NOT LISTED FOR SALE

1403 Locust St New Albany, IN 47150

Estimated Value: $118,000 - $185,000

4 Beds
1 Bath
1,481 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 08, 2023

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

Est. 104% increase in value since last sale

Current estimated payment $970/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 Agent to Sell the Property

Candice Ritchie

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

Co-Listed By

Lisa Donohue

Green Tree Real Estate Services License #RB14050179

Last Buyer's Agent

Shawn Faye

RE/MAX Ability Plus License #RB14044059

RE/MAX Ability Plus

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

  • Annual Tax: 1940
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Concrete Block
  • Legal Description: P 63 L 32
  • Lot Dimensions: 50x140
  • Parcel Number: 220504200550
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • 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
  • Sewer Type: Sewer
  • Total Sq Ft: 1481

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%
Views
131
Current Estimated Value
$153,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,045
Avg. Annual Appreciation
38.29%
Original Mortgage
$85,000
Outstanding Balance
$83,146
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$69,899

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
Source: Public Records

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

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 Chatona L $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 $1,961 $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

    79 in this area

    140 Total Sales

    Candice Ritchie
    Section Image

  • L

    Seller Co-Listing Agent in 2023

    Lisa Donohue

    Green Tree Real Estate Services

    (502) 599-4875

    80 in this area

    142 Total Sales

    Lisa Donohue
    Section Image
  • Shawn Faye

    Buyer's Agent in 2023

    Shawn Faye

    RE/MAX

    (502) 643-3298

    22 in this area

    82 Total Sales

    Shawn Faye
    Section Image
See All Agents

Map

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

Not Listed for Sale

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.

Nearby Homes