506 Adams Avenue

Evansville, IN 47713

$140,000
Price
6
Beds
2
Baths
2,542 Sq. Ft.
$55 / Sq. Ft.
2,542
Sq. Ft.
$55
per Sq. Ft.

Description

Investment Opportunity, fully occupied duplex close to Evansville's down town. Tenants pay all utilities.Investment Opportunity, fully occupied duplex close to Evansville's down town. Tenants pay all utilities.
  1. Listed by Stacey Carpenter • KELLER WILLIAMS CAPITAL REALTY

Property Details for 506 Adams Avenue

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
No

Location

Listing Courtesy of KELLER WILLIAMS CAPITAL REALTY
Add your commute
LISTING UPDATED: 05/04/2024 06:39 AM

Property Details for 506 Adams Avenue

StatusActive
MLS #202412301
Days on Market39
Taxes$1,774 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1894
Lot Size0.13 AC / 5,720 SF
CountyVanderburgh County

Location

Listing Courtesy of KELLER WILLIAMS CAPITAL REALTY
Add your commute

Building Information for 506 Adams Avenue

Stories2Residences2Year Built1894Building Size-Lot Size0.13 AC / 5,720 SF

Payment Calculator

$912 per month

30 year fixed, 7.25% Interest

Principal and Interest

$764

Property Taxes

$148

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 506 Adams Avenue

Summary
Location and General Information
  • Area: Vanderburgh County
  • City: Evansville
  • Zip Code: 47713
  • State: IN
  • Township: Pigeon
  • Geo Latitude: 38
  • Geo Longitude: -88
  • Fips Code: 18163
  • Directions To Property: From Evansville's west side, take the Main St. exit. Turn right on S Governor. Turn left on Adams Ave. Home will be on the left.
Taxes and HOA
  • Assessed Value $: $81,700.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2023
  • Parcel Number Id: 82-06-32-022-008.020-029
School Information
  • School District: Evansville-Vanderburgh School Corp.
  • Elementary: Glenwood
  • Middle School: Glenwood
  • High School: Bosse
Parking
  • Number Of Parking Spaces: 2
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.13
  • Lot Dimensions: 52X110
  • Below Grade Unfin Sqft: 610.0
  • Total Square Feet: 3152.0
  • Approx Lot Size Sqft: 5720.0
  • Above Grade Finished Sqft: 2542.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 610.0
  • Total Finished Sqft: 2542.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Irregular
Property and Assessments
  • New Construction: No
  • Year Built: 1894
  • Age: 130
  • Planned Unit Development: No
Utilities
  • Sewer: Public
  • Water Utility: Public
Interior and Exterior Features
Exterior Features
  • Amenities: Water Heater Electric
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 2
  • Number of Gas Meters: 0
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement: Yes
  • Basement/Foundation: Partial Basement
  • Cooling: Central Air
  • Flooring: Carpet, Vinyl
  • Heating/Fuel: Conventional
  • Stories: 2
  • Number of Above Grade Bedrooms: 6
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 6
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 0
  • Total Baths: 2
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 2
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 2
  • Number of Units: 2
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $20,700
  • Annual Insurance Expense: $805
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $18,121
  • Annual Property Tax: $1,774
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $1,725
  • Gross Monthly Rent: $1,725
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 3
  • Unit 1-Currently Rented: Yes
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 504
  • Unit 1-Unit Rent $: $850
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 3
  • Unit 2-Currently Rented: Yes
  • Unit 2-Level: Upper
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 506
  • Unit 2-Unit Rent $: $875
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance
  • Tenant Pays: Electric, Water

Property History for 506 Adams Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 506 Adams Avenue

This home is within Evansville Vanderburgh Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 1 to 12
Public - 1 to 12
Rating
School
Distance
Glenwood Leadership Academy
PublicK to 8

Benjamin Bosse High School
Public9 to 12

Academy For Innovative Studies
Public1 to 12

Harwood Career Prep High School
Public1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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506 Adams Avenue is a multi-family home for sale in Evansville, IN 47713. This property was listed for sale on April 11, 2024 by KELLER WILLIAMS CAPITAL REALTY, it's currently listed at $140,000. It has been on the market for a total of 39 days and was last sold on December 13, 2021. This listing's school district is Evansville Vanderburgh Sch Corp. Nearby schools include Glenwood Leadership Academy, Benjamin Bosse High School and Academy For Innovative Studies. 506 Adams Avenue is a 6-bed, 2-bath, 2,542 sqft multi-family home built in 1894.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS CAPITAL REALTY

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