NOT LISTED FOR SALE

1438 1440 Charlestown Rd New Albany, IN 47150

Estimated Value: $228,000

3 Beds
2 Baths
2,800 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 21, 2017

Last sale price $97,500 $35 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,332/month

125 Days on Market

About This Home

As of February 2017

REMARKABLE INVESTMENT OPPORTUNITY!!! Add this UNIQUE Property to your Investment Portfolio OR break into the World of Real Estate Investing and make this your first acquisition!!! Offered is a unique TRI-PLEX with ATTACHED GARAGE. Ground Level is an extremely VERSATILE SPACE with Loading Dock, Kitchen, Half Bath, Dedicated Office, Storage, and Large Storefront that could be used for Salon, Retail, Offices, etc.! TWO APARTMENTS on the 2nd Level. Apartment #1 is an ONE BEDROOM - ONE BATH unit currently renting for $450 per month, but current rental market conditions could support an increase. Apartment #2 is currently renting for approximately $550 per month. It's a TWO BEDROOM - ONE BATH unit featuring new paint, refinished hardwood floors, and Stylish Black Appliances. BOTH apartments have an abundance of Kitchen Cabinetry (see photos). There is ample parking with this building and all three units feature SEPARATE WATER METERS and LARGE PICTURE WINDOWS!!!

Last Listed By

Jay Wyzard

Semonin REALTORS License #RB14028184 Listed on: 09/23/2016

Semonin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $557

Year Built

  • Built in 1930

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 162x76

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Blinds

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220504200785001008

Home Details

Home Type

Single Family

Est. Annual Taxes

$557

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Improvements: 74200
  • Annual Tax: 557
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 12000
  • Legal Description: 42 ILL. GNT.; P 63: .282 Ac.
  • Lot Dimensions: 162x76
  • Parcel Number: 220504200785001008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 86200
  • Total Finished Square Footage: 2800
  • Type: 2 Story
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 2800.00
  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: Blinds
  • Lot Measurement: Acres
  • Lot Sq Ft: 12284.00
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 2800
  • Total Rooms: 6

Garage/Parking

  • Garage Type: Attached, Attached Utility, Rear Entry, Side Entry
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.2800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Feb 17, 2017
Sold by
Hess Aaron and Hess Denise
Bought by
Zinner Wayne S
Seller's Agent
Jay Wyzard
Semonin REALTORS
Buyer's Agent
Tonja Aaron-Wells
Keller Williams Louisville
List Price
$125,000
Sold Price
$97,500
Premium/Discount to List
-$27,500
-22%
Total Days on Market
125
Current Estimated Value
$228,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,500

Range of Values:

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Average Value
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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
Zinner Wayne S -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2017 02/21/17 Sold $97,500 -22.0% $35 / Sq Ft
01/26/2017 01/26/17 Pending -- -- --
09/23/2016 09/23/16 For Sale $125,000 -- $45 / 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 $668 $87,600 $74,200 $13,400
2023 $668 $87,800 $74,200 $13,600
2022 $686 $88,400 $74,200 $14,200
2021 $660 $87,400 $74,200 $13,200
2020 $644 $87,400 $74,200 $13,200
2019 $613 $87,000 $74,200 $12,800
2018 $2,387 $86,900 $74,200 $12,700
2017 $4,876 $86,600 $74,200 $12,400
2016 -- $86,500 $74,200 $12,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201606351

Southern Indiana REALTORS® Association

APN: 22-05-04-200-785.001-008