NOT LISTED FOR SALE

1324 Roosevelt Ave New Albany, IN 47150

Estimated Value: $232,000 - $280,917

5 Beds
1.5 Baths
2,479 Sq Ft
$106/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $232,500 $94 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,579/month

3 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Kitchen Island
  • Utility Room
  • Covered patio or porch
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

Here it is! The most adorable, completely updated bungalow home in New Albany on the market! Welcome to 1324 Roosevelt Ave! This 5 bedroom, 2.5 bathroom home offers approx. 2,500 finished square foot! No stone has went over turned on this home! You will love the new flooring, fixtures, appliances, and bathrooms! This home comes equipped with certain smart home features that turn this 1940's home, into a home worthy of the new millennium, while keeping all of the charm we all love from the past! Structurally solid, with a dimensional shingle roof, this home is a testament to the care and consideration the sellers had in their time here! Do you like to play basketball? You will have your own half court in the back yard! Love to entertain? Have your friends over to hang out around the fire pit! Do you like coffee? Enjoy your morning cup on the enclosed patio in the back! There are too many wonderful features to name, you will have to see it for yourself! Schedule your showing today!

Last Agent to Sell the Property

Matthew Henegar

RE/MAX FIRST License #RB17002087 Listed on: 07/23/2021

RE/MAX FIRST

Last Buyer's Agent

Alison Koopman

Lopp Real Estate Brokers License #RB15000649

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1948

Lot Details

  • 0.33

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,479 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Utilities

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

Additional Features

  • Covered patio or porch
  • 0.33 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 220504200026000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,355

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Improvements: 87700
  • Additional Parking: Off Street
  • Additional Assessor Parcel Numbers: 008-61100-62
  • Annual Tax: 1355
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 29800
  • Legal Description: 42 ILL. GNT. L. 12 1324 ROOSEVELT AVE.DUPLEX
  • Parcel Number: 220504200026000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 117500
  • Total Deduction Amnt: 50024
  • Total Finished Square Footage: 2479
  • Type: 2 Story
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 2479.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Interior Amenities: 1st Floor Master, Kitchen Island, Utility/Mud Room
  • Lot Sq Ft: 14374.80
  • Room Count: 12
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 2479
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Covered Porch, Paved Driveway

Utilities

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

Lot Info

  • Acres: 0.3300
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 3, 2021
Sold by
Wolf Elick and Wolf Mecala
Bought by
Pile Korbyn and Pile Joshua
Seller's Agent
Matthew Henegar
RE/MAX FIRST
Buyer's Agent
Alison Koopman
Lopp Real Estate Brokers
List Price
$220,000
Sold Price
$232,500
Premium/Discount to List
$12,500
5.68%
Total Days on Market
3
Current Estimated Value
$263,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,729
Avg. Annual Appreciation
2.52%
Original Mortgage
$223,850
Outstanding Balance
$205,619
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$49,539

Purchase Details

Listed on
Mar 22, 2020
Closed on
Jun 11, 2020
Sold by
Williams Neal J
Bought by
Lester Mecala and Wolfe Elick
Seller's Agent
Rod Smith
Buyer's Agent
Lisa Donohue
Green Tree Real Estate Services
List Price
$154,900
Sold Price
$142,000
Premium/Discount to List
-$12,900
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.31%
Original Mortgage
$139,428
Interest Rate
3.2%
Mortgage Type
FHA
Source: Public Records

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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
Pile Korbyn -- None Available
Lester Mecala -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pile Korbyn $223,850
Previous Owner Lester Mecala $139,428
Previous Owner Williams Neal J $105,000
Previous Owner Williams Neal J $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $232,500 +5.7% $94 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $220,000 +54.9% $89 / Sq Ft
06/11/2020 06/11/20 Sold $142,000 -3.7% $57 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/22/2020 04/22/20 Price Changed $147,500 -4.8% $59 / Sq Ft
03/22/2020 03/22/20 For Sale $154,900 -- $62 / 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 $2,180 $129,100 $29,800 $99,300
2023 $2,180 $127,300 $29,800 $97,500
2022 $1,575 $128,400 $29,800 $98,600
2021 $1,462 $117,500 $29,800 $87,700
2020 $1,355 $111,100 $29,800 $81,300
2019 $1,260 $105,400 $29,800 $75,600
2018 $1,167 $98,700 $29,800 $68,900
2017 $1,053 $89,300 $29,800 $59,500
2016 $954 $88,600 $29,800 $58,800
2014 $633 $86,700 $29,900 $56,800
2013 -- $84,700 $29,800 $54,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202109464

Southern Indiana REALTORS® Association

APN: 22-05-04-200-026.000-008