NOT LISTED FOR SALE

1257 Vance Ave New Albany, IN 47150

Estimated Value: $108,000 - $189,000

2 Beds
1 Bath
1,245 Sq Ft
$129/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $40,000 $32 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $1,094/month

54 Days on Market

Highlights

  • Covered Patio or Porch
  • Landscaped
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2016

Nice bungalow home with covered front porch. All appliances remain. Large glassed in back porch This home qualifies for just a $100 down payment if financed FHA financing. HUD owned, SOLD AS IS, HUD case 151-874005, Listed FHA IE (Insured with escrow) Qualifies for FHA 203K financing. It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status or national origin. Number of rooms, measurements and sq ft not warranted, if critical buyer should verify. Taxes may reflect a deduction that may not continue to apply, possibility resulting in a higher bill.

Last Agent to Sell the Property

Gene Baxter

Schuler Bauer Real Estate Services ERA Powered (N License #RB14021497 Listed on: 01/06/2016

Schuler Bauer Real Estate Services ERA Powered  (N

Co-Listed By

Teresa Baxter

Schuler Bauer Real Estate Services ERA Powered (N License #RB14051574

Last Buyer's Agent

Nanci Habermel

Coldwell Banker McMahan License #RB14041053

Coldwell Banker McMahan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $489

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x101
  • Landscaped

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,245 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220504201501000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$489

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 56600
  • Annual Tax: 489
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 21700
  • Legal Description: P.522 L.7-8 BLK. 2
  • Lot Dimensions: 50X101
  • Parcel Number: 220504201501000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 78300
  • Total Finished Square Footage: 1245
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 1245.00
  • Appliances: Clothes Dryer, Clothes Washer, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Lot Measurement: Acres
  • Lot Sq Ft: 4792.00
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 1245
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Porch, Landscaped

Garage/Parking

  • Garage Spaces: 0

Utilities

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

Lot Info

  • Acres: 0.1100
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2016
Closed on
Jul 8, 2016
Sold by
Hud
Bought by
King Arthur Danalle
Seller's Agent
Gene Baxter
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Nanci Habermel
Coldwell Banker McMahan
List Price
$21,000
Sold Price
$40,000
Premium/Discount to List
$19,000
90.48%
Current Estimated Value
$161,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,106
Avg. Annual Appreciation
16.23%
Original Mortgage
$42,444
Outstanding Balance
$34,767
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$123,920

Purchase Details

Closed on
Sep 3, 2015
Sold by
Us Bank Na
Bought by
Hud

Purchase Details

Closed on
Mar 13, 2015
Sold by
Floyd County Sheriff
Bought by
Us Bank Na

Purchase Details

Closed on
Jun 12, 2008
Sold by
Hubbard Brittany and Curry Brittany
Bought by
Kramer Adam W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,782
Interest Rate
6.05%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
King Arthur Danalle -- --
Hud -- --
Us Bank Na $49,560 --
Kramer Adam W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Arthur Danalle $42,444
Previous Owner Kramer Adam W $86,782
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $40,000 +90.5% $32 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $21,000 -- $17 / 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 $2,610 $123,100 $21,700 $101,400
2023 $2,610 $122,300 $21,700 $100,600
2022 $2,512 $117,800 $21,700 $96,100
2021 $2,356 $109,700 $21,700 $88,000
2020 $2,272 $105,600 $21,700 $83,900
2019 $1,958 $91,000 $21,700 $69,300
2018 $2,142 $97,100 $21,700 $75,400
2017 $929 $89,900 $21,700 $68,200
2016 $556 $81,000 $21,700 $59,300
2014 $688 $78,300 $21,700 $56,600
2013 -- $76,500 $21,700 $54,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201508467

Southern Indiana REALTORS® Association

APN: 22-05-04-201-501.000-008