NOT LISTED FOR SALE

1112 E Spring St New Albany, IN 47150

Estimated Value: $122,000 - $262,000

2 Beds
3 Baths
2,030 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 10, 2017

Last sale price $35,000 $17 Per Sq Ft

Est. 450% increase in value since last sale

Current estimated payment $1,212/month

90 Days on Market

About This Home

As of October 2017

Tri-Plex; 1 bedroom in each unit. Great location, close to the lively and growing downtown New Albany. This Tri-Plex has lots of options as an investment. The main roadway is close & walking distance to downtown for ease of getting to/from all the fun in New Albany. Two of the units are on the first floor and one is on the second floor. The second floor unit has a private balcony and could possible be a 2 bedroom unit. Owner warrants nothing; has been used as a rental since their purchase. The property has been vacant for some time. Room size & Sq Ft approx.

Last Listed By

Pam Lumley

RE/MAX Ability Plus License #RB14031949 Listed on: 06/21/2017

RE/MAX Ability Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $432

Year Built

  • Built in 1929

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x120

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 2,030 Sq Ft Home
  • Basement Cellar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Listing and Financial Details

  • Assessor Parcel Number 220502800587000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$432

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 16900
  • Additional Parking: Off Street
  • Annual Tax: 432
  • Appointment: Not Needed
  • Construction: Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 6600
  • Legal Description: P 13 E 1/2 L. 33 UP SPRING
  • Lot Dimensions: 25X120
  • Parcel Number: 220502800587000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 23500
  • Total Finished Square Footage: 2030
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2030.00
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Lot Sq Ft: 3049.20
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 2030
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Balcony, Porch
  • Road Frontage: 25

Utilities

  • Cooling Type: Unknown
  • Heat Type: Unknown
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.0700
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
Oct 10, 2017
Sold by
Hughes Sally A
Bought by
Zoeva Properties Llc
Seller's Agent
Pam Lumley
RE/MAX Ability Plus
Buyer's Agent
Jake Archibald
Keller Williams Realty Consultants
List Price
$55,000
Sold Price
$35,000
Premium/Discount to List
-$20,000
-36.36%
Total Days on Market
90
Current Estimated Value
$192,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,667
Avg. Annual Appreciation
23.58%

Purchase Details

Closed on
Jun 5, 2017
Sold by
Duggins David C and Duggins Sally A
Bought by
Hughes Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2016
Closed on
Jan 12, 2017
Sold by
Neel Family Llc
Bought by
Duggins David C and Duggins Sally A
Seller's Agent
Russ Kruer
RE/MAX Ability Plus
Buyer's Agent
Teresa Baxter
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$48,900
Sold Price
$26,900
Premium/Discount to List
-$22,000
-44.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.14%

Range of Values:

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Average Value
Not Available
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
Zoeva Properties Llc -- --
Hughes Sally A -- Culler Law Office Llc
Duggins David C $26,900 Kemp Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zoeva Properties Llc $147,000
Closed Zoieva Properties Llc $161,500
Previous Owner Duggins David C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2017 10/10/17 Sold $35,000 -36.4% $17 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $55,000 +104.5% $27 / Sq Ft
01/12/2017 01/12/17 Sold $26,900 -45.0% $13 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
12/23/2016 12/23/16 For Sale $48,900 -- $24 / 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 $1,671 $94,900 $6,600 $88,300
2023 $1,671 $78,300 $6,600 $71,700
2022 $1,728 $80,900 $6,600 $74,300
2021 $1,485 $69,000 $6,600 $62,400
2020 $1,488 $69,000 $6,600 $62,400
2019 $1,409 $65,300 $6,600 $58,700
2018 $514 $23,700 $6,600 $17,100
2017 $523 $23,700 $6,600 $17,100
2016 $470 $23,500 $6,600 $16,900
2014 $2,038 $101,900 $9,300 $92,600
2013 -- $105,200 $9,400 $95,800
Source: Public Records

Agents Affiliated with this Home

  • Pam Lumley

    Seller's Agent in 2017

    Pam Lumley

    RE/MAX

    (502) 552-5206

    19 in this area

    76 Total Sales

    Pam Lumley
    Section Image
  • Russ Kruer

    Seller's Agent in 2017

    Russ Kruer

    RE/MAX

    (502) 291-2891

    22 in this area

    68 Total Sales

    Russ Kruer
    Section Image
  • Jake Archibald

    Buyer's Agent in 2017

    Jake Archibald

    Keller Williams Realty Consultants

    (502) 645-6385

    3 in this area

    7 Total Sales

    Jake Archibald
    Section Image
  • Teresa Baxter

    Buyer's Agent in 2017

    Teresa Baxter

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 592-0884

    23 in this area

    76 Total Sales

    Teresa Baxter
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201707548

Southern Indiana REALTORS® Association

APN: 22-05-02-800-587.000-008

Indiana Floyd County New Albany 47150

1112 E Spring St, New Albany, IN

Homes for Sale in New Albany, IN

This home is located at 1112 E Spring St, New Albany, IN 47150 since 21 June 2017 and is currently estimated at $192,667, approximately $94 per square foot. This property was built in 1929. 1112 E Spring St is a home located in Floyd County with nearby schools including S. Ellen Jones Elementary School, Nathaniel Scribner 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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