$85,000
$10K PRICE DROP

9 E Reel Ave Vincennes, IN 47591

Estimated payment $532/month

Total Views 7,326
2 Beds
1 Bath
1,120 Sq Ft
$76 Price per Sq Ft

Highlights

  • Popular Property
  • 2 Car Detached Garage
  • 1-Story Property
  • No HOA
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

Unlock potential at **9 East Reel Avenue**-a solid 1,120 sq ft bungalow just blocks from Vincennes University and within easy walking distance of local schools. Featuring **2 bedrooms, 1 bath, an unfinished basement**, and a **detached two-car garage**, this property is primed for value-add improvements. Inside, the flexible floor plan offers ample living space ready for your updates, while the basement invites storage or future expansion. Outside, the deep lot and oversized garage provide coveted off-street parking-ideal for student tenants or a growing rental portfolio. Whether you're a first-time investor seeking steady cash flow or a seasoned pro looking to capitalize on a high-demand location, this home delivers: proximity to campus, neighborhood conveniences, and strong rental upside once refreshed. Seize the opportunity to renovate, rent, and reap the rewards-schedule your tour of 9 East Reel Avenue today.

Listing Agent

Reggie Jackson

Real Broker, LLC License #RB22000730 Listed on: 07/10/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $730

Year Built

  • Built in 1912

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Electric Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • George Rogers Clark Middle School
  • Lincoln High School

Additional Features

  • 6,011 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Columbia Subdivision

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number 421215306083000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$730

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1912
  • Building Area Total: 1680
  • Garage Y N: Yes
  • Lot Size Acres: 0.14
  • Subdivision Name: Columbia
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Appliances: Electric Cooktop, Refrigerator, Dishwasher, Range Hood
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Kitchen Island
  • Living Area: 1120
  • Main Level Bedrooms: 2
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1120
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Block
  • List Price: 85000

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 672

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: George Rogers Clark School

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 6011
  • Parcel Number: 421215306083000022
  • Acres: <1/4 Acre
  • Price Acre: 607143

Tax Info

  • Tax Annual Amount: 730
  • Tax Lot: 84
  • Semi Annual Property Tax Amt: 365
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Lincoln High School

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 $730 $73,400 $4,800 $68,600
2023 $802 $72,500 $3,000 $69,500
2022 $632 $50,900 $3,000 $47,900
2021 $582 $46,600 $3,000 $43,600
2020 $625 $45,000 $3,000 $42,000
2019 $631 $44,100 $2,900 $41,200
2018 $549 $44,600 $2,900 $41,700
2017 $540 $43,900 $2,900 $41,000
2016 $558 $44,400 $2,900 $41,500
2014 $499 $43,300 $2,900 $40,400
2013 $462 $41,700 $700 $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $85,000 -10.5% $76 / Sq Ft
07/10/2025 07/10/25 For Sale $95,000 -- $85 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22049965

MIBOR Broker Listing Cooperative®

APN: 42-12-15-306-083.000-022