$51,666
SOLD MAY 16, 2025

655 E Riverside Dr Evansville, IN 47713

Glenwood Neighborhood
2 Beds
1 Bath
1,031 Sq Ft
3,360 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

3% Below List Price

27 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • 1-Story Property

About This Home

As of May 2025

This is your opportunity to purchase an investment portfolio of 12 Evansville single family homes that are all currently rented. This property is 1 of 12 properties included in this sale - all must be purchased together at a total price of $637,500. All are currently rented. Do not disturb tenants. The total package includes 1015 S Linwood Ave, 1116 S Linwood Ave, 116 S Grand Ave, 1506 Judson St, 440 S Denby Ave, 501 S New York Ave, 655 E Riverside Dr, 729 Bayard Park Dr, 737 E Powell Ave, 745 E Blackford Ave, 728 E Riverside Ave, and 2608 N Elsas Ave.

Last Agent to Sell the Property

Trae Dauby

Dauby Real Estate Brokerage Phone: 812-777-4611 Listed on: 01/17/2025

Last Buyer's Agent

Limor Abudi

BAKER AUCTION & REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 1869

Lot Details

  • 3,360 Sq Ft Lot
  • Lot Dimensions are 28x120
  • Level Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,031 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Tekoppel Elementary School
  • Helfrich Middle School
  • Francis Joseph Reitz High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Maple Grove / Maplegrove Subdivision

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, maintenance
  • Assessor Parcel Number 82-06-32-022-078.024-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$904

Year Built

Built in 1869

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1869
  • Age: 156
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: MAPLE GROVE LOT 3 BL 2
  • Parcel Number ID: 82-06-32-022-078.024-029
  • Platted: Yes
  • Sp Lp Percent: 97.25
  • Monthly Gross Income: 825
  • Year Taxes Payable: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1031
  • Total Finished Sq Ft: 1031
  • Above Grade Finished Sq Ft: 1031
  • Price Per Sq Ft: 50.11
  • Basement Foundation: Crawl
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

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

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Tekoppel
  • Middle School: Helfrich
  • High School: Francis Joseph Reitz
  • Elementary School: Tekoppel

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 28X120
  • Estimated Lot Sq Ft: 3360
  • Estimated Lot Size Acres: 0.08
  • Lot Number: 3

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance
  • Tenant Pays: Cooling, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 825
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 904

MLS Schools

  • High School: Francis Joseph Reitz
  • Middle School: Helfrich
  • School District: Evansville-Vanderburgh School Corp.

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

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,100,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $51,666 -2.7% $50 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $53,125 0.0% $52 / Sq Ft
02/12/2025 02/12/25 Price Changed $53,125 +8.7% $52 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $48,863 +91.7% $47 / Sq Ft
08/24/2018 08/24/18 Sold $25,489 -29.0% $25 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $35,900 -- $35 / 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 $1,124 $43,200 $3,800 $39,400
2023 $1,649 $41,700 $3,800 $37,900
2022 $622 $28,500 $3,800 $24,700
2021 $553 $24,900 $3,800 $21,100
2020 $828 $24,900 $3,800 $21,100
2019 $858 $24,900 $3,800 $21,100
2018 $540 $24,900 $3,800 $21,100
2017 $536 $24,600 $3,800 $20,800
2016 $732 $33,500 $3,800 $29,700
2014 $717 $32,800 $3,800 $29,000
2013 -- $33,100 $3,800 $29,300
Source: Public Records

Agents Affiliated with this Home

  • Trae Dauby

    Seller's Agent in 2025

    Trae Dauby

    Dauby Real Estate

    (812) 213-4859

    8 in this area

    1,534 Total Sales

    Trae Dauby
    Section Image

  • L

    Buyer's Agent in 2025

    Limor Abudi

    BAKER AUCTION & REALTY

    (812) 491-6247

    1 in this area

    24 Total Sales

    Limor Abudi
    Section Image
  • Rebecca Demastus

    Seller's Agent in 2018

    Rebecca Demastus

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 457-9345

    6 in this area

    352 Total Sales

    Rebecca Demastus
    Section Image
  • Casey Spivey

    Buyer's Agent in 2018

    Casey Spivey

    KELLER WILLIAMS CAPITAL REALTY

    (812) 431-2654

    10 Total Sales

    Casey Spivey
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202501627

Indiana Regional MLS

APN: 82-06-32-022-078.024-029

Indiana Vanderburgh County Evansville 47713 Glenwood

655 E Riverside Dr, Evansville, IN

This home is located at 655 E Riverside Dr, Evansville, IN 47713 and is currently priced at $51,666, approximately $50 per square foot. This property was built in 1869. 655 E Riverside Dr is a home located in Vanderburgh County with nearby schools including Tekoppel Elementary School, Helfrich Park STEM Academy, and Francis Joseph Reitz High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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