$32,500
SOLD MAR 12, 2015

1256 Beechwood Ave New Albany, IN 47150

3 Beds
2 Baths
2,910 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$11 Per Sq Ft

7% Below List Price

29 Days on Market

Highlights

  • Second Kitchen
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Screened Porch
  • Built-in Bookshelves
  • Ceiling Fan

About This Home

As of February 2017

Investors check it out! Income potential! Really large dwelling used as a duplex with units upstairs and downstairs. It appears the basement may have been used as a 3rd unit at some point. Large rooms. First floor has 2 bedrooms, built-in oven and range, one bath and a screened-in front porch. 2nd floor has one bedroom and one bath with an office and storage. Needs a little TLC and you'd have a great rental property or it would make a really large single family home. Check it out today. Buyer or buyer's agent to verify sq. ft., zoning, schools, taxes and exemptions. Square footage measurements are approximate. A loan pre-qualification letter is required for all financed offers, at the time the offer is made. All cash offers require proof of funds at the time of offer.

Last Agent to Sell the Property

Linda Simon

Real Estate Unlimited License #RB14027682 Listed on: 02/01/2015

Last Buyer's Agent

Jason Farabee

The Agency Louisville License #RB14040829

The Agency Louisville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 114
  • Property is zoned Multi Family

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,910 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Screened Porch
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Second Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220504201468000008

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Improvements: 84300
  • Annual Tax: 2033
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 17500
  • Legal Description: SEC:-3 DIST:0005 CITY/MUNI/TWP:NEW ALBANY TOWNSHIP P. 522 E 40' L. 1-2-3-4-5 BLK. 5 52.
  • Lot Dimensions: 50 x 114
  • Parcel Number: 220504201468000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 101800
  • Total Finished Square Footage: 2910
  • Type: 2 Story
  • Year Built: 1928
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Full, Partially Finished
  • Above Grade Finished Sq Ft: 2310.00
  • Appliances: Range / Oven
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: Built-In Bookcase, Ceiling Fan(s), Second Kitchen
  • Lot Measurement: Acres
  • Lot Sq Ft: 5663.00
  • Room Count: 12
  • Sewer Type: Sewer
  • Total Sq Ft: 2910
  • Total Rooms: 10

Exterior Features

  • Exterior Features: Enclosed Porch, Screened Porch

Garage/Parking

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

Utilities

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

Lot Info

  • Acres: 0.1300
  • Zoning: Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2016
Closed on
Feb 23, 2017
Sold by
Farabee Inc
Bought by
Mcmahan James
Seller's Agent
Paul Kiger
Coldwell Banker McMahan
Buyer's Agent
Julie Blackman
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$164,900
Sold Price
$154,000
Premium/Discount to List
-$10,900
-6.61%
Total Days on Market
29
Current Estimated Value
$269,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,181
Avg. Annual Appreciation
6.65%
Original Mortgage
$154,000
Outstanding Balance
$128,949
Interest Rate
4.09%
Mortgage Type
VA
Estimated Equity
$133,343

Purchase Details

Listed on
Feb 1, 2015
Closed on
Mar 11, 2015
Sold by
Slf9 Master Participaion Trust
Bought by
Farabee Inc
Seller's Agent
Linda Simon
Real Estate Unlimited
Buyer's Agent
Jason Farabee
The Agency Louisville
List Price
$34,900
Sold Price
$32,500
Premium/Discount to List
-$2,400
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.16%
Original Mortgage
$51,314
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2015
Closed on
Jan 13, 2015
Sold by
Floyd County Sheriff
Bought by
Us Bank Trust Na
Seller's Agent
Linda Simon
Real Estate Unlimited
Buyer's Agent
Jason Farabee
The Agency Louisville
List Price
$34,900
Sold Price
$32,500
Premium/Discount to List
-$2,400
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,314
Interest Rate
3.67%
Mortgage Type
New Conventional
Source: Public Records

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 Type Sale Price Title Company
Deed $154,000 --
Warranty Deed $154,000 Kemp Title Agency Llc
Warranty Deed -- --
Sheriffs Deed $113,023 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,000 VA
Previous Owner $37,511 New Conventional
Previous Owner $51,314 New Conventional
Previous Owner $104,545 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2017 02/23/17 Sold $154,000 -6.6% $53 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
11/07/2016 11/07/16 For Sale $164,900 +407.4% $57 / Sq Ft
03/12/2015 03/12/15 Sold $32,500 -6.9% $11 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
02/01/2015 02/01/15 For Sale $34,900 -- $12 / 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 $2,090 $151,300 $17,500 $133,800
2023 $2,090 $154,400 $17,500 $136,900
2022 $1,202 $155,900 $17,500 $138,400
2021 $932 $140,900 $17,500 $123,400
2020 $747 $131,900 $17,500 $114,400
2019 $587 $123,700 $17,500 $106,200
2018 $473 $114,500 $17,500 $97,000
2017 $825 $104,600 $17,500 $87,100
2016 $2,072 $103,600 $17,500 $86,100
2014 $2,326 $101,800 $17,500 $84,300
2013 -- $99,100 $17,500 $81,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201500770

Southern Indiana REALTORS® Association

APN: 22-05-04-201-468.000-008