$262,000
- 3 Beds
- 2 Baths
- 2,109 Sq Ft
3401 Oak Terrace, Evansville, IN 47711
RANDAL FOLZ FOLZ REALTORS
Frequently Asked Questions
Is Melody Hill a good place to live?
Melody Hill is a good place to live. Melody Hill is considered very car-dependent. Melody Hill has 1 park for recreational activities. It has a median age of 42. The average household income is $92,848 which is below the national average. College graduates make up 32.7% of residents. A majority of residents in Melody Hill are home owners, with 6.9% of residents renting and 93.1% of residents owning their home. A local real estate agent serving Melody Hill can help you decide if this neighborhood is the right one for you. Learn more on our Melody Hill neighborhood guide.
How much do you need to make to afford a house in Melody Hill?
The median home price in Melody Hill is $399,990. If you put a 20% down payment of $80,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $89K a year to afford the median home price in Melody Hill. The average household income in Melody Hill is $93K.
What are the best public schools in Melody Hill?
The best public schools that serve Melody Hill 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 17:1 and an average review score of 4.0.
- Oak Hill Elementary School has a B+ Niche grade and a student teacher ratio of 17:1.
What are the best private schools in Melody Hill?
The best private schools that serve Melody Hill are:
- Evansville Day School has an A Niche grade, a student teacher ratio of 6:1 and an average review score of 3.8.
- Good Shepherd School has a student teacher ratio of 17:1.
What are the most popular zip codes in Melody Hill, Evansville, IN?
What are the most popular neighborhoods near Melody Hill, Evansville, IN?
The most popular neighborhoods near Melody Hill, Evansville, IN are Willemette Village, Diamond-Stringtown, Wesselman Park, Highland and North Country Club.
