NOT LISTED FOR SALE

960 S Spring St Evansville, IN 47714

12 Beds
4 Baths
3,432 Sq Ft
7,366 Sq Ft Lot

Last Sold October 31, 2023

Last sale price $275,000 $80 Per Sq Ft

1 Day on Market

About This Home

As of October 2023

Excellent income potential in this fourplex near the UE area! Each of the apartments have 3 bedrooms and one full bath. The living areas are cozy and have large windows for natural light. All kitchens include the appliances. Three units are currently occupied. There is a partial basement with a large lockable storage area for each apartment. Appliances for all four units are included in the sale. Tenant pays their own utilities. Owner pays common electric and water for common areas, and grounds maintenance. Tenant rights, owner is a licensed Real Estate Broker.

Last Agent to Sell the Property

Larry Carpenter III

Carpenter Realty LLC Brokerage Phone: 812-559-0458 Listed on: 10/07/2023

Last Buyer's Agent

Larry Carpenter III

Carpenter Realty LLC Brokerage Phone: 812-559-0458 Listed on: 10/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,269

Year Built

  • Built in 1950

Lot Details

  • 7,366 Sq Ft Lot
  • Irregular Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Dexter Elementary School
  • Washington Middle School
  • Bosse High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for lawn maintenance, water
  • Assessor Parcel Number 82-06-27-016-033.042-027

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $4,200
  • Insurance Expense $1,958
  • Water Sewer Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,269

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1950
  • Age: 73
  • Style: Two Story
  • Bedrooms: 12
  • Number Above Grade Bedrooms: 12
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: WASHINGTON TERRACE L 15 BL 16
  • Parcel Number ID: 82-06-27-016-033.042-027
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 91.97
  • Monthly Gross Income: 3100
  • Year Taxes Payable: 2269.08
  • Special Features: None

Interior Features

  • Total Sq Ft: 5110
  • Total Finished Sq Ft: 3432
  • Above Grade Finished Sq Ft: 3432
  • Below Grade Sq Ft: 1678
  • Price Per Sq Ft: 80.13
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Tile
  • Total Below Grade Sq Ft: 1678
  • Number Of Disposals: 4
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 5

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 4200
  • Annual Insurance Expense: 1957.56
  • Annual Water Sewer Expense: 3000
  • Number Of W D Hookups: 4

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: .1691 Acre
  • Estimated Lot Sq Ft: 7366
  • Estimated Lot Size Acres: 0.1691

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Lawn Maintenance, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 3100
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of 4 Bedrooms: 4
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 2269.08

MLS Schools

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

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

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $275,000 -8.0% $80 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
10/07/2023 10/07/23 For Sale $299,000 +27.2% $87 / Sq Ft
10/30/2020 10/30/20 Sold $235,000 -7.8% $68 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $255,000 -- $74 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Larry Carpenter III

    Seller's Agent in 2023

    Larry Carpenter III

    Carpenter Realty LLC

    (812) 639-8701

    182 Total Sales

    Larry Carpenter III
    Section Image
  • Darlene Carr

    Seller's Agent in 2020

    Darlene Carr

    F.C. TUCKER EMGE

    (812) 483-8990

    143 Total Sales

    Darlene Carr
    Section Image

  • J

    Buyer's Agent in 2020

    Jonathon Klem

    Carpenter Realty LLC

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202336877

Indiana Regional MLS
Indiana Vanderburgh County Evansville 47714

960 S Spring St, Evansville, IN

This home is located at 960 S Spring St, Evansville, IN 47714 since 07 October 2023. This property was built in 1950. 960 S Spring St is a home located in Vanderburgh County with nearby schools including Benjamin Bosse High School, Harper Elementary School, and Washington Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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