$78,000
SOLD JUL 9, 2015

516 Perry St Vincennes, IN 47591

4 Beds
4 Baths
3,032 Sq Ft
9,845 Sq Ft Lot

Recently Sold

$26 Per Sq Ft

8% Below List Price

26 Days on Market

Highlights

  • Colonial Architecture
  • Storm Windows
  • Garage
  • Wood Flooring
  • Baseboard Heating
  • Level Lot

About This Home

As of August 2018

This is a terrific opportunity. 4 units of income with 2 newly remodeled, plus new roof. You will be pleasantly surprised with the interior of this property. Considering buying an investment property then take a serious look here.

Last Agent to Sell the Property

Robin Montgomery

F.C. TUCKER EMGE

F.C. TUCKER EMGE

Last Buyer's Agent

Tyler Simmons

KLEIN RLTY&AUCTION, INC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1875

Lot Details

  • 9,845 Sq Ft Lot
  • Lot Dimensions are 64 x 139
  • Level Lot

Home Design

  • Quadruplex
  • Colonial Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,032 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction
  • Storm Windows

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Garage
  • Driveway
  • On-Street Parking

Location

  • Suburban Location

Schools

  • Riley Elementary School
  • Clark Middle School
  • Lincoln High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 42-12-21-401-050.000-022

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $500
  • Insurance Expense $1,025
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1875
  • Age: 140
  • Style: Two Story
  • Architectural Style: Colonial
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Old Town Pt Lot 226 |
  • Parcel Number ID: 42-12-21-401-050.000-022
  • Platted: Yes
  • Amenities: Storm Windows
  • Cross Street: 6th
  • Location: City/Town/Suburb
  • Road Surface: Asphalt
  • Sp Lp Percent: 91.87
  • Monthly Gross Income: 1800
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 3032
  • Total Finished Sq Ft: 3032
  • Above Grade Finished Sq Ft: 3032
  • Price Per Sq Ft: 25.73
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Wood
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Annual Fuel Expense: 500
  • Annual Insurance Expense: 1025
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 4
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

  • School District: Vincennes Community School Corp.
  • Elementary School: Riley
  • Middle School: Clark
  • High School: Lincoln
  • Elementary School: Riley

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 64 x 139
  • Estimated Lot Sq Ft: 9845
  • Estimated Lot Size Acres: 0.226
  • Lot Number: 226

Rental Info

  • Lease Term: 1 Year, Renewal Options
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 1800
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1958.9

MLS Schools

  • High School: Lincoln
  • Middle School: Clark
  • School District: Vincennes Community School Corp.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2018 08/13/18 Sold $85,000 -10.4% $28 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
08/20/2017 08/20/17 For Sale $94,900 +21.7% $31 / Sq Ft
07/09/2015 07/09/15 Sold $78,000 -8.1% $26 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $84,900 -- $28 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 201526773

Indiana Regional MLS

APN: 42-12-21-401-050.000-022