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Ballard Home for Sale

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    $80,000

    • 2 Beds
    • 1 Bath
    • 873 Sq Ft

    906 E Walnut St, Evansville, IN 47713

    Outstanding Opportunity to purchase an investment portfolio of 28 Evansville single family homes that are all currently rented. This property is 1 of 28 properties - Can be purchased as a group, in smaller packages or individually. All properties have been remodeled within the last 3 years. Most are fully tenant-occupied with strong in-place rents. This is a turnkey package ideal for

    Jonathan Baker BAKER AUCTION & REALTY

    906 E Walnut St, Evansville, IN 47713

Why Live in Ballard

Ballard, located in Evansville, is a neighborhood known for its affordability and proximity to major thoroughfares, making it a convenient choice for commuters. Homes here, primarily built in the 1920s, feature Cape Cod, bungalow, and Prairie styles, often with detached garages and small, fenced lawns. The area is attractive for its lower home prices, averaging $50,000 less than the broader Evansville Metro Area, with properties typically ranging from $100,000 to $200,000. Outdoor enthusiasts can enjoy Bayard Park, which offers a playground, picnic areas, and green spaces, while the nearby Rochelle-Landers Pool provides summer fun with slides and fountains. Braun Stadium, just a mile away, hosts the Evansville Purple Aces baseball games, and the Evansville African American Museum, also a mile away, offers cultural exhibits. Shopping options include local retailers like Dollar Depot and CVS Pharmacy, with larger grocery stores such as Simpson's Supermarket and Wal-Mart a short drive away. Dining highlights include The Daily Grind for coffee and sandwiches, Samuel's for smash burgers and truffle fries, and Turoni's Pizzery & Brewery for craft beer and thin-crust pizza. Public transportation is accessible via the METS bus system, and the Evansville Regional Airport is 7 miles away. Families are served by Evansville Vanderburgh Schools, with highly rated Thompkins Middle School and Central High School.

Frequently Asked Questions

Is Ballard a good place to live?
Ballard is a good place to live. Ballard is considered car-dependent and bikeable. Ballard has 1 park for recreational activities. It has a median age of 36. The average household income is $42,887 which is below the national average. College graduates make up 9.1% of residents. A majority of residents in Ballard are renters, with 59.2% of residents renting and 40.8% of residents owning their home. A local real estate agent serving Ballard can help you decide if this neighborhood is the right one for you. Learn more on our Ballard neighborhood guide.
How much do you need to make to afford a house in Ballard?
The median home price in Ballard is $109,950. If you put a 20% down payment of $22,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $560 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $24K a year to afford the median home price in Ballard. The average household income in Ballard is $43K.
What are the best public schools in Ballard?
The best public schools that serve Ballard are:
  • North High School has an A- Niche grade, a student teacher ratio of 17:1 and an average review score of 4.0.
  • North Junior High School has a B+ Niche grade, a student teacher ratio of 18:1 and an average review score of 4.0.
  • Central High School has a B Niche grade, a student teacher ratio of 15:1 and an average review score of 3.7.
What are the best private schools in Ballard?
The best private schools that serve Ballard are:
What are the most popular zip codes in Ballard, Evansville, IN?
The most popular zip codes in Ballard, Evansville, IN include 47713, 47714, 47711, 47708 and 47710.
What are the most popular neighborhoods near Ballard, Evansville, IN?
The most popular neighborhoods near Ballard, Evansville, IN are Tepe Park, Akin Park, CCIA, Goosetown and Old Erie.

Home Trends in Ballard, IN

Housing Trends

Median Sale Price
$110,000
Median Single Family Sale Price
$99,950
Average Price Per Sq Ft
$65
Number of Homes for Sale
1
Last 12 months Home Sales
17
Months of Supply
0.70
Median List Price
$109,950
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
8%
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