$235,000
SOLD OCT 30, 2020

960 S Spring St Evansville, IN 47714

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

Recently Sold

$68 Per Sq Ft

8% Below List Price

12 Days on Market

Highlights

  • Tile Flooring
  • Central Air
  • Community Storage Space

About This Home

As of October 2023

Excellent income potential in this fourplex near the UE area! There is a locked outside entrance leading to a common hallway for all four apartments. Each of the apartments has 3 bedrooms and one full bath. The living areas are cozy and have large windows for natural light. All kitchens include the appliances. There is an extra large coat/storage closet inside each unit. Three units are currently occupied. There is a partial basement with a large lockable storage area for each apartment. The basement also includes a washer and dryer for tenant use. Appliances for all four units are included in the sale. Rent and leases are available. Tenant pays their own utilities. Owner pays common electric and water for common areas, and grounds maintenance. Tenant rights, requires 24 hour notice.

Last Agent to Sell the Property

Darlene Carr

F.C. TUCKER EMGE Listed on: 09/09/2020

F.C. TUCKER EMGE

Last Buyer's Agent

Jonathon Klem

Carpenter Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1950

Lot Details

  • 7,366 Sq Ft Lot
  • Sloped Lot

Parking

  • Driveway

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

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

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $4,206
  • Maintenance Expense $1,678

Additional Features

  • 4 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,166

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1950
  • Age: 70
  • 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: Basement, Storage
  • Inside City Limits: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 92.16
  • Annual Miscellaneous: 2500
  • Monthly Gross Income: 2810
  • 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: 68.47
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Tile
  • Main Level Sq Ft: 1716
  • Total Below Grade Sq Ft: 1678
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum, Brick
  • Stories: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Vectren Corp
  • Gas Company: Vectren Energy
  • Water Company: Evansville Water & Sewer
  • Annual Electric: 4206
  • Annual Maintenance Expense: 1678
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 53FF X 139
  • Estimated Lot Sq Ft: 7366
  • Estimated Lot Size Acres: 0.1691

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance
  • Tenant Pays: Electric, Water

Multi Family

  • Gross Monthly Rent: 2810
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 3
  • Number Of 3 Bedrooms: 3
  • Number Of 4 Bedrooms: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2166

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: 202036269

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 and is currently priced at $235,000, approximately $68 per square foot. 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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