NOT LISTED FOR SALE

1408 Silver St New Albany, IN 47150

Estimated Value: $211,000 - $265,716

4 Beds
4 Baths
2,280 Sq Ft
$109/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $120,000 $53 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,569/month

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Heating System Uses Steam
  • Slate Run Elementary School Rated A-
  • Hot Water Heating System
  • Walk-Up Access

About This Home

As of November 2019

4 PLEX in NEW ALBANY. All units Currently occupied and produces $1750 monthly rent. Owner pays Gas, Water and Sewer. Tenants pay electric. The MAIN First Floor unit is 2 Bedroom with Loads of Charm...Hardwood floors, Fireplace (coal burning/decorative) Covered front porch. Perfect for Owner Occupied! The other 3 units are one bedroom/one bath. 2nd floor unit is an efficiency and is accessed directly by an exterior side door. Lower Level unit has covered patio . There are Two laundry hookups and alternate access to lower level which gives potential for Coin Laundry. Generous parking in back. Seller asks for 24 hour notice on all showings

Last Agent to Sell the Property

Nancy Stein

Semonin REALTORS License #RB14030661 Listed on: 09/09/2019

Semonin REALTORS

Last Buyer's Agent

Evan Hunt

Knobstone Properties LLC License #RB14043215

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,562

Year Built

  • Built in 1928

Lot Details

  • 5,397 Sq Ft Lot
  • Lot Dimensions are 45x120

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete

Interior Spaces

  • 2,280 Sq Ft Home
  • 1.5-Story Property
  • Decorative Fireplace
  • Blinds

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 220502901144000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,562

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Improvements: 94700
  • Additional Parking: Off Street
  • Annual Tax: 2562
  • Appointment: 24 Hour Notice
  • Construction: Existing
  • Foundation: Poured Concrete
  • Land Assessment: 13200
  • Legal Description: P 537; L 4
  • Lot Dimensions: 45x120
  • Numof Fireplaces: 1
  • Parcel Number: 220502901144000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 107900
  • Total Finished Square Footage: 2280
  • Type: 1.5 Story
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Daylight, Full, Outside Entrance, Partially Finished, Walkout, Walkup
  • Above Grade Finished Sq Ft: 1680.00
  • Appliances: Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Fireplace: Decorative
  • Interior Amenities: Blinds, Cable Wired, Eat-In Kitchen
  • Lot Sq Ft: 5397.08
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 2280
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Covered Porch

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Nat Gas
  • Heat Type: Hot Water, Steam
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1239
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2024
Sold by
Orem Daryl E
Bought by
Orem Properties Llc
Current Estimated Value
$248,429

Purchase Details

Listed on
Sep 9, 2019
Closed on
Nov 15, 2019
Sold by
Paris K Adams
Bought by
Orem Daryl E
Seller's Agent
Nancy Stein
Semonin REALTORS
Buyer's Agent
Evan Hunt
Knobstone Properties LLC
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%
Original Mortgage
$90,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2013
Sold by
Hanke Todd
Bought by
Paris K Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,491
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2005
Sold by
Hanke Todd
Bought by
Hanke Todd and Hanke Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,700
Interest Rate
5.8%
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
Orem Properties Llc -- None Listed On Document
Orem Daryl E -- Legacy Title
Paris K Adam $72,000 --
Hanke Todd -- Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orem Daryl E $90,000
Previous Owner Paris K Adam $58,491
Previous Owner Hanke Todd $77,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $120,000 0.0% $53 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $120,000 -- $53 / 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 $3,078 $161,200 $13,200 $148,000
2023 $3,078 $144,200 $13,200 $131,000
2022 $2,870 $134,600 $13,200 $121,400
2021 $2,653 $123,500 $13,200 $110,300
2020 $2,541 $118,100 $13,200 $104,900
2019 $2,328 $107,900 $13,200 $94,700
2018 $2,340 $106,900 $13,200 $93,700
2017 $3,612 $96,400 $13,200 $83,200
2016 $2,522 $95,500 $13,200 $82,300
2014 $1,494 $74,700 $13,200 $61,500
2013 -- $79,000 $13,200 $65,800
Source: Public Records

Agents Affiliated with this Home

  • Nancy Stein

    Seller's Agent in 2019

    Nancy Stein

    Semonin Realty

    (502) 296-4306

    75 in this area

    149 Total Sales

    Nancy Stein
    Section Image

  • E

    Buyer's Agent in 2019

    Evan Hunt

    Knobstone Properties LLC

    (812) 620-1496

    19 in this area

    67 Total Sales

    Evan Hunt
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2019010512

Southern Indiana REALTORS® Association

APN: 22-05-02-901-144.000-008

Indiana Floyd County New Albany 47150

1408 Silver St, New Albany, IN

This home is located at 1408 Silver St, New Albany, IN 47150 since 09 September 2019 and is currently estimated at $248,429, approximately $108 per square foot. This property was built in 1928. 1408 Silver St is a home located in Floyd County with nearby schools including Slate Run 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.

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