NOT LISTED FOR SALE

425 N Canal St Mount Vernon, IN 47620

Estimated Value: $47,000 - $88,000

2 Beds
1 Bath
885 Sq Ft
$82/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $45,000 $51 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $435/month

94 Days on Market

Highlights

  • 1-Story Property
  • Level Lot
  • 4-minute walk to Mt Vernon Parks & Recreation
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

Looking for a great income producer?This property has a history of a solid rental income with low utililties.New lower price!! Seller is motivated to sell. Dont miss your chance to own this adorable home!! Its in great condition and move in ready. Located close to shopping, schools, library, banking and restaurants. Updated throughout include all new flooring, fresh paint, LED lighting, and much more. Newer roof (exact age unknown). Seller states utility bills are low. Home has hook up in place for stackable washer/dryer.

Last Agent to Sell the Property

Monica Kittinger

F.C. TUCKER/SHRODE Listed on: 10/30/2023

Last Buyer's Agent

Monica Kittinger

F.C. TUCKER/SHRODE Listed on: 10/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $552

Year Built

  • Built in 1900

Lot Details

  • 4,879 Sq Ft Lot
  • Lot Dimensions are 35 x 140
  • Level Lot
  • Property is zoned R-1 Residential Single-Family

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 885 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

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 65-27-08-114-015.000-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$552

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 124
  • Style: One Story
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Parks S/2 N/2 Lots 214 &215
  • Parcel Number ID: 65-27-08-114-015.000-018
  • Platted: Yes
  • Inside City Limits: Yes
  • Sp Lp Percent: 81.82
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 885
  • Total Finished Sq Ft: 885
  • Above Grade Finished Sq Ft: 885
  • Price Per Sq Ft: 50.85
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 14x14, On Level: Main
  • Kitchen: Dimensions: 14x14, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

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: 35 x 140
  • Estimated Lot Sq Ft: 4879
  • Estimated Lot Size Acres: 0.112

Tax Info

  • Annual Taxes: 552

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
Oct 30, 2023
Closed on
Feb 13, 2024
Sold by
Davis Properties Llc
Bought by
Mckellips David and Mckellips Celia
Seller's Agent
Monica Kittinger
F.C. TUCKER/SHRODE
Buyer's Agent
Monica Kittinger
F.C. TUCKER/SHRODE
List Price
$79,900
Sold Price
$45,000
Premium/Discount to List
-$34,900
-43.68%
Views
268
Current Estimated Value
$72,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,448
Avg. Annual Appreciation
39.21%

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 3, 2022
Sold by
Dre Properties Llc
Bought by
Davis Properties Llc
Seller's Agent
Cori Walton
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Cori Walton
KELLER WILLIAMS CAPITAL REALTY
List Price
$25,000
Sold Price
$23,600
Premium/Discount to List
-$1,400
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.48%
Original Mortgage
$137,633
Interest Rate
4.99%
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
Mckellips David $45,000 None Listed On Document
Davis Properties Llc -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Properties Llc $46,244
Previous Owner Davis Properties Llc $137,633
Previous Owner Duckworth Shawn R $30,903
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $45,000 -18.2% $51 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/12/2024 01/12/24 Price Changed $55,000 -6.8% $62 / Sq Ft
12/28/2023 12/28/23 Price Changed $59,000 -9.2% $67 / Sq Ft
12/14/2023 12/14/23 Price Changed $65,000 -7.0% $73 / Sq Ft
11/27/2023 11/27/23 Price Changed $69,900 -6.8% $79 / Sq Ft
11/15/2023 11/15/23 Price Changed $75,000 -6.1% $85 / Sq Ft
10/30/2023 10/30/23 For Sale $79,900 +238.6% $90 / Sq Ft
08/03/2022 08/03/22 Sold $23,600 -5.6% $27 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $25,000 -- $28 / 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 $494 $24,700 $6,700 $18,000
2023 $484 $24,200 $6,700 $17,500
2022 $552 $27,600 $6,700 $20,900
2021 $506 $25,300 $6,700 $18,600
2020 $472 $23,600 $6,500 $17,100
2019 $462 $23,100 $6,500 $16,600
2018 $446 $22,300 $6,500 $15,800
2017 $448 $22,400 $6,700 $15,700
2016 $456 $22,800 $6,700 $16,100
2014 $444 $22,200 $6,700 $15,500
2013 $444 $28,500 $6,100 $22,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202340032

Indiana Regional MLS

APN: 65-27-08-114-015.000-018