NOT LISTED FOR SALE

1501 E Elm St New Albany, IN 47150

Estimated Value: $142,000 - $153,514

2 Beds
1 Bath
988 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $140,700 $142 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $851/month

1 Day on Market

Highlights

  • First Floor Utility Room
  • Fenced Yard
  • Shed
  • Formal Dining Room
  • Patio
  • 1-Story Property

About This Home

As of July 2024

Great Downtown New Albany Location! This spacious single-family home at 1501 E Elm Street offers 2 bedrooms, 1 full bath, and a laundry room. The beautiful gas fireplace in the family room adds warmth and charm to the living space. The low-maintenance fenced-in backyard provides privacy and a great outdoor area for relaxation or entertaining. Plus, the new water heater ensures convenience and efficiency. With easy access to main roads, this charming property is exactly what you are looking for at an extremely affordable price. If you’re in the market for a cozy home in a convenient location, this is it!

Last Agent to Sell the Property

Jordan Rajchel

Schuler Bauer Real Estate Services ERA Powered (N License #RB18001832 Listed on: 07/01/2024

Schuler Bauer Real Estate Services ERA Powered (N

Last Buyer's Agent

Lindsay Vallandingham

Keller Williams Realty-East License #RB22000223

Keller Williams Realty-East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $580

Year Built

  • Built in 1929

Lot Details

  • 2,178 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Frame Construction

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Formal Dining Room
  • First Floor Utility Room
  • Utility Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0086860008

Home Details

Home Type

Single Family

Est. Annual Taxes

$580

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Annual Tax: 580
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Crawl Space
  • Legal Description: P 13 W 30' L.84 30X74.3'
  • Numof Fireplaces: 1
  • Out Buildings: Shed
  • Parcel Number: 0086860008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 988
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 988.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Blinds, Cable Wired, Ceiling Fan(s), Formal Dining Rm, Pantry, Utility/Mud Room
  • Lot Sq Ft: 2178.00
  • Sewer Type: Sewer
  • Total Sq Ft: 988

Exterior Features

  • Exterior Features: Fenced Yard, Landscaped, Patio

Utilities

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

Lot Info

  • Acres: 0.0500
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 1, 2024
Sold by
Just Andrea R
Bought by
Webb Mary Katelyn
Seller's Agent
Jordan Rajchel
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Lindsay Vallandingham
Keller Williams Realty-East
List Price
$140,000
Sold Price
$140,700
Premium/Discount to List
$700
0.5%
Views
4
Current Estimated Value
$147,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,929
Avg. Annual Appreciation
3.92%
Original Mortgage
$138,151
Outstanding Balance
$136,551
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$11,078

Purchase Details

Listed on
Jun 25, 2022
Closed on
Sep 13, 2022
Sold by
2Nd Wind Llc
Bought by
Just Andrea R
Seller's Agent
Chris Thompson
Keller Williams Realty Consultants
Buyer's Agent
Jordan Rajchel
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$139,500
Sold Price
$128,000
Premium/Discount to List
-$11,500
-8.24%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$124,160
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2022
Sold by
Woods Dewey Kevin
Bought by
2Nd Wind Llc

Purchase Details

Closed on
Jul 17, 2012
Sold by
Bryant Denise J and Woods Denise J
Bought by
Woods Dewey Kevin

Purchase Details

Closed on
Jul 31, 2006
Sold by
Lyle Thomas M and Lyle Geraldine R
Bought by
Woods Dewey Kevin and Woods Denise J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,550
Interest Rate
6.85%
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
Webb Mary Katelyn $140,700 None Listed On Document
Just Andrea R -- --
2Nd Wind Llc -- Harpole John W
Woods Dewey Kevin -- None Available
Woods Dewey Kevin -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Mary Katelyn $138,151
Previous Owner Just Andrea R $124,160
Previous Owner Woods Dewey Kevin $25,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2024 07/29/24 Sold $140,700 +0.5% $142 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $140,000 +9.4% $142 / Sq Ft
09/16/2022 09/16/22 Sold $128,000 -8.2% $130 / Sq Ft View Prior Sale
07/14/2022 07/14/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $139,500 0.0% $141 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $139,500 -3.8% $141 / Sq Ft
06/25/2022 06/25/22 For Sale $144,999 -- $147 / 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 $876 $100,900 $8,700 $92,200
2023 $580 $83,600 $8,700 $74,900
2022 $621 $84,700 $8,700 $76,000
2021 $435 $73,200 $8,700 $64,500
2020 $420 $73,200 $8,700 $64,500
2019 $378 $68,900 $8,700 $60,200
2018 $343 $64,000 $8,700 $55,300
2017 $347 $63,700 $8,700 $55,000
2016 $319 $63,100 $8,700 $54,400
2014 $269 $50,900 $8,700 $42,200
2013 -- $52,400 $8,700 $43,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jordan Rajchel

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 751-3561

    9 in this area

    88 Total Sales

    Jordan Rajchel
    Section Image
  • Lindsay Vallandingham

    Buyer's Agent in 2024

    Lindsay Vallandingham

    Keller Williams Realty-East

    (502) 377-7778

    8 in this area

    226 Total Sales

    Lindsay Vallandingham
    Section Image
  • Chris Thompson

    Seller's Agent in 2022

    Chris Thompson

    Keller Williams Realty Consultants

    (502) 715-1734

    23 in this area

    70 Total Sales

    Chris Thompson
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202409039

Southern Indiana REALTORS® Association

APN: 22-05-02-800-618.000-008

Indiana Floyd County New Albany 47150

1501 E Elm 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.

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