NOT LISTED FOR SALE

1202 E Spring St New Albany, IN 47150

Estimated Value: $141,000 - $192,000

2 Beds
1 Bath
1,110 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $185,400 $167 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $991/month

15 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Fenced Yard
  • Loft
  • First Floor Utility Room
  • Eat-In Kitchen

About This Home

As of August 2023

THIS HOME IS A MUST SEE! The cozy front porch leads you through the front doors where you’ll immediately notice the high ceilings throughout this charming and completely remodeled home built in 1929. This home is conveniently located on Historic Spring Street in New Albany, close to restaurants, shopping and the downtown area. This freshly painted, 2 bedroom, 1 full bath home with hardwood flooring has many updates including a large tiled walk-in shower, updated lighting, and an updated kitchen with stainless steel appliances (dishwasher was purchased in 2022) and concrete countertops. The cozy living room features a gas fireplace and a large picture window. Your eyes will immediately go to the vaulted barnwood ceiling in the den, which also features a loft area with a book window and additional storage. The backyard is ready for entertaining with a new fence, a covered deck with a metal roof, a brick walkway and a unique shed for storage. Updates include: New HVAC, hot water heater, plumbing and electric in 2013. New tankless water heater - June 2023. Sq ft, taxes, & school systems are to be verified by the buyer(s) or buyer's agent if critical to the buyer(s).

Last Listed By

Cathy Jackson

Schuler Bauer Real Estate Services ERA Powered (N License #RB22000113 Listed on: 06/11/2023

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $634

Year Built

  • Built in 1929

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 25 x 120
  • Fenced Yard

Parking

  • Driveway

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room
  • Loft
  • First Floor Utility Room
  • Basement
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220502800582000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$634

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 68600
  • Additional Assessor Parcel Numbers: 008-68501-00
  • Annual Tax: 634
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Brick (Solid)
  • Land Assessment: 9400
  • Legal Description: P 13 W 1/2 L 41
  • Lot Dimensions: 25 x 120
  • Numof Fireplaces: 1
  • Open House Count: 1
  • Out Buildings: Shed
  • Parcel Number: 220502800582000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 78000
  • Total Deduction Amnt: 50934
  • Total Finished Square Footage: 1110
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1110.00
  • Appliances: Dishwasher, Disposal, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Blinds, Ceiling Fan(s), Eat-In Kitchen, Family Room, Loft
  • Lot Sq Ft: 4356.00
  • Sewer Type: Sewer
  • Total Sq Ft: 1110

Exterior Features

  • Exterior Features: Covered Porch, Deck, Fenced Yard, Paved Driveway, Vinyl Siding

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: 0.1000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2023
Closed on
Aug 4, 2023
Sold by
Ramos Manuel Alfonso and Ramos Rebecca
Bought by
Vessels Carrie Ann
Seller's Agent
Cathy Jackson
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Ruth Stewart
Nest Realty
List Price
$180,000
Sold Price
$185,400
Premium/Discount to List
$5,400
3%
Total Days on Market
15
Views
179
Current Estimated Value
$170,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,068
Avg. Annual Appreciation
-4.63%
Original Mortgage
$182,041
Outstanding Balance
$178,575
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
-$8,243

Purchase Details

Listed on
May 29, 2012
Closed on
Mar 18, 2013
Sold by
Jr
Bought by
Ramos Manuel A and Bauer Becca
Seller's Agent
Paul Kiger
Coldwell Banker McMahan
Buyer's Agent
Gary Lytle
eXp Realty, LLC
List Price
$39,900
Sold Price
$19,000
Premium/Discount to List
-$20,900
-52.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.52%

Purchase Details

Closed on
May 14, 2010
Sold by
Federal National Mortgage Association
Bought by
Hodapp Jerome J

Purchase Details

Closed on
Dec 1, 2009
Sold by
Roberson Timothy G
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 16, 2005
Sold by
Holt Jack M and Holt Virginia C
Bought by
Roberson Timothy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Vessels Carrie Ann $185,400 None Listed On Document
Ramos Manuel A $19,000 --
Hodapp Jerome J -- Statewide Title Company Inc
Federal National Mortgage Association $56,049 None Available
Roberson Timothy G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vessels Carrie Ann $182,041
Previous Owner Ramos Manuel A $80,000
Previous Owner Ramos Manuel A $30,000
Previous Owner Roberson Timothy G $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $185,400 +3.0% $167 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $180,000 0.0% $162 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/11/2023 06/11/23 For Sale $180,000 +847.4% $162 / Sq Ft
03/18/2013 03/18/13 Sold $19,000 -52.4% $17 / Sq Ft
03/05/2013 03/05/13 Pending -- -- --
05/29/2012 05/29/12 For Sale $39,900 -- $36 / 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 $551 $93,800 $9,400 $84,400
2023 $551 $78,000 $9,400 $68,600
2022 $651 $80,500 $9,400 $71,100
2021 $530 $69,800 $9,400 $60,400
2020 $515 $69,900 $9,400 $60,500
2019 $467 $65,800 $9,400 $56,400
2018 $434 $61,300 $9,400 $51,900
2017 $663 $61,000 $9,400 $51,600
2016 $405 $60,400 $9,400 $51,000
2014 $208 $30,500 $9,300 $21,200
2013 -- $31,400 $9,400 $22,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202308313

Southern Indiana REALTORS® Association

APN: 22-05-02-800-582.000-008