1305 Locust St Mount Vernon, IN 47620
Estimated payment $995/month
Total Views
573
4
Beds
1.5
Baths
1,301
Sq Ft
$111
Price per Sq Ft
Highlights
- Popular Property
- 1 Car Attached Garage
- Level Lot
- Ranch Style House
- Forced Air Heating and Cooling System
About This Home
Outstanding Opportunity to purchase an investment portfolio of 28 Evansville single family homes that are all currently rented. This property is 1 of 28 properties - Can be purchased as a group, in smaller packages or individually. All properties have been remodeled within the last 3 years. Most are fully tenant-occupied with strong in-place rents. This is a turnkey package ideal for institutional buyers, hedge funds, or large-scale investors. Do not disturb tenants.
Listing Agent
BAKER AUCTION & REALTY Brokerage Phone: 812-491-6247 Listed on: 09/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,535
Year Built
- Built in 1978
Lot Details
- 9,801 Sq Ft Lot
- Lot Dimensions are 70x140
- Level Lot
- Property is zoned R-1 Residential Single-Family
Parking
- 1 Car Attached Garage
Home Design
- 1,301 Sq Ft Home
- Ranch Style House
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Block Basement Construction
- Crawl Space
Schools
- West Elementary School
- Mount Vernon Middle School
- Mount Vernon High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- Company Subdivision
Listing and Financial Details
- Assessor Parcel Number 65-27-05-421-032.001-018
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,404 | $70,200 | $6,400 | $63,800 |
| 2023 | $1,440 | $72,000 | $6,400 | $65,600 |
| 2022 | $2,414 | $120,700 | $6,400 | $114,300 |
| 2021 | $1,992 | $99,600 | $10,800 | $88,800 |
| 2020 | $1,846 | $92,300 | $10,500 | $81,800 |
| 2019 | $1,782 | $89,100 | $10,500 | $78,600 |
| 2018 | $1,766 | $88,300 | $10,500 | $77,800 |
| 2017 | $401 | $87,300 | $10,500 | $76,800 |
| 2016 | $562 | $96,300 | $10,500 | $85,800 |
| 2014 | $464 | $92,600 | $10,500 | $82,100 |
| 2013 | $464 | $95,400 | $13,900 | $81,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | For Sale | $145,000 | -- | $111 / Sq Ft |
Source: Indiana Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $65,000 | None Listed On Document | |
| Sheriffs Deed | $36,300 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $196,500 | Credit Line Revolving | |
| Closed | $101,042 | Construction | |
| Previous Owner | $48,700 | Commercial | |
| Previous Owner | $32,600 | New Conventional |
Source: Public Records
Similar Homes in Mount Vernon, IN
Source: Indiana Regional MLS
MLS Number: 202535546
APN: 65-27-05-421-032.001-018
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