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Pending
  • $249,900

    7721-7731 Nation Rd, Mount Vernon, IN 47620

    6beds
    3,182sqft
    : 
    Multi Family
    Built in 1980
    -- sqft lot
    $247,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Ultralight airplane landing stripBarns of various sizes
    This 11 acres was once an ultralight airplane landing strip complete with hangers! The runway is still intact and the hangers are still there and rented. There are several barns of various sizes on the property that are also rented out. There are 4 house trailers of which 3 are currently rented.The back half of the property is wide open to whatever your heart desires! Great for building your dream home, or more storage rental buildings to increase the income! The potential is only limited by your imagination. The income in the data sheet is from last year's tax returns and actual income may vary. Great location and Price! once in a lifetime opportunity awaits!
    12 days
    on Zillow
    |
    1,601
    |
    100
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: April 17, 2025 at 01:54pm

    Listed by:

    William L Long stephanie.freemanrealestate@gmail.com,

    HELFRICH REALTY CO

    Source: IRMLS,MLS#: 202512708MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric, Conventional, Floor Furnace, Forced Air, Multiple Heating Systems
    Cooling
    • Central Air, Multi Units, Window Unit(s)
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet, Mixed, Other, Vinyl, Vinyl Tile
    • Basement: None
    Interior area
    • Total structure area: 3,182
    • Total interior livable area: 3,182 sqft
    • Finished area above ground: 3,182
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 25
    • Parking features: Off Street Parking
    Features
    • Stories: 1
    • Waterfront features: Lake
    Lot
    • Size: 11.05 Acres
    • Features: Few Trees, Rolling Slope, 10-14.999
    Details
    • Additional structures: None
    • Parcel number: 651332100003.000019

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Block, Concrete, Metal Siding, Shingle Siding, Vinyl Siding, Wood Siding
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Private Sewer, Septic Tank
    • Water: Cistern

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Mount Vernon

    Financial & listing details

    • Tax assessed value: $211,600
    • Annual tax amount: $3,300
    • Date on market: 4/14/2025
    • Inclusions: Building, Land
    • Lease term: Negotiable
    • Total actual rent: 30000
    • Tenant pays: Cable TV, Electricity
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