$140,000

505 W 2nd St Mount Vernon, IN 47620

$1,663
Closing credit¹
2 beds
1 full
0.2 acres
$95 / sqft
House

Property details

About 505 W 2nd St

This charming one-story home offers 2 bedrooms and 1 bathroom, with a spacious primary bedroom that provides plenty of room to relax. The living room flows seamlessly into the dining area, creating an open feel, and large windows throughout bring in loads of natural light. The kitchen features a center island, stainless steel appliances, and sits just off the laundry room for added convenience. Outside, enjoy a fully fenced yard, a large covered porch perfect for lounging, and a detached 2-car garage -- all on a generous corner lot.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Lot size0.23 Acres
Year built1945
ParkingGravel
MLS #202512889
Garage2 spaces

Virtual tour

Summary

  • Full Bathrooms: 1
  • Flooring Type: Laminate, Vinyl
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Gravel
  • Exterior: Vinyl
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $140,000
  • Price/SqFt: $94
  • Annual Tax Amount: $496
  • Tax Year: 2023
  • Lot: Level
  • Directions: W on Hwy 62 into Mount Vernon, S on Vine Street, home on R at corner of Vine and 2nd Street
  • Year Built: 1945
  • Lot Size: 0.23 Acres
  • MLS Number: 202512889
  • Office Name: Dauby Real Estate
  • Office Phone: (812) 777-4611
  • Listing Agent: Trae Dauby

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 5:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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505 W 2nd St, Mount Vernon, IN 47620 - back of house with fence and a lawn

$140,000

505 W 2nd St

$1,663

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 30, 2023
Home Sold
$132,500
Jun 21, 2023
Home Sold
$32,500
Mar 28, 2011
Home Sold
$41,800

Tax history

YearAssessmentProperty Tax
2023$59,400$496
2022$56,200$403
2021$51,500$245
2020$63,200$471
2019$62,000$449
2017$58,000$402

History based on county public records data.

Nearby schools

6

West Elementary School

Public District KG-5

0.4 mi

1105 W 4th St

6

Farmersville Elementary School

Public District PK-5

3.5 mi

4065 Highway 69 S

9

Marrs Elementary School

Public District KG-5

8.1 mi

9201 Highway 62 E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,667. Typical income of Mount Vernon, IN residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

39%
<35k
59%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

38%
Single, No Kids
17%
Single, with Kids
25%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
37%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • SonicSonic
  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • ChevroletChevrolet

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 505 W 2nd St

The listing price of 505 W 2nd St property is $140,000.

The property 505 W 2nd St is a house located in Mount Vernon, Indiana, 47620.

Active Listing: 505 W 2nd St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 505 W 2nd St are: West Elementary School (GreatSchools Rating 6/10), Farmersville Elementary School (GreatSchools Rating 6/10), Marrs Elementary School (GreatSchools Rating 9/10), Mount Vernon Jr High School (GreatSchools Rating 7/10), Perry Heights Middle School (GreatSchools Rating 8/10), North Posey Junior High School (GreatSchools Rating 7/10), Mount Vernon High School (GreatSchools Rating 5/10), North Posey High School (GreatSchools Rating 6/10), Francis Joseph Reitz High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $496 (source: MLS/based on county public records data).

The last sale was on June 30, 2023 for $132,500 (source: MLS/tax record).

The property at 505 W 2nd St has 2 bedrooms and 1 bathroom.

The year of construction for 505 W 2nd St is 1945.

This home is located at 505 W 2nd St in Mount Vernon, IN and zip code 47620. This home, which was built in 1945, sits on a 0.23 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $140,000.

Over 4 listings were sold over their listed price in April 2025 in Mount Vernon, IN. In the same period over 3 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Mount Vernon, IN increased by 5.6% between March and April 2025.

From Rocket Homes Real Estate and based on county public records data.

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