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315 E Michigan St, Evansville, IN, 47711

3beds
1baths
1,231sqft
$139,900
$114price/sqft
$1,234/moest. monthly cost
$49,360/yrincome needed

About This Home

This beautifully updated 3-bedroom home has been revamped inside and out and features new flooring, new appliances, and more. The spacious floor plan offers a large great room, providing plenty of space to relax or entertain. The updated kitchen includes new countertops, new stainless steel appliances, new shelving, and a pantry. The main level also features two spacious bedrooms and an updated full bath. Upstairs you will find an additional bedroom and large unfinished walk in attic. Outdoor living is easy with a newly installed covered front porch and a large backyard with off street parking. Conveniently located with easy access to shopping, dining, and schools.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

4/10
Lincoln SchoolGrades K-80.8 mi
7/10
Central High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1894

Materials

  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Range/Oven Hook Up Gas,Dishwasher,Microwave,Refrigerator,Gas Range
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Partial,Unfinished

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Ceiling-9+,Stand Up Shower,Custom Cabinetry
  • Flooring: Vinyl
  • Fireplace features: None
  • Attic: Storage
  • Finished area below ground: 0
  • Finished area above ground: 1,231

Heating & Cooling

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

Interior Area

  • Total structure area: 1,331
  • Total interior livable area: 1,231 sqft

Kitchen

  • Level: Main
  • Area: 210

Living Room

  • Level: Main
  • Area: 255

Property

Details

  • Parcel number: 820620025036.007029

Features

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

Lot

  • Lot size: 3,484 sqft
  • Features: Level,0-2.9999
  • Lot size dimensions: 28x127

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 $707$8,484
Home Insurance *$104$1,248
Property Taxes $239$2,868
Electricity $184$2,212
Total$1,234$14,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,308/yr
40% on housing$37,020/yr
45% on housing$32,906/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

$114This 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)

Price History

DateEventPrice
2026-08-13Price change$137,500
2026-07-08Price change$139,900
2026-06-16Price change$145,000
2026-05-28Price change$147,500
2026-05-14Listed for sale$149,900

For Sale by Agent

AgentPenny Crick
BrokerageERA FIRST ADVANTAGE REALTY, INC

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