NOT LISTED FOR SALE

331 E 2nd St Mount Vernon, IN 47620

Estimated Value: $59,591 - $184,000

6 Beds
2 Baths
6,250 Sq Ft
$16/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $55,000 $9 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $652/month

72 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Ceiling height of 9 feet or more

About This Home

As of September 2022

This home is located at 331 E 2nd St, Mount Vernon, IN 47620 since 27 June 2022 and is currently estimated at $96,898, approximately $15 per square foot. This property was built in 1835. 331 E 2nd St is a home located in Posey County with nearby schools including Mount Vernon Junior High School, Mount Vernon High School, and St. Matthew Elementary School.

Last Listed By

Aaron Wilson

Hahn Kiefer Real Estate Services Listed on: 06/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,134

Year Built

  • Built in 1835

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70 x 140
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 6,250 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Cellar
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiant Heating System
  • Gas Water Heater

Community Details

  • 2 Units
  • Mount Vernon Realty Subdivision

Listing and Financial Details

  • Assessor Parcel Number 65-27-08-140-086.000-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,134

Year Built

Built in 1835

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1835
  • Age: 187
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: N OWENS LOT 40/ 1'E PT LOT 39
  • Parcel Number ID: 65-27-08-140-086.000-018
  • Platted: Yes
  • Amenities: Fireplace, Off Street Parking, Ceiling-9+, Water Heater Gas
  • Sp Lp Percent: 68.84
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 6250
  • Total Finished Sq Ft: 6250
  • Above Grade Finished Sq Ft: 6250
  • Price Per Sq Ft: 8.8
  • Basement: Yes
  • Basement Foundation: Crawl, Cellar
  • Flooring: Wood, Tile

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Wall AC, Window
  • Heating Fuel: Radiant
  • Sewer: Public
  • Water Utilities: Public

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: Corner
  • Lot Dimensions: 70 x 140
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Tax Info

  • Annual Property Tax: 1134

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2

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
Jun 27, 2022
Closed on
Sep 26, 2022
Sold by
Reese Misty K
Bought by
Husky Homes Llc
Seller's Agent
Aaron Wilson
Hahn Kiefer Real Estate Services
Buyer's Agent
Jenny McBride
KELLER WILLIAMS CAPITAL REALTY
List Price
$89,900
Sold Price
$55,000
Premium/Discount to List
-$34,900
-38.82%
Total Days on Market
72
Current Estimated Value
$96,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,898
Avg. Annual Appreciation
24.23%

Purchase Details

Closed on
Nov 3, 2015
Sold by
Reese Shonece
Bought by
Reese Mistyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2009
Sold by
Reese Shonece
Bought by
Reese Shonece

Range of Values:

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Average Value
Not Available
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
Husky Homes Llc -- --
Reese Mistyn K -- Attorney
Reese Shonece -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Husky Homes Llc $139,831
Previous Owner Reese Mistyn K $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $55,000 -31.2% $9 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $79,900 -11.1% $13 / Sq Ft
06/27/2022 06/27/22 For Sale $89,900 -- $14 / 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 $1,378 $68,900 $7,200 $61,700
2023 $1,420 $71,000 $7,200 $63,800
2022 $1,226 $81,500 $7,200 $74,300
2021 $1,134 $74,900 $7,200 $67,700
2020 $1,156 $75,800 $7,400 $68,400
2019 $1,320 $73,400 $7,400 $66,000
2018 $1,258 $70,300 $7,400 $62,900
2017 $740 $75,000 $7,900 $67,100
2016 $760 $80,700 $7,900 $72,800
2014 $1,644 $77,700 $7,900 $69,800
2013 $1,644 $80,100 $9,700 $70,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202226089

Indiana Regional MLS

APN: 65-27-08-140-086.000-018