$51,666
SOLD MAY 16, 2025

501 S New York Ave Evansville, IN 47714

Ballard Neighborhood
4 Beds
2 Baths
2,034 Sq Ft
9,150 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

3% Below List Price

27 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Level Lot
  • North High School Rated A-

About This Home

As of May 2025

This is your opportunity to purchase an investment portfolio of 12 Evansville single family homes that are all currently rented. This property is 1 of 12 properties included in this sale - all must be purchased together at a total price of $637,500. All are currently rented. Do not disturb tenants. The total package includes 1015 S Linwood Ave, 1116 S Linwood Ave, 116 S Grand Ave, 1506 Judson St, 440 S Denby Ave, 501 S New York Ave, 655 E Riverside Dr, 729 Bayard Park Dr, 737 E Powell Ave, 745 E Blackford Ave, 728 E Riverside Ave, and 2608 N Elsas Ave.

Last Agent to Sell the Property

Trae Dauby

Dauby Real Estate Brokerage Phone: 812-777-4611 Listed on: 01/17/2025

Last Buyer's Agent

Limor Abudi

BAKER AUCTION & REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 1910

Lot Details

  • 9,150 Sq Ft Lot
  • Lot Dimensions are 50x183
  • Level Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,034 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Glenwood Elementary And Middle School
  • North High School

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, maintenance
  • Assessor Parcel Number 82-06-28-011-012.001-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$924

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1910
  • Age: 115
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: AUBURN L 1 BL 7
  • Parcel Number ID: 82-06-28-011-012.001-027
  • Platted: Yes
  • Amenities: Porch Covered
  • Sp Lp Percent: 97.25
  • Monthly Gross Income: 785
  • Year Taxes Payable: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2034
  • Total Finished Sq Ft: 2034
  • Above Grade Finished Sq Ft: 2034
  • Price Per Sq Ft: 25.4
  • Basement Foundation: Crawl
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Number Of W D Hookups: 1

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Glenwood
  • Middle School: Glenwood
  • High School: North
  • Elementary School: Glenwood

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 50X183
  • Estimated Lot Sq Ft: 9150
  • Estimated Lot Size Acres: 0.21

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance
  • Tenant Pays: Cooling, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 785
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 924

MLS Schools

  • High School: North
  • Middle School: Glenwood
  • School District: Evansville-Vanderburgh School Corp.

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

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,100,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $51,666 -2.7% $25 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $53,125 0.0% $26 / Sq Ft
02/12/2025 02/12/25 Price Changed $53,125 +8.7% $26 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $48,863 +53.3% $24 / Sq Ft
08/24/2018 08/24/18 Sold $31,879 -29.0% $16 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $44,900 -- $22 / 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 $2,057 $43,800 $9,700 $34,100
2023 $923 $42,500 $9,700 $32,800
2022 $930 $42,600 $9,700 $32,900
2021 $889 $40,000 $9,700 $30,300
2020 $869 $40,000 $9,700 $30,300
2019 $864 $40,000 $9,700 $30,300
2018 $867 $40,000 $9,700 $30,300
2017 $866 $39,700 $9,700 $30,000
2016 $869 $39,800 $9,700 $30,100
2014 $861 $39,400 $9,700 $29,700
2013 -- $39,700 $9,700 $30,000
Source: Public Records

Agents Affiliated with this Home

  • Trae Dauby

    Seller's Agent in 2025

    Trae Dauby

    Dauby Real Estate

    (812) 213-4859

    4 in this area

    1,520 Total Sales

    Section Image

  • L

    Buyer's Agent in 2025

    Limor Abudi

    BAKER AUCTION & REALTY

    (812) 491-6247

    3 in this area

    25 Total Sales

    Section Image
  • Rebecca Demastus

    Seller's Agent in 2018

    Rebecca Demastus

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 457-9345

    4 in this area

    349 Total Sales

    Section Image
  • Casey Spivey

    Buyer's Agent in 2018

    Casey Spivey

    KELLER WILLIAMS CAPITAL REALTY

    (812) 431-2654

    10 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202501623

Indiana Regional MLS

APN: 82-06-28-011-012.001-027

Indiana Vanderburgh County Evansville 47714 Ballard

501 S New York Ave, Evansville, IN

This home is located at 501 S New York Ave, Evansville, IN 47714 and is currently priced at $51,666, approximately $25 per square foot. This property was built in 1910. 501 S New York Ave is a home located in Vanderburgh County with nearby schools including Evans School, North Junior High School, and North High School.

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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