NOT LISTED FOR SALE

1118 E Main St New Albany, IN 47150

Estimated Value: $412,394 - $526,000

6 Beds
6 Baths
4,337 Sq Ft
$108/Sq Ft Est. Value

Last Sold April 18, 2012

Last sale price $185,000 $43 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $2,785/month

Highlights

  • Second Kitchen
  • Corner Lot
  • Formal Dining Room
  • Deck
  • First Floor Utility Room
  • 3 Car Detached Garage

About This Home

As of April 2012

Rare opportunity. With more than 4,000 square feet, the historic Samuel A. McClung House offers many possibilities for owner occupancy and/or investment. Built ca. 1870, this Gothic/Italianate treasure has been divided into four apartments, three of which are rented for $550 apiece. The other three have been used together as an owner's suite in recent years. Priced $15,000 under estate appraisal, this property is priced to sell. Rental income on the three occupied apartments could pay the mortgage on the entire property. Many outstanding original features remain, but mechanicals have been updated. Deep lot with three-car, detached garage and additional off-street parking. Property is located within the Mansion Row Historic District. Exterior alterations are subject to approval by the New Albany Historic Preservation Commission. Zoned R-3. House history available. Square footage and measurements rounded/approximate. Taxes are 2010 pay 2011 and reflect homestead and mortgage deductions.

Last Agent to Sell the Property

Ed Clere

Compass REALTORS, LLC License #RB14025699 Listed on: 11/23/2011

Compass REALTORS, LLC

Last Buyer's Agent

Russ Kruer

RE/MAX Ability Plus License #RB14013527

RE/MAX Ability Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,037

Year Built

  • Built in 1870

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 65 x 214
  • Corner Lot
  • Property is zoned Multi Family

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 4,337 Sq Ft Home
  • 2-Story Property
  • Living Quarters
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • First Floor Utility Room
  • Storage

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 220502801405000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,037

Year Built

Built in 1870

Lot Details

0

Parking

3

Listing Details

  • Improvements: 185000
  • Additional Parking: Off Street
  • Annual Tax: 2037
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Brick (Solid)
  • Land Assessment: 9200
  • Legal Description: PLAT 173 LOT 4 BLK 18 1118 E. MAIN ST.
  • Lot Dimensions: 65 x 214
  • Out Buildings: Garage
  • Parcel Number: 220502801405000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 194200
  • Total Deduction Amnt: 97910
  • Total Finished Square Footage: 4337
  • Type: 2 Story
  • Year Built: 1870
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar, Crawl Space, Outside Entrance, Partial, Unfinished
  • Above Grade Finished Sq Ft: 4337.00
  • Appliances: Dishwasher, Garage Door Opener, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 6
  • Total Bathrooms: 6.00
  • Total Bedrooms: 6
  • Interior Amenities: 1st Floor Utility, Added Storage, Addl Living Qtrs, Blinds, Breakfast Bar, Cable Wired, Ceiling Fan(s), Eat-In Kitchen, Family Room, Formal Dining Rm, Foyer, Kitchen Island, Pantry, Second Kitchen
  • Lot Measurement: Acres
  • Lot Sq Ft: 13896.00
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 4337
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Deck, Paved Driveway, Public Sidewalk

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 3
  • 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: 0.3200
  • Lot Description: Corner Lot
  • Zoning: Multi Family, Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2019
Sold by
Pfohl David A
Bought by
Pfohl David A and Pfohl Rebecca
Current Estimated Value
$468,099

Purchase Details

Closed on
May 26, 2015
Sold by
Pfohl David A and Koenigsmark Karen
Bought by
Pfohl David A

Purchase Details

Closed on
Oct 9, 2014
Sold by
Pfohl David A
Bought by
Pfohl David A and Koenigs Karen

Purchase Details

Listed on
Nov 23, 2011
Closed on
Apr 18, 2012
Sold by
Powell Joseph L
Bought by
Pfohl David A
Seller's Agent
Ed Clere
Compass REALTORS, LLC
Buyer's Agent
Russ Kruer
RE/MAX Ability Plus
List Price
$205,000
Sold Price
$185,000
Premium/Discount to List
-$20,000
-9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$185,000
Interest Rate
4.08%
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
Pfohl David A -- None Available
Pfohl David A -- --
Pfohl David A -- --
Pfohl David A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfohl David A $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2012 04/18/12 Sold $185,000 -9.8% $43 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
11/23/2011 11/23/11 For Sale $205,000 -- $47 / 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 $3,630 $238,800 $37,100 $201,700
2023 $3,630 $234,700 $37,100 $197,600
2022 $2,918 $228,300 $37,100 $191,200
2021 $2,577 $210,400 $37,100 $173,300
2020 $2,574 $210,500 $37,100 $173,400
2019 $3,038 $234,500 $37,100 $197,400
2018 $2,547 $208,900 $37,100 $171,800
2017 $2,596 $209,100 $37,100 $172,000
2016 $2,323 $207,300 $37,100 $170,200
2014 $1,610 $182,400 $37,100 $145,300
2013 -- $177,800 $37,100 $140,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Ed Clere

    Compass REALTORS, LLC

    (812) 987-4333

    5 in this area

    7 Total Sales

    Ed Clere
    Section Image
  • Russ Kruer

    Buyer's Agent in 2012

    Russ Kruer

    RE/MAX

    (502) 291-2891

    20 in this area

    63 Total Sales

    Russ Kruer
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201107839

Southern Indiana REALTORS® Association

APN: 22-05-02-801-405.000-008

Indiana Floyd County New Albany 47150

1118 E Main St, New Albany, IN

This home is located at 1118 E Main St, New Albany, IN 47150 since 23 November 2011 and is currently estimated at $468,099, approximately $107 per square foot. This property was built in 1870. 1118 E Main St is a home located in Floyd County with nearby schools including Green Valley 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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