508 E Illinois St Evansville IN 47711
Nice 5 Bedroom 2 story Single Family home with many features on 3,810 sq ft lot.
Excellent Investment opportunity , ideal for a large family home or for rental income.
857 sq ft / floor, total 5 bedrooms 1 Bathroom with 115 sq ft front porch and 208 sq ft back deck. 80 sq ft shed at the back.
The property needs a clean-up, repairs and updating and once done offers great potential.
Great location:
The property is located a few minutes' drive of Downtown Evansville Indiana in a nice neighbourhood on a quiet street lined with mature trees. The property is located close to main local facilities and amenities.
Downtown Evansville: 1.5 miles
Deaconess Hospital; 0.9 miles
Evansville Regional Airport: 7.1 miles
Restaurants
Una-Tu Pizza (.3mi),Subway (.3mi), Turoni'sPizzery& Brewery (.3mi), Main Street Brewery/Turoni's (.3mi), China Garden (.3mi), Deerhead Pizza LLC (.4mi), Dilegge's (.4mi), McDonald's (.4mi), Zesto Drive-in (.4mi), Pita + (.4mi), Subway (.5mi), BURGER KING® (.5mi), QP's Carryout (.5mi), BURGER KING® (.5mi), Fred's Bar & Grill (.6mi), Subway (.7mi), Cup & Chaucer Operated By Team (.7mi), Samone's Thai Weight Loss (.8mi), Subway (.8mi), Backstage Bar & Grill (.8mi), DQ Grill & Chill Restaurant (.8mi), Rally's (.8mi), Noble Roman's(.8mi), Milanos Italian Cuisine(.8mi), Vegetable Land (.8mi Hickory Pit Stop Championship BBQ (.9mi), Unplugged Ale House (.9mi), Jaya's (.9mi), Eclipse (.9mi), Lin's Asian Express (1mi), Hacienda Mexican Restaurant (1mi), Angelo's (1mi), SUBWAY (1mi), Talk of the Town Pizza (1mi), DAIRY QUEEN LTD BRAZIER (1mi), Zuki Japanese Hibachi Grill & Sushi Lounge (1mi)
Coffee
Kangaroo Express (.7mi), The Wired Venue (.9mi), Morning Call Coffee Service Inc (.9mi), Lucid (1.1mi), Salad World Grill (1.1mi), Penny Lane Coffeehouse (1.2mi), Arnolds (1.2mi), Donut Bank Bakery and Coffee Shop=1.4mi), Coffee Cottage &Café=1.7mi), Kangaroo Express (1.9mi), Thorntons (2.3mi), Donut Bank Bakery & Coffee Shop (2.3mi),
Bars
Jimtown Bar (.2mi), 7-Eleven (.2mi), Jerraco's Tavern (.3mi), Lucky Lady (.4mi), Becky's Tavern (.5mi), Someplace Else Night Club (.5mi), Al's Corner Pub (.7mi), Doc's (.7mi), Shane & Kelly's Corner Pub (.7mi), Stockyard Inn (.7mi), Bullocks Tavern (.7mi), Bob's Lounge (.9mi),
Groceries
Buehler's IGA (.4mi), Ronnie's Fruit Stand (.4mi), Cut Rate Market (.7mi), Grocery Outlet (.7mi), Charlie's Food Mart (.8mi), Penny John's (1mi), Vanderburgh County Farm Bureau Farmers' Market (1mi), Sam's Food Market & Smoke Shop (1.1mi), Kelly's Food Market (1.3mi), Wesselman's Supermarkets (1.4mi), Save-A-Lot (1.4mi), Wesselman's (1.7mi),
Parks
Willard Park (1mi), Bayard Park (1.1mi), Garvin Park (1.1mi), Goosetown Park (1.3mi), Riverfront Park (1.4mi), Tepe Park (1.4mi), Sunset Park (1.4mi), East Side Park (1.5mi), Akin Park (1.6mi), Lamasco Park (1.7mi), Franklin Park (2mi),
Schools
The Learning Center (.2mi), Delaware Elementary School (.3mi), Joshua Academy (.6mi), Evs Juvenile Correctional Fac School (.7mi), Lincoln Elementary School (.7mi), Signature School Inc (.8mi), Howard Roosa Elementary School (.9mi), St Benedict Cathedral School (1.1mi), St Theresa Elementary School (1.2mi), Reitz Memorial High School (1.3mi), North High School (1.3mi), Benjamin Bosse High School (1.5mi),
Shopping
Nick Nackery (.2mi), Lovers Playground (.4mi), Marathon Food Mart (.6mi), Family Dollar Store (.7mi), Dollar General (.7mi), Virginia T's (.7mi), Adult Book Store (.8mi), Stephan G Sanders Fine Men's Clothier (.9mi), Siegel's Uniforms (.9mi), Modish (.9mi), SuperFresh Store (1mi), Southwest Grafix& Apparel (1mi),
Entertainment
Evansville African American Museum (.7mi), Children's Museum of Evansville (.8mi), Reitz Home Museum (1.1mi), Alhambra Theater (1.3mi), Evansville Museum (1.3mi), USS LST-325 (2.1mi), USS LST Ship Memorial, Inc. (2.1mi), Showplace Cinemas North (2.7mi), Showplace Cinemas East (3.5mi), Showplace Cinemas South (3.6mi), AMC Evansville 16 (4.7mi),
Errands
Integra Bank (.3mi), Old National Bank Banking Centers (.4mi), Melanie A. Watson, Pharm (.4mi), John B. Hays, RPh (.4mi), Johnstone Supply (.5mi), Thomas C. Schwatz, RPH (.7mi), Centurion Federal Credit Union (.7mi), Meredith L. Petty, PharmD (.7mi), Sandleben Pharmacy (.8m)
(walkscore.com)
Demographics (within 3 miles- 2015):
Total population 71,294
% change in population (2010- 2015): +1.19%
% white alone: 78.43%
% Black or African American alone: 15.81%
Household Income: Average $44,060
THIS IS A UNIQUE OPPORTUNITY FOR THE SAVVY BUSINESS OWNER, DEVELOPER OR INVESTOR TO OWN A POTENTIALLY HIGH INCOME PROPERTY AT A DISCOUNTED PRICE IN A GREAT LOCATION.
Great investment opportunity:
realtor.com estimated value: $88,389
Excellent income potential once rehabbed:
5 bedroom houses of this size in this area are renting for about $1,285/ month.
(rentometer.com)
Taxes:
Vanderburgh County, IN: Tax ID: 82-06-20-025-048.014-029
$321.36 of back taxes due and current taxes of $649.77 due by May 10, 2017
PROPERTY IS SOLD AS IS, WHERE IS-
Sold on a Quit Claim Deed with buyer assuming real estate taxes, liens and encumbrances (if any).
Winning bidder must contact the seller within 24 Hours after the close of the auction with full details of the buyer.
Buyer will also be responsible for $500 deed prep and doc fee as well as 8 % premium.
10% non-refundable deposit (minimum $1,000) , auction premium (Minimum $250) and $500 deed preparation and doc fee are due within 48 hours of auction close.
Final Payment to be made within 1 week of the Auction close.
All bidders to do their due diligence. Property is sold on a Quit Claim deed. Buyer assumes real estate taxes, liens and encumbrances (if any). No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. Buyers are responsible for fixing building code violations (if any). Buyers are bound by the Purchase Agreement which is attached under the Due Diligence section. All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.
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