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    Property profile & analytics

    206 Main St Mount Vernon, IN 47620

    • Office Properties & Spaces
    • 3,944 SF
    • 0.11 lot acres
    For Sale
    View listing
    $552,500
    Value Estimation
    Location Intelligence
    Property ID
    US31-1371809
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 206 Main St

    Year built
    1900
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.11 lot acres
    Property size
    3,944 SF
    Property type
    Office Properties & Spaces
    APN
    65-27-08-130-071.000-018
    APU
    652708130071000018

    Description

    This exceptional investment opportunity presents two attractive brick office buildings totaling 7,814 square feet of net rentable space, situated in the heart of Mount Vernon, Indiana's Central Business District (CBD). Located at 206 & 210 Main St, this property boasts a convenient location near the waterfront and offers seven on-site parking spaces, supplemented by ample street parking. The buildings, constructed in 1900, feature two stories and include a large elevator, adding to their functionality and appeal. The combined lot size is 0.017 acres. Currently vacant, this property presents a unique chance for redevelopment or immediate occupancy. The asking price is $552,500, translating to $70.71 per square foot. The property's APN is 65-27-08-130-071.000-018 & 65-27-08-130-072.000-018. This is a Class B property zoned for CBD use, making it ideal for a variety of commercial ventures. Don't miss this chance to acquire a significant presence in a thriving Indiana community.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Posey
    State
    Indiana
    Longitude
    -87.8946
    Latitude
    37.9306
    CBSA code
    21780
    CBSA name
    EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,399
    $21,400
    $91,900
    $113,300
    -
    $21,400
    $91,900
    $113,300

    Comparable in this City

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      204 Main St

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      431 College Ave

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    Similar Nearby for Lease

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    • Contact for pricing
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      Mount Vernon Retail Space Available

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    206 Main St
    Mount Vernon, IN 47620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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