Prime Location & Investment Opportunity This 4-bedroom, 1-bathroom home sits on a spacious 1.25-acre lot in a premium location with excellent potential. Located right on the corner of Hwy 63, just 1/2 mile from Hwy 74, this property is ideally positioned at the center of two major highways, providing easy access and excellent visibility. The home is just minutes from Covington and Danville, IL, making it a prime location for a family or an investor. The property also features a 24' x 24' detached garage and shop, offering plenty of space for hobbies, projects, small equipment and storage. Whether you're looking for a place to make your own or an investment opportunity to add to your portfolio, this property offers space, location, and potential that are hard to find. Don't miss this great opportunity! Book a showing today!
Pending
$149,900
1050 E 1550 N, Covington, IN 47932
4beds
1,176sqft
Residential, Single Family Residence
Built in 1900
1.25 Acres Lot
$-- Zestimate®
$127/sqft
$-- HOA
What's special
- 12 days
- 794
- 39
Zillow last checked:
Listing updated:
Listed by:
Morgan Lape 765-769-6718,
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22121089
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 4
Primary bedroom
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Bedroom 2
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Bedroom 3
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 4
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12 x 10
Living room
- Level: Main
- Dimensions: 23' 2
Heating
- Baseboard, Electric, Other
Cooling
- Window Unit(s)
Appliances
- Included: Electric Cooktop, Range Hood
Features
- Ceiling Fan(s), Hardwood Floors, Eat-in Kitchen
- Flooring: Hardwood
- Basement: Storage Space,Unfinished
Interior area
- Total structure area: 1,176
- Total interior livable area: 1,176 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 1.25 Acres
Details
- Parcel number: 830104300006000009
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Water: Well, Private
- Utilities for property: Electricity Connected, See Remarks
Community & HOA
Community
- Subdivision: Highland
Location
- Region: Covington
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $33,600
- Annual tax amount: $572
- Date on market: 8/19/2026
- Cumulative days on market: 14 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,251/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Pending sale | $149,900$127/sqft |
Source:  MIBOR as distributed by MLS GRID #22121089 Report a problem | ||
| 8/19/2026 | Listed for sale | $149,900$127/sqft |
Source: MIBOR as distributed by MLS GRID #22121089 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $603 +5.9% | $33,600 |
| 2024 | $570 -2.8% | $33,600 +14.7% |
| 2023 | $586 0% | $29,300 |
| 2022 | $586 +0% | $29,300 |
| 2021 | $586 +0% | $29,300 |
| 2020 | $586 +2.7% | $29,300 |
| 2019 | $571 +4.3% | $29,300 |
| 2018 | $547 +4.6% | $29,300 |
| 2017 | $523 -1.3% | $29,300 |
| 2016 | $529 +13.2% | $29,300 |
| 2014 | $468 -3.5% | $29,300 -57.2% |
| 2013 | $484 -52.4% | $68,500 -1.9% |
| 2012 | $1,018 | $69,800 +22.5% |
| 2011 | -- | $57,000 -3.9% |
| 2010 | $857 +1.7% | $59,300 +6.8% |
| 2009 | $843 | $55,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 47932
Nearby schools
Schools provided by the listing agent
- Elementary: North Vermillion Elementary School
- High: North Vermillion High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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