2221 West Franklin Street

2221 West Franklin Street in Evansville, IN was first built in 1909 and is 115 years old. Although, the building on the property was most recently renovated and altered in 1972. This has been categorized as a office property type. There are a total of 2 floors. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,190. In total, the area measurement of the land is 2,975 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. 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 wood 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. 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, 2221 West Franklin Street sold most recently in Oct 28, 2021 for a total of $315,000. If you work out the math, that's approximately a cost of $79.85 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 $3,391 in taxes each year. 2221 West Franklin Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $92,000. If we break it down further, the land itself was valued at $11,900. Improvements to the property, however, were assessed at a total of $80,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.