428 NW 3rd St Evansville, IN 47708
Estimated payment $2,881/month
About This Lot
Position your portfolio for growth with this premier lot in downtown Evansville, Indiana. Located at 428 NW 3rd Street, this property represents a rare chance to secure a piece of real estate in the heart of a thriving and revitalized urban center.
Why Invest in This Property?
Prime Location: Situated in Evansvilles bustling downtown district, this lot offers unparalleled proximity to major attractions, businesses, and amenities, ensuring consistent demand for whatever development you choose.
Flexible Development Potential: An ideal location for commercial space(s) that capitalize on the growing downtown market.
High Traffic & Visibility: The property is strategically located on a well-traveled street with steady pedestrian and vehicular activitykey factors for driving value in retail, hospitality, or residential developments.
Zone as General Commercial (C-4) District
Market Highlights:
Downtown Evansville is experiencing a surge of growth and investment, making now the perfect time to stake your claim in this rapidly developing area.
Economic Development: Recent and ongoing revitalization projects have injected significant momentum into downtown Evansville, attracting businesses, residents, and tourists.
Proximity to Key Assets: The lot is located near high-demand attractions like the Ford Center, Tropicana Evansville, and the Old National Events Plaza, offering unique advantages for businesses or tenants seeking connectivity and convenience.
Strong Demand for Urban Living: As urbanization trends continue, the demand for downtown housing and amenities in Evansville is on the rise, presenting opportunities for residential or mixed-use developers.
Tax Incentives and Support: Investors may benefit from local and state incentives aimed at encouraging development in the downtown area, boosting profitability.
Investment Advantages:
Proven Growth Trajectory: Downtown Evansville has demonstrated steady economic and cultural revitalization, ensuring long-term value for your investment.
Versatility for Development: The lots size and zoning offer the flexibility to create high-return projects tailored to market demand.
High ROI Potential: Whether developed for retail, office, or residential purposes, this property is primed for maximum returns in a market with increasing demand and limited supply.
Seize the Opportunity:
In real estate, timing is everythingand now is the time to invest in downtown Evansville. With its ideal location, promising market conditions, and strategic growth potential, 428 NW 3rd St offers the foundation for a project that will yield significant returns for years to come.
Dont miss outsecure this rare investment opportunity today! Contact us to discuss this propertys potential and explore how it can align with your financial goals.
Property Details
Property Type
- Land
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $69,268 | $92,600 | $92,600 | $0 |
| 2024 | $6,126 | $445,300 | $185,200 | $260,100 |
| 2023 | $17,023 | $445,300 | $185,200 | $260,100 |
| 2022 | $12,792 | $401,800 | $149,200 | $252,600 |
| 2021 | $12,419 | $385,400 | $149,200 | $236,200 |
| 2020 | $13,034 | $385,400 | $149,200 | $236,200 |
| 2019 | $12,135 | $360,200 | $124,000 | $236,200 |
| 2018 | $11,811 | $349,700 | $124,000 | $225,700 |
| 2017 | $11,564 | $341,100 | $124,000 | $217,100 |
| 2016 | $10,723 | $336,800 | $124,000 | $212,800 |
| 2014 | $10,607 | $333,000 | $124,000 | $209,000 |
| 2013 | -- | $335,200 | $124,000 | $211,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | For Sale | $450,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | New Title Company Name | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | New Title Company Name |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $81,403 | New Conventional | |
| Closed | $183,444 | New Conventional |
- 301 Main St Unit D
- 817 W Franklin St
- 0 Denzer Lot 4 Rd Unit 202622807
- 1114 1116 W Illinois St
- 0 Denzer Lot 3 Rd Unit 202622794
- 101 SE 3rd St Unit 3E
- 508 N 4th Ave
- 405 Garfield Ave
- 1013 W Delaware St
- 117 Cherry St
- 613 N Fulton Ave
- 807 N 4th Ave
- 116 118 Mulberry St
- 902 Mary St
- 520 SE Riverside Dr
- 920 Edgar St
- 914 N 4th Ave
- 1022 Cherry St
- 207 W Columbia St
- 1011 Cherry St
- 301 NW 3rd St
- 203 NW 5th St
- 215 Sycamore St
- 221 NW Martin Luther King jr Blvd
- 706 Court St Unit B
- 424 N Main St
- 800 W Michigan St
- 605 W Michigan St
- 204 Read St Unit A
- 101 SE 2nd St Unit 212
- 115 Read St
- 410 N 3rd Ave
- 202 SE 1st St
- 307 SE 2nd St Unit B
- 315 SE 1st St
- 213 Cherry St Unit B
- 200 N Main St
- 900 Mary St Unit 902
- 910 Harriet St Unit B
- 1001 Edgar St
Ask me questions while you tour the home.