NOT LISTED FOR SALE

1313 Mill Ln New Albany, IN 47150

Estimated Value: $355,000 - $406,000

4 Beds
3.5 Baths
2,772 Sq Ft
$140/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $360,000 $130 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,451/month

22 Days on Market

Highlights

  • Scenic Views
  • 0.91 Acre Lot
  • Secluded Lot
  • Slate Run Elementary School Rated A-
  • Deck
  • Creek On Lot

About This Home

As of July 2022

Hidden Gem in the trees! Tucked just behind Sertoma park in the Bellemeade Neighborhood of New Albany...you won't find a more unique property! Situated on almost an acre, with a creek, mature trees, peace and privacy. This sprawling ranch has undergone extensive updates in the past 2-3 years. The first floor has been opened up completely...making it the perfect place to host all your parties and family holidays! New flooring (2019), laid herringbone style, brand new kitchen and appliances (2020), New master bath layout and design, with huge custom closet. New secondary bath. New paint and light fixtures throughout. HVAC within the last 2 years, roof is approx 5 years.
Basement renovation was started before the seller's decided to move. Full Bath is completed and main living area has flooring. Seller's will leave remaining flooring and cabinets for 2nd kitchen/bar area (plumbed). There is ample space for an additional bedroom with egress, and 2 additional rooms (non-egress) that could be office space, hobby room, etc. All this and still lots of storage space.

Last Agent to Sell the Property

Terri Coffey

License #RB18001449 Listed on: 05/20/2022

Last Buyer's Agent

Laine Bowling

eXp Realty, LLC License #RB14050067

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1972

Lot Details

  • 0.91 Acre Lot
  • Street terminates at a dead end
  • Fenced Yard
  • Landscaped
  • Secluded Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Stone Exterior Construction

Interior Spaces

  • 2,772 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Creek On Lot
  • Deck
  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220502900025000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,738

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Improvements: 237600
  • Additional Parking: Off Street
  • Annual Tax: 2738
  • Appointment: Mandatory
  • Construction: Existing
  • Land Assessment: 3800
  • Legal Description: 29 ILL. GNT. .6772 AC. / 29 ILL. GNT. .0523 AC. 008-54100-39
  • Numof Fireplaces: 1
  • Parcel Number: 220502900025000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 241400
  • Total Deduction Amnt: 121045
  • Total Finished Square Footage: 2772
  • Type: 1 Story
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Full, Partially Finished, Walkout
  • Above Grade Finished Sq Ft: 2058.00
  • Appliances: Clothes Dryer, Clothes Washer, Garage Door Opener, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Fireplace: Woodburning
  • Lot Sq Ft: 39617.82
  • Room Count: 17
  • Sewer Type: Sewer
  • Total Sq Ft: 2772
  • Total Rooms: 13

Exterior Features

  • Exterior Features: Covered Patio, Deck, Fenced Yard, Landscaped, Stone

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.9095
  • Lot Description: Creek, Dead End Street, Park-Like View, Scenic View, Secluded Lot, Wooded Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 8, 2022
Sold by
James Pomarole David
Bought by
Childress-Boley Sarah E
Seller's Agent
Terri Coffey
Buyer's Agent
Laine Bowling
eXp Realty, LLC
List Price
$325,000
Sold Price
$360,000
Premium/Discount to List
$35,000
10.77%
Total Days on Market
22
Current Estimated Value
$388,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,125
Avg. Annual Appreciation
2.60%
Original Mortgage
$324,000
Outstanding Balance
$310,492
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$77,633

Purchase Details

Closed on
May 26, 2020
Sold by
Jolm Llc
Bought by
Pomarole David James and Pomarole Christina P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,162
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2019
Closed on
Jan 2, 2020
Sold by
Adams Elizabeth
Bought by
Jolm Llc
Seller's Agent
Terri Coffey
Buyer's Agent
Chris Thompson
Keller Williams Realty Consultants
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.57%

Purchase Details

Closed on
Jun 19, 2018
Sold by
Adams Matthew and Adams Elizabeth
Bought by
Adams Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.6%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Childress-Boley Sarah E -- Harpole John W
Pomarole David James -- None Available
Jolm Llc -- None Available
Adams Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Childress-Boley Sarah E $324,000
Previous Owner Pomarole David James $150,000
Previous Owner Pomarole David James $221,162
Previous Owner Adams Elizabeth $128,000
Previous Owner Adams Elizabeth $130,000
Previous Owner Adams Matthew $14,005
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $360,000 +10.8% $130 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $325,000 +132.1% $117 / Sq Ft
01/02/2020 01/02/20 Sold $140,000 0.0% $34 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $140,000 -- $34 / 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 $3,389 $353,300 $39,300 $314,000
2023 $3,389 $317,200 $39,300 $277,900
2022 $3,187 $296,900 $39,300 $257,600
2021 $2,739 $253,700 $3,800 $249,900
2020 $2,608 $241,400 $3,800 $237,600
2019 $2,357 $218,400 $3,800 $214,600
2018 $2,346 $216,100 $3,800 $212,300
2017 $2,280 $206,700 $3,800 $202,900
2016 $1,977 $197,700 $3,800 $193,900
2014 $1,820 $182,000 $3,800 $178,200
2013 -- $194,500 $3,800 $190,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202208975

Southern Indiana REALTORS® Association

APN: 22-05-02-900-025.000-008