NOT LISTED FOR SALE

1402 E Elm St New Albany, IN 47150

Estimated Value: $106,000 - $305,000

3 Beds
1 Bath
1,567 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $90,500 $58 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,385/month

21 Days on Market

About This Home

As of April 2023

Multi Offers - Highest and Best has been Called and due by Wednesday at noon. No Escalation clauses. Must have proof of funds/ pre approval letters attached to the Highest and best offer. Located in the heart of New Albany. Less than 10 minutes to downtown Louisville Ky. This property features a 3 bedroom, 1 full bath home with a bonus room in the attic. Large eat-in Kitchen with a sunporch. Fenced yard and a detached garage. “This property may also be marketed via an auction event at https://www.hubzu.com . The Seller will review offers submitted through the auction site as well as through the listing agent.”

Last Listed By

Susan Riley

RE/MAX FIRST License #RB14030084 Listed on: 02/14/2023

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 8,494 Sq Ft Lot
  • Lot Dimensions are 50 x 170

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,567 Sq Ft Home
  • 1.5-Story Property
  • Basement Cellar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Electric Water Heater

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220502800684000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Improvements: 112700
  • Annual Tax: 2315
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 17600
  • Legal Description: P 13 L 73
  • Lot Dimensions: 50 x 170
  • Out Buildings: Garage
  • Parcel Number: 220502800684000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 130300
  • Total Finished Square Footage: 1567
  • Type: 1.5 Story
  • Year Built: 1929
  • Special Features: 20

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1567.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Lot Sq Ft: 8494.20
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 1567
  • Total Rooms: 7

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Unknown
  • Heat Type: Unknown
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1950
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Apr 6, 2023
Sold by
Bankunited Na
Bought by
Dones Brandon K
Seller's Agent
Susan Riley
RE/MAX FIRST
Buyer's Agent
Alexandria Schigur
RE/MAX Advantage
List Price
$59,900
Sold Price
$90,500
Premium/Discount to List
$30,600
51.09%
Total Days on Market
21
Views
373
Current Estimated Value
$209,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,750
Avg. Annual Appreciation
47.61%

Purchase Details

Closed on
Aug 31, 2021
Sold by
Hud
Bought by
Carrington Mtg Services Llc

Purchase Details

Closed on
Feb 2, 2021
Sold by
Bankunited Na
Bought by
Hud

Purchase Details

Closed on
Jun 22, 2020
Sold by
Floyd County Sheriff
Bought by
Bankunited Na

Purchase Details

Closed on
Nov 20, 2009
Sold by
Bean Lloyd and Bean Debbie
Bought by
Taylor James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,271
Interest Rate
4.95%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2006
Sold by
Walker Richard A and Walker Stacey M
Bought by
Bean Lioyd and Bean Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
6.2%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in New Albany, IN

  • 336 E 16th St, New Albany, IN 47150

    $219,900

    • 3 Beds
    • 2 Baths
    • 1,483 Sq Ft
    • 336 E 16th St
    • New Albany, IN

    Beautifully remodeled 3 Bedroom, 2 bath home located in heart of New Albany and close to all downtown New Albany has to offer in shops and dining. This home features new decking on the covered front porch, new LVP floors throughout, new paint, new light fixtures, new stainless steel appliances, new cabinets, new countertops, and complete bathroom remodels with new toilets, bathtubs, vanities,

    Debbie Brown Ward Realty Services

    Section Image
  • 330 E 16th St, New Albany, IN 47150

    $184,900

    • 2 Beds
    • 1 Bath
    • 1,008 Sq Ft
    • 330 E 16th St
    • New Albany, IN

    BRAND NEW CONSTRUCTION FOR UNDER $190,000! Be the first to call this beautifully built 2 bedroom, 1 bath home your own! Thoughtfully designed for modern living, this home features Luxury Vinyl Plank floors throughout, combining durability and contemporary style. The open concept living area flows into the sleek kitchen equipped with stainless steel appliances including a range/oven, microwave,

    Debbie Brown Ward Realty Services

    Section Image
  • 416 W 7th St, New Albany, IN 47150

    $184,900

    • 2 Beds
    • 1 Bath
    • 962 Sq Ft
    • 416 W 7th St
    • New Albany, IN

    Charming Brand New Construction in the heart of New Albany. Spacious 2 Bedrooms and 1 Bath for under $195,000! State Statutory New Construction Warranty, new stainless steel appliances (Refrigerator not included), Luxury Vinyl Plank (LVP) floors throughout, Separate Laundry and utility room, and a back deck for your enjoyment overlooking the backyard. This home is approximately 90 days from

    Debbie Brown Ward Realty Services

    Section Image
  • 727 W 8th St, New Albany, IN 47150

    $219,900

    • 3 Beds
    • 2 Baths
    • 1,158 Sq Ft
    • 727 W 8th St
    • New Albany, IN

    Beautifully designed New Construction in New Albany! This 3 Bedroom, 2 bath home offers durable LVP flooring throughout, an open and airy living space, and a stylish kitchen with modern cabinets, hardware, and lighting, along with Stainless Steel Appliances (not including the refrigerator). You will also find a separate utility room for your washer and dryer and a private bath in the primary

    Debbie Brown Ward Realty Services

    Section Image
  • 2560 Hickoryvale Dr, New Albany, IN 47150

    $224,900

    • 3 Beds
    • 2 Baths
    • 1,050 Sq Ft
    • 2560 Hickoryvale Dr
    • New Albany, IN

    Welcome to 2560 Hickoryvale Dr, a beautifully appointed residence situated in the heart of New Albany. This 3-bedroom, 2-bathroom home boasts a spacious living room open to the dining room. The living room features a gas fireplace ideal for evening relaxation while enjoying the large TV mount on the wall, which will remain with the property. The main bedroom has its own private bathroom. The

    Mike Ashby

    Section Image
  • 337 E 15th St, New Albany, IN 47150

    $180,000

    • 2 Beds
    • 2 Baths
    • 1,502 Sq Ft
    • 337 E 15th St
    • New Albany, IN

    Check out this great rental opportunity! This charming New Albany duplex offers a fantastic opportunity to live in one unit while renting the other or to add a solid, cash-flowing property to your rental portfolio. Both units are currently occupied— add your personal touch to maximize potential.Each unit features a spacious 1-bedroom layout with a large living room, a kitchen, and a full bath.

    Stephannie Wilson Schuler Bauer Real Estate Services ERA Powered (N

    Section Image
  • 1601 Culbertson Ave, New Albany, IN 47150

    $199,900

    • 4 Beds
    • 2.5 Baths
    • 1,440 Sq Ft
    • 1601 Culbertson Ave
    • New Albany, IN

    Welcome to 1601 Culbertson Avenue, where modern updates meet timeless charm. This 4-bed, 2.5-bath home in the heart of New Albany has been thoughtfully refreshed and is move-in ready. Freshly painted walls, doors, and cabinets (2025) create a bright, inviting feel. The updated kitchen boasts modern hardware (2025) and newer appliances (2021)—refrigerator, microwave, and range/oven. Major system

    Petar Mandic Semonin REALTORS

    Section Image
  • 1119 Ekin Ave, New Albany, IN 47150

    $224,900

    • 3 Beds
    • 2 Baths
    • 1,730 Sq Ft
    • 1119 Ekin Ave
    • New Albany, IN

    You will LOVE this gorgeous 2 story home with tons of updates! Check out the covered front porch, tall ceilings and first floor laundry in this 3 bedroom, 2 full bath, renovated home conveniently located just minutes from downtown New Albany. Three ornamental fireplaces add so much character and the detached garage is awesome for storage with on street parking. Come see your new home today!!

    Jeremy Ward Ward Realty Services

    Section Image
  • 1808 E Spring St, New Albany, IN 47150

    $162,000

    • 2 Beds
    • 1 Bath
    • 841 Sq Ft
    • 1808 E Spring St
    • New Albany, IN

    Welcome home to this charming 2-bedroom, 1-bathroom property boasting 841 sq ft of comfortable living space. Situated in ahighly desirable location, convenience is at your doorstep with easy access to shopping, dining, and public transportation via anearby bus stop. Enjoy peace of mind with a brand new roof, furnace, siding and hot water heater, ensuring worry-free livingfor years to come. Relax

    Tiffany Fields Green Tree Real Estate Services

    Section Image

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
Dones Brandon K $90,500 --
Carrington Mtg Services Llc -- None Available
Hud -- None Available
Bankunited Na $109,760 None Available
Taylor James L -- Agency Title
Bean Lioyd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dones Brandon $226,500
Previous Owner Taylor James L $88,271
Previous Owner Bean Lioyd $73,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $90,500 +51.1% $58 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $59,900 -- $38 / 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 $2,696 $151,600 $17,600 $134,000
2023 $2,696 $126,300 $17,600 $108,700
2022 $2,783 $130,300 $17,600 $112,700
2021 $2,432 $113,000 $17,600 $95,400
2020 $2,451 $113,700 $17,600 $96,100
2019 $2,315 $107,300 $17,600 $89,700
2018 $2,166 $99,800 $17,600 $82,200
2017 $2,200 $99,600 $17,600 $82,000
2016 $1,976 $98,800 $17,600 $81,200
2014 $1,777 $85,700 $17,600 $68,100
2013 -- $88,200 $17,600 $70,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202305888

Southern Indiana REALTORS® Association

APN: 22-05-02-800-684.000-008