NOT LISTED FOR SALE

820 N 5th St Vincennes, IN 47591

Estimated Value: $59,348 - $156,000

5 Beds
3 Baths
2,405 Sq Ft
$46/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $52,000 $22 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $729/month

107 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Level Lot
  • Covered patio or porch
  • Forced Air Heating System

About This Home

As of October 2022

INVESTMENT PROPERTY OPPORTUNITY!! Features include three rented units with a consistent rental history and seller maintenance history.

Last Listed By

Phil Corrona

Fathom Realty IN, LLC Listed on: 06/20/2022

Fathom Realty IN, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $886

Year Built

  • Built in 1890

Lot Details

  • 10,280 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Tecumseh-Harrison Elementary School
  • Clark Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, trash collection, deposit value
  • The owner pays for sewer, water
  • Assessor Parcel Number 42-12-21-115-110.000-022

Community Details

Overview

  • 3 Units
  • Harrison Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $456
  • Maintenance Expense $823
  • Water Sewer Expense $1,127

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$886

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1890
  • Age: 132
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Harrison SD Lot 78
  • Parcel Number ID: 42-12-21-115-110.000-022
  • Platted: Yes
  • Amenities: Balcony, Detector-Smoke, Porch Covered, Water Heater Gas
  • Sp Lp Percent: 81.25
  • Monthly Gross Income: 1325
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2631
  • Total Finished Sq Ft: 2405
  • Above Grade Finished Sq Ft: 2405
  • Below Grade Sq Ft: 226
  • Price Per Sq Ft: 21.62
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Carpet, Wood, Tile, Vinyl
  • Total Below Grade Sq Ft: 226
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 456
  • Annual Maintenance Expense: 823
  • Annual Water Sewer Expense: 1127

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Vincennes Community School Corp.
  • Elementary School: Tecumseh-Harrison
  • Middle School: Clark
  • High School: Lincoln
  • Elementary School: Tecumseh-Harrison

Lot Info

  • Lot Description: Level
  • Lot Dimensions: RECTANGULAR
  • Estimated Lot Sq Ft: 10280
  • Estimated Lot Size Acres: 0.236

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1325
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 886

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
Dec 20, 2010
Sold by
Royale Rentals Llc
Bought by
Smith Thomas W and Smith Kandi K
Total Days on Market
107
Current Estimated Value
$110,337

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
Smith Thomas W $37,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $52,000 -18.8% $22 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $64,000 -- $27 / 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 $1,406 $66,000 $7,300 $58,700
2023 $1,435 $67,400 $6,200 $61,200
2022 $1,230 $59,900 $6,300 $53,600
2021 $1,031 $50,200 $6,300 $43,900
2020 $886 $43,200 $6,300 $36,900
2019 $936 $43,400 $6,200 $37,200
2018 $941 $43,700 $6,000 $37,700
2017 $956 $44,300 $6,000 $38,300
2016 $989 $45,900 $6,000 $39,900
2014 $985 $48,200 $6,000 $42,200
2013 $918 $44,500 $1,200 $43,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202224679

Indiana Regional MLS

APN: 42-12-21-115-110.000-022