NOT LISTED FOR SALE

731 Covert Ave Evansville, IN 47713

Tepe Park Neighborhood

Estimated Value: $64,000 - $102,000

3 Beds
2 Baths
1,357 Sq Ft
$67/Sq Ft Est. Value

Last Sold April 13, 2016

Last sale price $9,500 $7 Per Sq Ft

Est. 854% increase in value since last sale

Current estimated payment $577/month

148 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Forced Air Heating System
  • Wood Flooring
  • Fenced Yard
  • Ceiling Fan

About This Home

As of April 2016

Great Investment opportunity in this duplex. Unit A offers a covered front porch as well as 2 bedrooms and a large kitchen, open to the living room. The kitchen and bath both offer ceramic tiled floors. The bathroom offers some updates, including a tile-surrounded bath/shower combo. Unit B has access to a fenced, back yard and offers 1 bedroom, a living room, and an additional living space. The bathroom offers a tiled, step in shower. Property being sold As Is, inspections will be for buyer information only.

Last Agent to Sell the Property

Aaron Luttrull

Schuler Bauer Real Estate Listed on: 11/02/2015

Schuler Bauer Real Estate

Last Buyer's Agent

Rebecca Demastus

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30x144
  • Fenced Yard
  • Chain Link Fence

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Laundry in Basement
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • On-Street Parking

Schools

  • Glenwood Elementary And Middle School
  • Bosse High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • 2 Units
  • Insurance Expense $550

Listing and Financial Details

  • Tenant pays for cable, heating
  • Assessor Parcel Number 82-06-32-023-071.008-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1924
  • Age: 92
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LINWOOD LOT 17 |
  • Parcel Number ID: 82-06-32-023-071.008-029
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fenced Yard, Fireplace, Cable Ready, Countertops-Laminate, Porch Covered, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95
  • Monthly Gross Income: 800
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 2035
  • Total Finished Sq Ft: 1357
  • Above Grade Finished Sq Ft: 1357
  • Below Grade Sq Ft: 678
  • Price Per Sq Ft: 7
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Brick
  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Total Below Grade Sq Ft: 678
  • Number Of Microwaves: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt, Shingle
  • Fence: Chain Link
  • Stories: 1

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Evansville Water & Sewer
  • Annual Insurance Expense: 550
  • Number Of W D Hookups: 1

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Glenwood
  • Middle School: Glenwood
  • High School: Bosse
  • Elementary School: Glenwood

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 30x144
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Tenant Pays: Cable, Heating

Tax Info

  • Total Assessed Value: 40200
  • Annual Property Tax: 883

Multi Family

  • Gross Monthly Rent: 800
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Bosse
  • Middle School: Glenwood
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2015
Closed on
Apr 12, 2016
Sold by
Arbee Properties Llc
Bought by
Amaya Carlos
Seller's Agent
Aaron Luttrull
Schuler Bauer Real Estate
Buyer's Agent
Rebecca Demastus
ERA FIRST ADVANTAGE REALTY, INC
List Price
$20,000
Sold Price
$9,500
Premium/Discount to List
-$10,500
-52.5%
Current Estimated Value
$90,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,172
Avg. Annual Appreciation
27.01%

Purchase Details

Closed on
Jun 17, 2015
Sold by
Barnett Rayna
Bought by
Arbee Properties Llc

Purchase Details

Closed on
Jan 30, 2015
Sold by
Quiroz Alejandro
Bought by
Barnett Rayna

Purchase Details

Closed on
Jun 29, 2007
Sold by
Dubrecht Llc
Bought by
Quiroz Alejandro

Purchase Details

Closed on
Dec 26, 2006
Sold by
Copeland David W and Copeland Michelle
Bought by
U S Bank National Assn
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Amaya Carlos -- --
Arbee Properties Llc -- --
Barnett Rayna -- Total Title Services Llc
Quiroz Alejandro -- None Available
U S Bank National Assn $19,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2016 04/13/16 Sold $9,500 -52.5% $7 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $20,000 -- $15 / 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 $1,001 $46,400 $5,800 $40,600
2023 $977 $45,000 $5,800 $39,200
2022 $987 $45,200 $5,800 $39,400
2021 $929 $41,800 $5,800 $36,000
2020 $1,358 $41,800 $5,800 $36,000
2019 $903 $41,800 $5,800 $36,000
2018 $1,804 $41,800 $5,800 $36,000
2017 $1,349 $41,200 $5,800 $35,400
2016 $1,767 $41,300 $5,800 $35,500
2014 $883 $40,400 $5,800 $34,600
2013 -- $40,700 $5,800 $34,900
Source: Public Records

Agents Affiliated with this Home

  • Aaron Luttrull

    Seller's Agent in 2016

    Aaron Luttrull

    Schuler Bauer Real Estate

    (812) 779-6273

    154 Total Sales

    Aaron Luttrull
    Section Image
  • Rebecca Demastus

    Buyer's Agent in 2016

    Rebecca Demastus

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 457-9345

    16 in this area

    348 Total Sales

    Rebecca Demastus
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201550982

Indiana Regional MLS

APN: 82-06-32-023-071.008-029

Indiana Vanderburgh County Evansville 47713 Tepe Park

731 Covert Ave, Evansville, IN

This home is located at 731 Covert Ave, Evansville, IN 47713 since 02 November 2015 and is currently estimated at $90,672, approximately $66 per square foot. This property was built in 1924. 731 Covert Ave is a home located in Vanderburgh County with nearby schools including Benjamin Bosse High School, Glenwood Leadership Academy, and Annunciation Catholic School - Holy Spirit Campus.

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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