Seller's Agent in 2022
Casey McCoy
KELLER WILLIAMS CAPITAL REALTY
(812) 760-6576
4 in this area
225 Total Sales
807 SE 1st St Evansville, IN 47713
Riverside NeighborhoodEstimated Value: $415,000 - $584,856
6
Beds
5
Baths
6,994
Sq Ft
$70/Sq Ft
Est. Value
Highlights
- Detached Second Garage
- Patio
- Hot Water Heating System
- Wood Flooring
- Entrance Foyer
- Level Lot
About This Home
As of October 2022The historic and stunning Chateauesque brick building was the original Strouse residence and carriage house, designed originally by Frank Schlotter (a prominent architect of his time) as the clothing moguls home. Split into a top and bottom duplex to accommodate the growing family. Over the years the upstairs and downstairs were split off into four units and a fifth unit upstairs of the carriage house apartment was added (the main floor, units A &B are both on the same meter and could be changed back to a single residence easily). This would easily surpass $2m to rebuild today to standard with this attention to detail and moulding work. The slate roof and Turrets flanking either side of the front of the building will catch your eye. Once inside you will notice the amazing woodwork through the 8,219 sqft of total space at this fantastic investment property. Each apartment is approximately 1,200-1,300 sqft. Opportunity to break up HVAC to each unit is there to lower expenses as well as to add coin operated laundry and storage to the lower level. Currently the landlord pays for heating all four units on the main house and common area electric and hot water and water/sewer/trash. Tenants in C, D and carriage house pay for their own electric. This truly one of a kind property won't last long.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,745
Year Built
- Built in 1897
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 62x145
- Level Lot
- Historic Home
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Entrance Foyer
- Partially Finished Basement
- Laundry in Basement
- Walkup Attic
- Laminate Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Parking
- 3 Parking Spaces
- Detached Second Garage
Outdoor Features
- Patio
Schools
- West Terrace Elementary School
- Perry Heights Middle School
- Francis Joseph Reitz High School
Utilities
- Window Unit Cooling System
- Radiator
- Hot Water Heating System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable
- The owner pays for building insurance, electric, heating, maintenance, trash collection, water
- Assessor Parcel Number 82-06-31-020-082.013-029
Community Details
Overview
- 2 Buildings
- 5 Units
Pet Policy
- Pet Restriction
Building Details
- Electric Expense $5,400
- Insurance Expense $3,500
- Maintenance Expense $400
- Water Sewer Expense $3,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 15, 2022
Closed on
Oct 12, 2022
Sold by
Weflen James R
Bought by
Mmhd Llc
Seller's Agent
Casey McCoy
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Philip Hooper
Berkshire Hathaway HomeServices Indiana Realty
List Price
$525,000
Sold Price
$501,750
Premium/Discount to List
-$23,250
-4.43%
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,036
Avg. Annual Appreciation
0.39%
Purchase Details
Closed on
Nov 5, 2019
Sold by
Weflen Emilia C
Bought by
Weflen James R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,116
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
May 25, 2015
Closed on
Dec 19, 2016
Sold by
Tetherow Patti A
Bought by
Weflen James R and Weflen Emilia C
Seller's Agent
Maryann Bryan
RE/MAX REVOLUTION
Buyer's Agent
Maryann Bryan
RE/MAX REVOLUTION
List Price
$350,000
Sold Price
$313,000
Premium/Discount to List
-$37,000
-10.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$313,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mmhd Llc | -- | Agents National Title | |
| Weflen James R | -- | None Available | |
| Weflen James R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Weflen James R | $183,116 | |
| Previous Owner | Weflen James R | $313,000 | |
| Previous Owner | Tetherow Paggi | $296,000 | |
| Previous Owner | Tetherow Patti | $74,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2022 10/12/22 | Sold | $501,750 | -4.4% | $72 / Sq Ft |
| 09/20/2022 09/20/22 | Pending | -- | -- | -- |
| 09/15/2022 09/15/22 | For Sale | $525,000 | +67.7% | $75 / Sq Ft |
| 12/19/2016 12/19/16 | Sold | $313,000 | -10.6% | $45 / Sq Ft |
| 06/04/2015 06/04/15 | Pending | -- | -- | -- |
| 05/25/2015 05/25/15 | For Sale | $350,000 | -- | $50 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $11,607 | $537,900 | $13,200 | $524,700 |
| 2023 | $11,532 | $530,300 | $12,900 | $517,400 |
| 2022 | $6,020 | $349,300 | $12,900 | $336,400 |
| 2021 | $5,605 | $320,500 | $12,900 | $307,600 |
| 2020 | $5,476 | $320,500 | $12,900 | $307,600 |
| 2019 | $5,500 | $325,400 | $12,900 | $312,500 |
| 2018 | $5,513 | $325,000 | $12,900 | $312,100 |
| 2017 | $5,551 | $441,900 | $12,900 | $429,000 |
| 2016 | $6,500 | $475,600 | $12,900 | $462,700 |
| 2014 | $6,379 | $468,500 | $12,900 | $455,600 |
| 2013 | -- | $428,100 | $12,900 | $415,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Philip Hooper
Berkshire Hathaway HomeServices Indiana Realty
(812) 618-5000
13 in this area
158 Total Sales
-
M
Seller's Agent in 2016
Maryann Bryan
RE/MAX
-
K
Seller Co-Listing Agent in 2016
Kathy Jackson
RE/MAX
Map
Source: Indiana Regional MLS
MLS Number: 202238595
APN: 82-06-31-020-082.013-029
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