NOT LISTED FOR SALE

505 E 2nd St Mount Vernon, IN 47620

Estimated Value: $182,000 - $221,000

5 Beds
3 Baths
2,627 Sq Ft
$75/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $150,000 $57 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,248/month

4 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • 1.5 Car Garage
  • 1-Story Property

About This Home

As of January 2022

With over 2500 square feet, 3 bathrooms, on a corner lot with low maintenance, this property has so much potential and so many uses. The large open concept living room is over 26 feet wide with access to a formal dining room and kitchen. An architectural cut-out into the formal dining room or second living space showcases the guest bath and laundry room. Two bedrooms have a private ensuite and impressive walk-in closet, and the 3 additional bedrooms are well-sized and could be converted back fully or partially into a 3-car garage. Well insulated with a newer HVAC system, the home also features vinyl replacement windows and an updated breaker box. Outside is a 1.5-car brick carport and ample parking. Come by and dream a little!

Last Agent to Sell the Property

William Ritter

@properties Listed on: 01/19/2022

@properties

Last Buyer's Agent

Angie Simpkins

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,256

Year Built

  • Built in 1984

Lot Details

  • 9,888 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 1.5 Car Garage
  • Carport

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,627 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 65-27-08-140-078.000-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,256

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1984
  • Age: 38
  • Style: One Story
  • Total Number of Rooms: 8
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: N Owens Lot 45
  • Parcel Number ID: 65-27-08-140-078.000-018
  • Platted: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2627
  • Total Finished Sq Ft: 2627
  • Above Grade Finished Sq Ft: 2627
  • Price Per Sq Ft: 57.1
  • Basement Foundation: Slab
  • Living Great Room: Dimensions: 26x18, On Level: Main
  • Kitchen: Dimensions: 11x9, On Level: Main
  • Dining Room: Dimensions: 17x13, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 14x14, On Level: Main
  • Bedroom 3: Dimensions: 24x12, On Level: Main
  • Bedroom 4: Dimensions: 23x11, On Level: Main
  • Bedroom 5: Dimensions: 24x12, On Level: Main
  • Number of Main Level Full Bathrooms: 3

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Carport
  • Garage Number Of Cars: 1.5
  • Garage Size: Dimensions: 20x15
  • Garage Sq Ft: 300
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • 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, Level
  • Lot Dimensions: 0.227 Acres
  • Estimated Lot Sq Ft: 9888
  • Estimated Lot Size Acres: 0.227

Tax Info

  • Annual Taxes: 2256

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
Jan 19, 2022
Closed on
Jan 27, 2022
Sold by
Francis Angermeier
Bought by
Francis J Angermeier And Terri J Angermeier L and Angermeier Terri
Seller's Agent
William Ritter
@properties
Buyer's Agent
Angie Simpkins
ERA FIRST ADVANTAGE REALTY, INC
List Price
$150,000
Sold Price
$150,000
Total Days on Market
4
Current Estimated Value
$197,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,443
Avg. Annual Appreciation
7.69%

Purchase Details

Listed on
Jan 19, 2022
Closed on
Jan 22, 2022
Sold by
Angermeier Francis J and Angerme Terri
Bought by
Fischer Richard E and Fischer Karyn S
Seller's Agent
William Ritter
@properties
Buyer's Agent
Angie Simpkins
ERA FIRST ADVANTAGE REALTY, INC
List Price
$150,000
Sold Price
$150,000
Source: Public Records

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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 Buyer Sale Price Title Company
Francis J Angermeier And Terri J Angermeier L $150,000 None Listed On Document
Fischer Richard E $150,000 Regional Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Richard E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $150,000 0.0% $57 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $150,000 -- $57 / 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 $1,683 $168,300 $7,200 $161,100
2023 $1,412 $141,200 $7,200 $134,000
2022 $1,320 $132,000 $7,200 $124,800
2021 $2,434 $121,700 $7,200 $114,500
2020 $2,256 $112,800 $7,400 $105,400
2019 $2,230 $111,500 $7,400 $104,100
2018 $2,156 $107,800 $7,400 $100,400
2017 $2,138 $106,900 $8,000 $98,900
2016 $1,946 $97,300 $8,000 $89,300
2014 -- $93,400 $8,000 $85,400
2013 -- $97,500 $13,400 $84,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202201914

Indiana Regional MLS

APN: 65-27-08-140-078.000-018