501 North 2nd Street

Vincennes, IN 47591

$74,900
Price
3
Beds
1
Bath
1,463 Sq. Ft.
$51 / Sq. Ft.
1,463
Sq. Ft.
$51
per Sq. Ft.

Description

Income producing home with long term tenant! This is a 3 bedroom, 1 bathroom home in Old Town Vincennes that has proven rental history. The current tenant is paying $700/month, has been there over 10 years and has an extended lease until January of 2027. This home has an added bonus, as it formerly had another 2 bedrooms and a bathroom upstairs prior to being closed off. This home has plenty of space and is the perfect investment home to add to your portfolio. Due to the tenant and current lease,...Income producing home with long term tenant! This is a 3 bedroom, 1 bathroom home in Old Town Vincennes that has proven rental history. The current tenant is paying $700/month, has been there over 10 years and has an extended lease until January of 2027. This home has an added bonus, as it formerly had another 2 bedrooms and a bathroom upstairs prior to being closed off. This home has plenty of space and is the perfect investment home to add to your portfolio. Due to the tenant and current lease, this home will not qualify for any government loan types.
  1. Listed by Tyler Simmons • KLEIN RLTY&AUCTION, INC.

Property Details for 501 North 2nd Street

Style
One Story
Architectural Style
Bungalow
Subdivision
Judah & Mantles
Waterfront
No
LISTING UPDATED: 11/05/2024 02:30 PM

Property Details for 501 North 2nd Street

StatusActive
MLS #202414605
Days on Market210
Taxes$811 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Site-Built Home
Year Built1880
Lot Size0.11 AC / 4,792 SF
CountyKnox County

Building Information for 501 North 2nd Street

Stories-Year Built1880Building Size-Lot Size0.11 AC / 4,792 SF

Property Information for 501 North 2nd Street

Summary
Location and General Information
  • Area: Knox County
  • City: Vincennes
  • Zip Code: 47591
  • City Zoning: C2
  • State: IN
  • Township: Vincennes
  • Geo Latitude: 39
  • Geo Longitude: -88
  • Inside City Limits: Yes
  • Fips Code: 18083
  • Directions To Property: From 6th St., and Hart St., head NW on Hart St., turn left on 2nd St., property will be on the left.
  • Location: City/Town/Suburb
Taxes and HOA
  • Annual Taxes: $811
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: '23 Pay '24
  • Parcel Number Id: 42-12-21-112-005.000-022
School Information
  • School District: Vincennes Community School Corp.
  • Elementary: Tecumseh-Harrison
  • Middle School: Clark
  • High School: Lincoln
Parking
  • Garage: No
  • Off Street Parking: No
Property
Lot Information
  • Class: RESIDENTIAL
  • Property Subtype: Site-Built Home
  • Approx Lot Size Acres: 0.11
  • Lot Dimensions: Rectangle
  • Below Grade Unfin Sqft: 366.0
  • Total Square Feet: 1829.0
  • Approx Lot Size Sqft: 4792.0
  • Above Grade Finished Sqft: 1463.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 366.0
  • Total Finished Sqft: 1463.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner, 0-2.9999
  • Outbuilding 1 Length: 8.0
  • Outbuilding 1 Width: 8.0
Property and Assessments
  • New Construction: No
  • Year Built: 1880
  • Age: 144
  • Planned Unit Development: No
Utilities
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Vincennes Water Utilities
  • Water Utility: Public
  • Sewer: Public
Interior and Exterior Features
Exterior Features
  • Amenities: Countertops-Laminate, Dryer Hook Up Electric, Patio Open, Porch Covered, Range/Oven Hook Up Elec, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Washer Hook-Up
  • Common Amenities: Sidewalks
  • Exterior: Vinyl
  • Outbuilding 1: Shed
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt
Interior Features
  • Number of Fireplaces: 1
  • Basement: Yes
  • Basement/Foundation: Crawl, Partial Basement
  • Cooling: Central Air
  • Fireplace: Dining Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Tile
  • Heating/Fuel: Gas, Forced Air
  • Number of Above Grade Bedrooms: 3
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Number of Full Baths Below Grade: 0
  • Number of Full Baths Main: 1
  • Number of Full Baths Upper: 0
  • Number of Half Baths Below Grade: 0
  • Number of Half Baths Main: 0
  • Number of Half Baths Upper: 0
  • Number of Total Rooms: 6
  • Total Number of Bedrooms: 3
  • Total Number of Full Baths: 1
  • Total Number of Half Baths: 0
  • Total Baths: 1
  • Total Number of Rooms Below Grade: 0
Room
Room Information
  • 1st Bedroom Length: 16.0
  • 1st Bedroom Level: Main
  • 1st Bedroom Width: 15.0
  • 2nd Bedroom Length: 12.0
  • 2nd Bedroom Level: Main
  • 2nd Bedroom Width: 10.0
  • 3rd Bedroom Length: 12.0
  • 3rd Bedroom Level: Main
  • 3rd Bedroom Width: 10.0
  • Dining Room Length: 16.0
  • Dining Room Level: Main
  • Dining Room Width: 11.0
  • Kitchen Length: 15.0
  • Kitchen Level: Main
  • Kitchen Width: 14.0
  • Laundry Room Length: 10.0
  • Laundry Level: Main
  • Laundry Room Width: 8.0
  • Living/Great Room Length: 15.0
  • Living/Great Room Level: Main
  • Living/Great Room Width: 14.0

Property History for 501 North 2nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 501 North 2nd Street

Taxable ValueLand$3,900Additions$39,700Total$43,600
Tax Record2023$914 ($76 / month)
Home Facts
Beds3Baths2Total Finished SqFt2,048 SqFtAbove Grade Finished SqFt2,048 SqFtStories1Lot Size5,009 SqFtStyleSingle Family ResidenceYear Built1880Year Renovated1951CountyKNOXAPN42-12-21-112-005.000-022

Schools near 501 North 2nd Street

This home is within Vincennes Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Washington Learning Academy
Public6 to 12

Lincoln High School
Public9 to 12

Frances Vigo Elementary School
PublicPK to 5

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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501 North 2nd Street is a single family home for sale in Vincennes, IN 47591. This property was listed for sale on April 29, 2024 by KLEIN RLTY&AUCTION, INC., it's currently listed at $74,900. This listing's school district is Vincennes Community Sch Corp. Nearby schools include James Whitcomb Riley Elementary School, Washington Learning Academy and Lincoln High School. 501 North 2nd Street is a 3-bed, 1-bath, 1,463 sqft single family home built in 1880.

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 KLEIN RLTY&AUCTION, 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.