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$170,000   Price Analysis
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524 Madison Ave
Evansville, IN 47713
3 bed 1 bath 2,520 SqFt ($67/SqFt)
5,009SqFt lot. Built 1909
Listed 2023-06-19, Taxes $395
USDA Eligible
near Evansville, IN
 Restrictions may apply
due to home size

Investment opportunity.

* Sale Pending *

A package of two single family homes, two residential lots and one commercial lot. 524 Madison, 522 Madison, 520 Madison and 516 Madison are setting beside each other with a total land square footage of 15, 700 SqFt or 0.360 acres. 601 Madison is cross the street commercial lot 3240SqFt (0.0666 Acres). 524 Madison is tenant occupied 3 bedrooms 1 bath 3186 sqft and detached garage 31' x 18'.

Tenant pays on a month to month bases including all utilities. 516 Madison is vacant and needs some TLC to be able to turn it to an investment property. 51 6 Madison offers 3069 sqft 3 bedroom and 1 bath sngle family home with potentially 4th bedroom upstairs and 22' x 24' detached garage. Seller is selling the entire package and will not sell different parcels.


Presented by TK Alnatsheh at
Era First Advantage Realty, Inc.
Listing Agent Photo

Property MLS #202321004 from IRMLS

Bedrooms: 3

Total Bathrooms: 1 / 0
Full Bathrooms: 1

Cooling Features: Central Air
Heating Features: Gas, Forced Air, Hot Water

Furnished Description: Building, Land
Flooring: Wood

Basement Description: Crawl, Full Basement

Lot Description: Corner
Lot Size Acres: 0.1149908
Lot Size Dimensions: 50' x 100'
Lot Size Square Feet: 5009

Garage Spaces: 1

Elementary School: Glenwood
High School: Bosse
Middle School: Glenwood
School District: Evansville-Vanderburgh School Co

Glenwood Leadership Academy is a public elementary and middle school located approximately 0.8 miles away.
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Benjamin Bosse High School is a public high school located approximately 1 miles away.
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Peek-A-Boo Palace Childcare is a private elementary school located approximately 0.2 miles away.
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Number of Units: 1
Number of Studio Units: 1

Income Includes: 9000
Lease Term: Month to Month
Tenant Pays: Electric, Maintenance, Sewer, Trash Collection, Water

Community Features: Basement, Fenced Yard, Attic Storage, Water Heater Gas

Annual Tax Amount: 408.32
Source Listing Status: Pending
County: Vanderburgh County
Directions: From Washington Avenue turn right on Garvin then left on Madison Ave.
Tax Year: 2022
Source Property Type: INVESTMENT
Owner Pays: Tax
Parcel Number: 82-06-32-022-024.010-029
Township: Pigeon
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$9,100 + $8,700
$17,800
$395
2020$9,100 + $8,700
$17,800
$386
2019$9,100 + $8,700
$17,800
$384
2018$9,000 + $8,700
$17,700
$385
2018$9,100 + $8,700
$17,800
$385
2017$9,100 + $9,100
$18,200
$385
2016$8,800 + $9,100
$17,900
$387
2015$8,700 + $9,100
$17,800
$391
2013$8,800 + $9,100
$17,900
$605
2012$8,800 + $9,100
$17,900
$617
2011$6,800 + $11,000
$17,800
$362
2010$6,600 + $11,000
$17,600
$352
2008$6,700 + $11,400
$18,100
$451

Listed 2023-06-19
$170,000
IRMLS
Listing removed 2014-09-16
$71,500
SIAR
Relisted 2014-07-23
$71,500
SIAR
Listing removed 2014-07-16
$71,500
SIAR
Relisted 2014-05-25
$71,500
SIAR
Listing removed 2014-05-16
$71,500
SIAR
Relisted 2014-03-24
$71,500
SIAR
Listing removed 2014-03-15
$71,500
SIAR
Listing removed 2014-02-26
$71,500
SIAR
Listed 2013-12-21
$71,500
SIAR
Relisted 2013-12-21
$71,500
SIAR
Listing removed 2013-11-16
$71,500
SIAR
Relisted 2013-10-15
$71,500
SIAR
Listing removed 2013-08-15
$71,500
SIAR
Price Changed 2013-07-04
$71,500
SIAR
Listing removed 2012-10-15
$75,400
SIAR
Listed 2012-10-12
$75,400
SIAR
Price Changed 2012-07-10
$75,400
SIAR
Listed 2012-03-23
$76,900
SIAR
Listing removed 2010-03-09
$25,000
SIAR
Price Changed 2010-02-13
$25,000
SIAR
Listed 2009-10-18
$19,900
SIAR

Net Operating Income: 8591.68

Total Square Feet Living: 2520
Year Built: 1909
Above Grade Finished Area: 1260
Above Grade Unfinished Area: 630
BelowGradeFinishedArea: 1260
Below Grade Unfinished Area: 630
Property Age: 115
Levels or Stories: 1.5
House Style: One and Half Story
Total Area Sqft: 3780
Total Below Grade Area: 1890

Sewer: City, Public
City
Public
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