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    Property profile & analytics

    402 Main St Mount Vernon, IN 47620-1844

    • Office Properties & Spaces
    • 16,254 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2860392
    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 402 Main St

    Year built
    1995
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.00 lot acres
    Property size
    16,254 SF
    Property type
    Office Properties & Spaces
    APN
    65-27-08-121-072.000-018
    APU
    652708121072000018

    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
    -87.8954
    Latitude
    37.9327
    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
    $49,949
    $73,800
    $1,591,600
    $1,665,400
    -
    $73,800
    $1,591,600
    $1,665,400

    Comparable in this City

    • Value Estimation
      $330,000
      4,574 SF

      431 College Ave

      OFFICE (GENERAL) • 4,574 SF
      431 College Ave, Mount Vernon, IN 47620-1833
      View Details
    • Value Estimation by Request
      40,077 SF

      401 Southwind Plz

      OFFICE (GENERAL) • 40,077 SF
      401 Southwind Plz, Mount Vernon, IN 47620-2208
      View Details
    • Value Estimation
      $330,000
      3,281 SF

      220 4th St

      OFFICE (GENERAL) • 3,281 SF
      220 4th St, Mount Vernon, IN 47620-1909
      View Details
    • Value Estimation by Request
      15,053 SF

      1511 Main St

      OFFICE (GENERAL) • 15,053 SF
      1511 Main St, Mount Vernon, IN 47620-1273
      View Details
    • Value Estimation by Request
      39,120 SF

      1 Lexan Ln

      OFFICE (GENERAL) • 39,120 SF
      1 Lexan Ln, Mount Vernon, IN 47620-9367
      View Details
    • Value Estimation by Request
      4,180 SF

      427 Locust St

      OFFICE (GENERAL) • 4,180 SF
      427 Locust St, Mount Vernon, IN 47620-1930
      View Details

    Similar Nearby for Sale

    • $552,500
      7,814 SF

      Downtown Mt. Vernon Office Building

      Prime CBD location, vacant, development potential.
      206 Main St, Mount Vernon, IN 47620
      View Details
    • $108,000
      2 SF

      Industrial Land Near Port of Indiana

      2.7 acres of level ground near the Port of Indiana.
      S Edson St, Mount Vernon, IN 47620
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    • $282,500
      5,000 SF

      Spacious Warehouse in Downtown

      5,000 sq ft warehouse with office space for sale.
      214 W 2Nd St, Mount Vernon, IN 47620
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    • $99,900
      2.70 Acres

      Prime Industrial Land Near Port

      2.7-acre lot, ideal industrial location
      0 Edson St, Mount Vernon, IN 47620
      View Details
    • $850,000

      Versatile Commercial Building in Mount Vernon

      High-visibility commercial building with showroom, warehouse, and parking.
      311 College Ave, Mount Vernon, IN 47620
      View Details
    • $210,000

      Mount Vernon Flex/Industrial Property

      Flex/Industrial property available for sale in Mount Vernon, Indiana.
      3805 Ford Rd N, Mount Vernon, IN 47620
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      4,410 SF

      Mount Vernon Office Space Available

      Office space for lease with highway access and storage options.
      7451 Highway 62 E, Mount Vernon, IN 47620
      View Details
    • $12 SF/Yr
      3,450 SF

      Downtown Office Space Available

      Office space in the heart of downtown Mount Vernon.
      112 E 3Rd St, Mount Vernon, IN 47620
      View Details
    • Contact for pricing
      6,822 SF

      Mount Vernon Retail Space Available

      Retail space available for lease in Mount Vernon, Indiana.
      111 Water St, Mount Vernon, IN 47620
      View Details
    • $1,750 /Mo
      1,650 SF

      Mount Vernon Retail Space Available

      Retail space available for lease in Mount Vernon, Indiana.
      500-550 E 4Th St, Mount Vernon, IN 47620
      View Details

    Property Visit Statistics

    • Visits by month
      6.0k
    • Visitors by month
      3.4k
    • Avg Time on site
      17 min
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    402 Main St
    Mount Vernon, IN 47620-1844
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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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