NOT LISTED FOR SALE

507 E Water St Mount Vernon, IN 47620

Estimated Value: $93,000 - $155,000

3 Beds
1.5 Baths
1,344 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $95,000 $71 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $788/month

38 Days on Market

Highlights

  • Covered Patio or Porch
  • Central Air
  • Privacy Fence
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Level Lot

About This Home

As of March 2020

Wonderful home on Water street in Posey county! This home offers immediate possession, a gorgeous kitchen, along side awesome interior features! You will appreciate the split floor plan , with one bedroom and full bath on the main level and two bedrooms and a half bath on the second level. The front covered porch welcomes you while the back deck and fully fenced yard completes your stay! The Seller is including all kitchen appliances as well as an AHS one year home warranty in the amount of $525.00 to the Buyer(s) at closing.

Last Agent to Sell the Property

Rick Mileham

ERA FIRST ADVANTAGE REALTY, INC Listed on: 12/20/2019

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Michael Melton

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $846

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 65-27-08-140-120.000-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$846

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 100
  • Style: Two Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: N OWENS 42' E PT LOT 69
  • Parcel Number ID: 65-27-08-140-120.000-018
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Open, Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.06
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1344
  • Total Finished Sq Ft: 1344
  • Above Grade Finished Sq Ft: 1344
  • Price Per Sq Ft: 70.68
  • Basement Foundation: Crawl
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Bedroom 1: Dimensions: 12x12, On Level: Upper
  • Bedroom 2: Dimensions: 11x10, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 12x10, 120
  • Fence: Privacy, Wood

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • 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
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Tax Info

  • Annual Taxes: 846

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
Dec 20, 2019
Closed on
Mar 2, 2020
Sold by
Bullard Brandon Scott
Bought by
Johnson James A
Seller's Agent
Rick Mileham
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Michael Melton
ERA FIRST ADVANTAGE REALTY, INC
List Price
$98,900
Sold Price
$95,000
Premium/Discount to List
-$3,900
-3.94%
Current Estimated Value
$131,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,381
Avg. Annual Appreciation
6.60%
Original Mortgage
$95,959
Outstanding Balance
$85,893
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$49,101

Purchase Details

Closed on
Jan 19, 2018
Sold by
Scheider Sara Beth and Bullard Sara
Bought by
Bullard Brandon Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2015
Sold by
Bullard Brandon Scott
Bought by
Bullard Brandon Scott and Bullard Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Johnson James A $95,000 True Title Service, Llc
Bullard Brandon Scott -- None Available
Bullard Brandon Scott -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson James A $95,959
Previous Owner Bullard Brandon Scott $71,200
Previous Owner Bullard Brandon Scott $71,200
Previous Owner Bullard Brandon Scott $73,800
Previous Owner Bullard Brandon Scott $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $95,000 -3.9% $71 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $98,900 0.0% $74 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
12/20/2019 12/20/19 For Sale $98,900 -- $74 / 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 $892 $89,200 $5,100 $84,100
2023 $592 $70,800 $5,100 $65,700
2022 $599 $66,300 $5,100 $61,200
2021 $568 $61,300 $5,100 $56,200
2020 $494 $51,900 $5,300 $46,600
2019 $468 $50,100 $5,300 $44,800
2018 $334 $47,900 $5,300 $42,600
2017 $314 $47,800 $5,700 $42,100
2016 $210 $39,000 $5,700 $33,300
2014 $213 $38,800 $5,700 $33,100
2013 $213 $39,200 $5,800 $33,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201953184

Indiana Regional MLS

APN: 65-27-08-140-120.000-018