NOT LISTED FOR SALE

3550 Buchanan Rd Mount Vernon, IN 47620

Estimated Value: $732,000 - $1,665,151

5 Beds
7 Baths
8,805 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $880,000 $100 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,846/month

308 Days on Market

Highlights

  • 772 Feet of Waterfront
  • In Ground Pool
  • 18.3 Acre Lot
  • Access To Lake
  • Primary Bedroom Suite
  • Lake Property

About This Home

As of May 2015

Beautiful country estate in Mount Vernon modeled on a Southern Living Dream Home. The home is situated on 18.5 wooded, rolling acres overlooking a 4.5 acre lake with a fountain. Enter through the security gate and follow the paved driveway to your private getaway. Five bedrooms, 5 full baths, and 2 half baths. The soaring foyer has porcelain tile and two window seats. The dining room off the foyer has a hand -painted mural on the ceiling. Through the foyer the soaring living room boasts lake views and a custom ventless fireplace. Master bedroom on main floor includes large dressing area, his and hers closets and bathroom with marble throughout. All bedrooms are en suite. Open kitchen with granite countertops, tile backsplash, large pantry, two dishwashers, Jenn-Aire cooktop, double-oven and Sub-Zero fridge. Kitchen opens to great room with custom wood-burning fireplace and hand-scraped wood floors. Family room in lower-level offers built-ins and wet bar. Lower level also includes a game room with tray ceiling and home gym. Spacious patio includes outside kitchen, fire pit and inground pool. Immaculate landscaping surrounds the home. Lake views and veranda access throughout the home. 3 car garage and large pole barn for equipment. Gorgeous private setting, just minutes from Evansville.

Last Agent to Sell the Property

Carolyn McClintock

F.C. TUCKER EMGE Listed on: 06/19/2014

F.C. TUCKER EMGE

Last Buyer's Agent

Janice Miller

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,105

Year Built

  • Built in 2002

Lot Details

  • 18.3 Acre Lot
  • 772 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Property has an invisible fence for dogs
  • Landscaped
  • Irregular Lot
  • Irrigation
  • Partially Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Concrete Siding
  • Composite Building Materials

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island
  • Stone Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Steam Shower
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Crawl Space

Home Security

  • Video Cameras
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Access To Lake
  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 65-12-22-400-020.009-017

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,105

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2002
  • Age: 13
  • Style: One and Half Story
  • Architectural Style: Cape Cod
  • Total Number of Rooms: 13
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 7
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 2
  • Legal Description: N PT SE 22-6-13 18.302A
  • Parcel Number ID: 65-12-22-400-020.009-017
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Built-In Bookcase, Built-In Entertainment Ct, Ceiling-9+, Ceiling-Cathedral, Ceiling-Tray, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Crown Molding, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Firepit, Foyer Entry, Garage Door Opener, Garden Tub, Home Warranty Included, Irrigation System, Kitchen Island, Landscaped, Pantry-Walk In, Patio Covered, Porch Covered, Steam Shower, Twin Sink Vanity, Utility Sink, Wet Bar, Alarm System-Sec. Cameras, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry, Washer Hook-Up
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 88.98
  • Special Features: None

Interior Features

  • Total Sq Ft: 9291
  • Total Finished Sq Ft: 8805
  • Above Grade Finished Sq Ft: 5810
  • Below Grade Finished Sq Ft: 2995
  • Below Grade Sq Ft: 486
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement, Walk-Out Basement, Finished
  • Basement Material: Block
  • Number Of Fireplaces: 3
  • Fireplace: Breakfast Room, Den, Family Rm, Gas Log, Wood Burning
  • Flooring: Hardwood Floors, Carpet, Tile
  • Kitchen: Dimensions: 17x24, On Level: Main
  • Breakfast Room: Dimensions: 16x18, On Level: Main
  • Dining Room: Dimensions: 17x17, On Level: Main
  • Family Room: Dimensions: 17x19, On Level: Main
  • Den: Dimensions: 13x19, On Level: Main
  • Recreation Room: Dimensions: 15x21, On Level: Lower
  • Extra Room: Exercise Room, Dimensions: 11x15, On Level: Lower
  • Bedroom 1: Dimensions: 15x20, On Level: Main
  • Bedroom 2: Dimensions: 13x18, On Level: Upper
  • Bedroom 3: Dimensions: 12x14, On Level: Upper
  • Bedroom 4: Dimensions: 13x17, On Level: Upper
  • Bedroom 5: Dimensions: 13x17, On Level: Lower
  • Other Room1: Theater Room, Dimensions: 16x30, On Level: Lower
  • Loft: Dimensions: 12x13, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 2
  • Total Below Grade Sq Ft: 3481

Exterior Features

  • Exterior: Brick, Concrete
  • Roof Material: Composite
  • Outbuilding1: Pole/Post Building, Dimensions: 40x60
  • Pool: Below Ground
  • Pool: Yes
  • Channel Canal Frontage: 772
  • Fence: Invisible
  • Lake Type: Non Ski Lake
  • Water Features: Walk to Lake Access
  • Water Frontage: 772
  • Water Name: You Name The Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 26x32
  • Garage Sq Ft: 832

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Hvac: Zoned Air Condtioning, Zoned Heating
  • Laundry: Dimensions: 7xMain, On Level: 10
  • Water Type: Lake

Schools

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

Lot Info

  • Lot Description: Irregular, Partially Wooded, Lake
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 797148
  • Estimated Lot Size Acres: 18.3

Tax Info

  • Annual Taxes: 8104.62
  • Exemptions: Homestead

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2014
Closed on
May 22, 2015
Sold by
Cox Kay L
Bought by
Aaron Joshua M and Aaron Jennifer A
Seller's Agent
Carolyn McClintock
F.C. TUCKER EMGE
Buyer's Agent
Janice Miller
ERA FIRST ADVANTAGE REALTY, INC
List Price
$1,250,000
Sold Price
$880,000
Premium/Discount to List
-$370,000
-29.6%
Current Estimated Value
$1,283,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,384
Avg. Annual Appreciation
3.71%
Original Mortgage
$792,000
Outstanding Balance
$609,020
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$674,364

Purchase Details

Listed on
Jun 19, 2014
Closed on
May 20, 2015
Sold by
Cox Barry E
Bought by
Cox Kay L
Seller's Agent
Carolyn McClintock
F.C. TUCKER EMGE
Buyer's Agent
Janice Miller
ERA FIRST ADVANTAGE REALTY, INC
List Price
$1,250,000
Sold Price
$880,000
Premium/Discount to List
-$370,000
-29.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Outstanding Balance
$609,020
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$674,364

Purchase Details

Closed on
May 30, 2014
Sold by
Cox Barry E
Bought by
Cox Kay L

Purchase Details

Closed on
Jun 23, 2009
Sold by
Cox Barry E and Cox Kay L
Bought by
Cox Kay L
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
Aaron Joshua M -- None Available
Cox Kay L -- None Available
Cox Kay L -- None Available
Cox Kay L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aaron Joshua M $792,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $880,000 -29.6% $100 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
06/19/2014 06/19/14 For Sale $1,250,000 -- $142 / 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 $12,420 $1,206,800 $74,900 $1,131,900
2023 $11,538 $1,115,300 $74,900 $1,040,400
2022 $10,926 $1,033,600 $69,200 $964,400
2021 $9,608 $911,700 $51,600 $860,100
2020 $9,411 $887,200 $50,400 $836,800
2019 $9,279 $875,000 $52,000 $823,000
2018 $9,229 $865,300 $52,000 $813,300
2017 $8,806 $857,300 $49,700 $807,600
2016 $8,556 $868,100 $49,700 $818,400
2014 $7,932 $847,100 $23,900 $823,200
2013 $7,932 $862,800 $22,400 $840,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201425383

Indiana Regional MLS

APN: 65-12-22-400-020.009-017