$179,000
$6K PRICE DROP

Estimated payment $1,196/month

Total Views 22,939
3 Beds
3 Baths
2,517 Sq Ft
$71 Price per Sq Ft

Highlights

  • Fenced Yard
  • Level Lot
  • Carpet

About This Home

Great investment property! This triplex brings in $1900 per month! All three units are leased! One studio and two one bedroom units. Tenants responsible for their electric and owner pays water. One unit completely remodeled over last few months and leased out Feb 2025. New roof 2020. Detached garage. Basement has access from inside and outside. Potentially could be a quad plex (lower level would need to be finished out).

Listing Agent

Kent Brenneman

eXp Realty, LLC Brokerage Phone: 812-480-4663 Listed on: 02/01/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,480

Year Built

  • Built in 1919

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 63 x 133
  • Fenced Yard
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Carpet
  • Unfinished Basement
  • 1 Bathroom in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Harper Elementary School
  • Washington Middle School
  • Bosse High School

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 82-06-29-023-036.008-029

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $2,400
  • Water Sewer Expense $1,889

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,480

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1919
  • Age: 106
  • Style: Three Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Columbia ADD PT BL 18
  • Parcel Number ID: 82-06-29-023-036.008-029
  • Platted: Yes
  • Amenities: Basement, Fenced Yard
  • Monthly Gross Income: 1895
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 3317
  • Total Finished Sq Ft: 2517
  • Above Grade Finished Sq Ft: 2517
  • Below Grade Sq Ft: 800
  • Price Per Sq Ft: 71.12
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 800
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Window
  • Heating Fuel: Wall Heater
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2400
  • Annual Water Sewer Expense: 1889
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 63 x 133
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1895
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2480

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,898 $65,700 $9,300 $56,400
2023 $1,429 $65,800 $9,800 $56,000
2022 $1,398 $64,000 $9,800 $54,200
2021 $1,318 $59,300 $9,800 $49,500
2020 $621 $28,600 $9,800 $18,800
2019 $618 $28,600 $9,800 $18,800
2018 $618 $28,500 $9,800 $18,700
2017 $619 $28,400 $9,800 $18,600
2016 $616 $38,900 $9,800 $29,100
2014 $835 $38,200 $9,800 $28,400
2013 -- $22,500 $9,800 $12,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Price Changed $179,000 -3.2% $71 / Sq Ft
02/01/2025 02/01/25 For Sale $185,000 +64.4% $74 / Sq Ft
04/07/2023 04/07/23 Sold $112,500 -9.9% $45 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $124,900 -3.8% $50 / Sq Ft
01/30/2023 01/30/23 For Sale $129,900 +30.6% $52 / Sq Ft
10/12/2021 10/12/21 Sold $99,500 -5.1% $40 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $104,900 +74.8% $42 / Sq Ft
09/30/2020 09/30/20 Sold $60,000 0.0% $24 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $60,000 -- $24 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $112,250 Hometown Title
Warranty Deed -- Near North Title Group
Warranty Deed -- Foreman Watson Land Ttl Llc
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $89,800 New Conventional
Previous Owner $74,625 New Conventional
Previous Owner $48,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202503269

Indiana Regional MLS

APN: 82-06-29-023-036.008-029