NOT LISTED FOR SALE

508 E Olmstead Ave Evansville, IN 47711

Diamond-Stringtown Neighborhood

Estimated Value: $83,000 - $154,000

3 Beds
1 Bath
1,400 Sq Ft
$88/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $49,900 $36 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $700/month

4 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Ceiling Fan
  • North High School Rated A-
  • Central Air
  • Level Lot

About This Home

As of May 2015

Investment opportunity! This home is listed at under $36.00 a square foot and is priced right, ready for new owners. This 1400 sq ft limestone ranch offers a large living room with hard wood floors, main level laundry, main level master, total of 3 bedrooms and 1 full bath featuring ceramic tile. Kitchen appliances are included. This home has a private driveway (which is owned by the Sellers and is not an easement) plus a very spacious back yard with storage shed. Home is in need of some repairs and is sold "as is where is".

Last Agent to Sell the Property

Rick Mileham

ERA FIRST ADVANTAGE REALTY, INC Listed on: 04/14/2015

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Yvonne Woodburn

Catanese Real Estate

Catanese Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $528

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 76x132
  • Level Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material
  • Limestone

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Laundry on main level

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Stone Driveway
  • Gravel Driveway

Location

  • Suburban Location

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 82-06-17-031-130.015-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$528

Year Built

Built in 1962

Lot Details

0.28 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1962
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: OLMSTEAD DIVISION PT LOT 12 PT NW 1/4 17-6-10
  • Parcel Number ID: 82-06-17-031-130.015-029
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Main Floor Laundry
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1400
  • Total Finished Sq Ft: 1400
  • Above Grade Finished Sq Ft: 1400
  • Basement Foundation: Crawl
  • Flooring: Hardwood Floors, Tile, Vinyl
  • Living Great Room: Dimensions: 16x21, On Level: Main
  • Kitchen: Dimensions: 10x12, On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 14x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum, Vinyl, Limestone
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 10x10

Garage/Parking

  • Driveway: Gravel, Stone

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 18xMain, On Level: 10

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 76X132

Tax Info

  • Annual Taxes: 527.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2021
Sold by
Elpers Donald E and Elpers Taina M
Bought by
Elpers Zachery A
Current Estimated Value
$122,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,283
Outstanding Balance
$98,025
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$24,628

Purchase Details

Listed on
Apr 14, 2015
Closed on
May 26, 2015
Sold by
Groves Richard
Bought by
Elpers Donald R and Elpers Taina M
Seller's Agent
Rick Mileham
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Yvonne Woodburn
Catanese Real Estate
List Price
$49,900
Sold Price
$49,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
Apr 30, 2014
Sold by
Groves Samuel R
Bought by
Groves Richard and Groves Rebecca L

Purchase Details

Closed on
Sep 10, 2010
Sold by
Fitzgerald Kathryn D
Bought by
Groves Samuel R and Groves Rebecca L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elpers Zachery A $111,300 Near North Title Group
Elpers Donald R $49,900 --
Groves Richard -- --
Groves Samuel R -- Lockyear Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elpers Zachery A $109,283
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2015 05/21/15 Sold $49,900 0.0% $36 / Sq Ft
04/18/2015 04/18/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $49,900 -- $36 / Sq Ft
Source: Indiana Regional 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
2025 $838 $92,000 $4,600 $87,400
2024 $838 $87,300 $3,500 $83,800
2023 $767 $84,300 $3,500 $80,800
2022 $583 $72,400 $3,500 $68,900
2021 $543 $66,000 $3,500 $62,500
2020 $529 $66,100 $3,500 $62,600
2019 $520 $66,100 $3,500 $62,600
2018 $509 $66,100 $3,500 $62,600
2017 $1,425 $65,300 $3,500 $61,800
2016 $482 $65,500 $3,500 $62,000
2014 $528 $60,100 $3,500 $56,600
2013 -- $58,900 $3,500 $55,400
Source: Public Records

Agents Affiliated with this Home

  • Rick Mileham

    Seller's Agent in 2015

    Rick Mileham

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 453-1068

    3 in this area

    378 Total Sales

    Rick Mileham
    Section Image
  • Yvonne Woodburn

    Buyer's Agent in 2015

    Yvonne Woodburn

    Catanese Real Estate

    (812) 204-1147

    5 in this area

    101 Total Sales

    Yvonne Woodburn
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201515340

Indiana Regional MLS

APN: 82-06-17-031-130.015-029

Indiana Vanderburgh County Evansville 47711 Diamond-Stringtown

508 E Olmstead Ave, Evansville, IN

Not Listed for Sale

Detached

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Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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