NOT LISTED FOR SALE

1017 E Spring St New Albany, IN 47150

Estimated Value: $215,000 - $240,039

3 Beds
2 Baths
1,855 Sq Ft
$123/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $159,900 $86 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,325/month

Highlights

  • Park or Greenbelt View
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Walk-In Closet
  • Historic Home

About This Home

As of July 2021

Ready for Rehab! This gem has loads of history and excellent potential for creating a sweet downtown beauty. On a corner lot, it sits across the street from one of New Albany’s prettiest pocket parks and sculpture gardens. It’s been used as a doctor’s office for many, many decades and so it has a “lobby”, office space, and exam room, which will convert to an amazing main level owner’s suite. A great kitchen and upstairs bath footprint emphasize the thoughtful floor plan. This home that has stood the test of time. Authentic historic elements include beautiful hardwood floors and doors, natural wood trim, built in corner cabinets, two sets of pocket doors, a handsome staircase and lots of smooth plaster. The windows are beautiful and look like they can be detailed back to life. A back courtyard is ready to develop into your urban oasis The HVAC is dated 2017, (the sellers used a booster AC upstairs in the hot summer months) a 2-year-old metal roof and a hardy cellar. “Good bones” abound! The home is being sold “as-is” and buyers are asked to sign an addendum stating such. Bring your contractors and check out this opportunity develop a home and property in exciting downtown NA.

Last Agent to Sell the Property

Paul Kiger

Coldwell Banker McMahan License #RB14035922 Listed on: 06/03/2021

Coldwell Banker McMahan

Co-Listed By

Sarah Ring

Coldwell Banker McMahan License #RB14044569

Last Buyer's Agent

Daniel Pierce

eXp Realty, LLC License #RB18000740

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,271

Year Built

  • Built in 1929

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x110
  • Corner Lot
  • Historic Home
  • Property is zoned Historic District

Parking

  • 1 Car Detached Garage
  • Side Facing Garage

Home Design

  • Brick Foundation
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 1,855 Sq Ft Home
  • 2-Story Property
  • Park or Greenbelt Views
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Basement

  • Sump Pump
  • Basement Cellar
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502800491000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,271

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Improvements: 108700
  • Annual Tax: 1271
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 10700
  • Legal Description: P 13; Prt L. 26; S 113' OF E 30'
  • Lot Dimensions: 30x110
  • Out Buildings: Garage
  • Parcel Number: 220502800491000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 119400
  • Total Deduction Amnt: 70865
  • Total Finished Square Footage: 1855
  • Type: 2 Story, Historical
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar, Crawl Space
  • Above Grade Finished Sq Ft: 1855.00
  • Appliances: Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: Natural Wood Trim, Sump Pump, Walk-In Closet(s)
  • Lot Sq Ft: 3049.20
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 1855
  • Total Rooms: 6

Garage/Parking

  • Garage Type: Detached, Side Entry
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.0700
  • Lot Description: Corner Lot, Park-Like View
  • Zoning: Residential, Historic District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 16, 2021
Sold by
Smith Jessica Jaye and Smith John Lewis
Bought by
Rocha Melinda C
Seller's Agent
Paul Kiger
Coldwell Banker McMahan
Buyer's Agent
Daniel Pierce
eXp Realty, LLC
List Price
$169,900
Sold Price
$159,900
Premium/Discount to List
-$10,000
-5.89%
Current Estimated Value
$228,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,860
Avg. Annual Appreciation
8.82%
Original Mortgage
$127,920
Outstanding Balance
$117,318
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$110,729

Purchase Details

Closed on
Jan 22, 2014
Sold by
Forrest Byrne
Bought by
Smith John Lewis and Smith Jessica Jaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,375
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rocha Melinda C -- Agency Title
Smith John Lewis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocha Melinda C $127,920
Previous Owner Smith John Lewis $78,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $159,900 -5.9% $86 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $169,900 -- $92 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,406 $162,200 $10,700 $151,500
2023 $1,406 $133,800 $10,700 $123,100
2022 $1,484 $139,000 $10,700 $128,300
2021 $1,277 $119,400 $10,700 $108,700
2020 $1,271 $119,400 $10,700 $108,700
2019 $1,030 $112,000 $10,700 $101,300
2018 $873 $102,800 $10,700 $92,100
2017 $890 $102,800 $10,700 $92,100
2016 $810 $101,800 $10,700 $91,100
2014 $736 $90,600 $10,700 $79,900
2013 -- $93,400 $10,700 $82,700
Source: Public Records

Agents Affiliated with this Home

  • Paul Kiger

    Seller's Agent in 2021

    Paul Kiger

    Coldwell Banker McMahan

    (502) 314-6748

    104 in this area

    289 Total Sales

    Paul Kiger
    Section Image
  • Sarah Ring

    Seller Co-Listing Agent in 2021

    Sarah Ring

    Coldwell Banker McMahan

    (502) 709-0145

    88 in this area

    153 Total Sales

    Sarah Ring
    Section Image
  • Daniel Pierce

    Buyer's Agent in 2021

    Daniel Pierce

    eXp Realty, LLC

    (502) 594-3994

    3 in this area

    131 Total Sales

    Daniel Pierce
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202108265

Southern Indiana REALTORS® Association

APN: 22-05-02-800-491.000-008

Indiana Floyd County New Albany 47150

1017 E Spring St, New Albany, IN

This home is located at 1017 E Spring St, New Albany, IN 47150 since 03 June 2021 and is currently estimated at $228,760, approximately $123 per square foot. This property was built in 1929. 1017 E Spring St is a home located in Floyd County with nearby schools including S. Ellen Jones Elementary School, Hazelwood Middle School, and New Albany Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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