c.1919 Five Bedroom Indiana Handyman Special Craftsman Bungalow Under $70K
OHU50K Notes $69,900
c.1919 Five Bedroom Indiana Handyman Special Craftsman Bungalow. There is plenty of original charm in this one! With some elbow grease it could shine like new. Located around the corner from Bayard Park.
Realtor Comments
Opportunity awaits!! This charming bungalow features 5 bedrooms and 3 bathrooms boasting over 3500sqft and is full of potential. Large living room with fireplace and built-ins and hardwood flooring. Dining room with wainscoting, built in cabinets and window bench storage. Large kitchen featuring butlers pantry. Two bedrooms and two bathrooms round out the rest of the main level. Upstairs features a large rec room, three additional bedrooms, and a bathroom. Full basement with tons of potential to finish out. Home has a one car detached garage. Whether becoming a great addition to your rental portfolio, or putting in some sweat equity yourself to make it your own, at $20/sqft, there is plenty upside for instant equity.
- 5 bed
- 3 bath
- Build date 1919
831 E Gum St, Evansville, IN 47713 $69,900
- Contact Realtor: Craig Elliott
- Google Map
- Niche
Pros of Living in Evansville
1) Affordable Cost of Living
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Housing, groceries, utilities and overall expenses are well below the U.S. average — especially home prices — so your dollar generally goes further here.
2) Lower Housing & Rental Costs
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Evansville offers especially attractive housing costs compared with many larger cities, making it easier to buy or rent comfortably.
3) Education Opportunities
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The city hosts reputable universities (University of Evansville and University of Southern Indiana) providing higher-ed options and cultural events.
4) Community Spirit & Family-Friendly Feel
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Many residents highlight the friendly community atmosphere, local events (like the West Side Nut Club Festival), and family activities.
5) Growing Downtown & Location
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Downtown Evansville has seen revitalization with new restaurants, shops, venues and entertainment, plus the city’s location lets you reach larger cities (Louisville, Nashville, Indianapolis) within a few hours.
6) Lower Traffic
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Compared to larger metros, traffic congestion is generally mild, so commutes are often shorter.
Cons of Living in Evansville
1) Crime and Safety Concerns
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Crime rates (both property and violent) are higher than the national average in parts of the city, particularly downtown at night.
2) Limited Public Transportation
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Public transit coverage is sparse, and most residents rely heavily on cars.
3) Weather & Environment
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Summers can be hot and very humid, and the region has occasional weather extremes (storms, tornado risk).
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Air quality can be impacted by nearby industry.
4) Economic & Job Market Limitations
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While there are jobs in healthcare, education and manufacturing, highly specialized or tech-focused roles may be limited. Wage growth can lag behind rising costs.
5) Poverty and Economic Inequality
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The city has a relatively high poverty rate compared to the state and national averages.
6) Limited Nightlife & Cultural Variety
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The nightlife and cultural/dining variety are modest compared to larger urban centers.
7) Neighborhood Variation
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Quality of neighborhoods varies — some areas are well-kept and desirable, while others struggle with infrastructure and investment.
8) Walkability and Bike Access
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Many parts of the city lack sidewalks and bike lanes, making it less pedestrian-friendly.
Local Perspectives (Anecdotal Insights)
Some residents report mixed experiences with utility costs and infrastructure, and others mention a quieter social scene or difficulties connecting socially — especially if you’re not originally from the area. These opinions vary widely depending on personal priorities.
