4963 E 590 N Patoka, IN 47666

1 bed · 2 baths · 3,032 sq ft · Lot Size: 43,560 sq ft · Single Family Home
Est. Property Value: $175,000
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4963 E 590 N is in the 47666 neighborhood of Patoka, IN. It is located in Gibson County and ZIP code 47666. This Single Family Home was built in 1924 and is approximately 101 years old. The single family home spans 3032 sq ft with 1 bedroom and 2 bathrooms and sits on a 43560 sq ft lot. According to public records, it has a tax-assessed value of $175,000, which is $58 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 4963 E 590 N Patoka, IN 47666 with Property Intel by Whitepages.

4963 E 590 N

Patoka, IN 47666

Neighborhood

Owners & Occupancy for 4963 E 590 N

No contact information is available.

Occupancy

Resident 1************* age 64
Resident 2*********** age 58

Property Financials for 4963 E 590 N

4963 E 590 N, Patoka, IN has no known mortgage. The Gibson county assessment for 2023 values it at $175,000, with annual taxes of $1,570.

Property Tax

Property Tax Amount$1,570 in 2023
Assessed Value$175,000 on 2023

Investment Potential for 4963 E 590 N

The property has a current estimated value of $175,000, which is 182% above the zip median. Projected long-term rental income is $31,200 annually ($2,600 per month) with a 81% occupancy rate.

Discover more Single Family Homes in 47666.

Long-Term

Gross Rental
$31,200 per year($2,600 per month)
Net Operating Income
Cap Rate
Occupancy Rate
81%in 47666 zip code
 
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Property Details for 4963 E 590 N

Property Details

Property Sq Ft

Living Area

3,032 sq ft

155% above market

Lot Size

43,560 sq ft

110% above market

Price Per Sq Ft

Living Area

$58 / sq ft

3% above market

Lot Size Area

$4 / sq ft

19% above market

Property condition, age, exterior, etc. for 4963 E 590…
Longitude: -87.474052 Latitude: 38.440839 Parcel Number (APN): 26-05-47-124-002.638-017…

Recommended Properties in 47666

Discover more single family homes near 4963 E 590 N in Patoka, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 4963 E 590 N in Gibson County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$175,000
$94,800
$80,200 (85%)
YoY Price Change
Year Built
1924
1940
-16 years
Living Space
3,032 sq ft
889 sq ft
2143 (241%)
$ Per Living Sq Ft
$58
$102
-$44 (-43%)
Lot Size
43,560 sq ft
8,775 sq ft
34785 (396%)
$ Per Lot Sq Ft
$4
$8
-$4 (-51%)

Net Operating Income
$11,000
$13,162 (120%)
Annual Revenue
$31,200
$14,400
$16,800 (117%)
$3,364
$3,674 (109%)
Net Operating Income
$11,000
$13,162 (120%)
Cap Rate
11.83%
Home Value Comparison: Property vs. Local and Regional 1-Bed Single Family Home Medians

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