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    10138 Preakness Pl Evansville, IN 47725

    Picture of Residential land & home lots at Preakness Pl 10138, Evansville, IN
    For Sale
    $55,000

    Residential Land - Evansville, IN

    Lot size:
    0.27 Acres
    Days on Market:
    584
    Last Refresh:
    Dec 10 at 11:06 pm

    Property Features for 10138 Preakness Pl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    82-04-21-002-927.026-019
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Expense value
    150
    Expense
    Home Owner Assessments Fee

    Building Details

    Architectural style
    Other

    F.C. Tucker Emge REALTORS (812) 402-0200 [email protected]

    Listing agent Mindy Word (812) 426-9020 License #RB14046843

    Listing date May 7, 2024

    MLS# 202415974 Listing URL

    Copyright © 2025 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Evansville Residential Land Opportunity

    Located in McCutchanville, Indiana, Saddle Creek Estates is a new residential subdivision featuring wooded lots. Situated on the north side, the property is a 15 to 20-minute drive from downtown Evansville, Toyota, and east side shopping areas. The location provides convenient access to transportation, being approximately 5 minutes from the Evansville Airport. Essential amenities such as Schnucks Grocery, CVS, banking facilities, and restaurants are also within a 5-minute radius, with quick access to Highway 41. Designed as a secluded and quiet residential area, the subdivision includes 127 houses and a single entry way to reduce traffic. The property is located within the McCutchanville Elementary School, North Jr. High School, and North High School districts. The lot size is approximately 0.27 acres. Any builder is welcome to construct a home in this open subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.545342
    Latitude
    38.071336

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential land in a new north side subdivision.
    Where is this residential land & home lot located?
    The property is located at 10138 Preakness Pl Evansville, IN.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: - Large, wooded lots offer a picturesque setting.; - Convenient location: Just 15-20 minutes from downtown Evansville, Toyota, and Eastside shopping.; - Close proximity to Evansville Airport (5 minutes).
    (812) 426-9020
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10138 Preakness Pl Evansville, IN 47725
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