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509 Mount Ashley Rd, Evansville, IN, 47711

4beds
3baths
5,124sqft
$549,950
$107price/sqft
$4,188/moest. monthly cost
$167,520/yrincome needed

About This Home

Welcome to this exceptional, custom-built residence situated on a peaceful cul-de-sac on Evansville’s desirable north side. Offering 4 bedrooms, 2.5 baths, and more than 5,000 square feet of thoughtfully designed living space, this home showcases quality craftsmanship and attention to detail throughout. From the moment you enter, the warm wood flooring and inviting entryway set the tone for the comfort and elegance found within.The main level features an open floor plan with cathedral ceilings, a ventless fireplace, and a spacious dining area. The kitchen offers new appliances, a convenient bar-seating area, and an impressive walk-in pantry with exceptional storage. Nearby, the laundry room provides abundant light, nice storage , and a convenient built-in ironing board. The main-level owner’s suite includes its own fireplace and a recently updated ensuite bath with a soaking tub, walk-in tiled shower, and a third fireplace for a resort-style retreat. A second bedroom and full hall bath complete the main floor. The lower level is designed for entertaining, featuring a large family/rec room, stunning bar area, and two additional spacious bedrooms. The half bath on this level also functions as a tornado/safe room with a steel door for peace of mind. The pool, pool house, play area, deck and HUGE Garage with the through and through doors, round out the Greatness of the backyard and is attractive for those who desire storage and room for several vehicles. This home offers space, function, style, and comfort — all in a desirable and private north side location.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

7/10
9/10
Thompkins Middle SchoolGrades 6-83.5 mi
7/10
Central High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 2002

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Electric Range,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Finished,Block,Concrete

Bedroom1

  • Level: Upper

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Upper
  • Area: 396

Family Room

  • Level: Lower
  • Area: 1155

Features

  • Cathedral Ceiling(s),Ceiling Fan(s),Natural Woodwork,Open Floorplan,Pantry,Main Level Bedroom Suite
  • Flooring: Hardwood,Carpet
  • Number of fireplaces: 2
  • Fireplace features: Other
  • Fireplace: Yes
  • Finished area below ground: 2,562
  • Finished area above ground: 2,562

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 5,124
  • Total interior livable area: 5,124 sqft

Kitchen

  • Level: Upper
  • Area: 260

Living Room

  • Level: Upper
  • Area: 504

Property

Details

  • Parcel number: 820420002679.010019

Features

  • Levels: Bi-Level
  • Patio & porch: Deck,Porch
  • Exterior features: Basketball Goal
  • Fencing: Wood

Lot

  • Lot size: 0.62 Acres
  • Features: Cul-De-Sac,City/Town/Suburb,Landscaped
  • Lot size dimensions: 157x172.2

Parking

  • Total spaces: 4
  • Parking features: Attached,Garage Door Opener,Concrete
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

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

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

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

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 $2,780$33,360
Home Insurance *$412$4,944
Property Taxes $527$6,324
Electricity $469$5,636
Total$4,188$50,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$143,588/yr
40% on housing$125,640/yr
45% on housing$111,680/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

$107This listing

vs Other Active Listings

Avg $/sqft

ZIP 47711$84
Vanderburgh County$95

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
2026-05-08Price change$565,000
2026-02-26Price change$575,000
2025-12-05Price change$585,000
2025-11-15Price change$590,000
2025-10-25Listed for sale$595,000
2025-09-25Listing removed$599,999
2025-08-21Price change$599,999
2025-08-11Price change$600,000
2025-07-23Price change$650,000
2025-06-12Price change$685,000
2025-05-14Listed for sale$699,000
2024-11-21Listing removed--
2024-10-01Price change$699,000
2024-08-28Price change$739,000
2024-08-17Listed for sale$758,000

For Sale by Agent

AgentTonia Stofleth
BrokerageKELLER WILLIAMS CAPITAL REALTY

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