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    2316 Vann Ave Evansville, IN 47714

    For Sale
    $65,000

    Residential Land - Evansville, IN

    Lot size:
    1.09 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 2316 Vann Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    82-09-02-017-094.024-027
    Lot size
    1.09 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Capital Realty (812) 422-4096 [email protected]

    Listing agent Andros L'Grand (812) 422-4096 License #RB21001061

    Listing date Nov 5, 2025

    MLS# 202530117 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

    Build-Ready Residential Land Opportunity

    Located on 2316 Vann Avenue in Evansville, Indiana, this 0.38-acre parcel presents a development opportunity. Market data indicates a median re-sale price of approximately $153,000 for existing homes. A 2,000 sq ft home sold for $215,000, while an updated 1,400 sq ft home listed at $240,000, confirming market demand with price points well into the $200k+ range for modern finishes and up-to-date design. The property is ready for construction, with city water, sewer, and electrical infrastructure already in place. This reduces the initial outlay and construction timeline for a new build. This property allows capitalizing on the gap between existing resale values and the demand for new homes. With a low acquisition cost and minimized site preparation expenses, a developer is positioned to build a new home and capture a profit margin in an area with demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.511095
    Latitude
    37.945728

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    FAQs

    What type of property is this?
    Land - 0.38-acre parcel ready for construction in Evansville, Indiana.
    Where is this land located?
    The property is located at 2316 Vann Ave Evansville, IN.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - Build-ready 0.38-acre parcel with completed city water, sewer, and electrical infrastructure.; - Strong market demand for new homes supports price points well into the $200k+ range.; - Strategic development opportunity to capitalize on the gap between existing resale values and demand for new construction.
    (812) 422-4096
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    Evansville, IN 47714
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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
    2316 Vann Ave Evansville, IN 47714
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