Seller's Agent in 2018
Casey McCoy
KELLER WILLIAMS CAPITAL REALTY
(812) 760-6576
228 Total Sales
950 S Spring St Evansville, IN 47714
5
Beds
4
Baths
3,818
Sq Ft
7,353
Sq Ft Lot
Highlights
- Corner Lot
- Ceramic Tile Flooring
- Wood Siding
- Enclosed Patio or Porch
- Zoned Heating and Cooling
About This Home
As of February 2018Excellent investment opportunity. Lots of upside potential. This 4 unit apartment building includes 3 large one bedroom apartments and one large 2 to 3 bedroom apartment. Historically long term, stable tenant base. Profits can be increased by raising rents (lower than market rents) and by offering additional amenities (garage parking, coin laundry, and additional secure storage). Newer windows, roof, and a/c units. All four units offer additional living space via finished sun porches.
Last Agent to Sell the Property
George Delano
Kinney Realty & Development Listed on: 11/07/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 7,353 Sq Ft Lot
- Lot Dimensions are 57' x 129'
- Corner Lot
Home Design
- Quadruplex
- Brick Exterior Construction
- Shingle Roof
- Wood Siding
- Stone Exterior Construction
Interior Spaces
- 2-Story Property
- Partially Finished Basement
- Block Basement Construction
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Parking
- 8 Parking Spaces
- Driveway
- Paved Parking
- Off-Street Parking
Schools
- Evansville Elementary School
- Washington Middle School
- Benjamin Bosse High School
Utilities
- Zoned Heating and Cooling
- Gas Water Heater
Additional Features
- Enclosed Patio or Porch
- Suburban Location
Listing and Financial Details
- Tenant pays for electric, heating
- The owner pays for building insurance, lawn maintenance, maintenance, snow removal, sewer, tax, trash collection, water
- Assessor Parcel Number 82-06-27-016-033.043-027
Community Details
Overview
- 4 Units
Pet Policy
- Pet Restriction
Building Details
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $800
- Fuel Expense $400
- Insurance Expense $1,882
- Maintenance Expense $600
- Water Sewer Expense $1,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 30, 2022
Sold by
Truth Lodging Investments Properties Llc
Bought by
Shree Laxmi Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,899
Outstanding Balance
$45,646
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$208,682
Purchase Details
Closed on
Jan 10, 2022
Sold by
Ferndale Investments Llc
Bought by
Truth Loging Investment 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
$142,400
Interest Rate
3.12%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Dec 29, 2017
Closed on
Feb 6, 2018
Sold by
Cra Real Estate Llc
Bought by
Ferndale Investments Llc
Seller's Agent
Casey McCoy
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
SWIAR NonMember
NonMember SWIAR
List Price
$190,000
Sold Price
$185,000
Premium/Discount to List
-$5,000
-2.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$151,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Nov 7, 2016
Closed on
Jan 10, 2017
Sold by
Work William A
Bought by
Cra Real Estate Llc
Seller's Agent
George Delano
Kinney Realty & Development
Buyer's Agent
Brandon Harper
KELLER WILLIAMS CAPITAL REALTY
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.56%
Original Mortgage
$145,000
Interest Rate
4.16%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Near North Title Group | |
| Warranty Deed | -- | Total Title Services Llc | |
| Warranty Deed | -- | Total Title Services Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $137,899 | Credit Line Revolving | |
| Previous Owner | $142,400 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $151,000 | Purchase Money Mortgage | |
| Previous Owner | $145,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/06/2018 02/06/18 | Sold | $185,000 | -2.6% | $48 / Sq Ft |
| 01/09/2018 01/09/18 | Pending | -- | -- | -- |
| 12/29/2017 12/29/17 | For Sale | $190,000 | +72.7% | $50 / Sq Ft |
| 01/11/2017 01/11/17 | Sold | $110,000 | -15.4% | $29 / Sq Ft |
| 11/12/2016 11/12/16 | Pending | -- | -- | -- |
| 11/07/2016 11/07/16 | For Sale | $130,000 | -- | $34 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $6,894 | $175,500 | $21,800 | $153,700 |
| 2023 | $3,529 | $162,500 | $11,000 | $151,500 |
| 2022 | $3,564 | $163,200 | $11,000 | $152,200 |
| 2021 | $3,383 | $152,200 | $11,000 | $141,200 |
| 2020 | $3,488 | $160,600 | $11,000 | $149,600 |
| 2019 | $3,468 | $160,600 | $11,000 | $149,600 |
| 2018 | $3,475 | $160,300 | $11,000 | $149,300 |
| 2017 | $3,467 | $159,000 | $11,000 | $148,000 |
| 2016 | $2,705 | $158,900 | $11,000 | $147,900 |
| 2014 | $3,397 | $155,700 | $11,000 | $144,700 |
| 2013 | -- | $157,200 | $11,000 | $146,200 |
Source: Public Records
Agents Affiliated with this Home
-
Casey McCoy
-
S
Buyer's Agent in 2018
SWIAR NonMember
NonMember SWIAR
-
G
Seller's Agent in 2017
George Delano
Kinney Realty & Development
-
Brandon Harper
B
Buyer's Agent in 2017
Brandon Harper
KELLER WILLIAMS CAPITAL REALTY
(812) 449-6769
18 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201651003
APN: 82-06-27-016-033.043-027
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