NOT LISTED FOR SALE

506 E Lincoln Ave Mount Vernon, IN 47620

Estimated Value: $169,000 - $245,000

3 Beds
1.5 Baths
2,506 Sq Ft
$81/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $124,900 $50 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,206/month

56 Days on Market

Highlights

  • RV Parking in Community
  • Partially Wooded Lot
  • Workshop
  • Ranch Style House
  • Corner Lot
  • 5 Car Attached Garage

About This Home

As of September 2016

REMARKABLE PROPERTY SITUATED ON TWO PARCELS ON CORNER LOT W/MANY IMPROVEMENTS INCLUDING A SUN ROOM ADDITION, FINISHED BASEMENT & GARAGES UPON GARAGES UPON GARAGES-THERE ARE A TOTAL OF 5 GARAGE BAYS IN VARYING SIZES BETWEEN THE ATTACHED 1 CAR GARAGE & THE 4 BAYS ON THE DETACHED OUTBUILDING+3 CARPORTS PROFESSIONALLY COMPLETED ON E SIDE*DETACHED GARAGES HAVE A TON OF POWER AVAILABLE FOR ALL YOUR PROJECTS W/MULTIPLE 220 OUTLETS, GAS FURNACE & ALL BAYS W/GARAGE DOOR OPENERS*THE PROPERTY CONTINUES BEHIND THE OUTBUILDING TO THE ALLEY FOR EASY ACCESS TO W SIDE BAY+INCLUDES STORAGE SHED & ENCLOSED FENCE BETWEEN HOUSE & OUTBUILDING W/GATES*1 STORY PLAN W/FINISHED BASEMENT & EXTERIOR ENTRANCE INCLUDES HALF BATH DOWN, DECORATIVE GAS STOVE, BAR W/HUGE RECREATION SPACE OR LIVING QUARTERS W/OPTIONAL UTILITY/LAUNDRY ROOM +STORAGE*MAIN LEVEL OFFERS A LAUNDRY ROOM UP FOR CONVENIENCE (SELLER SAYS JUST CAN NOT USE BOTH LAUNDRY CONNECTIONS AT SAME TIME) 3 BEDROOMS, 1 FULL BATH MAIN LEVEL W/LIVING, DINING & KITCHEN*MECHANICAL EQUIPMENT UPDATED INCLUDING GAS FURNACE, CENTRAL AIR, 200 & 100 AMP SERVICES TO GARAGES & HOUSE, WATER HEATER, PLUS KITCHEN APPLIANCES & SECURITY SYSTEM! MUST SEE! TRULY UNIQUE PROPERTY W/IMMEDIATE AVAILABILITY!

Last Agent to Sell the Property

Laird & Christy Davis

DAVIS REALTY, LLC Listed on: 06/07/2016

Co-Listed By

Laird Davis

DAVIS REALTY, LLC

Last Buyer's Agent

Larry Davis

POSEY COUNTY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1948

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Partially Wooded Lot

Parking

  • 5 Car Attached Garage
  • Heated Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Shingle Roof
  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan
  • Double Pane Windows
  • Workshop
  • Carpet

Kitchen

  • Electric Oven or Range
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Block Basement Construction
  • 1 Bathroom in Basement

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 65-27-05-420-001.000-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,138

Year Built

Built in 1948

Lot Details

0

Parking

5

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1948
  • Age: 68
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: M & B RESURVEY E/2 LOT 1 & M & B RESURVEY LOT 8 |
  • Parcel Number ID: 65-27-05-420-001.000-018
  • Platted: Yes
  • Amenities: Alarm System-Security, Cable Available, Countertops-Laminate, Detector-Smoke, Disposal, Range/Oven Hook Up Elec, RV Parking, Workshop, Garage-Heated, Sump Pump
  • Cross Street: Harrison Street
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 652705420010000018
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2016
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2506
  • Total Finished Sq Ft: 2506
  • Above Grade Finished Sq Ft: 1381
  • Below Grade Finished Sq Ft: 1125
  • Price Per Sq Ft: 90.44
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Outside Entrance
  • Basement Material: Block
  • Flooring: Carpet
  • Living Great Room: Dimensions: 15x12, On Level: Main
  • Kitchen: Dimensions: 10x9, On Level: Main
  • Dining Room: Dimensions: 16x9, On Level: Main
  • Recreation Room: Dimensions: 24x22, On Level: Basement
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 12x13, On Level: Main
  • Bedroom 3: Dimensions: 15x9, On Level: Main
  • Other Room1: SUN ROOM, Dimensions: 16x15, On Level: Main
  • Other Room 2: STORAGE, Dimensions: 24x15, On Level: Basement
  • Other Room 3: SECOND LAUNDRY, Dimensions: 8x5, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1125

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Composite, Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 38x30
  • Fence: Partial, Chain Link
  • Outbuilding2: Shed, Dimensions: 14x10, 140

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 5
  • Garage Size: Dimensions: 22x12
  • Garage Sq Ft: 264
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Conventional, Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Mt. Vernon Water Works
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx3, On Level: 6

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, Partially Wooded, 0-2.9999
  • Lot Dimensions: Per Public Record
  • Estimated Lot Sq Ft: 14680
  • Estimated Lot Size Acres: 0.337

Green Features

  • Energy Efficient: Doors, Insulation, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows, Storm Doors

Tax Info

  • Annual Taxes: 1138
  • Exemptions: Disabled, Homestead, Supplemental

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 7, 2016
Closed on
Sep 19, 2016
Sold by
Becker Herman
Bought by
Marshall James P
Seller's Agent
Laird & Christy Davis
DAVIS REALTY, LLC
Buyer's Agent
Larry Davis
POSEY COUNTY REALTY
List Price
$134,900
Sold Price
$124,900
Premium/Discount to List
-$10,000
-7.41%
Current Estimated Value
$194,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,858
Avg. Annual Appreciation
5.01%
Original Mortgage
$87,430
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Marshall James P $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall James P $125,133
Closed Marshall James P $87,430
Previous Owner Becker Herman $85,900
Previous Owner Becker Herman $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $124,900 -7.4% $50 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $134,900 -- $54 / 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 $1,680 $167,300 $8,100 $159,200
2023 $1,418 $141,100 $8,100 $133,000
2022 $1,743 $132,900 $8,100 $124,800
2021 $1,502 $113,000 $13,700 $99,300
2020 $1,420 $105,800 $13,400 $92,400
2019 $1,370 $102,900 $13,400 $89,500
2018 $1,380 $100,400 $13,400 $87,000
2017 $1,312 $101,900 $13,400 $88,500
2016 $210 $73,700 $6,700 $67,000
2014 $182 $71,400 $6,700 $64,700
2013 $182 $77,500 $9,700 $67,800
Source: Public Records

Agents Affiliated with this Home

  • Laird & Christy Davis

    Seller's Agent in 2016

    Laird & Christy Davis

    DAVIS REALTY, LLC

    (812) 575-7147

    57 in this area

    81 Total Sales

    Section Image
  • Laird Davis

    Seller Co-Listing Agent in 2016

    Laird Davis

    DAVIS REALTY, LLC

    (812) 598-1052

    44 in this area

    57 Total Sales

    Section Image

  • L

    Buyer's Agent in 2016

    Larry Davis

    POSEY COUNTY REALTY

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201626338

Indiana Regional MLS

APN: 65-27-05-420-001.000-018

Indiana Posey County Mount Vernon 47620

506 E Lincoln Ave, Mount Vernon, IN

This home is located at 506 E Lincoln Ave, Mount Vernon, IN 47620 since 07 June 2016 and is currently estimated at $202,389, approximately $80 per square foot. This property was built in 1948. 506 E Lincoln Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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