221 Northwest 5th Street

Local assessors in Evansville, IN have categorized 221 Northwest 5th Street as a office type of property. The home was built in 1909 and is 115 years old. The property's lot size has been calculated to be 32,032 square feet. The linear feet between the front and back of the lot was measured at 1,540 ft and the front of the lot was measured at 2,080 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. 221 Northwest 5th Street is a 3 code building. This 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". 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 average. 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 other 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 221 Northwest 5th Street sold most recently in Feb 1, 2019 for a total of $3,125,000. If you work out the math, that's approximately a cost of $104.92 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $25,548 in taxes each year. 221 Northwest 5th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $800,100. If we break it down further, the land itself was valued at $288,300. Improvements to the property, however, were assessed at a total of $511,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.