$46,900
SOLD JUL 1, 2013

1404 E Spring St New Albany, IN 47150

4 Beds
1 Bath
2,100 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$22 Per Sq Ft

23% Below List Price

63 Days on Market

About This Home

As of December 2019

Nice property appears to be in New Albany Historic District. Four bedroom and one bath with some work having already been completed at the property. However still may be subject to NA Historic District approval. No Spring Street parking but off street in rear. For the first 15 days of listing, seller will consider offers from owner occupants, government entities, and their partners. After 15 days, investor buyers will also be considered. This is a Fannie Mae HomePath property and may be eligible for HomePath Renovation Mortgage Financing and may be purchased for as little as 3% down! Ask for details. Measurements and square footage approximate.

Last Agent to Sell the Property

Don Lincoln

Schuler Bauer Real Estate Services ERA Powered (N License #RB14031854 Listed on: 01/02/2013

Schuler Bauer Real Estate Services ERA Powered  (N

Co-Listed By

Mary Lincoln

License #RB14030513

Last Buyer's Agent

Stephannie Wilson

Schuler Bauer Real Estate Services ERA Powered (N License #RB14039714

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 2,100 Sq Ft Home
  • 1.5-Story Property
  • Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220502800635000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 92900
  • Additional Parking: Off Street
  • Annual Tax: 2058
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 10000
  • Legal Description: P. 13 43 L. 65; 1404 E. Spring St.
  • Lot Dimensions: 50 x 150
  • Parcel Number: 220502800635000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 102900
  • Total Finished Square Footage: 2100
  • Type: 1.5 Story
  • Year Built: 1929
  • Special Features: 20

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2100.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Lot Measurement: Acres
  • Lot Sq Ft: 7405.00
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 2100
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Covered Porch

Garage/Parking

  • Garage Spaces: 0

Utilities

  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1700
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Dec 31, 2019
Sold by
Red Ink Jewelry Inc
Bought by
Cunningham Meagan
Seller's Agent
Michael Kopp
RE/MAX FIRST-Commercial Group
Buyer's Agent
Jennifer Nally
RE/MAX FIRST
List Price
$125,000
Sold Price
$106,000
Premium/Discount to List
-$19,000
-15.2%
Current Estimated Value
$252,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,349
Avg. Annual Appreciation
15.69%
Original Mortgage
$84,800
Outstanding Balance
$75,721
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$164,019

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jun 16, 2017
Sold by
Stewart Katie
Bought by
Red Inc
Seller's Agent
Patrick Ryan
Green Tree Real Estate Services
Buyer's Agent
Lee Ann Pedolzky
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$99,500
Sold Price
$89,000
Premium/Discount to List
-$10,500
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Listed on
Jan 2, 2013
Closed on
Jul 1, 2013
Sold by
Andrew R Drake Atty
Bought by
Stewart Katie
Seller's Agent
Don Lincoln
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Stephannie Wilson
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$60,900
Sold Price
$46,900
Premium/Discount to List
-$14,000
-22.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.56%
Original Mortgage
$71,217
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 4, 2012
Sold by
Castile Gloria J
Bought by
Bac Home Loans Servicing Lp
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 Type Sale Price Title Company
Warranty Deed -- None Available
Deed $89,000 --
Deed $89,000 Kemp Title Agency Llc
Deed $46,900 --
Limited Warranty Deed -- None Available
Sheriffs Deed $99,231 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,800 New Conventional
Closed $84,800 New Conventional
Previous Owner $71,217 FHA
Previous Owner $78,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $106,000 -7.8% $31 / Sq Ft
11/29/2019 11/29/19 Pending -- -- --
11/13/2019 11/13/19 Price Changed $115,000 -8.0% $34 / Sq Ft
10/02/2019 10/02/19 For Sale $125,000 +40.4% $37 / Sq Ft
06/16/2017 06/16/17 Sold $89,000 -10.6% $26 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $99,500 +112.2% $29 / Sq Ft
07/01/2013 07/01/13 Sold $46,900 -23.0% $22 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $60,900 -- $29 / 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 $1,418 $163,100 $13,700 $149,400
2023 $1,418 $135,000 $13,700 $121,300
2022 $1,474 $139,500 $13,700 $125,800
2021 $1,240 $120,000 $13,700 $106,300
2020 $1,197 $120,000 $13,700 $106,300
2019 $1,117 $112,900 $13,700 $99,200
2018 $2,275 $104,800 $13,700 $91,100
2017 $921 $104,900 $13,700 $91,200
2016 $1,112 $103,900 $13,700 $90,200
2014 $972 $106,600 $13,700 $92,900
2013 -- $109,800 $13,700 $96,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201300054

Southern Indiana REALTORS® Association

APN: 22-05-02-800-635.000-008