NOT LISTED FOR SALE

12691 Point Rd Mount Vernon, IN 47620

Mount Vernon Area

Estimated Value: $209,000 - $292,000

3 Beds
1 Bath
1,176 Sq Ft
$205/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2026

Last sale price $230,000 $196 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,489 / mo

211 Days on Market

Highlights

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

About This Home

As of April 2026

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.

Last Agent to Sell the Property

Mitch Schulz

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

Weichert Realtors-The Schulz Group

Last Buyer's Agent

Charles Pfohl

Trueblood Real Estate

Trueblood Real Estate

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

40 Acres

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2025
Closed on
Apr 8, 2026
Sold by
Bought by
Seller's Agent
Mitch Schulz
Weichert Realtors-The Schulz Group
Buyer's Agent
Charles Pfohl
Trueblood Real Estate
List Price
$360,000
Sold Price
$230,000
Premium/Discount to List
-$130,000
-36.11%
Views
301
Current Estimated Value
$241,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,019
Avg. Annual Appreciation
15.75%
Source: Public Records

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 Buyer Sale Price Title Company
-- Columbia Title
Source: Public Records

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 Borrower Loan Amount
Previous Owner $39,600
Source: Public Records

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
04/08/2026 04/08/26 Sold $230,000 -23.3% $196 / Sq Ft
03/06/2026 03/06/26 Pending -- -- --
11/18/2025 11/18/25 Price Changed $299,900 -11.5% $255 / Sq Ft
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

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 $1,946 $136,100 $52,000 $84,100
2024 $1,248 $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

Agents Affiliated with this Home

  • Mitch Schulz Real Estate Agent - Weichert Realtors-The Schulz Group

    Seller's Agent in 2026

    Mitch Schulz

    Weichert Realtors-The Schulz Group

    (812) 499-6617

    328 Total Sales

    Mitch Schulz
    Section Image
  • Charles Pfohl Real Estate Agent - Trueblood Real Estate

    Buyer's Agent in 2026

    Charles Pfohl

    Trueblood Real Estate

    (812) 779-4722

    20 Total Sales

    Charles Pfohl
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202531261

Indiana Regional MLS

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

Indiana Posey County Mount Vernon 47620

12691 Point Rd, Mount Vernon, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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