NOT LISTED FOR SALE

311 Vine St Mount Vernon, IN 47620

Estimated Value: $47,736 - $84,000

2 Beds
2 Baths
1,252 Sq Ft
$51/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $29,000 $23 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $379/month

1 Day on Market

Highlights

  • Covered Patio or Porch
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of September 2018

Duplex in Posey County on Vine. Featuring two: 1 bedroom,1 bath units. Property has partial crawl and partial basement/cellar. One unit is vacant and one is occupied. The one vacant unit is in need of several repairs prior to leasing. Possession is subject to Tenants rights.

Last Agent to Sell the Property

Rick Mileham

ERA FIRST ADVANTAGE REALTY, INC Listed on: 09/24/2018

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Rick Mileham

ERA FIRST ADVANTAGE REALTY, INC Listed on: 09/24/2018

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $474

Year Built

  • Built in 1920

Lot Details

  • 9,801 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for building insurance, tax
  • Assessor Parcel Number 65-27-08-244-061.000-018

Community Details

Overview

  • 2 Units
  • Lowry & Larkin Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$474

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 98
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOWRY & LARKIN PT 5 & 8 BLK 2 |
  • Parcel Number ID: 65-27-08-244-061.000-018
  • Platted: Yes
  • Amenities: Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 475
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 1538
  • Total Finished Sq Ft: 1252
  • Above Grade Finished Sq Ft: 1252
  • Below Grade Sq Ft: 286
  • Price Per Sq Ft: 23.16
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 286
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: CenterPoint Energy
  • Annual Insurance Expense: 1000
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 9801
  • Estimated Lot Size Acres: 0.225

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Tax

Multi Family

  • Gross Monthly Rent: 475
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 474

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
Sep 24, 2018
Closed on
Sep 28, 2018
Sold by
Rohlman John W
Bought by
Brash Properties Llc
Seller's Agent
Rick Mileham
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Rick Mileham
ERA FIRST ADVANTAGE REALTY, INC
List Price
$29,000
Sold Price
$29,000
Current Estimated Value
$63,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,579
Avg. Annual Appreciation
13.23%
Original Mortgage
$29,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2005
Sold by
Russell Pattie Jeanne and Russell William T
Bought by
Rohlman John W and Rohlman Anna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.07%
Mortgage Type
New Conventional
Source: Public Records

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
Brash Properties Llc -- None Available
Rohlman John W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brash Properties Llc $760,000
Closed Brash Properties Llc $340,000
Closed Brash Properties Llc $15,000
Closed Brash Properties Llc $29,000
Previous Owner Rohlman John W $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $29,000 0.0% $23 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $29,000 -- $23 / 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 $392 $26,800 $7,000 $19,800
2023 $536 $26,800 $7,000 $19,800
2022 $508 $25,400 $7,000 $18,400
2021 $476 $23,800 $7,000 $16,800
2020 $472 $23,600 $7,400 $16,200
2019 $482 $24,100 $7,400 $16,700
2018 $466 $23,300 $7,400 $15,900
2017 $474 $23,700 $7,900 $15,800
2016 $1,202 $30,400 $7,900 $22,500
2014 $664 $33,200 $7,900 $25,300
2013 $664 $35,000 $9,500 $25,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201843449

Indiana Regional MLS

APN: 65-27-08-244-061.000-018