1140 Covert Ave · Evansville, IN 47714

$134,500

2 bd · 1.0 ba · 1,056 sqft · SingleFamily public records · 12 Days on market

Built 1925 4,356 sqft lot Est $137k · at est.

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +12.8/30.0
• ARV discount +8.4/15.0
• Rent growth +4.5/5.0
• DSCR +3.8/10.0
• Schools +3.3/10.0
• Livability +3.2/5.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming bungalow nestled in a convenient neighborhood. This cozy home boasts an open concept layout with two bedrooms, one bathroom, and ample storage space throughout. Enjoy relaxing on the covered front porch or entertaining on the back deck. Additional features include a full basement, dining room, and a convenient two-car garage. Perfect for those seeking comfort and functionality in their living space. The backyard is fenced-in, for added comfort. This home also offer alley access, providing convenient entry to the Two-car garage, at the rear of the property. Beautiful sky-lights in bathroom and Main bedroom bring lots of natural light. Security system installed, including cameras. Home is being Sold "AS-IS"

Key facts

• 4,356 sq ft lot
• 2 garage spots
• Built 1925

Property features AI

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence (site-built); One story
• Construction: Vinyl siding
• Exterior features: Level lot; Lot dimensions approximately 37 x 120

Interior

• Kitchen: Refrigerator; Gas range
• Bedrooms: 8 total rooms (bedroom count not specified)
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: Window treatments; Full, partially finished basement
• Laundry & utility: Washer and dryer; Laundry located in the basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $134k.

Deal economics

• At list price, monthly cash flow is $-12 ($-138/yr) — negative.
• To cash-flow at today's rent, offer at most $132k (1.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $102k (24.4% below list).
• Recommended offer: $102k (24.4% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 4.6% in Evansville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 63/100 on livability (#416 in IN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, commute F, employment D-.
• Evansville Vanderburgh School Corporation (urban): math 36% / reading 43% proficiency, ranked #153 of 301 in IN (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Glenwood Leadership Academy (math 10% / reading 12%, grade F, #909 of 994 statewide, top 92%, 416 students, 88% FRL); Washington Middle School (math 14% / reading 24%, grade F, #274 of 330 statewide, top 83%, 353 students, 70% FRL); New Tech Institute (math 34% / reading 74%, grade C-, #79 of 369 statewide, top 26%, 275 students, 40% FRL) — zoned schools average 66% FRL vs 50% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+7.9%/yr); 191 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 508 units permitted in Vanderburgh County in 2024 (32 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $930 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 10 sale attempts since 9y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $101,638 (24.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.76% ✗
• Cap rate: 6.19%
• Cash-on-cash: -0.37%
• DSCR: 0.98
• GRM: 11.0

CMA / ARV

• ARV (on-the-fly): $137,280
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1059 Waggoner Ave	0.16mi	2/2.0	1,150 (+9%)	2mo	$125,000	$109	72
1401 Lodge Ave	0.33mi	3/1.0 (+1)	990 (-6%)	0mo	$145,000	$146	69
1107 S Evans Ave	0.61mi	2/1.0	1,096 (+4%)	1mo	$100,000	$91	64
711 Waggoner Ave	0.51mi	2/1.0	991 (-6%)	1mo	$45,000	$45	64
1921 Shadewood Ave	0.58mi	3/1.0 (+1)	1,037 (-2%)	3mo	$135,000	$130	62
1810 Cass Ave	0.67mi	2/1.5	1,080 (+2%)	4mo	$125,000	$116	59
1410 Sweetser Ave	0.44mi	2/1.0	928 (-12%)	1mo	$165,000	$178	59
1425 Covert Ave	0.36mi	3/1.0 (+1)	1,183 (+12%)	1mo	$118,000	$100	57
1114 S Englewood Ave	0.64mi	3/1.0 (+1)	1,108 (+5%)	2mo	$154,000	$139	56
1317 S Linwood Ave	0.59mi	2/1.5	975 (-8%)	4mo	$135,000	$138	54
1108 E Blackford Ave	0.56mi	2/1.0	1,176 (+11%)	3mo	$48,500	$41	52
613 Madison Ave	0.72mi	3/1.0 (+1)	1,176 (+11%)	4mo	$165,000	$140	39

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 7.86% rent growth · sell at horizon

5-year hold

• IRR: -12.3%
• Equity multiple: 0.54×
• Total profit: $-17,369
• Equity at exit: $20,054

10-year hold

• IRR: 2.3%
• Equity multiple: 1.20×
• Total profit: $7,367
• Equity at exit: $11,629

Cash invested: $37,660 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Indiana: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

10-day pay-or-quit; landlord-favorable; preempted.

Methodology + full state rankings →

ZIP-level market 47714

• Rents YoY: 7.9%
• Active inventory: 191
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,016 high
• Mortgage (P&I): −$705
• Tax from tax record: −$53 /mo · $637/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$213
• Net cashflow: $-12

Break-even live

Break-even rent $1,031

Max offer price $132,468

Occupancy floor 96%

Sensitivity live

Price	-10% $65	-5% $27	+0% $-12	+5% $-50	+10% $-88
Rent	-10% $-92	-5% $-52	+0% $-12	+5% $29	+10% $69
Rate	-1.0pp $56	-0.5pp $23	base $-12	+0.5pp $-46	+1.0pp $-82

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $33,625
• Closing costs: $4,035
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1500 S Harlan Ave Evansville, IN	2.0	1.0	712	$900	$1.26	15d	1	0.15mi
1021 Jefferson Ave Evansville, IN	1.0	1.0	798	$795	$1.00	15d	1	0.37mi
1505 Jackson Ave Evansville, IN	2.0	1.0	780	$995	$1.28	23d	1	0.42mi
715 E Riverside Dr Evansville, IN	2.0	1.0	806	$895	$1.11	23d	1	0.57mi
1133 Bayard Park Dr Unit B Evansville, IN	2.0	1.0	990	$800	$0.81	23d	1	0.70mi
1909 Taylor Ave Evansville, IN	2.0	1.0	700	$1,200	$1.71	15d	1	0.73mi
605 Madison Ave Evansville, IN	2.0	1.0	1069	$1,375	$1.29	23d	1	0.75mi
1909 Plantation Ct Evansville, IN	2.0	1.0	780	$700	$0.90	23d	2	0.85mi
1952 Colts Ln Evansville, IN	1.0–3.0	1.0	1146	$1,035	$0.90	23d	8	0.89mi
734 Bayard Park Dr Evansville, IN	3.0	2.0	1000	$1,425	$1.43	23d	1	0.90mi
2340 Sunburst Blvd Unit 2270-318 Evansville, IN	2.0	1.0	815	$900	$1.10	23d	1	0.95mi
2340 Sunburst Blvd Unit 2200-202 Evansville, IN	3.0	1.0	973	$1,050	$1.08	23d	1	0.95mi
1762 Spring Ct Evansville, IN	2.0	1.0	975	$1,450	$1.49	23d	1	0.97mi
1421 SE 2nd St Unit A Evansville, IN	1.0	1.0	800	$695	$0.87	15d	1	1.05mi
827 Judson St Evansville, IN	3.0	1.0	1008	$1,295	$1.28	15d	1	1.15mi
507 S Evans Ave Evansville, IN	2.0	1.0	750	$795	$1.06	23d	1	1.17mi
924 SE 6th St Unit A Evansville, IN	1.0	1.0	800	$875	$1.09	23d	1	1.20mi
17 Washington Ave Evansville, IN	2.0	1.0	882	$1,455	$1.65	23d	1	1.25mi
1604 Marbo Ave Evansville, IN	2.0	1.0	900	$1,095	$1.22	23d	1	1.28mi
304 S Grand Ave Evansville, IN	2.0	1.0	967	$955	$0.99	23d	1	1.29mi
8 E Blackford Ave Evansville, IN	1.0	1.0	750	$825	$1.10	23d	1	1.30mi
2001 S Taft Ave Evansville, IN	3.0	2.0	1472	$1,000	$0.68	23d	1	1.30mi
2232 E Riverside Dr Evansville, IN	2.0	1.0	810	$1,200	$1.48	15d	1	1.36mi
615 SE 3rd St Unit D Evansville, IN	1.0	1.0	1122	$895	$0.80	23d	1	1.46mi

Listing history 26 events

1. 2026-05-07
   status Pending
2. 2026-05-05
   status Active
3. 2026-04-20
   status Pending
4. 2026-04-11
   listed $134,500 Active
5. 2024-08-16
   soldstatus $117,000 Closed 749-char remark

   Show marketing remark (749 chars)

   Welcome to this charming bungalow nestled in a convenient neighborhood. This cozy home boasts an open concept layout with two bedrooms, one bathroom, and ample storage space throughout. Enjoy relaxing on the covered front porch or entertaining on the back deck. Additional features include a full basement, dining room, and a convenient two-car garage. Perfect for those seeking comfort and functionality in their living space. The backyard is fenced-in, for added comfort. This home also offer alley access, providing convenient entry to the Two-car garage, at the rear of the property. Beautiful sky-lights in bathroom and Main bedroom bring lots of natural light. Security system installed, including cameras. Home is being Sold "AS-IS"

6. 2024-07-12
   status Pending 749-char remark

   Show marketing remark (749 chars)

   Welcome to this charming bungalow nestled in a convenient neighborhood. This cozy home boasts an open concept layout with two bedrooms, one bathroom, and ample storage space throughout. Enjoy relaxing on the covered front porch or entertaining on the back deck. Additional features include a full basement, dining room, and a convenient two-car garage. Perfect for those seeking comfort and functionality in their living space. The backyard is fenced-in, for added comfort. This home also offer alley access, providing convenient entry to the Two-car garage, at the rear of the property. Beautiful sky-lights in bathroom and Main bedroom bring lots of natural light. Security system installed, including cameras. Home is being Sold "AS-IS"

7. 2024-06-09
   price $117,000 749-char remark

   Show marketing remark (749 chars)

   Welcome to this charming bungalow nestled in a convenient neighborhood. This cozy home boasts an open concept layout with two bedrooms, one bathroom, and ample storage space throughout. Enjoy relaxing on the covered front porch or entertaining on the back deck. Additional features include a full basement, dining room, and a convenient two-car garage. Perfect for those seeking comfort and functionality in their living space. The backyard is fenced-in, for added comfort. This home also offer alley access, providing convenient entry to the Two-car garage, at the rear of the property. Beautiful sky-lights in bathroom and Main bedroom bring lots of natural light. Security system installed, including cameras. Home is being Sold "AS-IS"

8. 2024-05-26
   price $121,900 749-char remark

   Show marketing remark (749 chars)

   Welcome to this charming bungalow nestled in a convenient neighborhood. This cozy home boasts an open concept layout with two bedrooms, one bathroom, and ample storage space throughout. Enjoy relaxing on the covered front porch or entertaining on the back deck. Additional features include a full basement, dining room, and a convenient two-car garage. Perfect for those seeking comfort and functionality in their living space. The backyard is fenced-in, for added comfort. This home also offer alley access, providing convenient entry to the Two-car garage, at the rear of the property. Beautiful sky-lights in bathroom and Main bedroom bring lots of natural light. Security system installed, including cameras. Home is being Sold "AS-IS"

9. 2024-05-03
   listed $124,900 Active 749-char remark

   Show marketing remark (749 chars)

   Welcome to this charming bungalow nestled in a convenient neighborhood. This cozy home boasts an open concept layout with two bedrooms, one bathroom, and ample storage space throughout. Enjoy relaxing on the covered front porch or entertaining on the back deck. Additional features include a full basement, dining room, and a convenient two-car garage. Perfect for those seeking comfort and functionality in their living space. The backyard is fenced-in, for added comfort. This home also offer alley access, providing convenient entry to the Two-car garage, at the rear of the property. Beautiful sky-lights in bathroom and Main bedroom bring lots of natural light. Security system installed, including cameras. Home is being Sold "AS-IS"

10. 2023-11-16
    soldstatus $100,000 Closed 557-char remark

    Show marketing remark (557 chars)

    This charmer is ready for its new owner! From the large primary bedroom with 2 closets to the huge downstairs area, this home is very spacious. The open floor plan feataures a huge living room, a seperate dining room and well laid out kitchen. The beautiful flooring runs throughout the upstairs. The basements features so much storage! Off the back deck is a fenced yard and a double garage with opener. Beautiful skylights in the primary and bathroom flood the rooms with natural light. All appliances are included! Home is being sold "As Is".

11. 2023-10-13
    status Pending 557-char remark

    Show marketing remark (557 chars)

    This charmer is ready for its new owner! From the large primary bedroom with 2 closets to the huge downstairs area, this home is very spacious. The open floor plan feataures a huge living room, a seperate dining room and well laid out kitchen. The beautiful flooring runs throughout the upstairs. The basements features so much storage! Off the back deck is a fenced yard and a double garage with opener. Beautiful skylights in the primary and bathroom flood the rooms with natural light. All appliances are included! Home is being sold "As Is".

12. 2023-10-11
    status Active 557-char remark

    Show marketing remark (557 chars)

    This charmer is ready for its new owner! From the large primary bedroom with 2 closets to the huge downstairs area, this home is very spacious. The open floor plan feataures a huge living room, a seperate dining room and well laid out kitchen. The beautiful flooring runs throughout the upstairs. The basements features so much storage! Off the back deck is a fenced yard and a double garage with opener. Beautiful skylights in the primary and bathroom flood the rooms with natural light. All appliances are included! Home is being sold "As Is".

13. 2023-10-11
    price $100,000 557-char remark

    Show marketing remark (557 chars)

    This charmer is ready for its new owner! From the large primary bedroom with 2 closets to the huge downstairs area, this home is very spacious. The open floor plan feataures a huge living room, a seperate dining room and well laid out kitchen. The beautiful flooring runs throughout the upstairs. The basements features so much storage! Off the back deck is a fenced yard and a double garage with opener. Beautiful skylights in the primary and bathroom flood the rooms with natural light. All appliances are included! Home is being sold "As Is".

14. 2023-09-21
    status Pending 557-char remark

    Show marketing remark (557 chars)

    This charmer is ready for its new owner! From the large primary bedroom with 2 closets to the huge downstairs area, this home is very spacious. The open floor plan feataures a huge living room, a seperate dining room and well laid out kitchen. The beautiful flooring runs throughout the upstairs. The basements features so much storage! Off the back deck is a fenced yard and a double garage with opener. Beautiful skylights in the primary and bathroom flood the rooms with natural light. All appliances are included! Home is being sold "As Is".

15. 2023-08-29
    price $115,000 557-char remark

    Show marketing remark (557 chars)

    This charmer is ready for its new owner! From the large primary bedroom with 2 closets to the huge downstairs area, this home is very spacious. The open floor plan feataures a huge living room, a seperate dining room and well laid out kitchen. The beautiful flooring runs throughout the upstairs. The basements features so much storage! Off the back deck is a fenced yard and a double garage with opener. Beautiful skylights in the primary and bathroom flood the rooms with natural light. All appliances are included! Home is being sold "As Is".

16. 2023-08-14
    status Active 557-char remark

    Show marketing remark (557 chars)

    This charmer is ready for its new owner! From the large primary bedroom with 2 closets to the huge downstairs area, this home is very spacious. The open floor plan feataures a huge living room, a seperate dining room and well laid out kitchen. The beautiful flooring runs throughout the upstairs. The basements features so much storage! Off the back deck is a fenced yard and a double garage with opener. Beautiful skylights in the primary and bathroom flood the rooms with natural light. All appliances are included! Home is being sold "As Is".

17. 2023-08-14
    price $122,900 557-char remark

    Show marketing remark (557 chars)

    This charmer is ready for its new owner! From the large primary bedroom with 2 closets to the huge downstairs area, this home is very spacious. The open floor plan feataures a huge living room, a seperate dining room and well laid out kitchen. The beautiful flooring runs throughout the upstairs. The basements features so much storage! Off the back deck is a fenced yard and a double garage with opener. Beautiful skylights in the primary and bathroom flood the rooms with natural light. All appliances are included! Home is being sold "As Is".

18. 2023-08-07
    historical 557-char remark

    Show marketing remark (557 chars)

    This charmer is ready for its new owner! From the large primary bedroom with 2 closets to the huge downstairs area, this home is very spacious. The open floor plan feataures a huge living room, a seperate dining room and well laid out kitchen. The beautiful flooring runs throughout the upstairs. The basements features so much storage! Off the back deck is a fenced yard and a double garage with opener. Beautiful skylights in the primary and bathroom flood the rooms with natural light. All appliances are included! Home is being sold "As Is".

19. 2023-08-02
    status Active 557-char remark

    Show marketing remark (557 chars)

    This charmer is ready for its new owner! From the large primary bedroom with 2 closets to the huge downstairs area, this home is very spacious. The open floor plan feataures a huge living room, a seperate dining room and well laid out kitchen. The beautiful flooring runs throughout the upstairs. The basements features so much storage! Off the back deck is a fenced yard and a double garage with opener. Beautiful skylights in the primary and bathroom flood the rooms with natural light. All appliances are included! Home is being sold "As Is".

20. 2023-07-20
    status Pending 557-char remark

    Show marketing remark (557 chars)

    This charmer is ready for its new owner! From the large primary bedroom with 2 closets to the huge downstairs area, this home is very spacious. The open floor plan feataures a huge living room, a seperate dining room and well laid out kitchen. The beautiful flooring runs throughout the upstairs. The basements features so much storage! Off the back deck is a fenced yard and a double garage with opener. Beautiful skylights in the primary and bathroom flood the rooms with natural light. All appliances are included! Home is being sold "As Is".

21. 2023-07-19
    listed $124,900 Active 557-char remark

    Show marketing remark (557 chars)

    This charmer is ready for its new owner! From the large primary bedroom with 2 closets to the huge downstairs area, this home is very spacious. The open floor plan feataures a huge living room, a seperate dining room and well laid out kitchen. The beautiful flooring runs throughout the upstairs. The basements features so much storage! Off the back deck is a fenced yard and a double garage with opener. Beautiful skylights in the primary and bathroom flood the rooms with natural light. All appliances are included! Home is being sold "As Is".

22. 2019-03-29
    soldstatus $75,000
23. 2019-02-15
    listed $72,500
24. 2018-08-07
    listed $72,000
25. 2017-11-03
    soldstatus $59,900
26. 2017-08-14
    listed $59,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IN · Partial reset (capped growth)

• Current annual tax: $637 · $53/mo
• Projected year-2 tax: $890 · $74/mo
• Expected delta: +$253/yr (+$21/mo · 39.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,197
• − Mortgage interest: −$7,534
• − Property taxes: −$637
• − Insurance: −$672
• − Repairs & maintenance: −$976
• − Management: −$976
• − Depreciation: −$3,913
• Taxable loss: −$2,511
• Est. tax savings @ 24.0%: +$603
• After-tax cash flow: $465/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Evansville Vanderburgh School Corporation
• NCES district ID: 1803450
• Math proficiency: 36% ▼ -7.00%
• Reading proficiency: 43% ▼ -3.00%
• Median HH income: $43,270
• Composite: 33.41/100
• National rank: #5471
• State rank: #153 of 301 in IN

Livability — Evansville

• Score: 63/100
• State rank: #416
• US rank: #15047

Category grades

Amenities C Commute F Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Evansville, IN
• County: Vanderburgh County · 146,793 people
• City population: 146,793
• Metro: Evansville, IN-KY
• Population (ZIP): 32,132
• Household income: $55,910
• Rent vs Own: 39.8% rent · 60.2% own
• Severe rent burden: 1394.0

Population outlook (Vanderburgh County) Hauer SSP2

• Today (2025): 187,038 people
• By 2030: 188,907 · +1.0%
• By 2040: 190,272 · +1.7%
• By 2050: 188,871 · +1.0%
• By 2075: 180,751 · -3.4%
• By 2100: 163,015 · -12.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 17% Two or more races 6% Hispanic / Latino 6% Asian 1%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Italian 3% Lithuanian 2% Slovak 1%
• Foreign-born: 6% · Canada, China
• Languages at home: 92% English-only · Spanish 4% Other Asian/Pacific 1% French/Haitian/Cajun 1%

Political lean MEDSL · Vanderburgh

• 2024 margin: R (+12.7) · D 43.0% · R 55.6% · Other 1.4%
• 2008→2024 swing: -15.1pp toward R · 2008: 2.5pp · 2024: -12.7pp
• All cycles: 2024: R+12.7 2020: R+9.6 2016: R+16.9 2012: R+10.8 2008: D+2.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -124.80%
• Current HPI: 211.1755
• Rent YoY: ▲ 7.86%
• Metro: Evansville, IN-KY
• State GDP YoY: ▲ 2.90%
• F500 in state: 18

Industry mix (Fortune 500 HQ in IN)

Industry	F500 HQs	Revenue
▸Industrial Machinery	2	$37B
▸Healthcare	1	$177B
▸Pharmaceuticals	1	$45B
▸Metals / Steel	1	$18B
▸Agriculture	1	$17B
▸Packaging	1	$12B

Price history

+124.5% since first listed

26 events — show timeline

• 2026-05-07 Pending — IRMLS
• 2026-05-05 Relisted — IRMLS
• 2026-04-20 Pending — IRMLS
• 2026-04-11 Listed $134,500 IRMLS
• 2024-08-16 Sold (MLS) $117,000 IRMLS
• 2024-07-12 Pending — IRMLS
• 2024-06-09 Price Changed $117,000 IRMLS
• 2024-05-26 Price Changed $121,900 IRMLS
• 2024-05-03 Listed $124,900 IRMLS
• 2023-11-16 Sold (MLS) $100,000 IRMLS
• 2023-10-13 Pending — IRMLS
• 2023-10-11 Relisted — IRMLS
• 2023-10-11 Price Changed $100,000 IRMLS
• 2023-09-21 Pending — IRMLS
• 2023-08-29 Price Changed $115,000 IRMLS
• 2023-08-14 Relisted — IRMLS
• 2023-08-14 Price Changed $122,900 IRMLS
• 2023-08-07 Delisted — IRMLS
• 2023-08-02 Relisted — IRMLS
• 2023-07-20 Pending — IRMLS
• 2023-07-19 Listed $124,900 IRMLS
• 2019-03-29 Sold (MLS) $75,000 IRMLS
• 2019-02-15 Listed $72,500 IRMLS
• 2018-08-07 Listed $72,000 IRMLS
• 2017-11-03 Sold (MLS) $59,900 IRMLS
• 2017-08-14 Listed $59,900 IRMLS

Property tax history

+4.3%/yr

Latest (2024): $637 · +8.2% YoY. Source: county tax records.