NOT LISTED FOR SALE

523 N 3rd St Vincennes, IN 47591

4 Beds
4 Baths
3,600 Sq Ft
6,098 Sq Ft Lot

Last Sold March 16, 2018

Last sale price $75,000 $21 Per Sq Ft

106 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • 3-minute walk to Vincennes Parks & Recreation

About This Home

As of March 2018

Investment opportunity! Four units-3 currently rented with 4th unit needing some TLC. Heat is hot water baseboard with pump replaced in 2017. Units 1 and 2 have new entry doors and uninstalled doors for units 3 and 4 are included with sale. All units have new windows. Owner pays gas (12 mo. avg. $137.48) and water, along with electric for heat source (12 mo. avg. $10.) & tenant pays electric.

Last Agent to Sell the Property

KIMBERLY WILSON

ARNOLD REAL ESTATE N Listed on: 11/07/2017

Last Buyer's Agent

Lori Cardinal

RE/MAX Mainstream

RE/MAX Mainstream

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 1875

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, heating, lawn maintenance, sewer, water
  • Assessor Parcel Number 42-12-21-113-071.000-022

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,759

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1875
  • Age: 143
  • 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 138
  • Parcel Number ID: 42-12-21-113-071.000-022
  • Platted: Yes
  • Amenities: Fireplace, Off Street Parking, Cable Available, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Porch Open, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 98.04
  • Monthly Gross Income: 2200
  • Special Features: None

Interior Features

  • Total Sq Ft: 4950
  • Total Finished Sq Ft: 3600
  • Above Grade Finished Sq Ft: 3600
  • Below Grade Sq Ft: 1350
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Carpet, Wood, Tile
  • Total Below Grade Sq Ft: 1350
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Roof Material: Flat, Rubber
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Off Street, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Water Company: Vincennes Water Utilities
  • Cable Company: Avenue, Cinergy MetroNet, DirectTV, Dish Network
  • Annual Insurance Expense: 1350
  • Number Electric Meters: 4
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Vincennes Community School Corp.
  • Elementary School: Tecumseh-Harrison
  • Middle School: Clark
  • High School: Lincoln

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Fuel, Heating, Lawn Maintenance, Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 2200
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1759.08

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
03/16/2018 03/16/18 Sold $75,000 -2.0% $21 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
11/07/2017 11/07/17 For Sale $76,500 +13.3% $21 / Sq Ft
02/15/2012 02/15/12 Sold $67,500 -14.6% $14 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
10/12/2011 10/12/11 For Sale $79,000 -- $16 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201751041

Indiana Regional MLS