NOT LISTED FOR SALE

8701 Lower Mount Vernon Rd Mount Vernon, IN 47620

Estimated Value: $351,325 - $427,000

3 Beds
2 Baths
3,219 Sq Ft
$121/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $296,500 $92 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,388/month

35 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Beamed Ceilings
  • 2 Fireplaces
  • Workshop
  • Walk-In Pantry

About This Home

As of August 2021

THE LIST PRICE IS THE AUCTION OPENING BID AMOUNT. THE PROPERTY WILL BE OFFERED IN A SIMULCAST AUCTION ON TUES., JULY 20TH @ 6 PM. THE REAL ESTATE WILL SELL AS-IS & SUBJECT TO OWNER APPROVAL. Inspections can be conducted prior to the auction, but are for buyer informational purposes only. The wide, covered front porch provides a great place for a porch swing to enjoy the peaceful country views & the backyard is spacious and perfect for children to play. Just inside the front door, the foyer opens into the living / dining area. The living room features a beamed ceiling, wood burning fireplace with a unique brick surround with a wood mantle. There is also a sliding glass door to the back deck & a dining area. The adjoining kitchen is equipped with a JennAir electric cooktop & double wall oven, KitchenAid dishwasher, Kenmore refrigerator & large walk-in pantry. A bright sunroom with ceramic flooring and a wall A/C unit has access to both the living room & the 2 car garage. This flexible space could be used for several different purposes: office, playroom, art studio, home gym or even a bedroom. The home boasts a spacious master bedroom with large walk-in closet. The main floor also contains a second bedroom, full bathroom, an office that could be used as a bedroom, a separate laundry room & hall linen closet. The basement is a great spot for entertaining with a full kitchen with double sink, range & refrigerator. The 1,654 sf basement could also be a separate, fully functional living space with a full bath with shower and a room that could be used as a bedroom. The basement, with 1,200 sf of finished space also features a wood burning fireplace with stove & a repainted ceiling. The home had a new furnace & A/C unit in 2014, a new roof in 2009, thermal pane windows throughout the home, and an in-ground electric fence for pets. The pole barn with concrete floor & electric service is another highly desirable feature of the property. The 40’ x 60’ pole barn has a concrete floor, electricity & a 2 post car lift. Although the future of the proposed Posey County solar project is uncertain and has not been approved by the county, landowners in the area have signed leases with the project. Updated maps do not show panels in the immediate vicinity of this property. Maps are in the Documents section. A small portion of the property is in the flood plain, but Morley Engineering has filed a LOMA application with FEMA. See Documents section.

Last Agent to Sell the Property

Wendy Miller

Curran Miller Auction & Realty Listed on: 06/16/2021

Last Buyer's Agent

Jenna Hancock-Wargel

Berkshire Hathaway HomeServices Indiana Realty

Berkshire Hathaway HomeServices Indiana Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,995

Year Built

  • Built in 1977

Lot Details

  • 1.55

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Chair Railings
  • Woodwork
  • Crown Molding
  • Beamed Ceilings
  • 2 Fireplaces
  • Entrance Foyer
  • Workshop
  • Electric Dryer Hookup

Kitchen

  • Kitchenette
  • Walk-In Pantry
  • Utility Sink

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Block Basement Construction
  • 1 Bathroom in Basement

Schools

  • Marrs Elementary School
  • Mount Vernon Middle School
  • Mount Vernon High School

Utilities

  • Central Air
  • Septic System

Additional Features

  • Covered Patio or Porch
  • 1.55 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 65-14-09-400-008.002-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,995

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1977
  • Age: 44
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT SE 9-7-12 1.55 A
  • Parcel Number ID: 65-14-09-400-008.002-019
  • Platted: Yes
  • Amenities: Ceilings-Beamed, Chair Rail, Crown Molding, Deck Open, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Natural Woodwork, Pantry-Walk In, Porch Covered, Utility Sink, Kitchenette, Stand Up Shower, Tub/Shower Combination, Workshop
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4873
  • Total Finished Sq Ft: 3219
  • Above Grade Finished Sq Ft: 2019
  • Below Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 1654
  • Price Per Sq Ft: 146.85
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Partially Finished
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Basement
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 24x14, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Dining Room: Dimensions: 12x9, On Level: Main
  • Family Room: Dimensions: 24x14, On Level: Lower
  • Extra Room: Sunroom, Dimensions: 23x14, On Level: Main
  • Bedroom 1: Dimensions: 19x14, On Level: Main
  • Bedroom 2: Dimensions: 11x14, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Other Room1: Downstairs Kit/Dining, Dimensions: 31x14, On Level: Lower
  • Other Room 2: Downstairs Opt. BR, Dimensions: 11x15, On Level: Lower
  • Other Room 3: Furnace/Storage Room, Dimensions: 20x11, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 2854

Exterior Features

  • Exterior: Brick
  • Outbuilding1: Pole/Post Building, Dimensions: 40x60

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x27
  • Garage Sq Ft: 702
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: Septic
  • Water Utilities: Public
  • Laundry: Dimensions: Mainx5, On Level: 9

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 1.55 +/- acres
  • Estimated Lot Sq Ft: 67518
  • Estimated Lot Size Acres: 1.55

Tax Info

  • Annual Taxes: 1995.4

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
Jun 16, 2021
Closed on
Aug 27, 2021
Sold by
Hadley Clinton M and Hadley Saundra K
Bought by
Eickhoff Michelle S and Eickhoff Scottie A
Seller's Agent
Wendy Miller
Curran Miller Auction & Realty
Buyer's Agent
Jenna Hancock-Wargel
Berkshire Hathaway HomeServices Indiana Realty
List Price
$225,000
Sold Price
$296,500
Premium/Discount to List
$71,500
31.78%
Current Estimated Value
$390,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,581
Avg. Annual Appreciation
5.31%
Original Mortgage
$281,675
Outstanding Balance
$258,735
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$105,718
Source: Public Records

Range of Values:

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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
Eickhoff Michelle S $296,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eickhoff Michelle S $281,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $296,500 +31.8% $92 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $225,000 -- $70 / 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 $3,146 $362,200 $16,300 $345,900
2023 $2,589 $312,900 $15,000 $297,900
2022 $2,411 $271,700 $20,100 $251,600
2021 $2,030 $231,000 $19,300 $211,700
2020 $1,995 $224,200 $18,900 $205,300
2019 $1,913 $217,700 $18,200 $199,500
2018 $1,797 $210,600 $18,200 $192,400
2017 $1,680 $209,600 $18,200 $191,400
2016 $1,537 $200,800 $18,200 $182,600
2014 $1,323 $183,700 $18,200 $165,500
2013 $1,323 $186,800 $18,200 $168,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202123424

Indiana Regional MLS

APN: 65-14-09-400-008.002-019