115 West Lyndale Avenue

Vincennes, IN 47591

$300,000
Price
8
Beds
4
Baths
3,450 Sq. Ft.
$87 / Sq. Ft.
3,450
Sq. Ft.
$87
per Sq. Ft.

Description

INVESTMENT PROPERTY featuring 2 duplexes with 4 units. Each unit is 2 bedrooms 1 bath with 890 square feet of living space. There are lots of recent updates that were made to some of the units. Both buildings are combined as 1 parcel. This is a great source of income where an investor can capture 4 units at 1 location. Built in 1984. All units have separate utilities that the tenants pay. 2 units have in unit laundry and 2 do not. There is off street parking in the back of the building for the rear...INVESTMENT PROPERTY featuring 2 duplexes with 4 units. Each unit is 2 bedrooms 1 bath with 890 square feet of living space. There are lots of recent updates that were made to some of the units. Both buildings are combined as 1 parcel. This is a great source of income where an investor can capture 4 units at 1 location. Built in 1984. All units have separate utilities that the tenants pay. 2 units have in unit laundry and 2 do not. There is off street parking in the back of the building for the rear units. Total combined monthly net income on this property is $3030. Taxes and Insurance yearly are approximately $4800 combined. All units are fully occupied, in 2 units the tenants have lived here over 3 years. Property address: Front building 115 & 117 W Lyndale Avenue, Rear Building is 119A & 119B.
  1. Listed by Brian Waters • Mentor Listing Realty, Inc.

Property Details for 115 West Lyndale Avenue

Style
One Story
Subdivision
Tindolf & Greens
Waterfront
No
Pet Restrictions
Yes
LISTING UPDATED: 10/15/2024 01:51 PM

Property Details for 115 West Lyndale Avenue

StatusActive
MLS #202435687
Days on Market54
Taxes$2,924 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1984
Lot Size0.27 AC / 11,761 SF
CountyKnox County

Building Information for 115 West Lyndale Avenue

Stories1Residences4Year Built1984Building Size-Lot Size0.27 AC / 11,761 SF

Property Information for 115 West Lyndale Avenue

Summary
Location and General Information
  • Area: Knox County
  • City: Vincennes
  • Zip Code: 47591
  • State: IN
  • Township: Vincennes
  • Geo Latitude: 39
  • Geo Longitude: -88
  • Fips Code: 18083
  • Directions To Property: Off 2nd Street.
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 42-12-15-308-098.000-022
School Information
  • School District: Vincennes Community School Corp.
  • Elementary: Tecumseh-Harrison
  • Middle School: Clark
  • High School: Lincoln
Parking
  • Number Of Parking Spaces: 8
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.27
  • Lot Dimensions: 82x152
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 3450.0
  • Approx Lot Size Sqft: 11761.0
  • Above Grade Finished Sqft: 3450.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 3450.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1984
  • Age: 40
  • Documents Available: Sellers Disclosure
  • Planned Unit Development: No
Utilities
  • Sewer: Public
  • Water Utility: Public
Interior and Exterior Features
Exterior Features
  • Amenities: Water Heater Electric
  • Exterior: Brick
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 4
  • Number of Ranges/Ovens: 4
  • Number of Refrigerators: 4
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Number Water Meters: 4
  • Basement: No
  • Basement/Foundation: Slab
  • Cooling: Central Air
  • Flooring: Carpet, Vinyl
  • Heating/Fuel: Electricity, Forced Air
  • Stories: 1
  • Number of Above Grade Bedrooms: 8
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 8
  • Total Number of Full Baths: 4
  • Total Number of Half Baths: 0
  • Total Baths: 4
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 4
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 4
  • Number of Buildings: 2
  • Number of Units: 4
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $36,330
  • Annual Insurance Expense: $1,876
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $31,530
  • Annual Property Tax: $2,924
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $3,028
  • Gross Monthly Rent: $3,030
Rental
Rental Information
  • Lease Term: Other
  • Owner Pays: Other
  • Tenant Pays: Electric, Heating, Sewer, Water

Property History for 115 West Lyndale Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 115 West Lyndale Avenue

This home is within Vincennes Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Tecumseh-Harrison Elementary School
PublicK to 5

George Rogers Clark School
Public6 to 8

Lincoln High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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115 West Lyndale Avenue is a multi-family home for sale in Vincennes, IN 47591. This property was listed for sale on September 15, 2024 by Mentor Listing Realty, Inc., it's currently listed at $300,000. This listing's school district is Vincennes Community Sch Corp. Nearby schools include Tecumseh-Harrison Elementary School, George Rogers Clark School and Lincoln High School. 115 West Lyndale Avenue is a 8-bed, 4-bath, 3,450 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mentor Listing Realty, Inc.

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.