NOT LISTED FOR SALE

531 Mulberry St Mount Vernon, IN 47620

Estimated Value: $285,000 - $329,051

6 Beds
3.5 Baths
3,887 Sq Ft
$80/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $154,900 $40 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,907/month

1,051 Days on Market

Highlights

  • The property is located in a historic district
  • Victorian Architecture
  • Covered Patio or Porch
  • Wood Flooring
  • Corner Lot
  • 3-minute walk to Hovey Lake Fish and Wildlife Area

About This Home

As of February 2019

Don't miss out on this incredible turn-of-the century three-story home located on a spacious corner lot in historic area of Mt. Vernon. The home features original woodwork and hardwood floors throughout the home and these are in beautiful condition. Enter from the large covered front porch into the very spacious foyer with one of the two staircases leading to the second floor. Notice the stain glass window above the landing on the stairs. The huge living room features a full wall of built-in bookcases with beautiful carving, beautiful crown molding, and stain glass window. The living room is large enough to be used as two areas. The living room features a fireplace with gas logs. The formal dining room should accommodate even the largest of dining furniture. The laundry room (probably had been the butler's pantry) is located on the main level for easy access and it features lots of built-in cabinets including a corner hutch. The kitchen is large enough for an every-day table and has a pantry closet. Completing the main level is the guest bath. The second floor features five bedrooms, four of which are very large rooms with spacious closets. The master bedroom opens through French doors to another bedroom which would be ideal as a nursery, study, den, etc. There are two full bathrooms on this level. The third floor features a room which could be a sixth bedroom, bonus room, study/den, etc. There is also a large walk-in attic storage area. The basement has a full bath and room for a workshop, storage, etc. Just off the laundry room is a nice covered porch. The back yard is fenced and has an 8' x 10' storage shed and the garage. Per owner: 2010-new refrigerator; 2009-new water heater; 2008-new central a/c unit; 2007-house was re-wired; 2000-new decking & roof; 2000+/- new range oven, dishwasher, disposal. Includes: all window treatments, ceiling fans, bathroom mirrors, kitchen appliances (range/oven, dishwasher, disposal, refrigerator). Also includes a one-year HMS Home Warranty. All measurements and square footage are approximate. Square footage is per Assessor of Posey County. Possession will be given at closing. Property is sold "AS IS"

Last Agent to Sell the Property

Michelle Hudson

F.C. TUCKER/SHRODE Listed on: 03/15/2016

Last Buyer's Agent

Kristie Kirsch

SOLID GOLD REALTY, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,629

Year Built

  • Built in 1912

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70x140
  • Picket Fence
  • Property is Fully Fenced
  • Landscaped
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Victorian Architecture
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Attic

  • Storage In Attic
  • Walkup Attic

Partially Finished Basement

  • Walk-Up Access
  • Sump Pump
  • 1 Bathroom in Basement
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Location

  • Suburban Location
  • The property is located in a historic district

Utilities

  • Forced Air Heating and Cooling System
  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 65-27-08-121-032.000-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,629

Year Built

Built in 1912

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1912
  • Age: 107
  • Style: Three Story
  • Architectural Style: Victorian
  • Total Number of Rooms: 11
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Wms. Add Lot 129 |
  • Parcel Number ID: 65-27-08-121-032.000-018
  • Platted: Yes
  • Amenities: Attic Storage, Attic-Walk-up, Built-In Bookcase, Ceiling-9+, Ceiling Fan(s), Countertops-Laminate, Crown Molding, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Home Warranty Included, Landscaped, Natural Woodwork, Porch Covered, Range/Oven Hook Up Elec, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb, Historic District
  • Sp Lp Percent: 96.87
  • Special Features: None

Interior Features

  • Total Sq Ft: 4832
  • Total Finished Sq Ft: 3887
  • Above Grade Finished Sq Ft: 3887
  • Below Grade Sq Ft: 945
  • Price Per Sq Ft: 39.85
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Walk-up
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log, One
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 34x17, On Level: Main
  • Kitchen: Dimensions: 16x15, On Level: Main
  • Dining Room: Dimensions: 18x15, On Level: Main
  • Recreation Room: Dimensions: 19x15, On Level: Upper
  • Extra Room: Foyer, Dimensions: 21x13, On Level: Main
  • Bedroom 1: Dimensions: 17x15, On Level: Upper
  • Bedroom 2: Dimensions: 16x11, On Level: Upper
  • Bedroom 3: Dimensions: 19x16, On Level: Upper
  • Bedroom 4: Dimensions: 15x13, On Level: Upper
  • Bedroom 5: Dimensions: 12x8, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 945

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Outbuilding1: Shed, Dimensions: 10x8
  • Fence: Full, Picket

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 34x16
  • Garage Sq Ft: 544
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air, Radiator
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Vectren Corp
  • Gas Company: Vectren Energy
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx8, On Level: 12

Schools

  • School District: MSD of Mount Vernon
  • Elementary School: West
  • Middle School: Mount Vernon
  • High School: Mount Vernon

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 70x140
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Tax Info

  • Annual Taxes: 1629
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
Feb 25, 2019
Sold by
Moe Karl O and Moe Lanesta M
Bought by
Lutgring Karen Renee
Seller's Agent
Michelle Hudson
F.C. TUCKER/SHRODE
Buyer's Agent
Kristie Kirsch
SOLID GOLD REALTY, INC.
List Price
$187,900
Sold Price
$154,900
Premium/Discount to List
-$33,000
-17.56%
Current Estimated Value
$311,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,613
Avg. Annual Appreciation
11.31%
Original Mortgage
$74,900
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2007
Sold by
Landis Dale L and Landis Alennea
Bought by
Moe Karl and Moe Lanesta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2006
Sold by
Heap Robert R and Heap Christina
Bought by
Landis Dale L and Landis Alennea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.82%
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
Lutgring Karen Renee -- None Available
Moe Karl -- None Available
Landis Dale L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutgring Karen Renee $188,500
Closed Lutgring Karen Renee $35,300
Closed Lutgring Karen Renee $188,000
Closed Lutgring Karen Renee $15,000
Closed Lutgring Karen Renee $74,900
Closed Moe Karl O $181,800
Closed Moe Karl $190,000
Previous Owner Landis Dale L $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $154,900 -17.6% $40 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
03/15/2016 03/15/16 For Sale $187,900 -- $48 / 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 $2,681 $268,100 $12,900 $255,200
2023 $2,206 $220,600 $12,900 $207,700
2022 $2,029 $202,900 $12,900 $190,000
2021 $1,815 $181,500 $12,900 $168,600
2020 $1,825 $182,500 $12,600 $169,900
2019 $1,762 $176,200 $12,600 $163,600
2018 $1,681 $168,100 $12,600 $155,500
2017 $1,629 $162,900 $13,200 $149,700
2016 $1,752 $164,000 $13,200 $150,800
2014 $1,676 $157,200 $13,200 $144,000
2013 $1,676 $164,300 $17,600 $146,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201610406

Indiana Regional MLS

APN: 65-27-08-121-032.000-018