Home for Sale at 4801 Scenic Lake Drive, Mount Vernon, IN 47620

4801 Scenic Lake Drive
Mount Vernon, IN 47620

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Property Details

List Price:	$419,900
Beds:	4
Baths:	3
Status:	Pending
SqFt:	4584
Agency:	Berkshire Hathaway HomeServices Indiana Realty

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential
Year Built:	2015
Notes:	1.67 Acres on Scenic Lake Dr in far back (no outlet street), with lake access, over 3100 SF of living space plus spacious walk-out basement that could be finished and is plumbed for 4th bathroom (currently used as family room/recreation room). Built in 2015 home has some amazing qualities such as main floor master, open floor plan, 4 bedrooms, 3 full baths, 2 car side load garage an in 2019 above ground pool. Wood laminate flooring throughout first floor and kitchen was custom designed and made to please. Granite counter tops, oversized center island, gas range, planning desk, corner pantry with tons of space and extra outlet was incorporated into the design. Stainless appliances (range, dishwasher, refrigerator, microwave) all will be included in sale. Dining area can accommodate a sizable table so entertaining is made effortless and all flows nicely to the main living area.There is an additional bedroom on main level of home that has a full bath, the full bath and can be accessible from living room as well. Laundry room /mud room features custom built in cabinets and utility sink (washer/dryer will be included) this is perfect spot to land coming in from garage. Master is 14 x 10 also on main floor and features walk-in closet and private bath with standing shower. Upper level of home you will find 2 ample size bedrooms so everyone will be happy, full bath with double vanities and area for flex/bonus space. However, the downstairs although not finished is livable as it is and sellers use this for entertaining (second family room), bar area and storage space on opposite side. The space could be turned into additional bedroom, office etc, use your imagination to fit your needs. Walk-out basement has concrete patio and stairs leading to the deck off kitchen. Road maintenance fee was $200 this year and $100 fee for Lake this year. Home is backed up to farm land, spectrum cable is available, Septic was pumped 2 years ago, portion of yard fenced in, 95% efficient furnace, 200 amp service, utility shed and tons more to love
MlsNumber:	202417079

Listing Provided By:	Berkshire Hathaway HomeServices Indiana Realty, original listing
Name:	Berkshire Hathaway HomeServices Indiana Realty
Phone:	(812) 455-0370
Office Name:	Berkshire Hathaway HomeServices Indiana Realt
Office Phone:	(812) 455-0370
Agent Name:	Jenna Hancock-Wargel
Disclaimer:	Copyright Â© 2024 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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or licensed by the US Department of Housing and Urban Development

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