NOT LISTED FOR SALE

525 S Kentucky Ave Evansville, IN 47714

Ballard Neighborhood

Estimated Value: $57,000 - $161,000

3 Beds
1 Bath
2,328 Sq Ft
$47/Sq Ft Est. Value

Last Sold August 31, 2018

Current estimated payment $705/month

181 Days on Market

Highlights

  • Covered Patio or Porch
  • Shed
  • Level Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of August 2018

Attention Investors! Recently remodeled 3 Bedroom, 1 Bathroom single family home with central heat and air and a detached garage currently rented for $700.00/month(Sec 8). Home to be sold in a package of 17 single family homes, two multi-family duplexes, and 4 vacant adjoining lots for off street parking for $950,000.00. All properties are currently rented. Properties include: 212 Leslie Ave, 1411 W Maryland St A & B, 1328 W Columbia St, 1324 W Columbia St A & B, 1322 W Columbia St, 407 E Delaware St, 620 E Delaware St, 624 E Delaware St, 611 E Virginia St, 1211 S Linwood Ave, 801 Monroe Ave, 1204 E Iowa St, 1205 E Iowa St, 16 E Missouri St, 525 S Kentucky Ave, 866 E Cherry St, 606 E Riverside Dr, 113 W Oregon St, and 1930 E Blackford Ave. Lots include: 1326 W Columbia St, 1320 W Columbia St, 1318 W Columbia, 1207 S Linwood Ave. There is no sign in the yard. Please do not disturb the tenants. Thank you!

Last Agent to Sell the Property

James Melchiors

ERA FIRST ADVANTAGE REALTY, INC Listed on: 02/09/2018

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Delmar Wagler

Integrity Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,141

Year Built

  • Built in 1927

Lot Details

  • 8,250 Sq Ft Lot
  • Lot Dimensions are 50' x 165'
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Caze Elementary School
  • Mcgary Middle School
  • William Henry Harrison High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Pet Restriction

Listing and Financial Details

  • Tenant pays for cable, electric, lawn maintenance, sewer, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 82-06-29-024-047.015-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,141

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1927
  • Age: 91
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: HUSTON PLACE LOT 14 24 FT LOT 15 BL 1 |
  • Parcel Number ID: 82-06-29-024-047.015-029
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Porch Covered
  • Monthly Gross Income: 700
  • Year Taxes Payable: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3492
  • Total Finished Sq Ft: 2328
  • Above Grade Finished Sq Ft: 2328
  • Below Grade Sq Ft: 1164
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 1164
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum, Brick
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 60

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Caze
  • Middle School: McGary
  • High School: William Henry Harrison
  • Elementary School: Caze

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50' x 165'
  • Estimated Lot Sq Ft: 8250
  • Estimated Lot Size Acres: 0.1894

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Electric, Lawn Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 700
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of 3 Bedrooms: 3
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1141.44

MLS Schools

  • High School: William Henry Harrison
  • Middle School: McGary
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Brittany Apartments Llc
Bought by
Tip Top Homes Llc
Total Days on Market
181
Current Estimated Value
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$581,530
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
-$487,863

Purchase Details

Listed on
Jul 22, 2015
Closed on
May 31, 2017
Sold by
Chisler Lawrence George and Chisler Mary Michelle
Bought by
Bassemier S Investments Inc
Seller's Agent
Kathy Jackson
RE/MAX Mainstream
Buyer's Agent
Tony Lasher
FIRST CLASS REALTY
List Price
$68,000
Sold Price
$15,000
Premium/Discount to List
-$53,000
-77.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.03%
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
Tip Top Homes Llc $42,240 Near North Title
Bassemier S Investments Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tip Top Homes Llc $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold -- -- --
02/09/2018 02/09/18 For Sale $69,900 +366.0% $30 / Sq Ft
05/31/2017 05/31/17 Sold $15,000 -77.9% $6 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
07/22/2015 07/22/15 For Sale $68,000 -- $29 / 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 $1,254 $58,100 $8,200 $49,900
2023 $1,229 $56,300 $8,200 $48,100
2022 $1,242 $56,600 $8,200 $48,400
2021 $736 $32,800 $8,200 $24,600
2020 $719 $32,800 $8,200 $24,600
2019 $718 $32,900 $8,200 $24,700
2018 $721 $52,800 $8,200 $44,600
2017 $1,332 $52,100 $8,200 $43,900
2016 $1,163 $51,900 $8,200 $43,700
2014 $18 $50,100 $8,200 $41,900
2013 -- $50,600 $8,200 $42,400
Source: Public Records

Agents Affiliated with this Home

  • James Melchiors

    Seller's Agent in 2018

    James Melchiors

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 858-2400

    47 Total Sales

    Section Image
  • Delmar Wagler

    Buyer's Agent in 2018

    Delmar Wagler

    Integrity Realty Group LLC

    (812) 787-2683

    330 Total Sales

    Section Image

  • K

    Seller's Agent in 2017

    Kathy Jackson

    RE/MAX

    Section Image

  • T

    Buyer's Agent in 2017

    Tony Lasher

    FIRST CLASS REALTY

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201804940

Indiana Regional MLS

APN: 82-06-29-024-047.015-029

Indiana Vanderburgh County Evansville 47713 Ballard

525 S Kentucky Ave, Evansville, IN

This home is located at 525 S Kentucky Ave, Evansville, IN 47714 since 09 February 2018 and is currently estimated at $110,000, approximately $47 per square foot. This property was built in 1927. 525 S Kentucky Ave is a home located in Vanderburgh County with nearby schools including Caze Elementary School, McGary Middle School, and William Henry Harrison High School.

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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