NOT LISTED FOR SALE

5623 Forest Ave Evansville, IN 47712

Estimated Value: $239,000 - $260,000

3 Beds
2 Baths
1,672 Sq Ft
$300/mo HOA Fee

Last Sold November 18, 2021

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

Est. 16% increase in value since last sale

Current estimated payment $1,778/month

1 Day on Market

Highlights

  • Water Views
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Perry Heights Middle School Rated 9+
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of November 2021

Beautiful move-in ready West side 3 bedroom, 2 bath condo w/ 1672 sqft of living space. This is an end unit which has more sqft and an extra window in the dining area. Home has been extremely well maintained with neutral paint throughout, updated light fixtures, ceramic tile, and hand scraped hardwood flooring. The open floor plan boasts a great room with vaulted ceilings accented by a gorgeous stone gas fireplace. The kitchen offers an abundance of custom Hickory cabinets including a pantry and matching Whirlpool appliances that stay. Kitchen has a double oven. Main level master bedroom features a walk-in closet, master bath w/ walk in tile shower with glass door(new in 2017), and dual vanity. Laundry is located on the main level as well as the 2nd bedroom. The 3rd bedroom is upstairs. The covered 14x10 covered balcony overlooks the lake w/a direct view of the fountain and picturesque woods. The 2.5 car tandem garage has direct access to a Private, hydraulic elevator (shared with 1 other unit) and opens directly into the condo. Monthly association dues cover insurance on the building, trash pick-up, water and sewer, outdoor lighting/electric, elevator service(wall phone in the elevator), outside maintenance/exterior of building, lawn/landscape and quarterly pest control. HVAC, water heater new in 2017, and newer garage door opener. All roofs on this building replaced in 2017, windows have also been replaced. Arbor Valley is conveniently located near USI, shopping, churches, restaurants and bus line.

Last Agent to Sell the Property

Johnna Cameron

ERA FIRST ADVANTAGE REALTY, INC Listed on: 10/14/2021

Last Buyer's Agent

Tanya Mauck

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,489

Year Built

  • Built in 2000

Lot Details

  • Backs to Open Ground
  • Landscaped

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2.5 Car Garage
  • Heated Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Cabin
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Utility Room in Garage
  • Water Views
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Home Security

Outdoor Features

  • Balcony
  • Covered Deck

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Smart Home Wiring
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 82-05-27-007-472.018-024

Community Details

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,489

Year Built

Built in 2000

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 2000
  • Style: Two Story
  • Architectural Style: Cabin/Cottage
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: ARBOR VALLEY CONDO UNIT 5623 BLDG E
  • Parcel Number ID: 82-05-27-007-472.018-024
  • Platted: Yes
  • Amenities: Balcony, Cable Available, Cable Ready, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Deck Covered, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Landscaped, Open Floor Plan, Twin Sink Vanity, Wiring-Smart Home, Main Level Bedroom Suite, Garage-Heated, Main Floor Laundry, Washer Hook-Up, Garage Utilities
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1672
  • Total Finished Sq Ft: 1672
  • Above Grade Finished Sq Ft: 1672
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, 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: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 13x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Tandem
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 20x20
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 300
  • Association Fees Frequency: Monthly

Schools

  • Elementary School: West Terrace

Lot Info

  • Lot Description: Water View

Tax Info

  • Annual Taxes: 1489
  • Exemptions: Homestead

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
Oct 14, 2021
Closed on
Nov 18, 2021
Sold by
Duesterberg Jane
Bought by
Zhu Chaoying
Seller's Agent
Johnna Cameron
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Tanya Mauck
ERA FIRST ADVANTAGE REALTY, INC
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$249,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,972
Avg. Annual Appreciation
3.90%
Original Mortgage
$172,000
Outstanding Balance
$133,354
Interest Rate
2.23%
Mortgage Type
New Conventional
Estimated Equity
$116,618

Purchase Details

Listed on
May 9, 2017
Closed on
Jul 21, 2017
Sold by
Reed Robert A and Reed Lynn M
Bought by
Duesterberg Jane
Seller's Agent
Bill Long
HELFRICH REALTY CO
Buyer's Agent
Wayne Ellis
@properties
List Price
$168,500
Sold Price
$167,200
Premium/Discount to List
-$1,300
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%

Purchase Details

Closed on
Aug 22, 2011
Sold by
Layer Hugh H and Layer Jane A
Bought by
Reed Robert A and Reed Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
4.58%
Mortgage Type
New Conventional
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
Zhu Chaoying -- None Available
Duesterberg Jane -- None Available
Reed Robert A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Chaoying $172,000
Previous Owner Reed Robert A $112,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2021 11/18/21 Sold $215,000 0.0% $129 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $215,000 +28.6% $129 / Sq Ft
07/21/2017 07/21/17 Sold $167,200 -0.8% $100 / Sq Ft View Prior Sale
06/12/2017 06/12/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $168,500 -- $101 / 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 $1,435 $145,600 $12,000 $133,600
2020 $1,489 $153,700 $12,000 $141,700
2019 $1,534 $157,700 $12,000 $145,700
2018 $1,497 $157,000 $12,000 $145,000
2017 $1,153 $136,400 $12,000 $124,400
2016 $1,134 $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: 202143321

Indiana Regional MLS

APN: 82-05-28-007-472.018-024