Investment Potential for 1221 E Water St

The property has a current estimated value of $147,652, which is 25% below the zip median, based on public records. It last sold on December 29, 2008 for $58.6K. Projected long-term

is $16,200 annually ($1,350 per month) with a 88% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$58,600

Sold December 29, 2008

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$148K

($139K - $156K)

25% below zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in 47620.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$16,200 per year($1,350 per month)

$****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

88%in 47620 zip code

View Rental Potential

Owners & Occupancy for 1221 E Water St

This property is owned by Cheryl L Bradley. Owner contact information includes 10 phone numbers and 5 email addresses.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

$89,052

Purchased December 29, 2008

Number of Owners

2

Property Owners

Cheryl L Bradley, age **

Cell Phone	(612) *-**View Cell Phone
Residence	****************
Landline	(763) 572-1765
Distance from Property	**********
Email Address	*********@yahoo.comView Email

Property Ownership Information

Purchase Date	December 29, 2008
Property Tax Amount	$675 in 2023
Purchase Price	$58,600

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	**************** age 61
Resident 2	***************
Resident 3	********************** age 31
Resident 4	*************** age 61

Property Details for 1221 E Water St

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

Property Age

70 years

(Remodeled 1980)

18 years older than zip median

Property Details

Property Sq Ft

Living Area

1,176 sq ft

25% below market

Lot Size

8,451 sq ft

55% below market

Price Per Sq Ft

Living Area

$126 / sq ft

10% below market

Lot Size Area

$17 / sq ft

7% below market

Property Information

Property condition, age, exterior, etc. for 1221 E Wat…

Land & Location Information

Longitude: -87.879286 Latitude: 37.933416 Parcel Number (APN): 65-27-09-214-011.000-018…

Mortgage & Equity Information

Mortgage originated on through lender: Evansville Teachers Fcu for$*****View Mortgage Details

Recommended Properties in 47620

Discover more single family homes near 1221 E Water St in Mount Vernon, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owner Age 55 - 65
$123K - $136K
Est. Value
327 E 9th St, Mount Vernon, IN 47620
3 beds · 1 baths · 2,237 sq ft · Built: 1910
Equity Status
$236K - $255K
Est. Value
1732 Pleasant Valley Dr, Mount Vernon, IN 47620
3 beds · 2 baths · 1,398 sq ft · Last Sold: $205,705 in 2023 · Built: 1983
Equity Status
$155K - $173K
Est. Value
5681 Tile Factory Rd, Mount Vernon, IN 47620
3 beds · 1 baths · 1,623 sq ft · Last Sold: $119,900 in 2015 · Built: 1963
Equity Status
$167K - $187K
Est. Value
419 E Lincoln Ave, Mount Vernon, IN 47620
3 beds · 2 baths · 1,988 sq ft · Built: 1999
Owner Age Above 75
$186K - $201K
Est. Value
1729 Tanglewood Dr, Mount Vernon, IN 47620
3 beds · 2 baths · 1,370 sq ft · Last Sold: $130,000 in 2016 · Built: 1988
Equity Status
$211K - $231K
Est. Value
334 Vista Dr, Mount Vernon, IN 47620
3 beds · 2 baths · 1,296 sq ft · Last Sold: $48,000 in 2014 · Built: 1966
Equity Status
$209K - $233K
Est. Value
4280 Blackford Rd N, Mount Vernon, IN 47620
3 beds · 2 baths · 1,598 sq ft · Last Sold: $140,000 in 2013 · Built: 1951
Valued below Market Median
$77.6K - $99K
Est. Value
825 W 3rd St, Mount Vernon, IN 47620
3 beds · 1 baths · 684 sq ft · Last Sold: $21,000 in 2011 · Built: 1965
Good value per sqft
$96.5K - $108K
Est. Value
506 Pearl St, Mount Vernon, IN 47620
3 beds · 1 baths · 1,276 sq ft · Built: 1930
Equity Status
$201K - $226K
Est. Value
431 E Water St, Mount Vernon, IN 47620
3 beds · 2 baths · 1,836 sq ft · Last Sold: $80,000 in 2019 · Built: 2010
Equity Status
$189K - $208K
Est. Value
804 Magnolia Dr, Mount Vernon, IN 47620
3 beds · 2 baths · 1,242 sq ft · Built: 1976
Equity Status
$135K - $157K
Est. Value
1030 E 2nd St, Mount Vernon, IN 47620
3 beds · 1 baths · 1,176 sq ft · Last Sold: $71,500 in 2011 · Built: 2011
Owner Age Above 75
$247K - $276K
Est. Value
933 E 4th St, Mount Vernon, IN 47620
3 beds · 2 baths · 2,320 sq ft · Built: 1914
Valued above Market Median
$224K - $246K
Est. Value
325 Washington Ave, Mount Vernon, IN 47620
3 beds · 2 baths · 1,641 sq ft · Built: 1977
Equity Status
$278K - $305K
Est. Value
7137 Upton Rd, Mount Vernon, IN 47620
3 beds · 1 baths · 1,759 sq ft · Last Sold: $187,000 in 2021 · Built: 1949
Equity Status
$133K - $147K
Est. Value
1204 E Water St, Mount Vernon, IN 47620
3 beds · 1 baths · 1,020 sq ft · Built: 1954
Equity Status
$210K - $227K
Est. Value
808 Magnolia Dr, Mount Vernon, IN 47620
3 beds · 2 baths · 1,466 sq ft · Last Sold: $202,468 in 2023 · Built: 1976
Equity Status
$299K - $325K
Est. Value
623 Raintree Cir, Mount Vernon, IN 47620
3 beds · 2 baths · 2,338 sq ft · Last Sold: $320,625 in 2024 · Built: 1973
Equity Status
$267K - $297K
Est. Value
2011 Tanglewood Dr, Mount Vernon, IN 47620
3 beds · 2 baths · 2,196 sq ft · Last Sold: $200,000 in 2019 · Built: 1986
Equity Status
$191K - $204K
Est. Value
424 Roosevelt Dr, Mount Vernon, IN 47620
3 beds · 2 baths · 1,323 sq ft · Last Sold: $123,220 in 2016 · Built: 1986

Market Benchmarks

Compare data for 1221 E Water St in Posey County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$147,652

$197,622

-$49,970 (-25%)

$209,089

-$61,437 (-29%)

$******

$********

$****** (****%)

$310,205

-$25,916 (-8%)

YoY Price Change

****%

3.01%

-435%

Year Built

1955

1973

-18 years

1972

-17 years

Living Space

1,176 sq ft

1,575.5 sq ft

-400 (-25%)

1,582 sq ft

-406 (-26%)

$ Per Living Sq Ft

$126

$139

-$13 (-10%)

$136

-$11 (-8%)

Lot Size

8,451 sq ft

18,731 sq ft

-10280 (-55%)

12,807 sq ft

-4356 (-34%)

$ Per Lot Sq Ft

$17

$19

-$1 (-7%)

$19

-$2 (-9%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$*******

$***** (****%)

$14,155

-$1,877 (-13%)

Annual Revenue

$16,200

$19,800

-$3,600 (-18%)

$19,800

-$3,600 (-18%)

$****

$******

$***** (****%)

$5,253

-$1,331 (-25%)

Net Operating Income

$*****

$*******

$***** (****%)

$14,155

-$1,877 (-13%)

Cap Rate

****%

—

6.3%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	1
Year Built	1955
Building Sq Ft	1,176 sq ft
Lot Size	0 Acres
Living Space	1,176 sq ft
Heating / Fuel	Central
Air Conditioning	Central A/C
Roof Covering	Asphalt Shingle

APN	65-27-09-214-011.000-018
Census Tract	0407003013
Municipality	Black Twp
County	Posey
Subdivision	Benner & Weber Add
Neighborhood	47620
Longitude / Latitude	-87.879286 / 37.933416
Lot Size	8,451 sq ft

Loan Amount	$*****
Lender	Evansville Teachers Fcu
Origination Date	December 30, 2015
Interest Rate	****%
Term	23 Years
Rate Type	Fixed
Est Balance	$********
Due Date	****************
Equity	View Equity

Cell Phone	(360) *-**View Cell Phone
Residence	****************
Landline	(812) 838-4508
Distance from Property	**********
Email Address	*******@att.netView Email

1221 E Water St Mount Vernon, IN 47620

property value

$147,652

market valuation

$197,622

market valuation

$197,622

investment intelligence

Investment Potential for 1221 E Water St

rental income

property appreciation

Last Sale Amount

$58,600

property value

$148K

($139K - $156K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 1221 E Water St

Occupancy

Appreciation Since Purchased

$89,052

Number of Owners

2

Property Owners

Cheryl L Bradley, age **

Kevin L Stevens, age **

Property Ownership Information

Occupancy

Property Details for 1221 E Water St

Estimated Mortgage Balance

Estimated Equity

$******

Property Age

70 years

(Remodeled 1980)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in 47620

$123K - $136K

Est. Value

327 E 9th St, Mount Vernon, IN 47620

3 beds · 1 baths · 2,237 sq ft · Built: 1910

$236K - $255K

Est. Value

1732 Pleasant Valley Dr, Mount Vernon, IN 47620

3 beds · 2 baths · 1,398 sq ft · Last Sold: $205,705 in 2023 · Built: 1983

$155K - $173K

Est. Value

5681 Tile Factory Rd, Mount Vernon, IN 47620

3 beds · 1 baths · 1,623 sq ft · Last Sold: $119,900 in 2015 · Built: 1963

$167K - $187K

Est. Value

419 E Lincoln Ave, Mount Vernon, IN 47620

3 beds · 2 baths · 1,988 sq ft · Built: 1999

$186K - $201K

Est. Value

1729 Tanglewood Dr, Mount Vernon, IN 47620

3 beds · 2 baths · 1,370 sq ft · Last Sold: $130,000 in 2016 · Built: 1988

$211K - $231K

Est. Value

334 Vista Dr, Mount Vernon, IN 47620

3 beds · 2 baths · 1,296 sq ft · Last Sold: $48,000 in 2014 · Built: 1966

$209K - $233K

Est. Value

4280 Blackford Rd N, Mount Vernon, IN 47620

3 beds · 2 baths · 1,598 sq ft · Last Sold: $140,000 in 2013 · Built: 1951

$77.6K - $99K

Est. Value

825 W 3rd St, Mount Vernon, IN 47620

3 beds · 1 baths · 684 sq ft · Last Sold: $21,000 in 2011 · Built: 1965