$339,000
$21K PRICE DROP

12691 Point Rd Mount Vernon, IN 47620

Estimated payment $1,905/month

Total Views 4,727
3 Beds
1 Bath
1,176 Sq Ft
$288 Price per Sq Ft

Highlights

  • 40 Acre Lot
  • 1-Story Property
  • Level Lot
  • 2 Car Detached Garage
  • Central Air

About This Home

Wonderful investment opportunity with 40 acres of lovely Posey County farmland. This is an income producing property by leasing the land or farming it yourself! The home with some TLC can also be utilized as an additional income producer or fixed up to be a primary residence. A 40x80 pole barn is situated behind the home ideal for equipment storage or man-cave. An additional detached garage is located on the northwest corner of the property offering options for future trailer site or more storage. Here is your chance to affordably own your own farm and 40 acre plat in Posey County! All improvements and buildings are sold AS-IS.

Listing Agent

Mitch Schulz

Weichert Realtors-The Schulz Group Brokerage Phone: 812-499-6617 Listed on: 08/07/2025

Weichert Realtors-The Schulz Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,288

Year Built

  • Built in 1964

Lot Details

  • 40 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • West Elementary School
  • Mount Vernon Middle School
  • Mount Vernon High School

Utilities

  • Central Air
  • Propane
  • Cistern
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 65-19-05-300-023.000-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,288

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1964
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: NW SW 5-8-14 40A.
  • Parcel Number ID: 65-19-05-300-023.000-010
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2352
  • Total Finished Sq Ft: 1176
  • Above Grade Finished Sq Ft: 1176
  • Below Grade Sq Ft: 1176
  • Basement: Yes
  • Basement Foundation: Cellar
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1176

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Pole/Post Building, Dimensions: 40x80

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x30
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane
  • Sewer: Septic
  • Water Utilities: Cistern

Schools

  • Elementary School: West

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 1742400
  • Estimated Lot Size Acres: 40

Tax Info

  • Annual Taxes: 1288.2

MLS Schools

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

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,175 $152,200 $60,800 $91,400
2023 $645 $139,800 $52,600 $87,200
2022 $343 $126,700 $44,600 $82,100
2021 $148 $109,800 $39,300 $70,500
2020 $285 $107,600 $38,800 $68,800
2019 $401 $115,500 $43,700 $71,800
2018 $417 $115,900 $46,100 $69,800
2017 $967 $112,900 $51,900 $61,000
2016 $1,106 $118,100 $53,500 $64,600
2014 $978 $121,700 $55,300 $66,400
2013 $978 $139,000 $66,700 $72,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2025 09/29/25 Price Changed $339,000 -5.8% $288 / Sq Ft
08/07/2025 08/07/25 For Sale $360,000 -- $306 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202531261

Indiana Regional MLS

APN: 65-19-05-300-023.000-010