NOT LISTED FOR SALE

603 N 7th St Unit 3 Vincennes, IN 47591

Estimated Value: $46,000 - $140,000

4 Beds
3 Baths
1,839 Sq Ft
$60/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $35,000 $19 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $693/month

8 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Carpet
  • Enclosed patio or porch

About This Home

As of October 2023

Three units, Corner Location. 6th Photo is Picture from years ago.

Last Listed By

Nanette Grumieaux

HEARTLAND RE Brokerage Email: realtorpro@iname.com Listed on: 09/26/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,349

Year Built

  • Built in 1890

Lot Details

  • 4,617 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch

Schools

  • Riley Elementary School
  • Clark Middle School
  • Lincoln High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, lawn maintenance, maintenance, sewer, tax, water
  • Assessor Parcel Number 42-12-21-402-102.000-022

Community Details

Overview

  • 3 Units
  • Cochran Subdivision

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,349

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1890
  • Age: 133
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: COCHRAN SD PT LOT 1-2 Lot is approximately 51 (7th Street side) x 86
  • Parcel Number ID: 42-12-21-402-102.000-022
  • Platted: Yes
  • Amenities: Basement, Fireplace, Off Street Parking, Porch Enclosed, Water Heater Gas
  • Cross Street: Hart Street
  • Inside City Limits: Yes
  • Sp Lp Percent: 87.72
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2089
  • Total Finished Sq Ft: 1839
  • Above Grade Finished Sq Ft: 1839
  • Below Grade Sq Ft: 250
  • Price Per Sq Ft: 19.03
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 250

Exterior Features

  • Exterior: Vinyl
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Vincennes Water Utilities
  • Number Electric Meters: 3
  • Number Water Meters: 1

Schools

  • School District: Vincennes Community School Corp.
  • Elementary School: Riley
  • Middle School: Clark
  • High School: Lincoln
  • Elementary School: Riley

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: .11
  • Estimated Lot Sq Ft: 4617
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 50100

Multi Family

  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1

MLS Schools

  • High School: Lincoln
  • Middle School: Clark
  • School District: Vincennes Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Oct 27, 2023
Sold by
Thomas Donna S
Bought by
Porterhouse And Homes Llc
Seller's Agent
Nanette Grumieaux
HEARTLAND RE
Buyer's Agent
Audrey Sturgeon
RE/MAX Mainstream
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%
Total Days on Market
8
Views
36
Current Estimated Value
$109,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,581
Avg. Annual Appreciation
90.26%

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
Porterhouse And Homes Llc $35,000 Columbia Title Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $35,000 -12.3% $19 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $39,900 -- $22 / 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 $1,349 $63,200 $4,800 $58,400
2023 $1,312 $61,400 $7,300 $54,100
2022 $1,028 $50,100 $7,300 $42,800
2021 $949 $46,200 $7,300 $38,900
2020 $913 $44,500 $7,300 $37,200
2019 $924 $42,800 $7,000 $35,800
2018 $910 $42,200 $7,000 $35,200
2017 $905 $41,800 $7,000 $34,800
2016 $886 $40,900 $7,000 $33,900
2014 $811 $39,700 $7,000 $32,700
2013 $790 $38,300 $500 $37,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202335568

Indiana Regional MLS

APN: 42-12-21-402-102.000-022