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14 West Eichel Avenue

14 West Eichel Avenue, Evansville, IN 47710
Multifamily in Jacobsville
Sold Aug 02, 2022
$486,000
$388,800 by Banterra Bank
Mortgage Due Jul 01, 2027
Sold Nov 22, 2017
$206,300
$165,000 by Legence Bank
Mortgage Due Nov 17, 2020
Local assessors in Evansville, IN have categorized 14 West Eichel Avenue as a residential type of property. The home was built in 1899 and is 125 years old. It was most recently renovated and altered in 1957. The property's lot size has been calculated to be 6,728 square feet. The linear feet between the front and back of the lot was measured at 1,340 ft and the front of the lot was measured at 500 ft. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home has been utilizing gas for fuel. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 14 West Eichel Avenue was last sold in Jul 1, 2022 for $486,000. According to our calculations, that's $56.96 per sqft. Prior to that sales transaction, the property was sold for $206,300 in Nov 17, 2017. Current property owners are expected to pay $1,922 in taxes per year. The property on 14 West Eichel Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $92,500. To break that down further, the land itself was valued at $6,700. While improvements to the property were assessed at a total of $85,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1899
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 3
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,728
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 500
  • Total Building Area: 8,532
  • Gross Building Area: 8,532
  • Building Area: 8,532
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: I GARVIN PARK
  • Land Acres: 0.154
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: GARVIN PARK LOTS 13 & 14 BL 10

Ownership

  • Current Owner : W EICHEL LLC
  • Previous Owner : WOODBURN PROPERTIES LLC
  • Owner Before Previous Owner: CUMBERLAND PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Evansville-Vanderburgh School Corporation
  • Census Tract: 002500

Geography

  • Assessors Map Reference: MP 26-60-9
  • Account Number: 114-50-26-0600-09
  • District: 0006
  • Section: C32
  • Parcel: 82-06-20-026-060.009-029
  • Lot: 13-14
  • Municipality: PIGEON TOWNSHIP
  • Latitude: 37.991
  • Longitude: -87.5644

    Address

  • Full Address: 14 W Eichel Ave
  • Address - House Number: 14
  • Street Direction: W
  • Address - Street Name: Eichel
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Evansville
  • Carrier Code: C032
  • 4-Digit Zip Code: 2500
  • Zip Code: 47710

Valuation

    Tax

  • Total Area: 8,532
  • Tax Year: 2022
  • Tax Amount: $1,922

    Appraisal Valuation

  • Standard Deviation: 0.4576
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 8
  • Final Value: 112,785
  • High Value: 164,397
  • Low Value: 61,172

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,800
  • First Open Lien Mortgage Lender: BANTERRA BANK
  • First Open Lien Mortgage Recording Date: Aug 02, 2022
  • First Open Lien Mortgage Loan Amount: $388,800
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2027

    Market Valuation

  • Market Total Value: $92,500
  • Market Land Value: $6,700
  • Market Improvement Value: $85,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,500
  • Assessed Land Value: $6,700
  • Assessed Improvements Value: $85,800

    Sales

  • Current Sale Contract Date: Jul 01, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Transaction ID: 11893354996
  • Current Sale Price: $486,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18907
  • Previous Sale Recording Date: Nov 22, 2017
  • Previous Sale Contract Date: Nov 17, 2017
  • Previous Sale Amount: $206,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANTERRA BANK
  • First Mortgage Transaction Date: Aug 02, 2022
  • First Mortgage Loan Amount: $388,800
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jul 01, 2027

    Previous Mortgages

  • Previous Mortgage Lender: LEGENCE BANK
  • Previous Mortgage Transaction Date: Nov 22, 2017
  • Previous Mortgage Loan Amount: $165,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Nov 17, 2020

About Evansville North Side



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Frequently Asked Questions

What neighborhood is 14 West Eichel Avenue located in?
The 14 West Eichel Avenue is a multifamily located in the neighborhood of Jacobsville in Evansville North Side, Evansville.
What is the average sales price for listings in 14 West Eichel Avenue?
The average sales price for units in 14 West Eichel Avenue is $0 currently.

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