2316 Vann Avenue, Evansville, IN 47714
2316 Vann Avenue, Evansville, IN 47714
2316 Vann Avenue, Evansville, IN 47714
14
See all 14 photos
$24,999
Est. payment /mo
Save Virtual Tour
0.38 Acres Lot
Pending

2316 Vann Avenue Evansville, IN 47714

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Timothy Vicsik

Timothy Vicsik

+1(574) 329-9587

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 202530117

Annual Tax Amount $390

Tax Year 2025

Lot Size 0.380 Acres

Property Sub-Type Residential Land

Property Description

This 0.38-acre build-ready parcel on 2316 Vann Avenue presents a strategic development opportunity. Market data sourced from the Southwest Indiana Regional MLS establishes a solid value baseline with a median re-sale price of approximately $153,000 for existing homes. The value of this property is demonstrated by the premium a new construction commands. A 2,000 sq ft home sold for $215,000, while an updated 1,400 sq ft home listed at $240,000. This data confirms a strong increase in market demand with supported price points well into the $200k+ range for modern finishes and up-to-date design. The property's primary advantage is its readiness for construction; the crucial and costly groundwork for city water, sewer, and electrical infrastructure is already complete. This significantly reduces the initial outlay and construction timeline for a new build. We present an opportunity to capitalize on the gap between existing resale values and the high demand for new homes. The financial upside is clear. With a low acquisition cost and minimized site prep expenses, a developer is well positioned here to build a desirable new home and capture a substantial profit margin in an area that is prime with demand.

Location

State IN

County Vanderburgh County

Area Vanderburgh County

Direction South from intersetion of Lloyd & 41, SE on Riverside Dr, E on Pollack Ave, S on Vann Ave, Property on the Left

Exterior

Fence None

Building

New Construction No

Schools

Elementary Schools Caze

Middle Schools Mcgary

High Schools William Henry Harrison

School District Evansville-Vanderburgh School Corp.

Others

Financing Cash

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202530117

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Andros L'Grand • KELLER WILLIAMS CAPITAL REALTY • Cell: 812-270-8747

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Timothy Vicsik

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Trueblood Real Estate South Bend, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

2316 Vann Avenue

MORE REAL ESTATE NEAR ME
There are 55 quick searches