NOT LISTED FOR SALE

5615 Forest Ave Evansville, IN 47712

Estimated Value: $222,000 - $269,520

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

Last Sold July 15, 2021

Last sale price $215,000 $129 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,717/month

17 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Vaulted Ceiling
  • Perry Heights Middle School Rated 9+
  • Lake, Pond or Stream
  • Wood Flooring

About This Home

As of July 2021

Beautiful Westside condo with a great view, from your balcony. 3 bedrooms, 2 full baths. Just a few minutes away from shopping, restaurants, USI and medical facilities. Updated condo has a beautiful wood vaulted ceiling, in the oversized great room. Floor to ceiling electric fireplace (you can hook it up to gas, if you want) w/beautiful mantle. Kitchen w/cherry cabinets and refrigerator, range, micro and dishwasher. Dining area is just off the kitchen. Home has beautiful hardwood floors, carpeting and lots of storage throughout. The tandem garage is two car with lots of storage. You'll have access to an interior elevator, by your garage, which will take you directly inside your home. There is also a staircase, from the garage, to the outside of your unit. Unit has high efficiency heat/air system, w/iPad like wall thermostat HOA fees cover water, sewer, trash pick-up, ground maintenance, snow removal, quarterly pest control treatment and elevator maintenance . What the seller loves about this home is the convenient location and the serene Gatlinburg feeling.

Last Agent to Sell the Property

Wade Batten

DON LEE REALTY Listed on: 04/26/2021

Last Buyer's Agent

Rick Whittington

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,478

Year Built

  • Built in 1999

Lot Details

  • Waterfront
  • Landscaped

HOA Fees

  • $275 Monthly HOA Fees

Parking

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

Home Design

  • Composite Building Materials
  • Cedar

Interior Spaces

  • 1,672 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Lake, Pond or Stream
  • Balcony

Location

  • Suburban Location

Schools

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

Utilities

  • Central Air
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 82-05-28-007-472.014-024

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,478

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
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Arbor Valley Condo Unit 5615 Bldg E
  • Parcel Number ID: 82-05-28-007-472.014-024
  • Platted: Yes
  • Amenities: Balcony, Cable Ready, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Landscaped, Natural Woodwork, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb, Near College Campus
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1672
  • Total Finished Sq Ft: 1672
  • Above Grade Finished Sq Ft: 1672
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Electric
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet
  • 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
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Cedar
  • Roof Material: Composite
  • Outbuilding1: None

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Tandem
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 42x16
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Conventional
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Water Company: Evansville Water & Sewer
  • Cable Company: Spectrum
  • Water Type: Pond

Condo/Co-op/Association

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

Schools

  • Elementary School: West Terrace

Green Features

  • Energy Efficient: Appliances, HVAC, Thermostat/Controllers, Water Heater, Windows

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 00x00

Tax Info

  • Annual Taxes: 1478
  • Exemptions: Homestead, Mortgage

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
Apr 26, 2021
Closed on
Jul 15, 2021
Sold by
Buchta Diane M
Bought by
Schultz Mark B and Schultz Shannon L
Seller's Agent
Wade Batten
DON LEE REALTY
Buyer's Agent
Rick Whittington
eXp Realty, LLC
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%
Current Estimated Value
$242,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,630
Avg. Annual Appreciation
2.86%
Original Mortgage
$150,000
Outstanding Balance
$136,102
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$106,528

Purchase Details

Closed on
Aug 6, 2018
Sold by
Kramer Richard A and Kramer Janet L
Bought by
Buchta Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,900
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2017
Closed on
Apr 17, 2017
Sold by
Altstadt David P and Altstadt Cynthia G
Bought by
Kramer Richard A and Kramer Janet L
Seller's Agent
Bill Long
HELFRICH REALTY CO
Buyer's Agent
Teresa Spivey
F.C. TUCKER EMGE
List Price
$179,900
Sold Price
$167,500
Premium/Discount to List
-$12,400
-6.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$134,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2012
Closed on
Apr 8, 2013
Sold by
Bohls Shannon L and English Byrum Shannon L
Bought by
Altstadt David P and Altstadt Cynthia G
Seller's Agent
Paula Haller
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
George Helfrich
HELFRICH REALTY CO
List Price
$154,900
Sold Price
$154,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.96%

Purchase Details

Closed on
Feb 26, 2009
Sold by
Allen Tracey
Bought by
English Byrum Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2006
Sold by
Mcdonald Frank F
Bought by
Allen Tracey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.49%
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
Schultz Mark B -- Columbia Title Inc
Buchta Diane M -- None Available
Kramer Richard A -- None Available
Altstadt David P -- None Available
English Byrum Shannon L -- None Available
Allen Tracey J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Mark B $150,000
Previous Owner Buchta Diane M $139,900
Previous Owner Kramer Richard A $134,000
Previous Owner English Byrum Shannon L $40,000
Previous Owner Allen Tracey J $166,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2021 07/15/21 Sold $215,000 -2.2% $129 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $219,900 +31.3% $132 / Sq Ft
04/17/2017 04/17/17 Sold $167,500 -6.9% $102 / Sq Ft View Prior Sale
03/15/2017 03/15/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $179,900 +16.1% $109 / Sq Ft
04/08/2013 04/08/13 Sold $154,900 0.0% $93 / Sq Ft View Prior Sale
03/15/2013 03/15/13 Pending -- -- --
09/26/2012 09/26/12 For Sale $154,900 -- $93 / 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 $2,059 $212,100 $12,000 $200,100
2023 $1,917 $205,000 $12,000 $193,000
2022 $2,191 $215,000 $12,000 $203,000
2021 $1,425 $144,900 $12,000 $132,900
2020 $1,478 $152,900 $12,000 $140,900
2019 $1,525 $157,000 $12,000 $145,000
2018 $1,425 $156,200 $12,000 $144,200
2017 $1,203 $135,600 $12,000 $123,600
2016 $1,183 $136,700 $12,000 $124,700
2014 $1,115 $136,700 $12,000 $124,700
2013 -- $139,400 $12,000 $127,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202114263

Indiana Regional MLS

APN: 82-05-28-007-472.014-024