NOT LISTED FOR SALE

Estimated Value: $210,000 - $249,000

4 Beds
4 Baths
2,063 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $210,000 $102 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,569/month

15 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Wood Siding
  • Carpet
  • Level Lot
  • Historic Home
  • 3-minute walk to Sunset Park

About This Home

As of August 2023

Grow your investment portfolio with a fourplex right in the heart of the historic district and steps away from Haynie's Corner. All gas and electric are separately metered. The units feature tall windows, lots of natural light, private entrances and appliances. Central heat and air in all units and separate newer water heaters as well. Owner pays for water/sewer/trash. With 3 units vacant this gives a new owner plenty of opportunity to make updates right away. Off street parking available behind the units plus street parking out front.

Last Agent to Sell the Property

Lucas Neuffer

Pinnacle Realty Group Listed on: 05/25/2023

Pinnacle Realty Group

Last Buyer's Agent

Randy Harris

HARRIS REAL ESTATE LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,814

Year Built

  • Built in 1919

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x145
  • Level Lot
  • Historic Home

Home Design

  • Quadruplex
  • Brick Foundation
  • Wood Siding

Interior Spaces

  • 2,063 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Tekoppel Elementary School
  • Perry Heights Middle School
  • Francis Joseph Reitz High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for trash collection, water
  • Assessor Parcel Number 82-06-31-020-082.006-029

Community Details

Overview

  • 4 Units
  • Union Place Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,814

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1919
  • Age: 104
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: UNION PLACE PT LOT 6 & PT LOT 7
  • Parcel Number ID: 82-06-31-020-082.006-029
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 84.03
  • Monthly Gross Income: 2575
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2063
  • Total Finished Sq Ft: 2063
  • Above Grade Finished Sq Ft: 2063
  • Price Per Sq Ft: 101.79
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Brick
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Wood
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level, Historic Designation
  • Lot Dimensions: 35x145
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 2575
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 1
  • Num Of Efficiencies: 3
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 2814

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
May 25, 2023
Closed on
Aug 30, 2023
Sold by
Greenshield Properties Llc
Bought by
Sabra Real Estate Llc
Seller's Agent
Lucas Neuffer
Pinnacle Realty Group
Buyer's Agent
Randy Harris
HARRIS REAL ESTATE LLC
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%
Total Days on Market
15
Views
88
Current Estimated Value
$230,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,001
Avg. Annual Appreciation
5.31%
Original Mortgage
$210,000
Outstanding Balance
$151,039
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$78,962

Purchase Details

Listed on
Jun 28, 2022
Closed on
Oct 11, 2022
Sold by
Green Joseph D
Bought by
Greenshield Properties Llc
Seller's Agent
Kimberly Clark
eXp Realty, LLC
Buyer's Agent
Lucas Neuffer
Pinnacle Realty Group
List Price
$190,000
Sold Price
$183,000
Premium/Discount to List
-$7,000
-3.68%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%
Original Mortgage
$137,250
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 23, 2022
Sold by
Sdbs Properties Llc
Bought by
Green Joseph D
Seller's Agent
Kimberly Clark
eXp Realty, LLC
Buyer's Agent
Lucas Neuffer
Pinnacle Realty Group
List Price
$190,000
Sold Price
$183,000
Premium/Discount to List
-$7,000
-3.68%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,250
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2020
Sold by
Empyreal Investments Llc
Bought by
Sdbs Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 28, 2018
Sold by
Parian Sergio A and Parian Sergio
Bought by
Empyreal Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 8, 2006
Sold by
Clark David E
Bought by
Parian Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2006
Sold by
Allen Ronald R and Allen Perry S
Bought by
Clark David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.56%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Sabra Real Estate Llc $210,000 None Listed On Document
Greenshield Properties Llc -- --
Green Joseph D -- --
Sdbs Properties Llc -- None Available
Empyreal Investments Llc -- None Available
Parian Sergio -- None Available
Clark David E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabra Real Estate Llc $210,000
Previous Owner Green Joseph D $137,250
Previous Owner Sdbs Properties Llc $120,000
Previous Owner Empyreal Investments Llc $144,000
Previous Owner Parian Sergio $76,000
Previous Owner Clark David E $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $210,000 -16.0% $102 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $249,900 +36.6% $121 / Sq Ft
08/26/2022 08/26/22 Sold $183,000 -3.7% $201 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $190,000 -- $208 / 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 $3,327 $154,200 $7,400 $146,800
2023 $3,012 $138,700 $7,300 $131,400
2022 $2,815 $128,900 $7,300 $121,600
2021 $2,631 $118,400 $7,300 $111,100
2020 $2,572 $118,400 $7,300 $111,100
2019 $2,556 $118,400 $7,300 $111,100
2018 $2,558 $118,000 $7,300 $110,700
2017 $2,546 $116,800 $7,300 $109,500
2016 $2,553 $116,900 $7,300 $109,600
2014 $2,502 $114,500 $7,300 $107,200
2013 -- $105,000 $7,300 $97,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202317275

Indiana Regional MLS

APN: 82-06-31-020-082.006-029