$75,000
SOLD JAN 24, 2025

321 E Lincoln Ave Mount Vernon, IN 47620

3 Beds
1 Bath
884 Sq Ft
0.27 Acres

Recently Sold

$85 Per Sq Ft

2 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of July 2025

Located on the west edge of town in Mt. Vernon, this 3 bedroom home is ready for a refresh inside. Great investment or rental potential for the novice real estate investor. Hall bathroom with newer toilet and fiberglass walk-in shower. 2 car detached garage for parking and storage and nice size backyard. Lots of potential here for the next owner. Home to be sold in as-is, where-is condition with any all defects.

Last Agent to Sell the Property

Ryan Mitchell

ERA FIRST ADVANTAGE REALTY, INC Brokerage Phone: 812-858-2400 Listed on: 12/16/2024

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Cori Walton

KELLER WILLIAMS CAPITAL REALTY

KELLER WILLIAMS CAPITAL REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 70x165
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 884 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Basement

  • Block Basement Construction
  • Crawl Space

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 65-27-05-400-056.000-018

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1955
  • Age: 69
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT NWSE 5-7-13.27A
  • Parcel Number ID: 65-27-05-400-056.000-018
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Eat-In Kitchen, Stand Up Shower
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 884
  • Total Finished Sq Ft: 884
  • Above Grade Finished Sq Ft: 884
  • Price Per Sq Ft: 84.84
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 16x10, On Level: Main
  • Kitchen: Dimensions: 7x11, On Level: Main
  • Bedroom 1: Dimensions: 11x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x28
  • Garage Sq Ft: 616
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

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
  • Lot Dimensions: 70x165
  • Estimated Lot Sq Ft: 11761
  • Estimated Lot Size Acres: 0.27

Tax Info

  • Exemptions: Disabled Vet, Homestead, Over 65

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 16, 2024
Closed on
Jan 24, 2025
Sold by
Effinger Steven G
Bought by
Davis Properties Llc
Seller's Agent
Ryan Mitchell
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Cori Walton
KELLER WILLIAMS CAPITAL REALTY
List Price
$75,000
Sold Price
$75,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
331.02%
Original Mortgage
$101,280
Outstanding Balance
$101,011
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$54,697

Purchase Details

Listed on
Jun 15, 2015
Closed on
Dec 2, 2015
Sold by
Thomas Alan W
Bought by
Effinger Steven G
Seller's Agent
Doreen Hallenberger
RE/MAX REVOLUTION
Buyer's Agent
Julia Vantlin
F.C. TUCKER/SHRODE
List Price
$82,000
Sold Price
$53,000
Premium/Discount to List
-$29,000
-35.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$53,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2014
Sold by
Thomas Alan W
Bought by
Thomas Glenda L

Purchase Details

Closed on
Oct 12, 2012
Sold by
Thomas Glenda L
Bought by
Thomas Alan W
Source: Public Records

Similar Home in Mount Vernon, IN

  • 519 E Water St, Mount Vernon, IN 47620

    $60,000

    • 2 Beds
    • 1 Bath
    • 748 Sq Ft
    • 519 E Water St
    • Mount Vernon, IN

    What a great opportunity in the heart of Mt. Vernon! Your next summer project at an amazing price! Inside you'll find a great floor plan with an eat-in kitchen and spacious rooms. Fenced back yard for privacy. Unfinished basement for extra storage!

    Kristie Kirsch SOLID GOLD REALTY, INC.

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Guardian Deed -- None Listed On Document
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,280 New Conventional
Closed $53,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Sold $160,000 -3.0% $181 / Sq Ft
06/21/2025 06/21/25 Pending -- -- --
06/12/2025 06/12/25 For Sale $165,000 +120.0% $187 / Sq Ft
01/24/2025 01/24/25 Sold $75,000 0.0% $85 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
12/16/2024 12/16/24 For Sale $75,000 +41.5% $85 / Sq Ft
12/02/2015 12/02/15 Sold $53,000 -35.4% $60 / Sq Ft
09/19/2015 09/19/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $82,000 -- $93 / 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 -- $97,800 $7,100 $90,700
2023 -- $79,100 $7,100 $72,000
2022 $0 $74,400 $7,100 $67,300
2021 $0 $65,300 $12,100 $53,200
2020 $0 $62,500 $11,800 $50,700
2019 $0 $61,300 $11,800 $49,500
2018 $0 $59,100 $11,800 $47,300
2017 $0 $60,800 $11,800 $49,000
2016 -- $64,500 $11,800 $52,700
2014 $688 $63,800 $11,800 $52,000
2013 $688 $66,800 $15,100 $51,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202447372

Indiana Regional MLS

APN: 65-27-05-400-056.000-018