2840 Langston Dr Evansville, IN 47725

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3 beds · 2 baths · 1,989 sq ft · Lot Size: 10,890 sq ft · Single Family Home
Est. Property Value: $282,928

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2840 Langston Dr is in the 47725 neighborhood of Evansville, IN. It is located in Vanderburgh County and ZIP code 47725. This Single Family Home was built in 2006 and is approximately 19 years old. The single family home spans 1989 sq ft with 3 bedrooms and 2 bathrooms and sits on a 10890 sq ft lot. According to public records, it was last sold in 2022 for $312,000 and has a tax-assessed value of $301,500, which is $142 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2840 Langston Dr Evansville, IN 47725 with Property Intel by Whitepages.

Owners & Occupancy for 2840 Langston Dr

This property is owned by Patty S Broder. Owner contact information includes 8 phone numbers and 4 email addresses.

Property Owners

OccupationManagerial / Confidential Human Resources City of New Rochelle School District, City School District Of New Rochelle
Cell Phone(812) ***-****View Cell Phone
Residence**************
Landline(812) 649-9664
Distance from Property**********
Email Address*******@nred.orgView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 80
Resident 2************** age 86

Property Financials for 2840 Langston Dr

2840 Langston Dr, Evansville, IN has a mortgage from Peoples Tr & Svgs Bk (orig. August 03, 2022). The Vanderburgh county assessment for 2023 values it at $301,500, with annual taxes of $3,301.

Mortgage & Equity Information

Loan Amount$******
LenderPeoples Tr & Svgs Bk
Origination DateAugust 03, 2022
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date******************
Equity View Equity

Property Tax

Purchase DateAugust 03, 2022
Property Tax Amount$3,301 in 2023
Purchase Price$312,000
Assessed Value$301,500 on 2023

Investment Potential for 2840 Langston Dr

The property has a current estimated value of $282,928, which is 8% above the zip median, based on public records. It last sold on August 03, 2022 for $312K. Projected long-term
is $26,400 annually ($2,200 per month) with a 97% occupancy rate.

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Long-Term

Gross Rental
$26,400 per year($2,200 per month)
Net Operating Income
Cap Rate
Occupancy Rate
97%in 47725 zip code
 
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Property Details for 2840 Langston Dr

Property Details

Property Sq Ft

Living Area

1,989 sq ft

13% above market

Lot Size

10,890 sq ft

9% below market

Price Per Sq Ft

Living Area

$142 / sq ft

6% below market

Lot Size Area

$26 / sq ft

10% above market

Property condition, age, exterior, etc. for 2840 Langs…
Longitude: -87.512168 Latitude: 38.094791 Parcel Number (APN): 82-04-10-009-278.045-030…

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Market Benchmarks

Compare data for 2840 Langston Dr in Vanderburgh County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$282,928
$209,373
$73,556 (35%)
$300,179
$89,695 (30%)
YoY Price Change
3.01%
-213%
Year Built
2006
1972
34 years
Living Space
1,989 sq ft
1,582 sq ft
407 (26%)
$ Per Living Sq Ft
$142
$133
$9 (7%)
Lot Size
10,890 sq ft
12,807 sq ft
-1917 (-15%)
$ Per Lot Sq Ft
$26
$15
$11 (69%)

Net Operating Income
$17,636
-$132 (-1%)
Annual Revenue
$26,400
$24,600
$1,800 (7%)
$6,411
$2,485 (39%)
Net Operating Income
$17,636
-$132 (-1%)
Cap Rate
8.22%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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