NOT LISTED FOR SALE

5611 Forest Ave Evansville, IN 47712

Estimated Value: $254,000 - $265,000

3 Beds
2 Baths
1,672 Sq Ft
$275/mo HOA Fee

Last Sold July 06, 2021

Last sale price $218,000 $130 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,864/month

31 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Backs to Open Ground
  • Waterfront
  • Lake, Pond or Stream
  • Cathedral Ceiling

About This Home

As of July 2021

Masterfully decorated and well-kept 3 Bedroom, 2 Bath, 2 Car garage Condo in the rolling hills of the West Side! Condo is an end-unit in a private setting with gorgeous views of the lake from your deck all while being minutes away from the conveniences of the West Side of Evansville. No need to climb any stairs as your semi-private elevator will take you to your 2-car tandem garage bay with custom work bench and additional storage. High end durable bamboo flooring is throughout most of the main floor. The 2nd Entry features ceramic tile floor and tall wainscoting and crown moldings with convenient coat hooks. The Kitchen includes Stainless steel appliances granite-look countertops and an Amish built bar top. The Kitchen opens to the vaulted Great Room with a stone fireplace with gas insert and custom Amish built in cabinets and additional storage. You access the covered porch deck from the Great Room which has spectacular views of the private lake, fountain, and surrounding serene setting. The Master Bedroom is on the main level and has a great view of the lake and includes a large walk-in closet, and has its own private Bath with step-in shower, double sinks, and generously sized linen closet. Laundry is conveniently located on the main level near the Master Bedroom and seller is including Washer and Dryer in the sale. The Second Bedroom and Full hall bath are also on the main level. Upstairs, there is a large Third Bedroom with walk-in closet, dormer, and 2 additional lighted storage areas. The Utility Room has a Hi-Efficiency Carrier Furnace (new in 2021) A/C was (new in 2019), Water Heater (new in 2019), and more walk-in attic storage! The $275/month condo fee includes: water, sewer, trash, all lawn and landscape maintenance, snow and leaf removal, all outside maintenance, insurance on the building and common areas and elevator maintenance. If you are looking for a carefree condo lifestyle in a beautiful setting, yet close to the conveniences the West Side has to offer. Look no further!

Last Agent to Sell the Property

Brandon Czoer

GOEBEL COMMERCIAL REALTY, INC Listed on: 05/07/2021

Last Buyer's Agent

Susie Burdsall

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 1999

Lot Details

  • Waterfront
  • Backs to Open Ground
  • Landscaped
  • Lot Has A Rolling Slope

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Attic

  • Storage In Attic
  • Walkup Attic

Home Security

Outdoor Features

  • Lake, Pond or Stream
  • Balcony
  • Covered Deck
  • Covered Patio or Porch

Schools

  • West Terrace Elementary School
  • Perry Heights Middle School
  • Francis Joseph Reitz High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 82-05-28-007-472.012-024

Community Details

Recreation

  • Waterfront Owned by Association

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,333

Year Built

Built in 1999

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1999
  • Age: 22
  • Style: One and Half Story
  • Total Number of Rooms: 4
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Arbor Valley Condo Unit 5611 Bldg E
  • Parcel Number ID: 82-05-28-007-472.012-024
  • Platted: Yes
  • Amenities: Attic Storage, Attic-Walk-up, Balcony, Breakfast Bar, Ceiling-9+, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Crown Molding, Deck Covered, Detector-Smoke, Dryer Hook Up Electric, Elevator, Foyer Entry, Garage Door Opener, Landscaped, Open Floor Plan, Porch Covered, Range/Oven Hook Up Elec, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry
  • Improvmnts In Last5 Yrs: Yes
  • Sp Lp Percent: 101.44
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1672
  • Total Finished Sq Ft: 1672
  • Above Grade Finished Sq Ft: 1672
  • Price Per Sq Ft: 130.38
  • Basement Foundation: Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 18x13, On Level: Main
  • Kitchen: Dimensions: 12x7, On Level: Main
  • Dining Room: Dimensions: 15x11, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Main
  • Bedroom 3: Dimensions: 16x14, On Level: Upper
  • Main Level Sq Ft: 1373
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Stone, Wood
  • Roof Material: Shingle
  • Outbuilding1: None
  • Water Features: Assoc

Garage/Parking

  • Garage Type: Tandem
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 42x18
  • Garage Sq Ft: 756
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Type: Pond

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 275
  • Association Fees Frequency: Monthly

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: West Terrace
  • Middle School: Perry Heights
  • High School: Francis Joseph Reitz
  • Elementary School: West Terrace

Lot Info

  • Lot Description: Rolling
  • Lot Dimensions: Common area

Tax Info

  • Annual Taxes: 3333

MLS Schools

  • High School: Francis Joseph Reitz
  • Middle School: Perry Heights
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jul 6, 2021
Sold by
Rynkiewich Michael A and Rynkiewich Teresa R
Bought by
Herrmann Gary C and Herrmann Wanda Dianne
Seller's Agent
Brandon Czoer
GOEBEL COMMERCIAL REALTY, INC
Buyer's Agent
Susie Burdsall
ERA FIRST ADVANTAGE REALTY, INC
List Price
$214,900
Sold Price
$218,000
Premium/Discount to List
$3,100
1.44%
Current Estimated Value
$260,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,532
Avg. Annual Appreciation
4.97%
Original Mortgage
$75,000
Outstanding Balance
$59,186
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$207,196

Purchase Details

Listed on
Jun 10, 2014
Closed on
Oct 10, 2014
Sold by
Osterman Mark E and Osterman Nora K
Bought by
Rynkiewich Michael A and Rynkiewich Teresa R
Seller's Agent
Jane Crowley
RE/MAX REVOLUTION
Buyer's Agent
Kristie Kirsch
SOLID GOLD REALTY, INC.
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
May 24, 2010
Sold by
Munro Linda J and Munro Howard E
Bought by
Osterman Mark E and Osterman Nora K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Herrmann Gary C -- None Available
Rynkiewich Michael A -- Clear Title
Osterman Mark E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrmann Gary C $75,000
Previous Owner Rynkiewich Michael A $123,750
Previous Owner Osterman Mark E $85,505
Previous Owner Osterman Mark E $25,000
Previous Owner Osterman Mark E $85,000
Previous Owner Munro Linda J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $218,000 +1.4% $130 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $214,900 +38.6% $129 / Sq Ft
10/10/2014 10/10/14 Sold $155,000 -3.1% $93 / Sq Ft
09/13/2014 09/13/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $159,900 -- $96 / 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 $2,043 $210,900 $12,000 $198,900
2023 $1,903 $203,900 $12,000 $191,900
2022 $2,175 $213,800 $12,000 $201,800
2021 $1,369 $145,600 $12,000 $133,600
2020 $3,333 $153,700 $12,000 $141,700
2019 $3,405 $157,700 $12,000 $145,700
2018 $3,403 $157,000 $12,000 $145,000
2017 $2,956 $136,400 $12,000 $124,400
2016 $2,909 $137,500 $12,000 $125,500
2014 $1,125 $137,500 $12,000 $125,500
2013 -- $140,200 $12,000 $128,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202116226

Indiana Regional MLS

APN: 82-05-28-007-472.012-024