$72,000
SOLD JAN 31, 2025

115 Union St New Albany, IN 47150

2 Beds
1 Bath
928 Sq Ft
3,572 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

24% Below List Price

40 Days on Market

Highlights

  • Covered patio or porch
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

Great opportunity for investors! Conveniently located off State St and close to Downtown New Albany! Covered porch! All square footage and information are deemed to be accurate but buyers to verify. Tenants rights apply. Current tenants are month to month. Sold "As Is."

Last Agent to Sell the Property

Chris Koerner

Property Advancement Realty License #RB14051669 Listed on: 09/07/2024

Last Buyer's Agent

Lori Lopez

EXIT Realty Choice License #RB19002214

EXIT Realty Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 1929

Home Design

  • Frame Construction

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Covered patio or porch
  • 3,572 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 0088290025

Home Details

Home Type

Single Family

Est. Annual Taxes

$836

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 31100
  • Annual Tax: 836
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 7400
  • Legal Description: P 329 L 25
  • Parcel Number: 0088290025
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 38500
  • Total Finished Square Footage: 928
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 928.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Lot Sq Ft: 3571.92
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 928
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Covered Porch

Utilities

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

Lot Info

  • Acres: 0.0820
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2021
Sold by
Homeward Properties Llc
Bought by
Blackoak Equity Investments Llc
Current Estimated Value
$86,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,394,000
Interest Rate
2.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2021
Sold by
Elite Enterprises Llc
Bought by
Dns Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,394,000
Interest Rate
2.27%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 28, 2012
Closed on
Sep 4, 2012
Sold by
Bam Investments Llc
Bought by
Elite Enterprises Llc
Seller's Agent
Brian Beckort
Beckort Auctions, LLC
Buyer's Agent
Brian Beckort
Beckort Auctions, LLC
List Price
$12,650
Sold Price
$12,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.87%
Original Mortgage
$54,560
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in New Albany, IN

  • 729 Young St, New Albany, IN 47150

    $66,300

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft
    • 729 Young St
    • New Albany, IN

    Just Reduced! Why rent when you can own this adorable home located in New Albany! Offers 1 (possibly 2) bedrooms (2nd bedroom has no closet), large eat-in kitchen w/laundry hookups and large living room with an additional add-on room for extra space and an unfinished basement! 2-Car Carport with a paved driveway! Note: "Seller Choice of Services, Bring all offers, Sold AS-IS: Seller will

    Jennifer Jordan Lighthouse Realty Group, Inc.

    Section Image
  • 1711 Ekin Ave, New Albany, IN 47150

    $60,000

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • 1711 Ekin Ave
    • New Albany, IN

    SOLD AS- IS Investor special in the heart of downtown New Albany! This 2 bedroom, 1 bath home offers strong potential with its desirable location just minutes from restaurants, shopping, and expressways. Property is being sold as a package deal with 1713 Ekin Ave (listed separately). This is a great opportunity to invest in a growing area and build equity with updates.Showings available Friday,

    Teresa Wallace

    Section Image
  • 1713 Ekin Ave, New Albany, IN 47150

    $80,000

    • 3 Beds
    • 2 Baths
    • 1,593 Sq Ft
    • 1713 Ekin Ave
    • New Albany, IN

    SOLD AS- IS This 3-bedroom, 2-bath home is part of a package deal with 1711 Ekin Ave (listed separately), offering an excellent opportunity for investors looking for rental potential or renovation projects in downtown New Albany. Minutes from dining, shopping, and expressway access, this property has a solid footprint and a flexible layout to suit a variety of needs. Showings available Friday,

    Teresa Wallace

    Section Image
  • 510 Payne Rd, New Albany, IN 47150

    $84,900

    • 3 Beds
    • 1 Bath
    • 1,288 Sq Ft
    • 510 Payne Rd
    • New Albany, IN

    Nestled at the base of Floyd's Knobs with a beautiful country setting just minutes from downtown. This fixer upper is ready for a great designers eye and craftmans touch to bring this dream home back to life. This quiet and cozy location will give you a country feel with easy access to all the amenities of New Albany/Louisville.

    Matthew Nalley Rhodes Realty, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $1,714,284 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Previous Owner $1,394,000 Commercial
Previous Owner $54,560 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $72,000 -15.2% $78 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/02/2024 10/02/24 Price Changed $84,900 -10.5% $91 / Sq Ft
09/07/2024 09/07/24 For Sale $94,900 +650.2% $102 / Sq Ft
09/04/2012 09/04/12 Sold $12,650 0.0% $14 / Sq Ft
07/24/2012 07/24/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $12,650 -- $14 / 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 $836 $37,800 $7,400 $30,400
2023 $836 $38,500 $7,400 $31,100
2022 $849 $39,100 $7,400 $31,700
2021 $796 $36,400 $7,400 $29,000
2020 $781 $35,700 $7,400 $28,300
2019 $719 $32,900 $7,400 $25,500
2018 $716 $32,600 $7,400 $25,200
2017 $726 $32,500 $7,400 $25,100
2016 $652 $32,200 $7,400 $24,800
2014 $614 $30,200 $7,400 $22,800
2013 -- $28,100 $7,400 $20,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2024010697

Southern Indiana REALTORS® Association

APN: 22-05-03-401-667.000-008