Cozy 2 bedroom rental property with tenant and management already in place, making this a great investment opportunity for a cash buyer or investor looking for immediate rental income. Currently renting for $800 per month. Property also features a garage with potential to be converted into an ADU for additional income opportunities. Convenient layout, solid potential, and room to add value. Great opportunity to expand your rental portfolio.
For sale by owner
$70,000
1028 Covert Ave, Evansville, IN 47714
2beds
790sqft
SingleFamily
Built in 1940
4,800 Square Feet Lot
$63,000 Zestimate®
$89/sqft
$-- HOA
Overview
- 81 days |
- 185 |
- 12 |
Listed by:
Property Owner (812) 306-5794
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Central
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 790 sqft
Property
Parking
- Parking features: Garage - Detached
Lot
- Size: 4,800 Square Feet
Details
- Parcel number: 820633013012011027
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
Community & HOA
Location
- Region: Evansville
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $56,800
- Annual tax amount: $1,012
- Date on market: 5/26/2026
Estimated market value
$63,000
$60,000 - $66,000
$983/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Sold | $63,000-1.6% |
Source:  IRMLS #202620100 Report a problem | ||
| 7/8/2026 | Pending sale | $64,000 |
Source: IRMLS #202620100 Report a problem | ||
| 6/24/2026 | Price change | $64,000-14.1% |
Source: IRMLS #202620100 Report a problem | ||
| 5/27/2026 | Price change | $74,500+6.4% |
Source: IRMLS #202620100 Report a problem | ||
| 5/26/2026 | Listed for sale | $70,000$89/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,012 +2% | $56,800 +21.1% |
| 2024 | $993 +4.5% | $46,900 +2.6% |
| 2023 | $950 +6.3% | $45,700 +5.1% |
| 2022 | $893 +240% | $43,500 +7.4% |
| 2021 | $263 +1.1% | $40,500 |
| 2020 | $260 -83.4% | $40,500 |
| 2019 | $1,569 +114.5% | $40,500 |
| 2018 | $731 +221.9% | $40,500 +5.2% |
| 2017 | $227 | $38,500 -0.3% |
| 2016 | $227 +5.2% | $38,600 +2.4% |
| 2014 | $216 -0.2% | $37,700 -0.8% |
| 2013 | $217 -0.5% | $38,000 -0.3% |
| 2012 | $218 +3.6% | $38,100 -8.9% |
| 2011 | $210 +7.3% | $41,800 |
| 2010 | $196 +11.5% | $41,800 |
| 2009 | $176 | $41,800 -2.8% |
| 2008 | -- | $43,000 +2.1% |
| 2007 | -- | $42,100 |
| 2006 | -- | -- |
| 2003 | -- | $14,000 |
| 2001 | -- | $14,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Akin Park
Nearby schools
GreatSchools rating
- 4/10Glenwood Leadership AcademyGrades: K-8Distance: 0.4 mi
- 2/10Benjamin Bosse High SchoolGrades: PK-12Distance: 0.7 mi
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