NOT LISTED FOR SALE

624 E Delaware St Evansville, IN 47711

Estimated Value: $48,000 - $78,000

3 Beds
1 Bath
1,146 Sq Ft
$55/Sq Ft Est. Value

Last Sold August 31, 2018

Current estimated payment $428/month

181 Days on Market

Highlights

  • Porch
  • Tile Flooring
  • Level Lot
  • North High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

Attention Investors! Remodeled 3 Bedroom, 2 Bathroom single family home with central heat and air currently rented for $700.00/month(Sec 8). Home to be sold in a package of 17 single family homes, two multi-family duplexes, and 4 vacant adjoining lots for off street parking for $950,000.00. All properties are currently rented. Properties include: 212 Leslie Ave, 1411 W Maryland St A & B, 1328 W Columbia St, 1324 W Columbia St A & B, 1322 W Columbia St, 407 E Delaware St, 620 E Delaware St, 624 E Delaware St, 611 E Virginia St, 1211 S Linwood Ave, 801 Monroe Ave, 1204 E Iowa St, 1205 E Iowa St, 16 E Missouri St, 525 S Kentucky Ave, 866 E Cherry St, 606 E Riverside Dr, 113 W Oregon St, and 1930 E Blackford Ave. Lots include: 1326 W Columbia St, 1320 W Columbia St, 1318 W Columbia, 1207 S Linwood Ave. There are no signs in the yard. Please do not disturb the tenants. Thank you!

Last Agent to Sell the Property

James Melchiors

ERA FIRST ADVANTAGE REALTY, INC Listed on: 02/09/2018

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Delmar Wagler

Integrity Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 1929

Lot Details

  • 3,800 Sq Ft Lot
  • Lot Dimensions are 25' x 152'
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement
  • Crawl Space

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Delaware Elementary School
  • North Middle School
  • North High School

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • Pet Restriction

Listing and Financial Details

  • Tenant pays for cable, electric, lawn maintenance, sewer, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 82-06-20-025-102.010-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$860

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1929
  • Age: 89
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: KERTHS SECOND ADD LOT 12 BL 1 |
  • Parcel Number ID: 82-06-20-025-102.010-029
  • Platted: Yes
  • Amenities: Porch Open
  • Monthly Gross Income: 700
  • Year Taxes Payable: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2121
  • Total Finished Sq Ft: 1146
  • Above Grade Finished Sq Ft: 1146
  • Above Grade Unfinished Sq Ft: 975
  • Basement: Yes
  • Basement Foundation: Crawl
  • Flooring: Carpet, Tile
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Delaware
  • Middle School: North
  • High School: North
  • Elementary School: Delaware

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 25' x 152'
  • Estimated Lot Sq Ft: 3800
  • Estimated Lot Size Acres: 0.0872

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Electric, Lawn Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 700
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 860.44

MLS Schools

  • High School: North
  • Middle School: North
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Brittany Apartments Llc
Bought by
Tip Top Homes Llc
Total Days on Market
181
Current Estimated Value
$62,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$581,530
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
-$518,863

Purchase Details

Listed on
Jun 7, 2017
Closed on
Jun 23, 2017
Sold by
Peay Mercedes
Bought by
Bassemiers Investments Inc
Seller's Agent
Ryan Van Laningham
BAKER AUCTION & REALTY
Buyer's Agent
Tony Lasher
FIRST CLASS REALTY
List Price
$16,900
Sold Price
$10,000
Premium/Discount to List
-$6,900
-40.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.00%

Purchase Details

Listed on
Apr 12, 2016
Closed on
Oct 20, 2016
Sold by
Hud
Bought by
Peay Mercedes
Seller's Agent
Scott Smith
Keller Williams Indy Metro S
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$10,000
Sold Price
$11,000
Premium/Discount to List
$1,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.26%

Purchase Details

Closed on
Feb 3, 2016
Sold by
Us Bank Na
Bought by
Hud

Purchase Details

Closed on
Oct 31, 2013
Sold by
Vanderburgh Count Sheriff
Bought by
Us Bank Na
Source: Public Records

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Range of Values:

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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
Tip Top Homes Llc $42,240 Near North Title
Bassemiers Investments Inc -- None Available
Peay Mercedes $11,000 Clear Title
Hud -- --
Us Bank Na $7,810 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tip Top Homes Llc $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold -- -- --
02/09/2018 02/09/18 For Sale $48,900,000 +488900.0% $42,670 / Sq Ft
06/23/2017 06/23/17 Sold $10,000 -40.8% $7 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $16,900 +53.6% $12 / Sq Ft
10/20/2016 10/20/16 Sold $11,000 +10.0% $5 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $10,000 -- $5 / 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 $1,137 $52,700 $5,000 $47,700
2023 $930 $42,800 $4,500 $38,300
2022 $939 $43,000 $4,500 $38,500
2021 $718 $32,300 $4,500 $27,800
2020 $702 $32,300 $4,500 $27,800
2019 $697 $32,300 $4,500 $27,800
2018 $700 $39,600 $4,500 $35,100
2017 $859 $39,400 $4,500 $34,900
2016 $1,281 $39,400 $4,500 $34,900
2014 $846 $38,700 $4,500 $34,200
2013 -- $39,000 $4,500 $34,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201804909

Indiana Regional MLS

APN: 82-06-20-025-102.010-029