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    1232 Raleigh Dr Evansville, IN 47725

    For Sale
    $140,000

    Residential Land - Evansville, IN

    Lot size:
    2.56 Acres
    Days on Market:
    255
    Last Refresh:
    Dec 10 at 6:06 pm

    Property Features for 1232 Raleigh Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    82-02-28-009-029.035-030
    Lot size
    2.56 Acres

    Taxes and HOA fees

    Expense value
    600
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

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

    Listing agent Al Lentz (812) 479-0801 License #RB14039733

    Listing date Mar 31, 2025

    MLS# 202204886 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

    Wooded Residential Lot with Pond

    This residential land, identified as Lot 25, spans over 2.5 acres and features wooded terrain and a small pond, offering privacy. It is located within the Cambridge community, described as a "Total Village Community", which includes an 18-hole championship golf course designed by Tom Liddy, a spacious clubhouse suitable for events, a pro shop, and casual dining options. The golf course incorporates several lakes. Additionally, residents have access to a separate HOA Activity Center with a swimming pool, tennis/pickleball courts, and a basketball court. Owners can choose between Spectrum or AT&T for their service needs. This lot is available for purchase, with only a limited number of lots remaining. The property is located in Evansville, Indiana, and is available for building in the 2025 season.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Wholesale Shop Auto Parts Store Hotel & Motel Travel Agency Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.534732169311
    Latitude
    38.153836606301

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    FAQs

    What type of property is this?
    Land - 2.5+ acre wooded lot with pond in Evansville community.
    Where is this land located?
    The property is located at 1232 Raleigh Dr Evansville, IN.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - Large, wooded 2.5+ acre lot offering ultimate privacy.; - Part of Cambridge, a "Total Village Community" with an 18-hole championship golf course.; - Access to a spacious clubhouse with pro shop and casual dining.
    (812) 479-0801
    Request Owner's contact information
    1232 Raleigh Dr Evansville, IN 47725
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    Evansville, IN 47725
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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
    1232 Raleigh Dr Evansville, IN 47725
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