Lorraine Park
Neighborhood in Evansville, Indiana
Vanderburgh County 47714
Mid-century ramblers and cottages
The real estate market in Lorraine Park is competitive because of its entry-level pricing and easy access to Covert Avenue. “The market has been affected by higher interest rates since 2008,” says Kasha, who has been selling in the area for over 10 years. “Inventory is low, but things are starting to thaw now that interest rate cuts are around the corner.” Most homes were constructed in the 1950s, and feature rambler or ranch-styles, and cottage designs. With a median sales price of $130,000, home values here are on par with the average property in the Evansville metro area. Prices in Lorraine Park range from as low as $70,000 for a two-bedroom fixer-upper to upwards of $200,000 for a three-bedroom brick rambler with updated amenities. Most homes are equipped with paved driveways, detached garages and ornate fencing for added privacy. Located at the lowest elevation point in Evansville, known as Five Points, or the place where five streets intersect – Alvord Boulevard, twice, Monroe Avenue, Alvord Lane and Southeast Boulevard – some homes in this area may experience flooding. However, the city of Evansville did implement a sewer-storm water separation network in 2010 and continues to work with The National Flood Insurance Program to help residents obtain affordable insurance, as a safety precaution.Cheer on the Dolphins at Lorraine Park
When seeking time outdoors, Lorraine Park acts as the primary gathering space for residents. It offers a mulched playground, shaded picnic areas and a public pool which is open during the warmer months. Youth swimmers can join the Lorraine Dolphins swim team, which practices in the morning hours during the summer. The pool is monitored by the Evansville Department of Parks & Recreation and has daily entry fees that vary depending on age. Another nearby outdoor option is Vann Park, located 1 mile east. It features a playground and picnic tables for on-the-go dining. Swonder Ice Arena is also just 2 miles away and offers public skating times and a variety of programs for hockey, figure skating and roller derby year-round.Education at Evansville Vanderburgh Schools
Families in Lorraine Park are zoned for Evansville Vanderburgh Schools. Students may attend schools like Dexter Elementary, Washington Middle and Benjamin Bosse High, which have earned ratings of C, C-plus and B-minus from the review site, Niche. Dexter Elementary School implements a positive behavior program, which holds students accountable for their actions within the classroom and promotes a healthy school environment. Washington Middle School offers a robust athletic program with a range of sports from track and cross country to basketball and volleyball. Benjamin Bosse High School offers a standard curriculum with 3 AP course options to choose from. Private options like Evansville Christian School and Reitz Memorial High School are also available nearby. For those interested in pursuing higher education degrees, the University of Evansville is 2 miles north of the community and is home to 2,200 students.Take the METS bus or commute downtown on Covert Avenue
Residents in Lorraine Park rely on Covert Avenue for easy access to downtown and neighboring areas like the Presidents community. Those seeking public transportation take the METS bus, which also operates along Covert Avenue. When traveling farther outside the community, the Evansville Regional Airport is 8 miles away. For healthcare, the Ascension St. Vincent Evansville Hospital is 2 miles from the neighborhood.Shopping along Covert Avenue
Groceries and everyday essentials are available along Covert Avenue, which features retailers like Simpson's Supermarket, Walmart and Walgreens Pharmacy. Local shops like The Book Broker, sells video games and comics, while the Riverside Antique Mall is the go-to spot for hand-picked vintage goods. Dining options here include Covert Una Pizza, which serves a range of authentic Italian entrees from pizzas to strombolis; and the long-standing Golden Buddha, known for its diverse menu of affordable Chinese fare. It has served the Evansville community for over 40 years. For a relaxed dining experience, J's Sportsbar and Grill offers traditional bar food and many TVs to watch sports.Crime
Lorraine Park’s CAP Index crime score is 4 out of 10, which is the same as the national average of 4.


Agents Specializing in this Area
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Ray Stallings
Responds QuicklyDHI Realty Inc
(812) 635-6807
158 Total Sales
1 in Lorraine Park
$162,000 Price
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Jerrod Eagleson
KELLER WILLIAMS CAPITAL REALTY
(812) 575-4297
398 Total Sales
2 in Lorraine Park
$93K - $127K Price Range
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Nikki Davis
F.C. TUCKER EMGE
(812) 625-3944
193 Total Sales
5 in Lorraine Park
$98K - $165K Price Range
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Rick Mileham
Responds QuicklyERA FIRST ADVANTAGE REALTY, INC
(270) 212-7089
395 Total Sales
7 in Lorraine Park
$40K - $181K Price Range
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Michael Reeder
Responds QuicklyERA FIRST ADVANTAGE REALTY, INC
(812) 706-3631
272 Total Sales
2 in Lorraine Park
$135K - $160K Price Range
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Penny Crick
Responds QuicklyERA FIRST ADVANTAGE REALTY, INC
(930) 212-2292
731 Total Sales
3 in Lorraine Park
$96K - $161K Price Range
Schools
Interested in learning more about homes in this area? Reach out to
, an experienced agent in this neighborhood.Parks in this Area
Transit
Crime and Safety
1 - Low Crime, 10 - High Crime | Lorraine Park | US |
---|---|---|
Homicide | 4 | 4 |
Sexual Assault | 4 | 4 |
Assault with Weapon | 4 | 4 |
Robbery | 4 | 4 |
Burglary | 4 | 4 |
Motor Vehicle Theft | 3 | 4 |
Larceny | 3 | 4 |
Crime Score | 4 | 4 |
Source: WhatIsMyCrimeRisk.com
Lorraine Park Demographics and Home Trends
On average, homes in Lorraine Park, Evansville sell after 25 days on the market compared to the national average of 49 days. The median sale price for homes in Lorraine Park, Evansville over the last 12 months is $143,850, up 13% from the median home sale price over the previous 12 months.
Housing Trends
Neighborhood Facts
Distribution of Home Values
Interested in learning more about homes in this area? Reach out to
, an experienced agent in this neighborhood.Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Finances
Education and Workforce
Area Factors
Bikeable
Bike Score®
Somewhat Walkable
Walk Score®
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods

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Suburban living in eastern Evansville, 2 miles from downtown