NOT LISTED FOR SALE

508 E Michigan St Evansville, IN 47711

Jacobsville Neighborhood

Estimated Value: $64,000 - $132,000

2 Beds
1 Bath
1,256 Sq Ft
$67/Sq Ft Est. Value

Last Sold October 12, 2016

Last sale price $8,000 $6 Per Sq Ft

Est. 938% increase in value since last sale

Current estimated payment $539/month

44 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Wood Burning Fireplace

About This Home

As of October 2016

Great investment opportunity. This 2 bedroom home with a potential third bedroom upstairs would make a great cashflowing rental property. Don't miss out on this great opportunity

Last Agent to Sell the Property

Craig Elliott

Weichert Realtors-The Schulz Group Listed on: 08/17/2016

Weichert Realtors-The Schulz Group

Last Buyer's Agent

David Goldenberg

ERA FIRST ADVANTAGE REALTY, INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35 x 137
  • Level Lot

Interior Spaces

  • 1,256 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 82-06-20-025-032.013-029

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1899
  • Age: 117
  • Style: One and Half Story
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: H & E ENL 10 FT LOT 15 LOT 16 BL 28
  • Parcel Number ID: 82-06-20-025-032.013-029
  • Platted: Yes
  • Sp Lp Percent: 80.81
  • Special Features: None

Interior Features

  • Total Sq Ft: 1256
  • Total Finished Sq Ft: 1256
  • Above Grade Finished Sq Ft: 1256
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning
  • Living Great Room: Dimensions: 10x10, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Dining Room: Dimensions: 10x10, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 35 x 137
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2022
Sold by
Garcia Edith M
Bought by
Aguilar Lilian Guadalupe He
Current Estimated Value
$83,056

Purchase Details

Closed on
Aug 16, 2021
Sold by
Beason Jeanile
Bought by
Garrera Edith M

Purchase Details

Listed on
Aug 17, 2016
Closed on
Oct 10, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Beason Jeannne
Seller's Agent
Craig Elliott
Weichert Realtors-The Schulz Group
Buyer's Agent
David Goldenberg
ERA FIRST ADVANTAGE REALTY, INC
List Price
$14,900
Sold Price
$8,000
Premium/Discount to List
-$6,900
-46.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.10%

Purchase Details

Closed on
Jun 30, 2016
Sold by
Vanderburgh County Sheriff
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Aguilar Lilian Guadalupe He $50,000 --
Garrera Edith M $17,000 None Available
Beason Jeannne -- --
Federal Home Loan Mortgage Corporation $15,204 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elderbrook Paul $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2016 10/12/16 Sold $8,000 -46.3% $6 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $14,900 -- $12 / 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 $1,003 $46,500 $6,100 $40,400
2023 $919 $45,200 $6,100 $39,100
2022 $989 $45,300 $6,100 $39,200
2021 $248 $42,200 $6,100 $36,100
2020 $248 $42,200 $6,100 $36,100
2019 $0 $42,200 $6,100 $36,100
2018 $0 $42,200 $6,100 $36,100
2017 $0 $41,900 $6,100 $35,800
2016 $358 $41,900 $6,100 $35,800
2014 $252 $41,200 $6,100 $35,100
2013 -- $41,500 $6,100 $35,400
Source: Public Records

Agents Affiliated with this Home

  • Craig Elliott

    Seller's Agent in 2016

    Craig Elliott

    Weichert Realtors-The Schulz Group

    (812) 480-1353

    4 in this area

    113 Total Sales

    Section Image

  • D

    Buyer's Agent in 2016

    David Goldenberg

    ERA FIRST ADVANTAGE REALTY, INC

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Map

Source: Indiana Regional MLS

MLS Number: 201638530

Indiana Regional MLS

APN: 82-06-20-025-032.013-029

Indiana Vanderburgh County Evansville 47711 Jacobsville

508 E Michigan St, Evansville, IN

This home is located at 508 E Michigan St, Evansville, IN 47711 since 17 August 2016 and is currently estimated at $83,663, approximately $66 per square foot. This property was built in 1899. 508 E Michigan 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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