NOT LISTED FOR SALE

818 SE Riverside Dr Evansville, IN 47713

Riverside Neighborhood

Estimated Value: $225,877 - $251,000

4 Beds
4 Baths
2,063 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 31, 2023

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

Est. 14% increase in value since last sale

Current estimated payment $1,544/month

15 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Historic Home
  • Perry Heights Middle School Rated 9+
  • Wood Siding
  • 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

4,356 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1919
  • Style: Two Story
  • 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
  • Special Features: None

Interior Features

  • Total Sq Ft: 2063
  • Total Finished Sq Ft: 2063
  • Above Grade Finished Sq Ft: 2063
  • 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

  • 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

Tax Info

  • Annual Property Tax: 2814

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 1
  • Num Of Efficiencies: 3

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%
Views
88
Current Estimated Value
$238,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,719
Avg. Annual Appreciation
5.09%
Original Mortgage
$210,000
Outstanding Balance
$117,365
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$121,354

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

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
Sabra Real Estate Llc $210,000 None Listed On Document
Greenshield Properties Llc -- None Listed On Document
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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $3,327 $149,600 $9,500 $140,100
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

  • Lucas Neuffer

    Seller's Agent in 2023

    Lucas Neuffer

    Pinnacle Realty Group

    (812) 306-4709

    7 in this area

    79 Total Sales

    Lucas Neuffer
    Section Image
  • Randy Harris

    Buyer's Agent in 2023

    Randy Harris

    HARRIS REAL ESTATE LLC

    (812) 380-1065

    1 in this area

    221 Total Sales

    Randy Harris
    Section Image
  • Kimberly Clark

    Seller's Agent in 2022

    Kimberly Clark

    eXp Realty, LLC

    (812) 449-2119

    5 in this area

    286 Total Sales

    Kimberly Clark
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202317275

Indiana Regional MLS

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

Indiana Vanderburgh County Evansville 47713 Riverside

818 SE Riverside Dr, Evansville, IN

Not Listed for Sale

MultiFamily

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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