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$499,000 ↓$76,000on 10/24/2024

20 N 3rd Street Vincennes, IN  47591

Property Description for 20 N 3rd Street Vincennes, IN 47591

Numerous opportunities present in this 3 story, 22,000 sq. ft building. Prime location in historic downtown Vincennes! Just one block from Main St, between Vincennes University and Good Samaritan Hospital, the former home of Old National Bank has its own parking lot with 5 current spaces and room to add several more. Many updates in the last few years including new roof, new boilers, new chillers, and many interior updates. This property is in excellent condition! Floor to ceiling windows on main floor add plenty of natural light and stunning class to the lobby area, as well as a pleasant view of downtown pocket park just across the street. Passenger elevator in great condition makes it easy to access all floors which house over 80 offices, conference rooms and reception areas! Multiple redevelopment opportunities, including mixed-use retail, housing, office space, or even a downtown hotel... the sky is the limit! Last sold in 2007 for 3.1 million dollars and priced GREATLY under last appraised value; sellers are offering a steal of a deal!

Address:20 N 3rd Street Vincennes IN 47591
Status:Active
on site: 334 days
Price:$499,000
Bathrooms:0
Year Built:1966
Lot Size:0.43
County: Knox County
Township: Vincennes
MLS #:202400228
Property Type:Office

Lot Dimensions:RECT
Directions:Go west on 2nd St, turn left on Busseron, on corner in first block.
Basement:Yes

Loan Price
$5,238
Price And Interest $2,603/month
Property Tax $2,427/month
MTG INS $0/month
HOME INS $208/month
Price
$499,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$2,427/month
Home Owner Insurance
$2,496 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/24/24 $575,000 $499,000 -13.22%
05/29/24 $599,900 $575,000 -4.15%

RoomSizeLevel
Master Bedroom 7000 x 21000 Info Not Available
3rd Bedroom 9 x 3 Info Not Available
Den 1 x 21000 Info Not Available

Semi-Annual Property Tax:$14,563
Tax Year:22 pay 23
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47591

Customer Service Evansville, REALTOR®/Broker, F. C. Tucker Company
Customer Service Evansville
Additional Phone (812) 402-0200
F.C. Tucker Company

Listing provided courtesy of Kristi Ritz with KNOX COUNTY REALTY, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Vincennes Market Report

167
Avg. DOM
$110.16
Avg. $ / Sq.Ft.
$ 192,450
Med. List Price

The house prices in Vincennes are not dropping at the moment. There has been a increase in price of $30,452.41. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Vincennes are going Up. The average house price is $195,000.00 and the average price per square feet is $110.01 per square feet. At the moment, the amount of homes listed is exactly 224 houses, with 83 with active status, 23 with pending status and 118 sold in Vincennes .

The most popular place to buy a home in Vincennes is Other. Other is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Vincennes .

The average amount of property taxes you would have to pay for a home in Vincennes is $1,987.75. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Vincennes are staying listed for an average of 81 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Vincennes was 6365 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Vincennes is $845,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Vincennes is $42,500.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Vincennes in year 1875 and the newest built house is in year 2024.

The average size of properties in Vincennes is 2194.9 sq.ft. , the biggest one being 7935 sq.ft. and the smaller being 768 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.