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725 Ravenswood Dr, Evansville, IN, 47713

3beds
2baths
1,118sqft
$85,000
$76price/sqft
$943/moest. monthly cost
$37,720/yrincome needed

About This Home

Rare opportunity to acquire a portfolio of single-family homes located throughout Evansville, Indiana. The properties feature very low vacancy rates and many long-term occupants. Seller has maintained detailed financial and maintenance records, which are available upon request. Properties may be purchased as the entire portfolio (28 homes), in smaller package offerings, or individually, providing flexibility for a variety of purchasing needs. Don’t miss this opportunity to expand your investment portfolio!

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

4/10
2/10
Benjamin Bosse High SchoolGrades PK-120.9 mi

Construction

Condition

  • Year built: 1929

Materials

  • Construction materials: Aluminum Siding,Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Electric Range

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 143

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,118

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,677
  • Total interior livable area: 1,118 sqft

Kitchen

  • Level: Main
  • Area: 143

Living Room

  • Level: Main
  • Area: 168

Property

Details

  • Parcel number: 820632023090.039029

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch Covered

Lot

  • Lot size: 5,227 sqft
  • Features: Level,City/Town/Suburb
  • Lot size dimensions: 41X128

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Earthquake
Tornado
Winter Weather
Cold Wave
Heat Wave
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $429$5,148
Home Insurance *$187$2,244
Property Taxes $143$1,716
Electricity $184$2,212
Total$943$11,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$32,331/yr
40% on housing$28,290/yr
45% on housing$25,146/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$76This listing

vs Other Active Listings

Avg $/sqft

ZIP 47713$73
Vanderburgh County$96

vs Homes Sold Last Month

Median $/sqft

ZIP 47713$55
Vanderburgh County$139

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-10Price change$85,000
2026-06-02Listed for sale$89,000
2026-05-01Listing removed$95,000
2025-10-27Listed for sale$95,000
2014-02-12Listing removed$19,900
2014-01-13Listed for sale$19,900

For Sale by Agent

AgentRebecca M Demastus
BrokerageERA FIRST ADVANTAGE REALTY, INC

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