$135,000
SOLD DEC 12, 2023

1207 E Spring St New Albany, IN 47150

4 Beds
2 Baths
2,750 Sq Ft
8,494 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

16% Below List Price

5 Days on Market

Highlights

  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Central Air
  • Porch

About This Home

As of July 2024

Discover the potential of this fantastic duplex with 2 bedrooms and 1 bath in each unit! The second-floor unit, currently tenant-occupied and requires notice for showings. However, seize the chance to explore the first-floor unit at any time – a blank canvas awaiting your vision! This unit is a renovation project in progress, offering a unique opportunity to design your dream space. The kitchen and bathroom are ready for your personal touch. Unleash your creativity and transform this duplex into a gem! Act fast – this is your chance to craft a personalized haven or investment property.

Last Agent to Sell the Property

Reed Martin

RE/MAX FIRST-Commercial Group License #RB14035705 Listed on: 11/16/2023

RE/MAX FIRST-Commercial Group

Last Buyer's Agent

Kevin Kelly

RE/MAX FIRST License #RB17001181

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1874

Lot Details

  • 8,494 Sq Ft Lot
  • Lot Dimensions are 50 x 170
  • Property is zoned Multi Family

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502800538000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,194

Year Built

Built in 1874

Lot Details

0

Parking

1

Listing Details

  • Improvements: 82400
  • Annual Tax: 2194
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Poured Concrete
  • Land Assessment: 17600
  • Legal Description: P 13 L 44
  • Lot Dimensions: 50 x 170
  • Out Buildings: Garage
  • Parcel Number: 220502800538000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 100000
  • Total Finished Square Footage: 2750
  • Type: 2 Story
  • Year Built: 1874
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 2750.00
  • Appliances: Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Interior Amenities: Eat-In Kitchen
  • Lot Sq Ft: 8494.20
  • Room Count: 10
  • Sewer Type: Sewer
  • Total Sq Ft: 2750
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Porch

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.1950
  • Zoning: Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Jul 22, 2024
Sold by
Betz Investments Llc
Bought by
Grover William Coxen and Grover Amy Elizabeth
Seller's Agent
Heather Robinson
Green Tree Real Estate Services
Buyer's Agent
Alison Koopman
Lopp Real Estate Brokers
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
Views
26
Current Estimated Value
$306,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,741
Avg. Annual Appreciation
-10.08%
Original Mortgage
$247,500
Outstanding Balance
$245,840
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$49,333

Purchase Details

Listed on
Nov 16, 2023
Closed on
Dec 12, 2023
Sold by
Oxendine Anthony D
Bought by
Betz Investments Llc
Seller's Agent
Reed Martin
RE/MAX FIRST-Commercial Group
Buyer's Agent
Kevin Kelly
RE/MAX FIRST
List Price
$160,000
Sold Price
$135,000
Premium/Discount to List
-$25,000
-15.62%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
343.57%

Purchase Details

Closed on
Feb 1, 2018
Sold by
Cannon Thomas B
Bought by
Oxendine Anthony D
Source: Public Records

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Range of Values:

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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
Warranty Deed $330,000 None Listed On Document
Warranty Deed $135,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,500 New Conventional
Previous Owner $71,812 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $330,000 -5.7% $114 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $349,900 +159.2% $121 / Sq Ft
12/12/2023 12/12/23 Sold $135,000 -15.6% $49 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $160,000 -- $58 / 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 $2,575 $119,500 $17,600 $101,900
2023 $2,575 $100,000 $17,600 $82,400
2022 $2,198 $103,100 $17,600 $85,500
2021 $1,924 $89,600 $17,600 $72,000
2020 $1,927 $89,600 $17,600 $72,000
2019 $1,827 $84,900 $17,600 $67,300
2018 $938 $79,200 $17,600 $61,600
2017 $1,851 $79,300 $17,600 $61,700
2016 $789 $78,700 $17,600 $61,100
2014 $388 $68,400 $17,600 $50,800
2013 -- $70,200 $17,600 $52,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2023011827

Southern Indiana REALTORS® Association

APN: 22-05-02-800-538.000-008