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Property profile & analytics

2029 Washington Ave Evansville, IN 47714-2233

  • Office Properties & Spaces
  • 11,170 SF
  • 0.42 lot acres
OFF-MARKET
Value Estimation
$365,000
Last Sale
Feb 25, 2025
Location Intelligence
Property ID
US31-1011647
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Heston Insurance Agency / Life Insurance Agency / Motorcycle Insurance Agency
  • Employer's Temporary Services / Employment Agency / Employment Center
  • Pinnacle Financial Group Inc / Financial Planner
  • Levi Robert K / Insurance Agency

Property Details for 2029 Washington Ave

Year built
1955
Construction
WOOD
Lot size
0.42 lot acres
Property size
11,170 SF
Property type
Office Properties & Spaces
APN
82-06-34-017-076.016-027
APU
820634017076016027

Description

This exceptional mixed-use property, located at 2029 Washington Ave in Evansville, Indiana, presents a compelling investment opportunity. The 11,170 square foot building, constructed in 1956, features two stories and is classified as a Class B property. Currently zoned C-1, it offers significant flexibility for various uses. The building's previous configuration was entirely office space, but its layout lends itself to conversion into a mixed-use development, potentially incorporating residential apartments on the upper floor and commercial space on the ground level. Recent improvements include a new roof, updated electrical systems, and upgraded plumbing. Ample parking is available, with a dedicated lot to the east and additional spaces behind the building. The property's strategic location on Washington Avenue, near Weinbach Avenue, provides excellent visibility and accessibility. The asking price is $439,000, translating to $39.30 per square foot. The property's APN is 82-06-34-017-076.016-027. This is a rare chance to acquire a well-maintained, adaptable property in a desirable Evansville location. The two-building complex offers a unique blend of functionality and potential, making it an ideal investment for both seasoned and emerging developers.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Evansville
County
Vanderburgh
State
Indiana
Longitude
-87.5288
Latitude
37.9624
CBSA code
21780
CBSA name
EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,746
$47,100
$197,100
$244,200
-
$47,100
$197,100
$244,200
More about this property
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