NOT LISTED FOR SALE

502 Broad St Evansville, IL 62242

Estimated Value: $93,000 - $118,066

3 Beds
1 Bath
2,000 Sq Ft
$53/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $41,000 $20 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $712/month

47 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Senior Freeze Tax Exemptions
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of March 2020

NICE BRICK HOME ON CORNER LOT WITH 3 BEDROOMS, DINING ROOM, LARGE DETACHED GARAGE, PARTIALLY FENCED. BASEMENT WITH LOTS OF SPACE, SECOND KITCHEN. CLOSE TO TRANSPORTATION, SHOPPING.

Property was built prior to 1978 and lead based paint may potentially exist
Sellers name is Secretary of Veterans Affairs. Seller does not pay customary closing costs; including Title fees,Title Policy, Survey fees, Escrow fees or Transfer fees. Proof of funds required on cash offers; Lender pre-approval required on financed offers (dated within the last 30 days).Prior to seller receipt and approval of the full title package from foreclosure; Seller to provide Non-warranty Deed only.
‘This property may qualify for Seller Financing (Vendee).’
Buyer to verify all MLS information including but not limited to sq. ft, taxes, flooring, room size, room count, schools, etc….

Last Agent to Sell the Property

Christine Hayes

Southern Realty LLC Collinsville License #471001733 Listed on: 11/19/2019

Last Buyer's Agent

Christine Hayes

Southern Realty LLC Collinsville License #471001733 Listed on: 11/19/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x120x80x120

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow

Interior Spaces

  • 1-Story Property
  • Basement Ceilings are 8 Feet High

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Sparta Dist 140 Elementary And Middle School
  • Sparta High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Senior Freeze Tax Exemptions
  • Assessor Parcel Number 14-057-014-00

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Bungalow / Cottage
  • Special Description: Senior Freeze
  • Age: 83
  • Ownership: Government
  • Year Built: 1937
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: 8 ft + pour
  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 1
  • Total Living Area: 2000.00
  • Bathrooms: 1.00
  • Bedrooms: 3.00
  • Room Cnt: 7
  • Square Footage: 1000
  • Square Footage Below Grade: 1000
  • Total Full Baths: 1

Garage/Parking

  • Garage Spaces: 2
  • Parking: Detached

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: SPARTA DIST 140
  • Junior High School: SPARTA DIST 140
  • School District: SPARTA DIST 140
  • Senior High School: Sparta

Lot Info

  • Lot Dimensions: 80X120X80X120
  • Lot Sq Ft: 9583
  • Acres: 0.2200

Tax Info

  • Taxes Paid: 325
  • Taxes Paid Year: 2017
  • Assessor Parcel Number: 14-057-014-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Mar 11, 2020
Sold by
Va
Bought by
Patterson Michael
Seller's Agent
Christine Hayes
Southern Realty LLC Collinsville
Buyer's Agent
Christine Hayes
Southern Realty LLC Collinsville
List Price
$46,350
Sold Price
$41,000
Premium/Discount to List
-$5,350
-11.54%
Current Estimated Value
$105,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,767
Avg. Annual Appreciation
17.30%

Purchase Details

Listed on
Nov 19, 2019
Closed on
Feb 24, 2020
Sold by
United Community Bank
Bought by
Va
Seller's Agent
Christine Hayes
Southern Realty LLC Collinsville
Buyer's Agent
Christine Hayes
Southern Realty LLC Collinsville
List Price
$46,350
Sold Price
$41,000
Premium/Discount to List
-$5,350
-11.54%

Purchase Details

Closed on
Dec 3, 2019
Sold by
United Communiy Bank
Bought by
Va

Purchase Details

Closed on
Nov 12, 2019
Sold by
Randolph County Sheriff
Bought by
United Community Bank

Purchase Details

Listed on
Apr 5, 2017
Closed on
Jun 19, 2017
Sold by
Madden Fred J
Bought by
Mayernich John W
Seller's Agent
Stacey LaCroix
Strano & Associates
Buyer's Agent
Stacey LaCroix
Strano & Associates
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.55%
Original Mortgage
$86,827
Interest Rate
3.75%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Patterson Michael $41,000 Accent Title
Va -- None Available
Va -- None Available
United Community Bank -- None Available
Mayernich John W $85,000 Accent Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayernich John W $86,827
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2020 03/13/20 Sold $41,000 -0.8% $21 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
12/27/2019 12/27/19 Price Changed $41,350 -10.8% $21 / Sq Ft
11/19/2019 11/19/19 For Sale $46,350 -45.5% $23 / Sq Ft
06/19/2017 06/19/17 Sold $85,000 -5.6% $39 / Sq Ft View Prior Sale
05/05/2017 05/05/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $90,000 -- $41 / Sq Ft
Source: MARIS MLS

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 $1,961 $30,070 $3,140 $26,930
2022 $2,253 $30,845 $3,395 $27,450
2021 $2,453 $30,105 $3,315 $26,790
2020 $2,296 $30,828 $3,392 $27,436
2019 $2,262 $27,590 $3,035 $24,555
2018 $1,806 $30,418 $3,346 $27,072
2017 $325 $27,315 $3,005 $24,310
2016 $365 $26,965 $2,965 $24,000
2015 $1,193 $26,435 $2,905 $23,530
2014 $1,193 $26,435 $2,905 $23,530
2013 $417 $26,435 $2,905 $23,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS19085160

MARIS MLS

APN: 14-057-014-00

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