NOT LISTED FOR SALE

533 W Washington Ave Chandler, IN 47610

Estimated Value: $144,000 - $252,000

7 Beds
3 Baths
4,364 Sq Ft
$48/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $127,500 $29 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,127/month

11 Days on Market

Highlights

  • 0.67 Acre Lot
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Chandler Elementary School Rated 9+
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

Large triplex in Chandler, each unit with its own entry, on a 0.67-acre lot, with a basement, an attached 2-car garage, detached 2-car garage, and an abundance of off-street parking. Unit A is a main-level 2-bedroom 1-bath apartment renting for $615 per month that is currently vacant. Unit A also has direct access to the basement and the attached 2-car garage. Unit B is a main-level 2-bedroom 1-bath unit renting for $660 per month and is currently occupied. Unit C is an upper-level 3-bedroom 1-bath unit renting for $730 per month and is currently occupied. Owner currently pays water, sewer, and trash pick-up. Tenant pays electric, gas, cable, phone, and internet. Property is being sold as-is.

Last Agent to Sell the Property

Gene Lechner

@properties Listed on: 08/26/2019

@properties

Last Buyer's Agent

Anita Corne

F.C. TUCKER EMGE

F.C. TUCKER EMGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 1979

Lot Details

  • 0.67 Acre Lot
  • Level Lot

Home Design

  • Triplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 4,364 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen
  • Washer Hookup
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Chandler Elementary School
  • Castle North Middle School
  • Castle High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric, fuel
  • The owner pays for sewer, water
  • Assessor Parcel Number 87-08-36-304-010.000-020

Community Details

Overview

  • 3 Units
  • Steinmetz Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $250
  • Water Sewer Expense $1,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,356

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1979
  • Age: 40
  • Style: Two Story
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 7 Steinmetz Add.
  • Parcel Number ID: 87-08-36-304-010.000-020
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Eat-In Kitchen, Patio Open, Porch Covered, Washer Hook-Up
  • Sp Lp Percent: 94.51
  • Annual Miscellaneous: 1700
  • Monthly Gross Income: 2006
  • County Zoning: Other
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 4364
  • Total Finished Sq Ft: 4364
  • Above Grade Finished Sq Ft: 4364
  • Price Per Sq Ft: 29.22
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 10

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 250
  • Annual Water Sewer Expense: 1300
  • Number Of W D Hookups: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Warrick County School Corp.
  • Elementary School: Chandler
  • Middle School: Castle North
  • High School: Castle
  • Elementary School: Chandler

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 0.67 Acres
  • Estimated Lot Sq Ft: 29185
  • Estimated Lot Size Acres: 0.67

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable, Electric, Fuel

Multi Family

  • Gross Monthly Rent: 2006
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2356.24

MLS Schools

  • High School: Castle
  • Middle School: Castle North
  • School District: Warrick County School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Akin Adam Karl
Bought by
533 W Washington Llc
Current Estimated Value
$210,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,813
Outstanding Balance
$122,413
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$88,254

Purchase Details

Closed on
Feb 1, 2022
Sold by
Hartland Homes Ky Llc
Bought by
Akin Adam Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,813
Outstanding Balance
$122,413
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$88,254

Purchase Details

Listed on
Aug 26, 2019
Closed on
Oct 17, 2019
Sold by
Ps Evansville Housing Llc
Bought by
Hartland Homes Ky Llc
Seller's Agent
Gene Lechner
@properties
Buyer's Agent
Anita Corne
F.C. TUCKER EMGE
List Price
$134,900
Sold Price
$127,500
Premium/Discount to List
-$7,400
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$106,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 18, 2012
Sold by
United Fidelity Bankfsb
Bought by
Ta Evansville Residential Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,800
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 13, 2007
Sold by
Jones Group Enterprises 2 Lc
Bought by
Dannheiser Leesa

Purchase Details

Closed on
Jun 20, 2006
Sold by
Us Bank Na
Bought by
Graybill John and Dannheiser Leesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.72%
Mortgage Type
Future Advance Clause Open End Mortgage
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
533 W Washington Llc -- None Listed On Document
Akin Adam Karl $175,750 Southwestern Indiana Land Titl
Akin Adam Karl -- None Listed On Document
Hartland Homes Ky Llc -- None Available
Ta Evansville Residential Ii Llc -- Lockyear Title Llc
Dannheiser Leesa -- None Available
Graybill John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akin Adam Karl $131,813
Previous Owner Hartland Homes Ky Llc $106,000
Previous Owner Ta Evansville Residential Ii Llc $264,800
Previous Owner Graybill John $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $127,500 -5.5% $29 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $134,900 -- $31 / 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 $62 $3,100 $3,100 $0
2023 $63 $3,100 $3,100 $0
2022 $147 $7,200 $7,200 $0
2021 $169 $7,200 $7,200 $0
2020 $174 $7,200 $7,200 $0
2019 $171 $7,200 $7,200 $0
2018 $167 $7,200 $7,200 $0
2017 $167 $7,200 $7,200 $0
2016 $164 $7,200 $7,200 $0
2014 $161 $7,400 $7,400 $0
2013 $153 $7,500 $7,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201937271

Indiana Regional MLS

APN: 87-08-36-304-010.000-020