NOT LISTED FOR SALE

1206 E Main St New Albany, IN 47150

Estimated Value: $348,000 - $482,824

8 Beds
6.5 Baths
5,017 Sq Ft
$87/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $302,560 $60 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,455/month

7 Days on Market

About This Home

As of October 2019

The McCord Mansion for sale "as is".

Last Listed By

Ken Groh

Berkshire Hathaway HomeServices Parks & Weisberg R License #RB14028386 Listed on: 10/11/2019

Berkshire Hathaway HomeServices Parks & Weisberg R

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,150

Year Built

  • Built in 1929

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90x125

Interior Spaces

  • 5,017 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 220502801610000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,150

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 333200
  • Additional Assessor Parcel Numbers: 0087230011
  • Annual Tax: 7150
  • Appointment: Mandatory
  • Construction: Existing
  • Land Assessment: 39600
  • Legal Description: P 211 L 1 / W 30' L. 2 / PRT LTS. 8 & 7
  • Lot Dimensions: 90x125
  • Parcel Number: 220502801610000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 372800
  • Total Finished Square Footage: 5017
  • Type: 3 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Basement Type: Full
  • Above Grade Finished Sq Ft: 5017.00
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Total Bedrooms: 8
  • Lot Sq Ft: 11325.60
  • Sewer Type: Sewer
  • Total Sq Ft: 5017

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Unknown
  • Heat Type: Unknown
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.2600
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Oct 30, 2019
Sold by
1206 East Main Street Llc
Bought by
Kstd Development Llc
Seller's Agent
Ken Groh
Berkshire Hathaway HomeServices Parks & Weisberg R
Buyer's Agent
Tiffany Denison
Lopp Real Estate Brokers
List Price
$339,900
Sold Price
$302,560
Premium/Discount to List
-$37,340
-10.99%
Total Days on Market
7
Current Estimated Value
$438,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,646
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Nov 20, 2013
Sold by
Heap Brett
Bought by
1206 East Main Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,500
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2007
Sold by
Wolverton Family Limited Partnership
Bought by
Heap Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2007
Sold by
George M Wolverton Living Trust
Bought by
Wolverton Family Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.77%
Mortgage Type
Commercial

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
Kstd Development Llc -- None Available
1206 East Main Street Llc -- --
Heap Brett -- None Available
Wolverton Family Limited Partnership -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1206 East Main Street Llc $353,500
Previous Owner 1206 East Main Street Llc $353,500
Previous Owner Heap Brett $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $302,560 -11.0% $60 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $339,900 -- $68 / 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 $12,162 $379,000 $39,600 $339,400
2023 $12,162 $371,900 $39,600 $332,300
2022 $7,701 $360,600 $39,600 $321,000
2021 $7,158 $332,600 $39,600 $293,000
2020 $7,170 $332,600 $39,600 $293,000
2019 $8,042 $372,800 $39,600 $333,200
2018 $7,150 $329,400 $39,600 $289,800
2017 $7,275 $329,400 $39,600 $289,800
2016 $6,524 $326,200 $39,600 $286,600
2014 $5,648 $282,400 $39,600 $242,800
2013 -- $274,500 $39,600 $234,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2019011407

Southern Indiana REALTORS® Association

APN: 22-05-02-801-610.000-008