21-112-005.000-022
  • Platted: Yes
  • Amenities: Countertops-Laminate, Dryer Hook Up Electric, Patio Open, Porch Covered, Range/Oven Hook Up Elec, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1829
  • Total Finished Sq Ft: 1463
  • Above Grade Finished Sq Ft: 1463
  • Below Grade Sq Ft: 366
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Number Of Fireplaces: 1
  • Fireplace: Dining Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 15x14, On Level: Main
  • Dining Room: Dimensions: 16x11, On Level: Main
  • Bedroom 1: Dimensions: 16x15, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 366

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 8x8

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Vincennes Water Utilities
  • Laundry: Dimensions: Mainx8, On Level: 10

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • Elementary School: Tecumseh-Harrison

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: Rectangle
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 811.48

MLS Schools

  • High School: Lincoln
  • Middle School: Clark
  • School District: Vincennes Community School Corp.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2025 07/17/25 Sold $35,000 -49.9% $24 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
03/21/2025 03/21/25 Price Changed $69,900 -6.7% $48 / Sq Ft
10/14/2024 10/14/24 Price Changed $74,900 -16.7% $51 / Sq Ft
04/29/2024 04/29/24 For Sale $89,900 -- $61 / 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 $889 $42,600 $4,500 $38,100
2023 $914 $43,600 $3,900 $39,700
2022 $801 $38,800 $3,900 $34,900
2021 $759 $36,700 $3,900 $32,800
2020 $723 $35,000 $3,900 $31,100
2019 $726 $34,400 $3,800 $30,600
2018 $732 $34,700 $3,700 $31,000
2017 $737 $34,900 $3,700 $31,200
2016 $764 $36,200 $3,700 $32,500
2014 $785 $38,200 $3,700 $34,500
2013 $742 $35,800 $600 $35,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202414605

Indiana Regional MLS

APN: 42-12-21-112-005.000-022