NOT LISTED FOR SALE

5591 Red Lake Dr Mount Vernon, IN 47620

Estimated Value: $79,000 - $315,000

1.51 Acres
$130,464 Price per Acre
65,776 Sq Ft Lot

Last Sold April 21, 2022

Last sale price $24,000

Est. 150% increase in value since last sale

Current estimated payment $368/month

2,191 Days on Market

About This Lot

As of April 2022

5591 RED LAKE DRIVE - LOT 12 - SUBD II - 1.51 ACRES Lakeland Ridge Subdivision I or II is the perfect place to build your dream home. Select from 1 - 2.1 acre lots. Building restrictions: On all lots, the ground floor area of one-story dwellings, exclusive of porches and garages, shall not be less than 1,400 square feet. The ground floor area of two-story or one and one-half story dwellings, exclusive of porches and garages, shall not be less than 1,200 square feet (See Conditions, Restrictions, Reservations and Protective Covenants for Lake Ridge Subdivision). All Builders are welcome! ..Lakeland Ridge Subdivision I Lots Available: 4, 5, 9. ..Lakeland Ridge Subdivision II Lots Available: 12, 13, 14, 15.

Last Agent to Sell the Property

Linda Dickens

F.C. TUCKER/SHRODE Listed on: 03/17/2016

Last Buyer's Agent

Linda Dickens

F.C. TUCKER/SHRODE Listed on: 03/17/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $489

Lot Details

  • 1.51 Acre Lot
  • Property fronts a county road
  • Property fronts an easement
  • Rural Setting
  • Finished Lot(s)

Parking

  • Driveway

Schools

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

Utilities

  • Heating System Uses Gas
  • Septic System

Community Details

  • Lakeland Ridge Subdivision
  • The community has rules related to covenants, conditions, and restrictions, building or community restrictions, zoning restrictions

Listing and Financial Details

  • Assessor Parcel Number 65-12-33-310-012.000-017

Property Details

Property Type

Land

Est. Annual Taxes

$489

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lakeland Ridge Subdivision II Lot 12
  • Parcel Number ID: 65-12-33-310-012.000-017
  • Platted: Yes
  • Location: Subdivision, Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 100
  • Parcel Description: Waterfront
  • Restrictions: SqFt Restrictions, Building Restrictions, Zoning Restrictions, Covenants, Easements
  • Type of Sale: Traditional
  • Miscellaneous: Easy Access to Interstate
  • Options: Sell Entirely
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2019
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: City, Available
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Mt. Vernon Water Works
  • Electricity Type: Available
  • Fuel Type: Electric, Gas, Available
  • Sewer Type: Septic

Schools

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

Lot Info

  • Lot Dimensions: 65775
  • Estimated Lot Sq Ft: 65776
  • Estimated Lot Size Acres: 1.51
  • Easements: Yes

Tax Info

  • Annual Taxes: 44.58

MLS Schools

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

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

Mortgage History

Date Status Borrower Loan Amount
Closed Waites Crystal Robbie $695,868
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2022 04/21/22 Sold $24,000 0.0% --
03/17/2022 03/17/22 Pending -- -- --
03/17/2016 03/17/16 For Sale $24,000 -- --
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 $489 $27,300 $27,300 $0
2023 $50 $2,800 $2,800 $0
2022 $43 $2,500 $2,500 $0
2021 $42 $2,400 $2,400 $0
2020 $43 $2,400 $2,400 $0
2019 $46 $2,600 $2,600 $0
2018 $45 $2,600 $2,600 $0
2017 $46 $2,800 $2,800 $0
2016 $45 $2,900 $2,900 $0
2014 $45 $3,000 $3,000 $0
2013 $45 $2,000 $2,000 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Linda Dickens

    F.C. TUCKER/SHRODE

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Map

Source: Indiana Regional MLS

MLS Number: 201611027

Indiana Regional MLS

APN: 65-12-33-310-012.000-017

Indiana Posey County Mount Vernon 47620

5591 Red Lake Dr, Mount Vernon, IN

This home is located at 5591 Red Lake Dr, Mount Vernon, IN 47620 since 17 March 2016 and is currently estimated at $197,000. 5591 Red Lake Dr 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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