Seller's Agent in 2021
Michael Melton
ERA FIRST ADVANTAGE REALTY, INC
(812) 431-1180
8 in this area
613 Total Sales
601 E 4th St Mount Vernon, IN 47620
Estimated Value: $148,000 - $209,000
5
Beds
3
Baths
2,352
Sq Ft
$75/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Eat-In Kitchen
- Forced Air Heating and Cooling System
- Corner Lot
About This Home
As of December 2021Great location on the main street (4th) through Mount Vernon. Currently set up as duplex. Can be used as a commercial business too, Zone C-1. The front unit features 3 bedrooms, 2 full baths, full kitchen and living room. The partial basement is accessed from the front unit too. The back unit features 2 bedrooms, half bath with a separate shower area and eat in kitchen. Utility room is in the basement. Per the seller - The new furnace and air conditioning unit for the front of the house was installed on 12/04/2014. The new roof was put on 04/13/2017. The new water heater for the front of the house in the basement was installed on 10/23/2019. The new sump pump for the front of the house in the basement was installed on 10/17/2020. Property to be SOLD AS IS.
Last Agent to Sell the Property
ERA FIRST ADVANTAGE REALTY, INC Listed on: 05/18/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,358
Year Built
- Built in 1960
Lot Details
- 4,900 Sq Ft Lot
- Lot Dimensions are 35 x 140
- Corner Lot
- Level Lot
Parking
- Off-Street Parking
Home Design
- Duplex
Interior Spaces
- 2-Story Property
- Eat-In Kitchen
- Partially Finished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- 3 Full Bathrooms
Schools
- West Elementary School
- Mount Vernon Middle School
- Mount Vernon High School
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 65-27-08-111-003.000-018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2021
Closed on
Dec 1, 2021
Sold by
Walden Jerry R and Walden Shelia M
Bought by
Davis Properties Llc
Seller's Agent
Michael Melton
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Michael Melton
ERA FIRST ADVANTAGE REALTY, INC
List Price
$155,000
Sold Price
$115,000
Premium/Discount to List
-$40,000
-25.81%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,872
Avg. Annual Appreciation
12.03%
Original Mortgage
$92,000
Outstanding Balance
$78,960
Interest Rate
2.98%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$96,912
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davis Properties Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davis Properties Llc | $92,000 | |
| Previous Owner | Walden Jerry R | $90,000 | |
| Previous Owner | Walden Shelia M | $85,000 | |
| Previous Owner | Walden Jerry R | $88,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2021 12/10/21 | Sold | $115,000 | -20.7% | $49 / Sq Ft |
| 10/05/2021 10/05/21 | Pending | -- | -- | -- |
| 06/10/2021 06/10/21 | Price Changed | $145,000 | -6.5% | $62 / Sq Ft |
| 05/18/2021 05/18/21 | For Sale | $155,000 | -- | $66 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,710 | $115,300 | $7,100 | $108,200 |
| 2023 | $2,075 | $88,300 | $7,100 | $81,200 |
| 2022 | $1,941 | $82,600 | $7,100 | $75,500 |
| 2021 | $1,741 | $74,100 | $7,100 | $67,000 |
| 2020 | $1,357 | $68,800 | $7,000 | $61,800 |
| 2019 | $1,560 | $66,400 | $7,000 | $59,400 |
| 2018 | $1,508 | $64,200 | $7,000 | $57,200 |
| 2017 | $1,492 | $63,500 | $7,000 | $56,500 |
| 2016 | $1,360 | $68,000 | $7,000 | $61,000 |
| 2014 | $2,439 | $81,300 | $18,100 | $63,200 |
| 2013 | $2,439 | $82,000 | $18,100 | $63,900 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Melton
Map
Source: Indiana Regional MLS
MLS Number: 202117860
APN: 65-27-08-111-003.000-018
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