$75,000
SOLD SEP 29, 2015

1318 E Spring St New Albany, IN 47150

3 Beds
1 Bath
1,219 Sq Ft
10,402 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

16% Below List Price

165 Days on Market

Highlights

  • Den
  • Enclosed patio or porch
  • 1-Story Property
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of July 2025

Great PACKAGE DEAL in Downtown New Albany for an investor!! In the package, there are 2 homes and one vacant lot. One home has a brand new roof and needs a little facelift then it's ready for a renter. It is a 2 Bedroom/1 Bathroom with plenty of space. The second home offers the perfect opportunity for a gut rehab job to make the home the way you want it. The 3 Bedroom/1 Bathroom home will look amazing inside once renovated by its new owner. Don't miss out this opportunity! SF and room size are approx.

Last Agent to Sell the Property

Kurt Schuler

Schuler Bauer Real Estate Services ERA Powered (N License #RB14050189 Listed on: 04/17/2015

Schuler Bauer Real Estate Services ERA Powered  (N

Co-Listed By

Scott Pearce

Lopp Real Estate Brokers License #RB14045147

Last Buyer's Agent

Scott Pearce

Lopp Real Estate Brokers License #RB14045147

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 10,402 Sq Ft Lot
  • Lot Dimensions are 30 x 120

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,219 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Den
  • Basement
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220502800642000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Improvements: 119000
  • Additional Assessor Parcel Numbers: 22-05-02-800-641-000-008
  • Annual Tax: 3091
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 31700
  • Legal Description: P 13 E 1/2 L 59 UP Spring; 1316 E Spring P 13 W 30'L 61 UP Spring P 13 20'L 61 W 10' L 63 1320 E Spr
  • Lot Dimensions: 30 x 120
  • Numof Fireplaces: 1
  • Out Buildings: Garage
  • Parcel Number: 220502800642000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 150700
  • Total Finished Square Footage: 1219
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1219.00
  • Appliances: Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace: Woodburning
  • Interior Amenities: Den/Office, Eat-In Kitchen
  • Lot Measurement: Acres
  • Lot Sq Ft: 10402.00
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1219
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Enclosed Patio

Garage/Parking

  • Garage Type: Detached, Off Street
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.2400
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
May 17, 2019
Sold by
Schaefer Real Estate Llc
Bought by
Decker Elle
Seller's Agent
Matt Schaefer
Schaefer Real Estate
Buyer's Agent
Nicole Ruddell
Hometown Realty
List Price
$109,000
Sold Price
$99,900
Premium/Discount to List
-$9,100
-8.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%
Original Mortgage
$94,905
Outstanding Balance
$84,133
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$147,341

Purchase Details

Closed on
Oct 26, 2018
Sold by
Hawkins Michael and Hawkins Kerri
Bought by
Schaefer Real Estate Llc

Purchase Details

Closed on
Aug 10, 2018
Sold by
Mckercher Mary and Arnold John
Bought by
Hawkins Michael and Hawkins Kerri

Purchase Details

Listed on
Apr 17, 2015
Closed on
Sep 28, 2015
Sold by
Arnold John and Arnold Betty
Bought by
Mckercher Mary
Seller's Agent
Kurt Schuler
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Scott Pearce
Lopp Real Estate Brokers
List Price
$89,500
Sold Price
$75,000
Premium/Discount to List
-$14,500
-16.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%

Purchase Details

Closed on
Apr 29, 2011
Sold by
Arnold John
Bought by
Arnold John and Arnold Betty
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 -- None Available
Warranty Deed $70,000 None Available
Warranty Deed $187,500 None Available
Quit Claim Deed -- --
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $94,905 New Conventional
Closed $94,905 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $232,000 -1.2% $163 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $234,900 -4.1% $166 / Sq Ft
05/28/2025 05/28/25 Price Changed $244,900 -4.0% $173 / Sq Ft
05/15/2025 05/15/25 For Sale $255,000 0.0% $180 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $255,000 +155.3% $180 / Sq Ft
05/17/2019 05/17/19 Sold $99,900 -8.3% $82 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
03/18/2019 03/18/19 Price Changed $109,000 -0.8% $89 / Sq Ft
03/11/2019 03/11/19 Price Changed $109,900 +0.8% $90 / Sq Ft
02/11/2019 02/11/19 Price Changed $109,000 -0.8% $89 / Sq Ft
01/10/2019 01/10/19 Price Changed $109,900 +0.8% $90 / Sq Ft
01/09/2019 01/09/19 For Sale $109,000 0.0% $89 / Sq Ft
11/22/2018 11/22/18 Pending -- -- --
11/16/2018 11/16/18 Price Changed $109,000 -0.8% $89 / Sq Ft
11/12/2018 11/12/18 For Sale $109,900 +46.5% $90 / Sq Ft
09/29/2015 09/29/15 Sold $75,000 -16.2% $62 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $89,500 -- $73 / 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 $1,012 $133,000 $11,200 $121,800
2023 $1,012 $110,100 $11,200 $98,900
2022 $1,135 $113,700 $11,200 $102,500
2021 $854 $98,100 $11,200 $86,900
2020 $825 $98,100 $11,200 $86,900
2019 $778 $92,300 $11,200 $81,100
2018 $1,860 $85,700 $11,200 $74,500
2017 $3,018 $85,400 $11,200 $74,200
2016 $1,692 $84,600 $11,200 $73,400
2014 $1,594 $79,700 $11,200 $68,500
2013 -- $82,100 $11,200 $70,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201502602

Southern Indiana REALTORS® Association

APN: 22-05-02-800-642.000-008