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514 E Illinois St, Evansville, IN, 47711

3beds
1baths
1,120sqft
$76,900
$69price/sqft
$785/moest. monthly cost
$31,400/yrincome needed

About This Home

Must have at least 48 Hours' notice. Must have accepted offer Subject to Buyers Walk-Thru Attention Investors this is a package of 15 Properties. See the list on Addendum. 1011 Cherry St rents for $875.00. 1023 Cherry St rents for $973.00. 1105 E Gum St rents for $990.00. 1106/1108/1110 Rents for $2038.00. 1114 Cherry rents for $1050.00. 1130 S Grand rents for $983.00. 1219 S Linwood 2 units Rents for $1,720.00. 1301 & 1303 E Sycamore St Rents for $500.00 & 778.00 1712 Culverson rents for $990.00. 1829 Marshall rents for $801.00. 202 Waggoner Ave Rents for $788.00. 514 E Illinois Rents for $1,265.00. 764 Cross rents for $974.00. Total for package is 1,500.000

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

4/10
Lincoln SchoolGrades K-80.7 mi
8/10
New Tech InstituteGrades 9-122.7 mi
7/10
Central High SchoolGrades 9-123.6 mi

Construction

Condition

  • Year built: 1919

Materials

  • Foundation: Slab
  • Construction materials: Wood Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,120

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,120
  • Total interior livable area: 1,120 sqft

Property

Details

  • Parcel number: 820620025048.011029

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 3,088 sqft
  • Features: Level
  • Lot size dimensions: 30X127

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

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Earthquake
Ice Storm
Strong Wind
Tornado

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 $388$4,656
Home Insurance *$57$684
Property Taxes $156$1,872
Electricity $184$2,212
Total$785$9,420
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,914/yr
40% on housing$23,550/yr
45% on housing$20,933/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

$69This listing

vs Other Active Listings

Avg $/sqft

ZIP 47711$85
Vanderburgh County$96

vs Homes Sold Last Month

Median $/sqft

ZIP 47711$132
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
2026-05-06Listed for sale$76,900
2010-08-27Listing removed$25,000
2010-07-02Price change$25,000
2009-09-29Listed for sale$34,900
2004-05-04Sold$17,100

For Sale by Agent

AgentCharles L Butler
BrokerageKELLER WILLIAMS CAPITAL REALTY

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