$149,900
- 4 Beds
- 1 Bath
- 1,176 sqft (on 1.25 acres)
1050 E 1550 N, Covington, IN 47932
Est. Mortgage $924/mo*
Get Pre-QualifiedHome Highlights
Property Type
Single-Family Home
Year Built
1900
Lot Size
1.25 acres
Price/Sqft
$127
Parking
Garage
Local Information
-- mins to
About this House
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!
Last check for updates: 38 minutes ago
Listing Provided by: Morgan Lape
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22121089

Also Listed on MIBOR as distributed by MLS GRID, eXp Realty.
Home Details for 1050 E 1550 N
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MLS Status: Pending |
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Interior Details Basement: Storage Space,UnfinishedNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 4Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1176 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, See RemarksAppliances: Electric Cooktop, Range Hood |
Heating & Cooling Heating: Baseboard,Electric,OtherHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Hardwood |
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Exterior Home Features Patio / Porch: CoveredFoundation: Block |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached |
Farm & Range Horse Amenities: None |
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Cumulative Days on Market: 4Days on Market: 13 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Vinyl SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 830104300006000009 |
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Price List Price: $149,900Price Per Sqft: $127 |
Status Change & Dates Off Market Date: Fri Aug 21 2026Possession Timing: Close Of Escrow |
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Direction & Address City: CovingtonCommunity: Highland |
School Information Elementary School: North Vermillion Elementary SchoolHigh School: North Vermillion High SchoolHigh School District: North Vermillion Com Sch Corp |
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Listing Agent Listing ID: 22121089 |
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Building Area Building Area: 1176 Square Feet |
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Lot Area: 1.25 Acres |
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BasementMls Number: 22121089 |
Around this home
What Locals Say about Covington
At least 17 Trulia users voted on each feature.
95 % Say it's dog friendly
90 % Say parking is easy
89 % Say kids play outside
86 % Say yards are well-kept
82 % Say it's walkable to restaurants
82 % Say car is needed
80 % Say people would walk alone at night
78 % Say it's walkable to grocery stores
78 % Say there are sidewalks
75 % Say there's holiday spirit
72 % Say it's quiet
69 % Say neighbors are friendly
58 % Say they plan to stay for at least 5 years
53 % Say streets are well-lit
52 % Say there are community events
32 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in Covington
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
26
3MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.54 | Single-Family Home | $295,000 | 07/15/26 | 3 | 2 | 1,698 | |
1.60 | Single-Family Home | $397,500 | 08/06/26 | 3 | 3 | 2,219 | |
1.96 | Single-Family Home | $405,000 | 03/06/26 | 3 | 2.5 | 2,220 | |
2.07 | Single-Family Home | $625,000 | 01/02/26 | 4 | 2.5 | 4,044 | |
2.30 | Single-Family Home | $350,000 | 05/06/26 | 3 | 2 | 2,026 | |
2.26 | Single-Family Home | $359,000 | 11/24/25 | 3 | 2.5 | 2,007 | |
2.26 | Single-Family Home | $347,900 | 06/02/26 | 3 | 2.5 | 2,058 | |
2.21 | Single-Family Home | $274,000 | 08/21/26 | 3 | 2 | 2,256 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.16 | $47,600 | - | - | - | Off Market | |
0.44 | $381,600 | 3 | 2.5 | 1,982 | Off Market | |
0.51 | $243,800 | 3 | 2 | 2,592 | Off Market | |
0.54 | $295,000 | 3 | 2 | 1,698 | Recently Sold | |
0.72 | $289,400 | 4 | 2 | 1,604 | Off Market | |
0.72 | $284,200 | 4 | 2 | 1,604 | Off Market | |
1.17 | $407,300 | 3 | 2.5 | 2,942 | Off Market | |
1.17 | $394,100 | 3 | 2.5 | 2,130 | Off Market | |
1.27 | $184,000 | 3 | 1 | 3,072 | Off Market | |
1.41 | $312,600 | 3 | 2 | 1,400 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 21, 2026 Source: MIBOR as distributed by MLS GRID #22121089 | Pending | $149,900 |
Aug 19, 2026 Source: MIBOR as distributed by MLS GRID #22121089 | Listed For Sale | $149,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $603 | $33,600 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Morgan Lape, eXp Realty, LLC

Based on information submitted to the MLS GRID as of 2026-09-01 15:48:12 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 1050 E 1550 N
- What is the estimated monthly payment for 1050 E 1550 N?Based on a $149,900 list price with 20% down at today's rates, the estimated monthly payment for 1050 E 1550 N in Covington, IN is approximately $945 (about $793 principal & interest, $77 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Covington?Residents describe Covington, IN as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Covington, IN.
- What are the closest schools to 1050 E 1550 N?The closest schools to 1050 E 1550 N in Covington, IN are North Vermillion Elementary School (Pre-K, rated 4/10), North Vermillion High School (Middle, rated 4/10).
- Does 1050 E 1550 N have air conditioning?Yes, 1050 E 1550 N in Covington, IN has air conditioning.
- How big is the lot at 1050 E 1550 N?The lot at 1050 E 1550 N in Covington, IN is about 1.3 acres.
- Does 1050 E 1550 N have a garage?Yes, 1050 E 1550 N in Covington, IN has a garage.
1050 E 1550 N, Covington, IN 47932 is a 4 bedroom, 1 bathroom, 1,176 sqft single-family home built in 1900. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Aug 19, 2026. The MLS # for this home is MLS# 22121089.

