NOT LISTED FOR SALE

1316 E Elm St New Albany, IN 47150

Estimated Value: $163,000 - $318,000

5 Beds
3 Baths
2,904 Sq Ft
$81/Sq Ft Est. Value

Last Sold July 20, 2017

Last sale price $127,000 $44 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,472/month

Highlights

  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2017

Triplex - first floor has 3 bedrooms, eat-in kitchen, living room, and laundry/mud room and rents for $850 w/ tenant paying gas and electric. 2nd floor has two, 1 bedroom apartments. They rent for $625 and $500 w/ utilities included. Detached garage built in 2005 has room for 2 cars. New roof, updated paint and flooring 2017, rewired 2015. Some windows replaced – so only a few more needed down the road. Current owner has replaced 2 furnaces, and 3rd right before purchased in ’08. First floor apartment has laundry. One of the upstairs apartments has hook ups. Laundromat located in next block. Pleasant location--across the street from the Community Inspiration Garden.

Last Agent to Sell the Property

Nancy Stein

Semonin REALTORS License #RB14030661 Listed on: 05/22/2017

Semonin REALTORS

Last Buyer's Agent

Paul Kiger

Coldwell Banker McMahan License #RB14035922

Coldwell Banker McMahan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,366

Year Built

  • Built in 1929

Lot Details

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

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,904 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Gas Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502800688000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,366

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Improvements: 100700
  • Additional Parking: Off Street
  • Annual Tax: 2366
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 17600
  • Legal Description: P 13 L 67
  • Lot Dimensions: 50 x 170
  • Out Buildings: Garage
  • Parcel Number: 220502800688000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 118300
  • Total Finished Square Footage: 2904
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar, Crawl Space
  • Above Grade Finished Sq Ft: 2904.00
  • Appliances: Range / Oven, Refrigerator
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Lot Sq Ft: 8494.20
  • Room Count: 12
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 2904
  • Total Rooms: 12

Exterior Features

  • Exterior Features: Covered Porch, Vinyl Siding

Garage/Parking

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

Utilities

  • Cooling Type: Central Air, Window A/C Unit(s)
  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1950
  • Zoning: Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Jul 20, 2017
Sold by
Sears Denise L and Sears Barry
Bought by
Sheckell Matthew T
Seller's Agent
Nancy Stein
Semonin REALTORS
Buyer's Agent
Paul Kiger
Coldwell Banker McMahan
List Price
$129,000
Sold Price
$127,000
Premium/Discount to List
-$2,000
-1.55%
Current Estimated Value
$234,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,429
Avg. Annual Appreciation
6.84%
Original Mortgage
$124,699
Outstanding Balance
$105,042
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$113,088

Purchase Details

Closed on
Sep 4, 2008
Sold by
Dapice Denise L
Bought by
Dapice Denise L and Sears Barry

Purchase Details

Closed on
Apr 18, 2008
Sold by
Brown James R and Brown Wilma L
Bought by
Dapice Denise L
Source: Public Records

Range of Values:

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Average Value
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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
Sheckell Matthew T $127,000 Agency Title Inc
Dapice Denise L -- None Available
Dapice Denise L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheckell Matthew T $124,699
Previous Owner Brown James R $57,321
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2017 07/20/17 Sold $127,000 -1.6% $44 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $129,000 -- $44 / 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 $9,493 $183,800 $17,600 $166,200
2023 $9,493 $152,600 $17,600 $135,000
2022 $3,370 $157,800 $17,600 $140,200
2021 $2,918 $135,600 $17,600 $118,000
2020 $1,450 $135,800 $17,600 $118,200
2019 $1,367 $128,200 $17,600 $110,600
2018 $1,229 $119,000 $17,600 $101,400
2017 $1,239 $119,400 $17,600 $101,800
2016 $2,366 $118,300 $17,600 $100,700
2014 $2,210 $110,500 $17,600 $92,900
2013 -- $113,800 $17,600 $96,200
Source: Public Records

Agents Affiliated with this Home

  • Nancy Stein

    Seller's Agent in 2017

    Nancy Stein

    Semonin Realty

    (502) 296-4306

    75 in this area

    149 Total Sales

    Nancy Stein
    Section Image
  • Paul Kiger

    Buyer's Agent in 2017

    Paul Kiger

    Coldwell Banker McMahan

    (502) 314-6748

    103 in this area

    289 Total Sales

    Paul Kiger
    Section Image
  • Sarah Ring

    Buyer Co-Listing Agent in 2017

    Sarah Ring

    Coldwell Banker McMahan

    (502) 709-0145

    88 in this area

    153 Total Sales

    Sarah Ring
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201706748

Southern Indiana REALTORS® Association

APN: 22-05-02-800-688.000-008

Indiana Floyd County New Albany 47150

1316 E Elm St, New Albany, IN

This home is located at 1316 E Elm St, New Albany, IN 47150 since 22 May 2017 and is currently estimated at $234,429, approximately $80 per square foot. This property was built in 1929. 1316 E Elm St is a home located in Floyd County with nearby schools including S. Ellen Jones Elementary School, Hazelwood Middle School, and New Albany Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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