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$390,000 ↓$59,900on 8/30/2024

124 Main Street Vincennes, IN  47591

Property Description for 124 Main Street Vincennes, IN 47591

Here is your chance to own one of the best locations in downtown Vincennes! Located on Indiana's first main street, this building has a lot of potential. The sale of this property includes the Vincennes Brewing Company, the only licensed Indiana small brewery within 50 miles. The sale would include Bar Equipment, Walk in Cooler in the basement, Tap system, Refrigerators, Water Filtration system, and Fixtures. VBC currently is a functioning business and will remain open while this building is being offered for sale. There is a hair salon on a month to month lease that is added rental income to your day to day operations. This property has a 3rd floor office space, another separate party room on the 2nd floor, and 5 bathrooms on this property. Finally, the potential for expansion is wide open, as the 3rd and 4th floor above the salon are open canvases, with exposed brick walls and windows overlooking Patrick Henry Square, George Rogers Clark Memorial, and the Old Cathedral Church. This large building has a lot to offer, and the opportunity of owning a great Downtown Vincennes Destination! Not included in the sale, but can be transferred are the leased items: Touchtunes jukebox, Dartboards, Golden Tee Golf, Pinball and arcade machines.

Address:124 Main Street Vincennes IN 47591
Status:Active
on site: 233 days
Price:$390,000
Bathrooms:0
Year Built:1890
Lot Size:0.11
County: Knox County
Township: Vincennes
MLS #:202414097
Property Type:Restaurant/Bar

Lot Dimensions:Rectangular
Directions:Just off Corner of 2nd St and Main St. in Vincennes
Basement:Yes

Loan Price
$2,465
Price And Interest $2,034/month
Property Tax $268/month
MTG INS $0/month
HOME INS $163/month
Price
$390,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$268/month
Home Owner Insurance
$1,956 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/30/24 $449,900 $390,000 -13.31%

RoomSizeLevel
Breakfast Room null x 7 Info Not Available
Master Bedroom 3698 x 200 Info Not Available
3rd Bedroom 5 x 4 Info Not Available
Den 1 x 6404 Info Not Available

Semi-Annual Property Tax:$1,607
Tax Year:'23 Pay '24
Mandatory HOA Fee:$

Subdivision: Old Town
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 Tyler Simmons with KLEIN RLTY&AUCTION, INC.

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

165
Avg. DOM
$108.05
Avg. $ / Sq.Ft.
$ 196,475
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 3941 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.