NOT LISTED FOR SALE

Estimated Value: $225,651 - $316,000

4 Beds
4 Baths
2,860 Sq Ft
$91/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $210,000 $73 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,890/month

6 Days on Market

Highlights

  • Open Floorplan
  • Balcony
  • Entrance Foyer
  • Perry Heights Middle School Rated 9+
  • Eat-In Kitchen
  • Ceiling height of 9 feet or more

About This Home

As of September 2023

Great investment property located in downtown Evansville. This building offers 4, studio style apartments. Each unit offers an open floor plan as you enter each unit. Units A and B are located on Main level of the building and units C and D are located on second level of the building. Each unit offers laminate flooring throughout the rental along with Murphy beds, giving you more space for living room furniture. Kitchens have updated cabinetry. Unit D is currently being used as an AirBnB. This unit offers two covered balcony spaces, one on front and one on the back. All of this located close to shopping, entertainment and the I-69bypass.

Last Agent to Sell the Property

Jason Eddy

F.C. TUCKER EMGE Brokerage Phone: 812-426-9020 Listed on: 07/28/2023

F.C. TUCKER EMGE

Last Buyer's Agent

Jason Eddy

F.C. TUCKER EMGE Brokerage Phone: 812-426-9020 Listed on: 07/28/2023

F.C. TUCKER EMGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1894

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Vinyl Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

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

Additional Features

  • Balcony
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cooling, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 82-06-30-020-089.009-029

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Electric Expense $3,600
  • Fuel Expense $2,000
  • Insurance Expense $2,000
  • Water Sewer Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,640

Year Built

Built in 1894

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1894
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Outlot 4 In Upper ENL PT LTS 6 & 7
  • Parcel Number ID: 82-06-30-020-089.009-029
  • Platted: Yes
  • Amenities: Ceiling Fan, Balcony, Ceiling-9+, Eat-In Kitchen, Foyer Entry, Open Floor Plan
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2860
  • Total Finished Sq Ft: 2860
  • Above Grade Finished Sq Ft: 2860
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Brick
  • Flooring: Vinyl
  • Main Level Sq Ft: 1430
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Evansville Water & Sewer
  • Annual Electric: 3600
  • Annual Fuel Expense: 2000
  • Annual Insurance Expense: 2000
  • Annual Water Sewer Expense: 2400

Condo/Co-op/Association

  • Other Fee Description: $2640 yearly
  • Pet Restrictions: Yes

Schools

  • Elementary School: West Terrace

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 2614
  • Estimated Lot Size Acres: 0.06

Rental Info

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

Tax Info

  • Annual Property Tax: 2640

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4

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
Jul 28, 2023
Closed on
Sep 18, 2023
Sold by
Briscoe Nichole and Briscoe Marvin
Bought by
Tki Investments Llc
Seller's Agent
Jason Eddy
F.C. TUCKER EMGE
Buyer's Agent
Jason Eddy
F.C. TUCKER EMGE
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%
Views
41
Current Estimated Value
$259,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,163
Avg. Annual Appreciation
8.67%
Original Mortgage
$140,000
Outstanding Balance
$33,655
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$225,508

Purchase Details

Listed on
Dec 17, 2020
Closed on
Dec 15, 2020
Sold by
94 Llc
Bought by
Briscoe Nichole and Briscoe Marvin
Seller's Agent
Adrienne Ruder
F.C. TUCKER EMGE
Buyer's Agent
Jason Eddy
F.C. TUCKER EMGE
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$116,250
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tki Investments Llc $210,000 None Listed On Document
Briscoe Nichole -- Columbia Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tki Investments Llc $140,000
Previous Owner Briscoe Nichole $116,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2023 09/15/23 Sold $210,000 -16.0% $73 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $250,000 +61.3% $87 / Sq Ft
12/17/2020 12/17/20 Sold $155,000 0.0% $54 / Sq Ft View Prior Sale
12/17/2020 12/17/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $155,000 0.0% $54 / Sq Ft
05/25/2018 05/25/18 Rented $400 0.0% --
05/14/2018 05/14/18 For Rent $400 -15.8% --
05/04/2018 05/04/18 Rented $475 -4.0% --
01/31/2018 01/31/18 For Rent $495 +23.8% --
05/22/2017 05/22/17 Rented $400 -11.1% --
05/22/2017 05/22/17 Under Contract -- -- --
03/01/2017 03/01/17 For Rent $450 +13.9% --
01/27/2017 01/27/17 Rented $395 -12.2% --
01/27/2017 01/27/17 Under Contract -- -- --
09/27/2016 09/27/16 Rented $450 +5.9% --
09/27/2016 09/27/16 Under Contract -- -- --
08/18/2016 08/18/16 For Rent $425 -13.3% --
07/27/2016 07/27/16 For Rent $490 0.0% --
07/19/2016 07/19/16 Rented $490 0.0% --
07/19/2016 07/19/16 Under Contract -- -- --
04/04/2016 04/04/16 For Rent $490 0.0% --
03/14/2016 03/14/16 Rented $490 +8.9% --
03/14/2016 03/14/16 Under Contract -- -- --
02/17/2016 02/17/16 Rented $450 0.0% --
01/18/2016 01/18/16 Under Contract -- -- --
12/21/2015 12/21/15 For Rent $450 -8.2% --
11/12/2015 11/12/15 For Rent $490 -- --
Source: Indiana Regional MLS

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
2025 $6,061 $133,100 $6,800 $126,300
2024 $6,061 $136,300 $5,300 $131,000
2023 $2,836 $130,600 $5,200 $125,400
2022 $2,641 $121,200 $5,200 $116,000
2021 $2,456 $110,800 $5,200 $105,600
2020 $1,718 $79,100 $5,200 $73,900
2019 $1,708 $79,100 $5,200 $73,900
2018 $1,667 $78,900 $5,200 $73,700
2017 $1,705 $78,200 $5,200 $73,000
2016 $1,708 $78,200 $5,200 $73,000
2014 $1,685 $77,100 $5,200 $71,900
2013 -- $70,700 $5,200 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202326747

Indiana Regional MLS

APN: 82-06-30-020-089.009-029

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