NOT LISTED FOR SALE

5116 Nation Rd Mount Vernon, IN 47620

Estimated Value: $217,144 - $280,000

3 Beds
1 Bath
1,752 Sq Ft
$145/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $154,000 $88 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,473/month

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bathtub with Shower
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • Pasture
  • Ceiling Fan

About This Home

As of March 2015

Rare opportunity to own an updated 3 bedroom home with a 40x50 pole barn on 7 acres. The front entry door opens to the open Living and Dining rooms. Large eat-in Kitchen with an eating bar and a large picture window where you can enjoy the beautiful views of the country side. Main level Master bedroom with a double closet. Updated full bath and main level Laundry room for added convenience. 2 large Bedrooms on the 2nd level with nice closet space. Unfinished basement . The 40x 50 Pole Barn was built in 2005 and includes water and 100 amp service. The barn also has 3 stalls built with room for a 4th stall, all with individual doors to the outside. Also includes a 2 car detached garage. Updates include: 2014-new A/C condenser unit, side door and storm door, 2013–new water heater, 2012–new flooring in LR and Laundry room, new drywall and paint in LR and Kitchen and paint upstairs, 2009-new 95% high efficiency gas furnace, new front door and storm door, 2008-replaced electrical wiring and outlets, bathroom updated with Rebath, toilet, sink counter and faucet, 2007-high efficiency Champion windows, 2004 updated electrical service to 200 amp. Move-in condition!

Last Agent to Sell the Property

ELLEN NORTON

F.C. TUCKER EMGE Listed on: 02/05/2015

Last Buyer's Agent

Anita Corne

F.C. TUCKER EMGE

F.C. TUCKER EMGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $637

Year Built

  • Built in 1925

Lot Details

  • 7.01 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Schools

  • Farmersville Elementary School
  • Mount Vernon Middle School
  • Mount Vernon High School

Farming

  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 65-12-25-300-015.000-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$637

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1925
  • Age: 90
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: E/2 SW SW 25-6-13 7.01 |
  • Parcel Number ID: 65-12-25-300-015.000-017
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Range/Oven Hk Up Gas/Elec, Tub/Shower Combination, Main Floor Laundry
  • Location: Rural
  • Sp Lp Percent: 100.33
  • Year Taxes Payable: 2014
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2082
  • Total Finished Sq Ft: 1752
  • Above Grade Finished Sq Ft: 1752
  • Below Grade Sq Ft: 330
  • Price Per Sq Ft: 87.9
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 20x14, On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 18x14, On Level: Upper
  • Bedroom 3: Dimensions: 14x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 330

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Composite
  • Outbuilding1: Pole/Post Building, Dimensions: 50x40, 2,000

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x20
  • Garage Sq Ft: 480
  • Garage: Yes

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Laundry: Dimensions: Mainx6, On Level: 6

Schools

  • School District: Mount Vernon Community School Corp.
  • Elementary School: Farmersville
  • Middle School: Mount Vernon
  • High School: Mount Vernon
  • Elementary School: Farmersville

Lot Info

  • Lot Description: Rolling, 6-9.999, Pasture
  • Estimated Lot Sq Ft: 305356
  • Estimated Lot Size Acres: 7.01

Tax Info

  • Annual Taxes: 637.34

MLS Schools

  • High School: Mount Vernon
  • Middle School: Mount Vernon
  • School District: Mount Vernon Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2015
Closed on
Mar 26, 2015
Sold by
Schmitt Bryan and Schmitt Tanya L
Bought by
Dixon Nathaniel H
Seller's Agent
ELLEN NORTON
F.C. TUCKER EMGE
Buyer's Agent
Anita Corne
F.C. TUCKER EMGE
List Price
$153,500
Sold Price
$154,000
Premium/Discount to List
$500
0.33%
Current Estimated Value
$254,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,048
Avg. Annual Appreciation
4.57%
Original Mortgage
$74,000
Outstanding Balance
$29,426
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$215,743

Purchase Details

Closed on
Dec 12, 2014
Sold by
Schmitt Bryan
Bought by
Schmitt Bryan and Schmitt Tanya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 14, 2009
Sold by
Schmitt Steven
Bought by
Schmitt Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
5.05%
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
Dixon Nathaniel H -- None Available
Schmitt Bryan -- None Available
Schmitt Bryan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Nathaniel H $74,000
Previous Owner Schmitt Bryan $109,000
Previous Owner Schmitt Bryan $124,800
Previous Owner Schmitt Bryan $148,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2015 03/26/15 Sold $154,000 +0.3% $88 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $153,500 -- $88 / 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 $1,073 $142,200 $34,000 $108,200
2023 $925 $128,800 $31,900 $96,900
2022 $949 $117,600 $28,000 $89,600
2021 $759 $102,100 $22,500 $79,600
2020 $768 $99,700 $22,200 $77,500
2019 $711 $99,400 $23,700 $75,700
2018 $721 $101,000 $25,700 $75,300
2017 $678 $100,100 $27,100 $73,000
2016 $660 $100,900 $27,700 $73,200
2014 $640 $102,100 $28,200 $73,900
2013 $640 $101,900 $26,400 $75,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201504580

Indiana Regional MLS

APN: 65-12-25-300-015.000-017