NOT LISTED FOR SALE

1403 Locust St New Albany, IN 47150

Estimated Value: $94,000 - $188,000

4 Beds
1 Bath
1,481 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $75,000 $51 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $959/month

14 Days on Market

Highlights

  • Covered patio or porch
  • Storage
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

4 bedroom 1 bath 1.5 story home with basement. Great investment opportunity! NEWER siding. PERFECT FLIP opportunity! Corner lot with off street parking. Room sizes are approx.

Last Listed By

Candice Ritchie

Green Tree Real Estate Services License #RB19000968 Listed on: 08/11/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,481 Sq Ft Home
  • 1.5-Story Property
  • Storage
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Covered patio or porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 220504200550

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 79000
  • Additional Assessor Parcel Numbers: 0086250088
  • Annual Tax: 1940
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Concrete Block
  • Land Assessment: 13900
  • Legal Description: P 63 L 32
  • Lot Dimensions: 50x140
  • Parcel Number: 220504200550
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 92900
  • Total Finished Square Footage: 1481
  • Type: 1.5 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 1481.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Interior Amenities: Added Storage, Bath Master
  • Lot Sq Ft: 6969.60
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 1481
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Covered Porch, Vinyl Siding

Utilities

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

Lot Info

  • Acres: 0.1600
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 11, 2023
Sold by
K & C One Llc
Bought by
Mccormickeleven Properties Llc
Seller's Agent
Candice Ritchie
Green Tree Real Estate Services
Buyer's Agent
Shawn Faye
RE/MAX Ability Plus
List Price
$99,000
Sold Price
$75,000
Premium/Discount to List
-$24,000
-24.24%
Total Days on Market
14
Views
131
Current Estimated Value
$141,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,050
Avg. Annual Appreciation
57.29%
Original Mortgage
$85,000
Outstanding Balance
$83,633
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$74,716

Purchase Details

Closed on
Sep 14, 2022
Sold by
Fouts Raymond L
Bought by
K & C One Llc

Purchase Details

Closed on
Aug 25, 2011
Sold by
Fannie Mae
Bought by
Fouts Raymond L

Purchase Details

Closed on
Jul 12, 2011
Sold by
Storms Scott E and Storms Chatona L
Bought by
Fannie Mae

Purchase Details

Closed on
Aug 19, 2008
Sold by
Klaus Nicole M and Klaus Nicol M
Bought by
Storms Chatona L and Storms Scott E

Purchase Details

Closed on
Jun 20, 2006
Sold by
Wells Fargo Bank Minnestoa Na
Bought by
Storms Chatona L and Storms Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2005
Sold by
Lorey Jeffrey Jay
Bought by
Wells Fargo Bank Minnesota Na and Delta Funding Home Equity Loan Trust

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
Mccormickeleven Properties Llc $75,000 None Listed On Document
K & C One Llc -- --
Fouts Raymond L -- None Available
Fannie Mae $70,618 None Available
Storms Chatona L -- None Available
Klaus Nicole M $85,000 None Available
Storms Chatona L -- None Available
Wells Fargo Bank Minnesota Na $34,875 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormickeleven Properties Llc $85,000
Open Mccormickeleven Properties Llc $675,000
Previous Owner Storms Scott $62,500
Previous Owner Storms Chatona L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $75,000 -6.2% $51 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/16/2023 08/16/23 Price Changed $79,999 -19.2% $54 / Sq Ft
08/11/2023 08/11/23 For Sale $99,000 -- $67 / 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 $2,082 $83,600 $13,900 $69,700
2023 $2,082 $92,900 $13,900 $79,000
2022 $1,943 $91,000 $13,900 $77,100
2021 $1,664 $77,300 $13,900 $63,400
2020 $1,666 $77,300 $13,900 $63,400
2019 $1,668 $77,300 $13,900 $63,400
2018 $1,803 $76,600 $13,900 $62,700
2017 $6,332 $76,400 $13,900 $62,500
2016 $1,969 $75,700 $13,900 $61,800
2014 $928 $46,400 $13,900 $32,500
2013 -- $45,300 $13,900 $31,400
Source: Public Records

Agents Affiliated with this Home

  • Candice Ritchie

    Seller's Agent in 2023

    Candice Ritchie

    Green Tree Real Estate Services

    (877) 945-2356

    77 in this area

    142 Total Sales

    Candice Ritchie
    Section Image

  • L

    Seller Co-Listing Agent in 2023

    Lisa Donohue

    Green Tree Real Estate Services

    (502) 599-4875

    83 in this area

    150 Total Sales

    Lisa Donohue
    Section Image
  • Shawn Faye

    Buyer's Agent in 2023

    Shawn Faye

    RE/MAX

    (502) 643-3298

    20 in this area

    79 Total Sales

    Shawn Faye
    Section Image
See All Agents

Map

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Source: Southern Indiana REALTORS® Association

MLS Number: 202309663

Southern Indiana REALTORS® Association

APN: 22-05-04-200-550.000-008

Indiana Floyd County New Albany 47150

1403 Locust St, New Albany, IN

Homes for Sale in New Albany, IN

This home is located at 1403 Locust St, New Albany, IN 47150 since 11 August 2023 and is currently estimated at $141,050, approximately $95 per square foot. This property was built in 1929. 1403 Locust 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.