NOT LISTED FOR SALE

Estimated Value: $99,000 - $138,000

2 Beds
2 Baths
1,476 Sq Ft
$76/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $30,000 $20 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $759/month

111 Days on Market

Highlights

  • Open Floorplan
  • 1 Car Detached Garage
  • Government Subsidized Program
  • Backs to Open Ground
  • Walk-In Closet
  • Laundry closet

About This Home

As of September 2016

GUARANTEED INCOME OPPORTUNITY!! Thinking of dipping into the pool of Real Estate Investors? Start with this 2-unit Duplex that has been Section 8 approved!! At 700+ square feet each, they are mirror images of each other. Both units are currently under long-term lease. Unit B is also VA approved/eligible. Unit A has had a new A/C unit and tubing professionally installed May 2016. Both units convey an open living/kitchen area with bedroom located in the rear of home with full bath and walk-in closet. Washer/dryer hook-ups are located in each walk-in closet area. Each unit has separate gas/water meter. Seller pays water/sewer/trash bill. Buyer may have inspection for informational purposes only.

Last Agent to Sell the Property

Tanya Mauck

ERA FIRST ADVANTAGE REALTY, INC Listed on: 05/09/2016

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Phil Johnson

J Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 74 x 152
  • Backs to Open Ground
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,476 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer Hookup

Parking

  • 1 Car Detached Garage
  • Public Parking
  • Gravel Driveway
  • Unpaved Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Lodge Elementary School
  • Washington Middle School
  • Bosse High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Outbuilding
  • Suburban Location
  • Government Subsidized Program

Listing and Financial Details

  • The owner pays for tax, water
  • Assessor Parcel Number 82-06-29-023-037.012-029

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Water Meters
  • Insurance Expense $827
  • Maintenance Expense $50
  • Water Sewer Expense $960

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1980
  • Age: 36
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: COLUMBIA ADD 74 X 152 FT BL 18 |
  • Parcel Number ID: 82-06-29-023-037.012-029
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Closet(s) Walk-in, Countertops-Laminate, Detector-Smoke, Open Floor Plan, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 66.67
  • Government Subsidized: Yes
  • Monthly Gross Income: 1008
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 1476
  • Total Finished Sq Ft: 1476
  • Above Grade Finished Sq Ft: 1476
  • Price Per Sq Ft: 20.33
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 1
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 620

Garage/Parking

  • Driveway: Concrete, Gravel
  • Number Of Parking Spaces: 2
  • Parking: Garage, Gravel, Lot, Off Street, Paved, Private, Public, Street, Unpaved

Utilities

  • Cooling: Central Air, Multiple Cooling Units
  • Heating Fuel: Electricity, Gas, Conventional, Forced Air
  • Sewer: City, Public
  • Water Utilities: City, Public
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Evansville Water & Sewer
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 827
  • Annual Maintenance Expense: 50
  • Annual Water Sewer Expense: 960
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level, Rolling
  • Lot Dimensions: 74 X 152

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax, Water

Tax Info

  • Total Assessed Value: 48000
  • Annual Property Tax: 1066.48

Multi Family

  • Gross Monthly Rent: 1008
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
North Kentucky Investment Llc
Bought by
Edmund Family Living Trust
Current Estimated Value
$112,585

Purchase Details

Closed on
Dec 19, 2019
Sold by
Sheikh Abdulaziz
Bought by
North Kentucky Investment Llc

Purchase Details

Listed on
May 9, 2016
Closed on
Sep 26, 2016
Sold by
Derr Scott A
Bought by
Sheikh Abdulaziz
Seller's Agent
Tanya Mauck
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Phil Johnson
J Realty LLC
List Price
$48,000
Sold Price
$30,000
Premium/Discount to List
-$18,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.84%
Source: Public Records

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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
Edmund Family Living Trust $83,500 Near North Title
North Kentucky Investment Llc -- None Available
Sheikh Abdulaziz -- Columbia Title
Sheikh Abdulaziz -- Columbia Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $30,000 -37.5% $20 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $48,000 -- $33 / 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 $1,616 $74,900 $13,800 $61,100
2023 $1,709 $78,700 $14,500 $64,200
2022 $1,791 $82,000 $14,500 $67,500
2021 $1,107 $49,800 $14,500 $35,300
2020 $1,136 $52,300 $14,500 $37,800
2019 $1,041 $48,200 $14,500 $33,700
2018 $1,045 $48,200 $14,500 $33,700
2017 $1,047 $48,000 $14,500 $33,500
2016 $1,055 $48,300 $14,500 $33,800
2014 $1,635 $74,800 $14,500 $60,300
2013 -- $75,500 $14,500 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201620688

Indiana Regional MLS

APN: 82-06-29-023-037.012-029