NOT LISTED FOR SALE

1402 E Elm St New Albany, IN 47150

Estimated Value: $106,000 - $291,000

3 Beds
1 Bath
1,567 Sq Ft
$130/Sq Ft Est. Value

Last Sold April 07, 2023

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

Est. 126% increase in value since last sale

Current estimated payment $1,305/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 Agent to Sell the Property

Susan Riley

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

RE/MAX FIRST

Co-Listed By

Diana Mayfield

RE/MAX FIRST License #RB14012873

Last Buyer's Agent

Alexandria Schigur

RE/MAX Advantage License #RB20002072

RE/MAX Advantage

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%
Views
373
Current Estimated Value
$204,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,978
Avg. Annual Appreciation
41.65%

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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
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

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202305888

Southern Indiana REALTORS® Association

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