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2017 E Franklin St, Evansville, IN, 47711

3beds
1baths
2,128sqft
$1
$0price/sqft
$195/moest. monthly cost
$7,800/yrincome needed

About This Home

Here's your opportunity to purchase a classic Craftsman bungalow minutes from University of Evansville. Situated in the established Wesselman Park area, this property offers exceptional potential for investors, landlords, flippers, or buyers seeking a home with character and upside. Nearby schools include Harper Elementary, Washington Middle School, and Benjamin Bosse High School. This 3-bedroom, 1-full-bath home offers the timeless charm of a Craftsman. The home includes a full basement with root cellar, natural gas HVAC system installed in 2008 with a history of annual servicing, and a natural gas water heater installed in 2021. Outside, you'll find a fully fenced backyard that is perfect for pets, children, gardening, or outdoor entertaining, as well as a detached garage providing additional storage and parking options. Location is the real selling point. Positioned near schools, parks, shopping, dining, and major city amenities, this property benefits from strong rental demand and long-term investment appeal. Its proximity to University of Evansville makes it an ideal candidate for student housing, faculty rentals, or a dependable income-producing property. Mark your calendar and plan to attend the Open House on Sunday, July 26th from 2-4 PM, then join us onsite Tuesday, August 18th at 6:30 PM for the auction!

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

4/10
Harper Elementary SchoolGrades K-50.3 mi
4/10
Washington Middle SchoolGrades 6-81.3 mi
2/10
Benjamin Bosse High SchoolGrades PK-121.3 mi

Construction

Condition

  • Year built: 1935

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes

Bedroom2

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Bedroom3

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Bedrooms & Bathrooms

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

Features

  • Attic Access,High Speed Internet,Pantry
  • Attic: Access Only
  • Finished area below ground: 0

Heating & Cooling

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

Interior Area

  • Total structure area: 2,128
  • Total interior livable area: 2,128 sqft

Kitchen

  • Level: Main
  • Area: 154
  • Dimensions: 14X11

Living Room

  • Level: Main
  • Area: 210
  • Dimensions: 15X14

Master Bedroom

  • Level: Main
  • Area: 168
  • Dimensions: 14X12

Property

Details

  • Parcel number: 820622012001008027
  • Special condition: As Is,Auction
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered
  • Fencing: Fenced,Full

Lot

  • Lot size: 6,969 sqft
  • Features: Curbs,Sidewalks

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $0$0
Home Insurance *$0$0
Property Taxes $0$0
Electricity $195$2,340
Total$195$2,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$6,685/yr
40% on housing$5,850/yr
45% on housing$5,200/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

$0This listing

vs Other Active Listings

Avg $/sqft

ZIP 47711$86
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)

Price History

No price history available

Unknown Listed By

AgentHannah Knotts
BrokerageFreije Real Estate

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