NOT LISTED FOR SALE

5111 Stringtown Rd Evansville, IN 47711

Estimated Value: $166,866 - $209,000

2 Beds
2 Baths
1,232 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $152,000 $123 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,224/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • Forced Air Heating and Cooling System
  • Covered patio or porch
  • Luxury Vinyl Tile Flooring
  • Ceiling Fan

About This Home

As of December 2022

Low maintenance Duplex in desirable North side location. Fully leased for instant income! Has a large unfinished w/o basement and plenty of parking. Do not miss the opportunity to own this property, it will not last long!

Last Agent to Sell the Property

Bill Long

HELFRICH REALTY CO Listed on: 11/18/2022

Last Buyer's Agent

Charlie Butler

KELLER WILLIAMS CAPITAL REALTY

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1949

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 60 x 252
  • Sloped Lot

Home Design

  • Duplex
  • Contemporary Architecture
  • Shingle Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Partially Finished Basement
  • Block Basement Construction
  • Washer Hookup

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Parking Lot
  • Off-Street Parking

Schools

  • Stringtown Elementary School
  • Thompkins Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for lawn maintenance, tax, water
  • Other Tax Exemptions
  • Assessor Parcel Number 82-06-05-034-206.002-020

Community Details

Overview

  • 2 Units
  • Nunns Subdivision

Amenities

  • Community Storage Space

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $959
  • Water Sewer Expense $1,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1949
  • Age: 73
  • Style: One Story
  • Architectural Style: Contemporary
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Nunn Sub Rolling acres Lot 2 & PT Lot 6
  • Parcel Number ID: 82-06-05-034-206.002-020
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Storage, Cable Ready, Detector-Smoke, Porch Covered, Storm Doors, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 104.83
  • Monthly Gross Income: 1030
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1848
  • Total Finished Sq Ft: 1232
  • Above Grade Finished Sq Ft: 1232
  • Below Grade Sq Ft: 616
  • Price Per Sq Ft: 123.38
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 616
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Dimensional Shingles
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Lot, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Evansville Water & Sewer
  • Annual Insurance Expense: 959
  • Annual Water Sewer Expense: 1620
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 60 x 252
  • Estimated Lot Sq Ft: 15246
  • Estimated Lot Size Acres: 0.35

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Storm Doors

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Lawn Maintenance, Tax, Water
  • Tenant Pays: Cable, Electric, Heating

Tax Info

  • Exemptions: Tax Exempt
  • Annual Property Tax: 2500

Multi Family

  • Gross Monthly Rent: 1030
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Dec 21, 2022
Sold by
Rettle Patrick L
Bought by
Lometa Ventures Llc
Seller's Agent
Bill Long
HELFRICH REALTY CO
Buyer's Agent
Charlie Butler
KELLER WILLIAMS CAPITAL REALTY
List Price
$145,000
Sold Price
$152,000
Premium/Discount to List
$7,000
4.83%
Views
27
Current Estimated Value
$184,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,771
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Jun 8, 2018
Sold by
Schutz Lori A
Bought by
Rettle Patrick L
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
Lometa Ventures Llc $152,500 --
Rettle Patrick L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lometa Ventures Llc $100,000
Previous Owner Rettle Patrick L $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $152,000 +4.8% $123 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $145,000 -- $118 / 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 $2,547 $117,700 $11,000 $106,700
2023 $2,624 $120,800 $11,300 $109,500
2022 $2,645 $121,400 $11,300 $110,100
2021 $2,500 $112,800 $11,300 $101,500
2020 $2,445 $112,800 $11,300 $101,500
2019 $2,549 $118,300 $11,300 $107,000
2018 $2,559 $118,300 $11,300 $107,000
2017 $2,548 $117,100 $11,300 $105,800
2016 $2,541 $116,600 $11,300 $105,300
2014 $2,484 $113,900 $11,300 $102,600
2013 -- $112,300 $11,300 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202247319

Indiana Regional MLS

APN: 82-06-05-034-206.002-020