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$34,000 $1,000on 12/10/2023(Pending)

514 S Grand Avenue Evansville, IN  47713

  • 3 Beds
  • 1 Baths
  • 1,764 sq. Ft

Property Description for 514 S Grand Avenue Evansville, IN 47713

Investment Opportunity: Affordable 3 Bedroom, 1 Bath Property with 1764 sqft Welcome to an exciting investment prospect! This property presents a fantastic opportunity for those looking to enter the real estate market at an affordable price point. Priced at $35,000, this 3-bedroom, 1-bathroom gem spans a comfortable 1764 sqft, offering a generous living space for potential tenants or future homeowners. Key Features: Spacious Layout: With 3 bedrooms and 1 bath, this property is well-suited for families or individuals seeking a comfortable living arrangement. Investor's Delight: Priced attractively at $35,000, this property is positioned for those eager to make a sound investment in real estate. Whether you're a seasoned investor or a first-timer, this opportunity should not be overlooked. Potential for Value Appreciation: Explore the potential for value appreciation in this up-and-coming neighborhood. As the area develops, your investment could yield significant returns. Room for Improvement: Unleash your creativity! This property may benefit from some updates and renovations, providing an opportunity to increase its market value. Strategic Location: Consider the property's proximity to key amenities such as schools, shopping centers, and transportation hubs. A strategic location enhances its rental and resale potential. Income Generation: Ideal for those looking to generate rental income. The 3-bedroom configuration appeals to a broad tenant base, enhancing your potential rental yield.

Address:514 S Grand Avenue Evansville IN 47713
Status:Pending
on site: 172 days
Price:$34,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,764
Year Built:1927
Lot Size:0.14
County: Vanderburgh County
Township: Pigeon
School System : Evansville-Vanderburgh
MLS #:202341485
Property Type:Site-Built Home

Lot Dimensions:37x165
Lot Description:Other
Directions:Lincoln east to grand. right on grand house on left
Total Sq. Ft. :1,764
Basement:Yes

Loan Price
$291
Price And Interest $177/month
Property Tax $100/month
MTG INS $0/month
HOME INS $14/month
Price
$34,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$100/month
Home Owner Insurance
$168 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
12/10/23 $35,000 $34,000 -2.86%

RoomSizeLevel
Master Bedroom 10 x 10 Main
2nd Bedroom 10 x 10 Main
3rd Bedroom 10 x 10 Main

Semi-Annual Property Tax:$600
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47713

High School:William Henry Harrison
Middle School:McGary
Elementary School:Caze

Total Sq. Ft.:1,764
Exterior Features:Vinyl
Fuel:Gas
Cool:Central Air
Heat:Gas
Total Rooms:7
Customer Service Evansville, REALTOR®/Broker, F. C. Tucker Company
Customer Service Evansville
Additional Phone (812) 402-0200
F.C. Tucker Company

Schools in 514 S Grand Avenue Evansville, IN  47713


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Listing provided courtesy of Jason Dicken with NextHome Hahn Kiefer Residential

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.



Evansville Market Report

123
Avg. DOM
$119.59
Avg. $ / Sq.Ft.
$ 175,000
Med. List Price

The house prices in Evansville are indeed dropping at the moment. There has been a decrease in price of $16,972.81. 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 Evansville are going Down. The average house price is $178,900.00 and the average price per square feet is $119.89 per square feet. At the moment, the amount of homes listed is exactly 3388 houses, with 329 with active status, 295 with pending status and 2764 sold in Evansville .

The most popular place to buy a home in Evansville is 8207 - Vanderburgh - Pigeon. 8207 - Vanderburgh - Pigeon 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 Evansville .

The average amount of property taxes you would have to pay for a home in Evansville is $1,878.02. 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 Evansville are staying listed for an average of 71 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 Evansville was 95 minutes ago.

At the moment we have 6 open houses that you can visit.

The cost of the most expensive home in Evansville is $1,699,000.00. 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 Evansville is $25,000.00 . 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 Evansville in year 1846 and the newest built house is in year 2024.

The average size of properties in Evansville is 1891.39 sq.ft. , the biggest one being 9227 sq.ft. and the smaller being 480 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.