NOT LISTED FOR SALE

636 Vollmer St Vincennes, IN 47591

Estimated Value: $108,000 - $147,000

4 Beds
2 Baths
1,704 Sq Ft
$76/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $63,000 $37 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $859/month

105 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Vinyl Flooring
  • Entrance Foyer
  • Level Lot

About This Home

As of June 2019

Freshly painted interior, & new carpeting on the lower apartment. This is a great opportunity to own this Duplex! It has 2 – 2 bedroom apartments. There is also an attached garage, large back yard, and alley access. This is centrally located and walking distance to VU Campus. It now has NEW tenants that are contracted for a year. Monthly gross income $1400. Seller pays utilities except for trash pickup. Tenants provide all appliances.

Last Listed By

Jan Parsons

KLEIN RLTY&AUCTION, INC. Listed on: 02/15/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,001

Year Built

  • Built in 1981

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,704 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Franklin Elementary School
  • Clark Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for trash collection
  • The owner pays for building insurance, cooling, electric, heating, maintenance, sewer, water
  • Assessor Parcel Number 42-12-22-201-027.000-022

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,100
  • Fuel Expense $420
  • Insurance Expense $648
  • Maintenance Expense $40
  • Water Sewer Expense $960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,001

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1981
  • Age: 38
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: MFG SD LOT 55
  • Parcel Number ID: 42-12-22-201-027.000-022
  • Platted: Yes
  • Amenities: Off Street Parking, Foyer Entry, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90.13
  • Monthly Gross Income: 1300
  • Year Taxes Payable: 18 pay 19
  • Special Features: None

Interior Features

  • Total Sq Ft: 1704
  • Total Finished Sq Ft: 1704
  • Above Grade Finished Sq Ft: 1704
  • Price Per Sq Ft: 36.97
  • Basement Foundation: Slab
  • Flooring: Laminate, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Vincennes Water Utilities
  • Annual Electric: 2100
  • Annual Fuel Expense: 420
  • Annual Insurance Expense: 648
  • Annual Maintenance Expense: 40
  • Annual Water Sewer Expense: 960
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: Rectangular
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14
  • Lot Number: 55

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Cooling, Electric, Heating, Maintenance, Sewer, Water
  • Tenant Pays: Trash Collection

Multi Family

  • Gross Monthly Rent: 1300
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1000.56

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
Feb 15, 2019
Closed on
Jun 24, 2019
Sold by
Lindsay Robert S and Lindsay Kristy M
Bought by
Durowoju Taiwo and Jammicia Durowoju
Seller's Agent
Jan Parsons
KLEIN RLTY&AUCTION, INC.
Buyer's Agent
Cameron Engstrom
KLEIN RLTY&AUCTION, INC.
List Price
$69,900
Sold Price
$63,000
Premium/Discount to List
-$6,900
-9.87%
Total Days on Market
105
Current Estimated Value
$129,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,883
Avg. Annual Appreciation
12.83%

Purchase Details

Listed on
Oct 22, 2015
Closed on
Dec 11, 2015
Sold by
Ice Mervin Roy
Bought by
Lindsay Robert S and Lindsay Kristy M
Seller's Agent
TRAVIS PIPER
KLEIN RLTY&AUCTION, INC.
Buyer's Agent
DENNIS MASSEY
KLEIN RLTY&AUCTION, INC.
List Price
$49,900
Sold Price
$42,800
Premium/Discount to List
-$7,100
-14.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%

Range of Values:

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Average Value
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List Price
Sold Price
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Similar Home in Vincennes, IN

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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
Durowoju Taiwo $63,000 Total Title Services Inc
Lindsay Robert S $42,800 Regional Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Durowoju Taiwo $47,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold $63,000 -9.9% $37 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $69,900 +63.3% $41 / Sq Ft
12/11/2015 12/11/15 Sold $42,800 -14.2% $25 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $49,900 -- $29 / 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 $1,581 $75,600 $3,800 $71,800
2023 $597 $64,100 $3,800 $60,300
2022 $462 $56,800 $3,800 $53,000
2021 $413 $47,900 $3,800 $44,100
2020 $651 $43,900 $3,800 $40,100
2019 $372 $42,300 $3,400 $38,900
2018 $1,001 $47,400 $3,400 $44,000
2017 $410 $47,600 $3,400 $44,200
2016 $459 $51,800 $3,400 $48,400
2014 $542 $54,700 $3,500 $51,200
2013 $508 $61,200 $8,000 $53,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201905233

Indiana Regional MLS

APN: 42-12-22-201-027.000-022