1418 West Franklin Street

1418 West Franklin Street in Evansville, IN was first built in 1869 and is 155 years old. Although, the building on the property was most recently renovated and altered in 1982. This has been categorized as a commercial property type. There are a total of 3 floors. The linear feet across the front of the lot is 230 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 3,485 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with other control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. As for heating, the home is utilizing gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $362,500 in Sep 27, 2021. Current property owners are expected to pay $2,176 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1418 West Franklin Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $124,500. To break that down further, the land itself was valued at $7,000. While improvements to the property were assessed at a total of $117,500. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.