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Evansville, IN 47714
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Listed
Home details as listed · verify independently
Location: Evansville, IN 47714
County: Vanderburgh County
HOA: No HOA
Property Type: Brick two-story home
Year Built: 1931
Size: 3Beds/1Bath/ 1,720sqftPhoPhoto 3p
Lot Size: 0.14Acres
Occupancy: Owner-occupied (Do not contact), vacant at COE
ARV: $189,900
Asking Price: $98,900 (Assignment of Contract)
Repair Estimate: $30,000
Closing Date: 07/15/2026
Exit Strategies: Flip, BRRR
Inspection report available upon request
1931 brick two-story home sitting on a nice corner lot with original hardwood flooring under most of the house and a stone fireplace in the living room.
The property needs updates but has several major components already in good condition:
· No known foundation or structural issues.
· Plumbing was partially redone approximately three years ago with no polybutylene, galvanized, or lead piping present.
· Roof has an estimated 8 years of life remaining
· Furnace was replaced approximately 4 years ago.
Property needs:
· Painting throughout
· Hardwood floors sanded and sealed
· Kitchen countertop replacement
· Bathroom updates
· Minor plumbing repair behind downstairs shower
· Permanent diagnosis and repair of chimney/dormer leak
· Electrical panel upgraded from old fuses to breakers
· Basement resealed due to moisture during heavy rain
· Replace window awnings (actual windows are in good shape)
· Inspection report available upon request
· Photos in Inspection Report
Commission
Commission Offered
This opportunity in Evansville, IN is offered at an asking price of $98,900 as shown on the card. After repair value (ARV) is shown as about $189,900, which implies a gross spread of roughly 47.9 percent off ARV if you use the list price and this ARV as-is. Treat that as a first-pass screen, not a comp confirmation. The property is described with 3 bedrooms, 1 bathroom, 1,720 square feet. Tour or pull rent rolls if the asset is occupied so your rehab scope and lease assumptions match the real layout. Rehab is tagged as “moderate.” In practice, you should open walls and verify every major system, because tags rarely capture the full story on a wholesale lead. Occupancy is noted as “Occupied.” If anyone is in place, schedule access carefully, align showings with local rules, and underwrite for rental income or a formal vacancy path before you take assignment. The list is marked Wholesale—use that to frame exit math (flip spread, fee for wholesale, or long-term DSCR if the plan is a rental hold). The structure is represented around 1931; older vintages can hide lead, cast iron, and foundation work—budget a contingency. Verified seller contact is available on the listing, which speeds diligence once you are serious. Verify ARV, repair scope, access, and title with your own people before you rely on any line in this write-up. Nothing here is a guarantee of value or condition.
Timeline
Posted · Updated
Strategy: Wholesale
