Listing courtesy of ERA FIRST ADVANTAGE REALTY, INC · Listing agent: Janice Miller · Office: 812-858-2400

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ActiveSite-Built Home

518 Gun Powder Lane

$200,000

$205.76 / sq ft

Est. $1,242/mo

Evansville, IN 47711Old State

Original price $205,000 · Price reduced on September 22, 2026

  • 1-car garage
Bedrooms
3
Bathrooms
1.5
Living area
972 sq ft
Lot
0.14 ac
Year built
1980
Type
Site-Built Home
Listed
September 16, 2026
MLS #
202638304

Open houses

About this home

Welcome to 518 Gun Powder Lane, where a fresh transformation has given this home an entirely new look and feel! Nearly unrecognizable from its previous appearance, this refreshed 3-bedroom, 1.5-bath home is ready to welcome its new owners. Step inside to a bright and inviting living room, with a conveniently located coat closet near the entry providing the perfect drop zone for everyday essentials. Continuing down the hallway, you’ll find the primary bedroom featuring its own private half bath and separate closet spaces. Two additional bedrooms and a full hall bath complete the bedroom wing, creating a functional and comfortable layout. The conveniently located kitchen connects easily to the laundry closet and provides direct access to the attached garage. Just off the kitchen, step outside onto the freshly improved deck overlooking the sizable, fully fenced backyard—offering plenty of room for outdoor entertaining, pets, play, or simply relaxing. With its refreshed appearance, practical floor plan, attached garage, and spacious fenced backyard, 518 Gun Powder Lane offers a fresh start and a home that is truly ready for its next chapter.

Monthly payment estimate

$1,242/mo

Principal & interest
$1,095
Property taxes
$89
Homeowners insurance
$58
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details

Interior

Levels
One
Total rooms
5
Total area
972 sq ft
Finished area above grade
972 sq ft
Main level
972 sq ft
Bedrooms above grade
3
Full baths, main level
1
Half baths, main level
1
Basement
Slab
Flooring
Tile, Vinyl
Heating
Forced Air
Cooling
Central Air
Appliances
Disposal
Laundry
Electric Dryer Hookup, Main Level
Interior features
Ceiling Fan(s), Closet(s) Cedar, Countertops-Laminate, Eat-in Kitchen, Open Floorplan, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up

Exterior & parking

Style
Ranch
Construction
Brick, Vinyl Siding
Roof
Asphalt
Garage spaces
1
Attached garage
Yes
Garage type
Attached
Garage sq ft
324 sq ft
Parking
Garage Door Opener, Asphalt
Private pool
No
Fencing
Privacy, Wood
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Old State
Lot features
Level, 0-2.9999
Lot size (acres)
0.14 ac
Lot dimensions
53X115
Location type
City/Town/Suburb
County
Vanderburgh County
Township
Center
Platted
Yes
Planned unit development
No
Directions
41N, L on Petersburgh Rd, R on Old State, R on Eissler, R on Drybranch, R on Gun Powder.

Schools

Elementary school
Highland
Middle school
Thompkins
High school
Central
School district
Evansville-Vanderburgh School Corp.

HOA & community

Association restrictions
No

Taxes & terms

Annual taxes
$1,064
Tax year
2026
Tax exemptions
Homestead
Listing terms
Cash, Conventional, FHA, VA
Possession
Neg.
Parcel number
82-04-32-002-494.030-019

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Washer,Dryer-Electric,Range-Electric,Water Heater Electric,Window Treatment-Blinds

Utilities

Water
Public
Sewer
Public Sewer
Electric provider
CenterPoint Energy
Water provider
Evansville Water & Sewer

Location

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$200,000

3 beds · 1.5 baths