NOT LISTED FOR SALE
12 Beds
4 Baths
3,432 Sq Ft
7,366 Sq Ft Lot

Sale Details

Date 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

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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

7,366 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1950
  • Style: Two Story
  • 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
  • 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
  • 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

  • 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

Tax Info

  • Annual Property Tax: 2269.08

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of 4 Bedrooms: 4

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2023
Closed on
Oct 31, 2023
Sold by
Philidor Capital Llc
Bought by
Seller's Agent
Larry Carpenter III
Carpenter Realty LLC
Buyer's Agent
Larry Carpenter III
Carpenter Realty LLC
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Views
6

Purchase Details

Closed on
Oct 30, 2020
Sold by
Labonte Christopher
Bought by
Philidor Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2018
Sold by
Cra Real Estate Llc
Bought by
Labonte Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,431
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2015
Sold by
Kkh Properties Llc
Bought by
Cra Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2012
Sold by
Hurless Kory
Bought by
Kkh Properties Llc

Purchase Details

Closed on
Dec 21, 2010
Sold by
Independence Bank Of Kentucky
Bought by
Hurless Kory

Purchase Details

Closed on
May 30, 2008
Sold by
Us Bank National Assn
Bought by
Golden Oak Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2008
Sold by
Rutherford Eric J
Bought by
Us Bankn Na

Purchase Details

Closed on
Sep 29, 2005
Sold by
Barnett Gregory A and Barnett Tammy R
Bought by
Rutherford Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,400
Interest Rate
5.88%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Philidor Capital Llc -- Regional Title Services Llc
Labonte Christopher -- Total Title Services Llc
Cra Real Estate Llc -- --
Kkh Properties Llc -- None Available
Hurless Kory -- None Available
Golden Oak Investments Llc -- None Available
Us Bankn Na $77,000 None Available
Rutherford Eric J -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $188,000
Previous Owner Labonte Christopher $171,431
Previous Owner Cra Real Estate Llc $145,000
Previous Owner Cra Real Estate Llc $166,000
Previous Owner Hurless Kory $145,000
Previous Owner Golden Oak Investments Llc $60,145
Previous Owner Golden Oak Investments Llc $110,000
Previous Owner Rutherford Eric J $20,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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 -- $87 / Sq Ft
Source: Indiana Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,783 $176,500 $11,100 $165,400
2024 $3,399 $146,100 $11,100 $135,000
2023 $2,265 $104,300 $11,100 $93,200
2022 $2,283 $104,800 $11,100 $93,700
2021 $2,269 $102,400 $11,100 $91,300
2020 $2,181 $102,400 $11,100 $91,300
2019 $2,166 $102,400 $11,100 $91,300
2018 $2,261 $104,300 $11,100 $93,200
2017 $2,224 $102,000 $11,100 $90,900
2016 $2,239 $102,500 $11,100 $91,400
2014 $2,325 $106,400 $11,100 $95,300
2013 -- $93,900 $11,100 $82,800
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 202336877

Indiana Regional MLS
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