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20 N 3rd Street

Vincennes, IN, 47591

  • Price $599,900
  • Sq. Ft.21000
  • MLS #202400228
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! Priced quickly to sell at $599,900!
County
Knox County
Lot Size
0.4310
Year Built
1966
Sq, ft. finished
21,000sq. ft (approx.)
Subdivision
None
Annual Taxes
29125.40
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Kristi Ritz of KNOX COUNTY REALTY, LLC, 812-887-3797.

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Testimonial

Rental Review: Good People. Decent houses. My family and I rented a house with them for 2 years; never experienced a problem with them. If the toilet wasn't working or part of the house needed repair, someone was always available to fix it pretty quick.
A.B.

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Frequently asked questions

What is the Difference between Sale Price & Assessment?
Here is one of the most commonly asked questions at Assessment Notice time: We recently purchased a property, why is it assessed at a different price then the purchase price? This could be due to a couple of reason: First, the motivation of the buyers and sellers can affect sale price. Therefore, when very similar properties are sold during the same time frame, a range of sale prices can result. The market value assessment reflects sales in the middle of this range of prices. As a result, the assessment could be higher or lower than a specific selling price. Second, market values may have changed between valuation day and the date you made your purchase. For example, in some areas, market values have increased since January 1. If this has happened in your area and you  have only recently purchased your property, it is possible that your assessment, while representative of your type of home 3 or 4 months ago, will be lower than your purchase price. The purpose of the assessment roll is not to reflect a single sale price, but to assess all properties at market value on the same valuation date, so that taxation is fairly and uniformly shared.

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Disclaimer

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

Listing Data updated: May 2, 2024, 10:00 pm
IDX information provided by the Indiana Regional MLS

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