new - 1 day on rocket

28 E Powell Ave, Evansville, IN, 47713

$315,000

Home List Price

$3,741*

Closing Credit

5 Bedrooms
3 Full Baths
$102/SqFt
House

Location

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28 E Powell Ave, Evansville$315,000

Buyer Closing Credits

$3,741*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1889
HeatingNatural Gas, Forced Air, Multi Unit(s)
CoolingCentral Air, Multi Unit(s)
FireplaceExtra Rm, Living/Great Rm
MLS #202447754
Lot Size0.21 Acres
StatusActive

About 28 E Powell Ave

Investment Opportunity: Fully Renovated Tri-Plex in Desirable Haynie's Corner Art District Nestled in the vibrant Haynie's Corner Art District and in close proximity to the IU Medical School, this meticulously renovated tri-plex presents an exceptional real estate investment with turn-key appeal and comprehensive upgrades. The property boasts three distinct units totaling 2,841 rentable square feet, offering versatility and strong income potential for discerning investors. The main level features Unit A, a 1,316 sq ft two-bedroom unit, complemented by two upstairs units: Unit B, a 913 sq ft two-bedroom space, and Unit C, a 612 sq ft one-bedroom apartment. Each unit has been designed with quality finishes, including wood cabinetry, Formica countertops, and convenient washer and dryer hookups. Recent renovations demonstrate a comprehensive approach to property improvement, with upgrades spanning every critical system and surface. The property features a complete roof replacement, modernized HVAC system, newer water heaters, updated windows, refreshed siding, and full electrical and plumbing system overhauls. Interior improvements include new flooring, lighting, fully remodeled kitchens with tile floors, upgraded bathrooms, and newer appliances. A dedicated 4-car off-street parking lot provides additional value and convenience, addressing a need in this area. The property's positioning in the heart of the Haynie's Corner Art District, coupled with its proximity to the IU Medical School, makes it an option for medical professionals, students, and art community members seeking a well-maintained, centrally located residence. This tri-plex is an investment opportunity with a blend of modern upgrades, strategic location, and versatile unit configurations.

Property Details

Property Features

Property Information:

  • Year Built: 1889

Listing Office:

  • Office Name: KELLER WILLIAMS CAPITAL REALTY
  • Office Phone: (812) 568-0474
  • Listing Agent: Troy White

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate, Tile
  • Fireplace: Extra Rm, Living/Great Rm

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Vinyl

Virtual/3D Tour

  • Virtual Tour: 28 E Powell Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Multi Unit(s)
  • Cooling: Central Air, Multi Unit(s)

Other

Directions Information:

  • Directions: Located between 4th St and 6th St on Powell Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $315,000
  • Price Per SqFt: $102/SqFt

Tax Information:

  • Annual Amount: $503
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Evansville, IN.

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Evansville, IN

City

Med. Sold Price

$200K

Med. Price/SqFt

$134

# of Sold Homes

209

28 E Powell Ave vs Evansville

1 DAY ON ROCKET

$315,000

+$115K More

$102/SqFt

-$32 Less

KEY TAKEAWAY

This property is $115K more than the Median Sold Price and $32/SqFt less than other homes in Evansville, IN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #202447754

Listing Office:

  • Office Name: KELLER WILLIAMS CAPITAL REALTY
  • Office Phone: (812) 568-0474
  • Listing Agent: Troy White

IDX 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. ©2011-2024 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: 12/21/2024, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$503$49,600
2019$528$23,000
2017$529$24,000

History based on county public records data.

Payment Calculator

$1,640

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-768921
5
/10

  • Delaware Elementary School

  • 700 N Garvin St

  • 1.37 miles

  • Public District Grades KG-6

school-card-donut-768922
3
/10

  • Joshua Academy

  • 1230 E Illinois St

  • 1.58 miles

  • Public Charter Grades KG-6

school-card-donut-768923
4
/10

  • Harper Elementary School

  • 21 S Alvord Blvd

  • 2.24 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,310. Most Evansville, IN residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 28 E Powell Ave

What is the listing price of this property?

The listing price of 28 E Powell Ave property is $315,000.

What type of property is this?

The property 28 E Powell Ave is a house located in Evansville, Indiana, 47713.

Is this property for sale now?

Active Listing: 28 E Powell Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $503 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 28 E Powell Ave has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 28 E Powell Ave is 1889.

Rocket Homes›Indiana›Vanderburgh County›Evansville›47713›28 E Powell Ave

This home is located at 28 E Powell Ave in Evansville, IN and zip code 47713 in the Blackford's Grove neighborhood. This home was built in 1889. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $315,000.

In November 2024 more than 39 listings in Evansville, IN were sold above the asking price. During the same period more than 38 listings were sold at asking price, while more than 106 were sold below. The inventory of homes for sale in Evansville, IN between October 2024 and November 2024 increased by 1.9%.

From Rocket Homes Real Estate and based on county public records data.

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