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500 E Michigan St, Evansville, IN, 47711

$65,000

Home List Price

$772*

Closing Credit

2 Bedrooms
1 Full Bath
$71/SqFt
House

Location

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500 E Michigan St, Evansville$65,000

Buyer Closing Credits

$772*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1899
HeatingNatural Gas
CoolingCentral Air
MLS #202433871
Lot Size0.08 Acres
StatusActive

About 500 E Michigan St

Attention investors!!! Looking for your next rental? This is the one!

Property Details

Property Features

Property Information:

  • Year Built: 1899

Listing Office:

  • Office Name: RE/MAX REVOLUTION
  • Office Phone: (812) 773-9813
  • Listing Agent: Andrea Clark

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Vinyl

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • New Tech Institute, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Lincoln School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Between N Governor St and N Garvin St. Property located on the corner of Elliott & ME Michigan St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,000
  • Price Per SqFt: $71/SqFt

Tax Information:

  • Annual Amount: $851
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$186K

Med. Price/SqFt

$131

Avg. Days On Market

97

# of Sold Homes

201

500 E Michigan St vs Evansville

43 DAYS ON ROCKET

-54 Days

$65,000

-$121K Less

$71/SqFt

-$61 Less

KEY TAKEAWAY

This property is $121K less than the Median Sold Price and $61/SqFt less than other homes in Evansville, IN.

Based on homes sold in September 2024

MLS Details

MLS Information:

  • MLS Number: #202433871

Listing Office:

  • Office Name: RE/MAX REVOLUTION
  • Office Phone: (812) 773-9813
  • Listing Agent: Andrea Clark

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: 10/18/2024, 12:20:50 AM 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$851$38,800
2019$855$39,100
2017$850$38,600

History based on county public records data.

Payment Calculator

$392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

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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.

Middle School

school-card-donut-566204
3
/10
  • Lincoln School

  • 635 Lincoln Ave

  • 0.83 miles

  • Public District Grades KG-8

High School

school-card-donut-566205
4
/10
  • New Tech Institute

  • 1901 Lynch Rd

  • 2.57 miles

  • Public District Grades 9-12

school-card-donut-566206
4
/10
  • Central High School

  • 5400 N 1st Ave

  • 3.48 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,296. 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 500 E Michigan St

What is the listing price of this property?

The listing price of 500 E Michigan St property is $65,000.

What type of property is this?

The property 500 E Michigan St is a house located in Evansville, Indiana, 47711.

Is this property for sale now?

Active Listing: 500 E Michigan St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 500 E Michigan St are:
Lincoln School: GreatSchools Rating 3/10
New Tech Institute: GreatSchools Rating 4/10
Central High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $851 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 500 E Michigan St has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 500 E Michigan St is 1899.

Rocket Homes›Indiana›Vanderburgh County›Evansville›47711›500 E Michigan St

This home is located at 500 E Michigan St in Evansville, IN and zip code 47711 in the Jacobsville neighborhood. This home was built in 1899. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $65,000.

While more than 37 listings in Evansville, IN in September 2024 were sold above asking price, there were more than 44 listings sold at asking price, and more than 90 were sold below. The inventory of homes for sale in Evansville, IN between August 2024 and September 2024 increased by 25.6%. While the average time on the market in September 2024 was 97 days, the median list price was $186,000.

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

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