NOT LISTED FOR SALE

712 N 8th St Vincennes, IN 47591

Estimated Value: $110,000 - $157,000

3 Beds
3 Baths
2,018 Sq Ft
$67/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $110,000 $55 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $931/month

335 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Laundry closet
  • Covered patio or porch
  • Entrance Foyer
  • Forced Air Heating System

About This Home

As of April 2022

Fully rented Triplex! This is the only multi family unit currently available in Vincennes. 100% occupancy. Owner is installing a new metal roof. Property comes with kitchen appliances and a washer and dryer set for each unit. This property is metered separately, so tenant is responsible for electric, gas, and internet. Landlord is responsible for water and trash. This is your perfect chance for a turn key passive income property!

Last Listed By

Tyler Simmons

KLEIN RLTY&AUCTION, INC. Listed on: 04/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1890

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Basement
  • Basement Cellar
  • Eat-In Kitchen

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Washer Hookup

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

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
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, fuel
  • The owner pays for sewer, water
  • Assessor Parcel Number 42-12-21-402-092.000-022

Community Details

Overview

  • 3 Units
  • Cochran Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$944

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1890
  • Age: 132
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: COCHRANS SD LOT 113
  • Parcel Number ID: 42-12-21-402-092.000-022
  • Platted: Yes
  • Amenities: Ceiling Fan, Cable Ready, Eat-In Kitchen, Foyer Entry, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.74
  • Monthly Gross Income: 1500
  • Year Taxes Payable: 944.26
  • Special Features: None

Interior Features

  • Total Sq Ft: 2194
  • Total Finished Sq Ft: 2018
  • Above Grade Finished Sq Ft: 2018
  • Below Grade Sq Ft: 176
  • Price Per Sq Ft: 54.51
  • Basement: Yes
  • Basement Foundation: Cellar
  • Flooring: Laminate, Vinyl
  • Total Below Grade Sq Ft: 176
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Off Street, Street

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
  • Cable Company: Cinergy MetroNet
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 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: Level, 0-2.9999
  • Lot Dimensions: Square
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14
  • Lot Number: 113

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable, Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1500
  • Number Of Dryers: 3
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 3
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 944

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2019
Sold by
Century Trust Llc
Bought by
Taguchi Llc
Total Days on Market
335
Current Estimated Value
$134,359

Purchase Details

Listed on
Mar 26, 2018
Closed on
Apr 24, 2018
Sold by
Scott Hagood
Bought by
Century Trust Llc
Seller's Agent
Heath Klein
KLEIN RLTY&AUCTION, INC.
Buyer's Agent
Tyler Simmons
KLEIN RLTY&AUCTION, INC.
List Price
$37,500
Sold Price
$30,000
Premium/Discount to List
-$7,500
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.13%

Purchase Details

Listed on
Jul 21, 2014
Closed on
Aug 28, 2014
Sold by
Thompson Eric
Bought by
Hagood Scott
Seller's Agent
Nanette Grumieaux
HEARTLAND RE
Buyer's Agent
Heath Klein
KLEIN RLTY&AUCTION, INC.
List Price
$35,900
Sold Price
$34,000
Premium/Discount to List
-$1,900
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.36%

Purchase Details

Listed on
Mar 11, 2013
Closed on
Oct 30, 2013
Sold by
Houck
Bought by
Thompson Eric and Thompson Caroline
Seller's Agent
SHIRLEY KIEL
A+ REAL ESTATE
Buyer's Agent
SHIRLEY KIEL
A+ REAL ESTATE
List Price
$35,500
Sold Price
$21,000
Premium/Discount to List
-$14,500
-40.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.97%

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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    • 2 Baths
    • 1,265 Sq Ft
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    Section Image

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
Taguchi Llc -- Sullivan Co Abs
Century Trust Llc -- Attorney Only
Hagood Scott $34,000 --
Thompson Eric $21,000 Total Title Services Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $110,000 -8.3% $55 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
09/30/2021 09/30/21 Price Changed $119,900 -7.7% $59 / Sq Ft
05/14/2021 05/14/21 Price Changed $129,900 -7.1% $64 / Sq Ft
04/02/2021 04/02/21 For Sale $139,900 +366.3% $69 / Sq Ft
04/24/2018 04/24/18 Sold $30,000 -20.0% $15 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $37,500 +10.3% $19 / Sq Ft
08/28/2014 08/28/14 Sold $34,000 -5.3% $17 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $35,900 +71.0% $18 / Sq Ft
10/31/2013 10/31/13 Sold $21,000 -40.8% $10 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $35,500 -- $18 / 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 $2,233 $106,600 $5,800 $100,800
2023 $2,115 $103,700 $8,900 $94,800
2022 $1,057 $51,500 $8,900 $42,600
2021 $980 $47,700 $8,900 $38,800
2020 $865 $42,200 $8,900 $33,300
2019 $944 $43,800 $8,500 $35,300
2018 $937 $43,500 $8,600 $34,900
2017 $966 $43,200 $8,600 $34,600
2016 $947 $42,300 $8,600 $33,700
2014 $872 $41,200 $8,600 $32,600
2013 $930 $43,000 $700 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202110723

Indiana Regional MLS

APN: 42-12-21-402-092.000-022