NOT LISTED FOR SALE

1228 E 3rd St Mount Vernon, IN 47620

Estimated Value: $111,000 - $127,000

2 Beds
1 Bath
1,264 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $104,900 $83 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $706/month

4 Days on Market

Highlights

  • Covered patio or porch
  • Bungalow
  • Forced Air Heating and Cooling System
  • 2.5 Car Detached Garage
  • 1-Story Property
  • Level Lot

About This Home

As of January 2023

This home has loads of potential. Nice 2 bedroom, one bath home with comfortable outdoor areas to relax and enjoy time with family and friends. The potential comes with the large attached room that current owner was in the process of turning into a master suite to make this home a 3 beroom 2 bath. The landscaping is well done and rear yard covered patio leads out to the 2.5 car detached garage. Priced to sell.

Last Listed By

Monica Kittinger

F.C. TUCKER/SHRODE Listed on: 12/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $504

Year Built

  • Built in 1951

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60 x 139
  • Level Lot
  • Property is zoned R-1 Residential Single-Family

Parking

  • 2.5 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Construction Material

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Marrs Elementary School
  • Mount Vernon Middle School
  • Mount Vernon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 65-27-09-210-052.000-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$504

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1951
  • Age: 72
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: MT.VERNON REALTY LOT 55
  • Parcel Number ID: 65-27-09-210-052.000-018
  • Platted: Yes
  • Amenities: Patio Covered, Patio Open
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1264
  • Total Finished Sq Ft: 1264
  • Above Grade Finished Sq Ft: 1264
  • Price Per Sq Ft: 82.99
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 16x12, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Dining Room: Dimensions: 16x9, On Level: Main
  • Extra Room: Potential!!, Dimensions: 20x16, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 26x24
  • Garage Sq Ft: 624
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: CenterPoint Energy
  • Water Company: Mt. Vernon Water Works

Schools

  • School District: MSD of Mount Vernon
  • Elementary School: Marrs
  • Middle School: Mount Vernon
  • High School: Mount Vernon
  • Elementary School: Marrs

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60 x 139
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Tax Info

  • Annual Taxes: 504
  • Exemptions: Homestead

MLS Schools

  • High School: Mount Vernon
  • Middle School: Mount Vernon
  • School District: MSD of Mount Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Jan 20, 2023
Sold by
Rutledge Robert D
Bought by
Brakie Derek James
Seller's Agent
Monica Kittinger
F.C. TUCKER/SHRODE
Buyer's Agent
Theresa Catanese
Catanese Real Estate
List Price
$104,900
Sold Price
$104,900
Total Days on Market
4
Views
32
Current Estimated Value
$117,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,851
Avg. Annual Appreciation
5.18%
Original Mortgage
$106,464
Outstanding Balance
$103,586
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$14,165

Purchase Details

Closed on
Jul 22, 2011
Sold by
Russell Kirby J
Bought by
Rutledge Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,605
Interest Rate
3.87%
Mortgage Type
FHA

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brakie Derek James $104,900 Hometown Title
Rutledge Robert D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brakie Derek James $106,464
Previous Owner Rutledge Robert D $30,000
Previous Owner Rutleoge Robert D $40,500
Previous Owner Rutledge Robert D $46,000
Previous Owner Rutledge Robert D $53,605
Previous Owner Russell Kirby J $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $104,900 0.0% $83 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $104,900 -- $83 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $632 $72,900 $6,500 $66,400
2023 $525 $62,800 $6,500 $56,300
2022 $1,184 $59,200 $6,500 $52,700
2021 $505 $54,500 $6,500 $48,000
2020 $487 $51,200 $6,600 $44,600
2019 $464 $49,700 $6,600 $43,100
2018 $445 $48,400 $6,600 $41,800
2017 $352 $52,100 $7,300 $44,800
2016 $362 $55,800 $7,300 $48,500
2014 $332 $54,100 $7,300 $46,800
2013 $332 $53,800 $6,400 $47,400
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202248616

Indiana Regional MLS

APN: 65-27-09-210-052.000-018