NOT LISTED FOR SALE

502 E Virginia St Evansville, IN 47711

Jacobsville Neighborhood

Estimated Value: $57,000 - $102,000

2 Beds
1 Bath
944 Sq Ft
$82/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $19,000 $20 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $473/month

22 Days on Market

About This Home

As of June 2018

Hello Cash Flow! Investor wanting to unload his rentals. Property at 502 e virginia street is rented and has a lease through September for $525/mo and tenant pays all utilities, has verbally told seller he wants to stay. Property does feature some updates, new pex plumbing this winter as well as some newer utilities. Tenant takes pride in the property, easy to show, but will need short notice as it is occupied.

Last Agent to Sell the Property

Drake Espenlaub

KELLER WILLIAMS CAPITAL REALTY Listed on: 05/03/2018

Last Buyer's Agent

Jenna Hancock-Wargel

Berkshire Hathaway HomeServices Indiana Realty

Berkshire Hathaway HomeServices Indiana Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $327

Year Built

  • Built in 1904

Lot Details

  • 3,180

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Additional Features

  • 3,180 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Insurance Expense $500
  • Maintenance Expense $225

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, trash collection, water
  • The owner pays for tax
  • Assessor Parcel Number 82-06-20-025-017.015-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$327

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1904
  • Age: 114
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: HEIDELBACH & ELSAS ENL LOT 19 BL 15 |
  • Parcel Number ID: 82-06-20-025-017.015-029
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 70.63
  • Annual Miscellaneous: 70
  • Monthly Gross Income: 525
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1888
  • Total Finished Sq Ft: 944
  • Above Grade Finished Sq Ft: 944
  • Above Grade Unfinished Sq Ft: 944
  • Price Per Sq Ft: 20.13
  • Basement Foundation: Crawl
  • Flooring: Finished
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: Public
  • Annual Insurance Expense: 500
  • Annual Maintenance Expense: 225
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Dimensions: 25 FF X 128 Dpth
  • Estimated Lot Sq Ft: 3180
  • Estimated Lot Size Acres: 0.073

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 525
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2025
Sold by
Edible Park Development Collecttive
Bought by
Jones Jacqueline
Current Estimated Value
$77,621

Purchase Details

Closed on
Jan 16, 2025
Sold by
Focus Initiatives Ltd
Bought by
Edible Park Development Collective

Purchase Details

Closed on
Jun 10, 2021
Sold by
Edilde Parks Development Collective
Bought by
Focus Initiatives Ltd

Purchase Details

Closed on
Jun 8, 2020
Sold by
Franklin Tracy
Bought by
Edible Parks Development Collective

Purchase Details

Closed on
Jun 25, 2019
Sold by
Keith Hynes Meghan and Keith Hynes Family Trust
Bought by
Franklin Tracy

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 25, 2018
Sold by
Ibrahim Mustafa
Bought by
Keith Hynes Family Trust
Seller's Agent
Drake Espenlaub
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Jenna Hancock-Wargel
Berkshire Hathaway HomeServices Indiana Realty
List Price
$26,900
Sold Price
$19,000
Premium/Discount to List
-$7,900
-29.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.16%

Purchase Details

Closed on
Apr 3, 2018
Sold by
A&A Home Buyers Llc
Bought by
Ibrahim Mustafa

Purchase Details

Closed on
Mar 23, 2011
Sold by
Bsm Investments Llc
Bought by
Ibrahim Mustafa
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
Jones Jacqueline $7,500 None Listed On Document
Edible Park Development Collective $7,500 None Listed On Document
Focus Initiatives Ltd $5,000 None Available
Edible Parks Development Collective $5,000 None Available
Franklin Tracy -- Dodson Law & Title Llc
Keith Hynes Family Trust -- Columbia Title Inc
Ibrahim Mustafa -- None Available
Ibrahim Mustafa -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2018 06/25/18 Sold $19,000 -29.4% $20 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $26,900 -- $28 / 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 $598 $27,700 $4,200 $23,500
2023 $223 $26,900 $4,200 $22,700
2022 $244 $27,000 $4,200 $22,800
2021 $231 $23,900 $4,200 $19,700
2020 $178 $19,000 $4,200 $14,800
2019 $176 $19,000 $4,200 $14,800
2018 $327 $15,100 $4,200 $10,900
2017 $972 $15,000 $4,200 $10,800
2016 $485 $14,900 $4,200 $10,700
2014 $319 $14,600 $4,200 $10,400
2013 -- $14,700 $4,200 $10,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Drake Espenlaub

    KELLER WILLIAMS CAPITAL REALTY

  • Jenna Hancock-Wargel

    Buyer's Agent in 2018

    Jenna Hancock-Wargel

    Berkshire Hathaway HomeServices Indiana Realty

    (812) 568-4774

    236 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 201817786

Indiana Regional MLS

APN: 82-06-20-025-017.015-029

Indiana Vanderburgh County Evansville 47711 Jacobsville

502 E Virginia St, Evansville, IN

This home is located at 502 E Virginia St, Evansville, IN 47711 since 03 May 2018 and is currently estimated at $77,621, approximately $82 per square foot. This property was built in 1904. 502 E Virginia St 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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