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$64,900   Price Analysis
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1137 Busseron St
Vincennes, IN 47591
4 bed 2 bath 2,125 SqFt ($30/SqFt)
0.26 acre lot. Built 1891
Listed 2022-06-20, Taxes $1,205
USDA Eligible
near Vincennes, IN
 Restrictions may apply
due to home size

INVESTMENT PROPERTY OPPORTUNITY!!

* No Longer For Sale *
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Features include two rented units with a consistent ren tl history and seller maintenance history.

Tenant in Unit B has access to detached garage. (SEE AGENT REMARKS.)


Presented by Phil Corrona at
Realty One Group Dream.
Listing Agent Photo

Property MLS #202224680 from IRMLS

Bedrooms: 4

Total Bathrooms: 2
Full Bathrooms: 2

Fuel Expense: 2413
Heating Features: Gas, Forced Air

Furnished Description: Building, Land
Flooring: Carpet, Tile, Vinyl, Wood

Basement Description: Crawl, Partial Basement, Unfinished

Lot Description: Level
Lot Size Acres: 0.26
Lot Size Dimensions: RECTANGULAR
Lot Size Square Feet: 11326

Garage Spaces: 2

Elementary School: Vigo
High School: Lincoln
Middle School: Clark
School District: Vincennes Community School Corp.

Lincoln High School is a public high school located approximately 2 miles away.
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Flaget Elementary School is a private elementary school located approximately 0.3 miles away.
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Frances Vigo Elementary School is a public elementary school located approximately 0.3 miles away.
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George Rogers Clark School is a public middle school located approximately 2 miles away.
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Number of Units: 2
Number of 2 Bedroom Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit 1 Total Actual Rent: 725
Unit 2 Total Actual Rent: 700

Income Includes: 17100
Lease Term: Month to Month
Tenant Pays: Cable, Deposit Value, Trash Collection

Maintenance Expense: 132

Community Features: Off Street Parking, Detector-Smoke, Porch Covered, Water Heater Gas

Annual Tax Amount: 652
Source Listing Status: Sold
County: Knox County
Directions: Drive East on Main St, turn left onto N. 12th St; turn left onto Busseron St; 1st house on left.
Tax Year: 2022
Source Property Type: Duplex
Insurance Expense: 652
Source Neighborhood: Caldwell(s)
Owner Pays: Electric, Fuel, Sewer, Water
Parcel Number: 42-12-28-104-012.000-022
Subdivision: Caldwell(s)
Township: Vincennes
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$51,900 + $6,800
$58,700
$1,205
2020$50,100 + $6,800
$56,900
$1,166
2019$48,300 + $6,600
$54,900
$1,156
2019$49,000 + $6,600
$55,600
$1,156
2018$47,800 + $6,600
$54,400
$1,140
2017$47,800 + $6,600
$54,400
$1,133
2016$46,100 + $6,600
$52,700
$1,134
2015$46,000 + $6,600
$52,600
$1,083
2013$50,600 + $4,700
$55,300
$2,177
2012$51,900 + $4,700
$56,600
$1,132
2011$53,200 + $8,900
$62,100
$1,242
2010$37,300 + $8,900
$46,200
$944
2008$42,200 + $8,900
$51,100
$1,535

Sold 2023-03-01
$55,000
IRMLS
Price Changed 2022-12-14
$64,900
IRMLS
Price Changed 2022-09-16
$69,900
IRMLS
Listed 2022-06-20
$73,300
IRMLS

Net Operating Income: 10513.78

Total Square Feet Living: 2125
Year Built: 1891
Above Grade Finished Area: 2125
Below Grade Unfinished Area: 479
Property Age: 132
Levels or Stories: 2
House Style: Two Story
Total Area Sqft: 2604
Total Below Grade Area: 479

Electric Expense: 1140
Sewer: City
City
Water Sewer Expense: 887

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.