Video tour
$830 Closing Credit¹
#202439838, Tyler Simmons, Listing Office: KLEIN RLTY&AUCTION, INC.
$74,900 List price
501 N 2nd St Vincennes, IN 47591
$889
Closing credit¹
3 beds
1 full
0.1 acres
$51 / sqft
House
Property details
About 501 N 2nd St
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.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air
Lot size0.11 Acres
Year built1880
MLS #202414605
FireplaceDining Rm
Virtual tour
Summary
- MLS Number: 202414605
- Office Name: KLEIN RLTY&AUCTION, INC.
- Office Phone: (812) 890-1827
- Listing Agent: Tyler Simmons
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/23/2025, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$74,900
501 N 2nd St
$889
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $43,600 | $914 |
| 2021 | $36,700 | $742 |
| 2020 | $35,000 | $726 |
| 2018 | $34,700 | $731 |
| 2017 | $34,900 | $736 |
History based on county public records data.
Nearby schools
4
James Whitcomb Riley Elementary School
Public District KG-5
0.7 mi
•1008 Upper 11th St
4
Tecumseh-Harrison Elementary School
Public District KG-5
1.0 mi
•2116 N 2nd St
3
Francis Vigo Elementary School
Public District PK-5
1.1 mi
•1513 Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,865. The most common annual income of people living in Vincennes, IN is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
71%
<35k
29%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
76%
Single, No Kids
11%
Single, with Kids
7%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
39%
18-34 yrs old
32%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
UFC
Pro Wrestling
Where do the neighbors shop?
Family Dollar
Burlington
Stein Mart
Where do the neighbors go to eat?
Church's Chicken
Burger King
Cicis Pizza
What do the neighbors drive?
Cadillac
Buick
Pontiac
What do the neighbors listen to?
Jazz
Urban Contemporary
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 501 N 2nd St
This home is located at 501 N 2nd St in Vincennes, IN and zip code 47591. This home, which was built in 1880, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $74,900.
In January 2025, from all listings sold in Vincennes, IN there were more than 0 sold above asking price, over 8 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Vincennes, IN decreased by 8.2% between December and January 2025.
From Rocket Homes Real Estate and based on county public records data.