$128,000
SOLD SEP 16, 2022

1501 E Elm St New Albany, IN 47150

2 Beds
1 Bath
988 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

8% Below List Price

Highlights

  • Patio
  • Central Air
  • Gas Fireplace
  • 1-Story Property
  • Family Room

About This Home

As of July 2024

Great downtown New Albany Location with easy access to the main roads to take you where you need to go. Can be lived in while you finish up the final updates. Many updates have been started and just need to be completed. Spacious 2 Beds, 1 Full Bath and a Laundry room. The roof is brand new, along with newer windows (warranty)and most floors were recently installed.

Last Agent to Sell the Property

Chris Thompson

Keller Williams Realty Consultants License #RB14043300 Listed on: 06/25/2022

Keller Williams Realty Consultants

Last Buyer's Agent

Jordan Rajchel

Schuler Bauer Real Estate Services ERA Powered (N License #RB18001832

Schuler Bauer Real Estate Services ERA Powered (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $420

Year Built

  • Built in 1929

Home Design

  • Frame Construction

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Gas Available
  • Electric Water Heater

Additional Features

  • Patio
  • 2,178 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 220502800618000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$420

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 64500
  • Additional Assessor Parcel Numbers: 008-68600-08
  • Annual Tax: 420
  • Appointment: Not Needed
  • Construction: Frame On-Site
  • Foundation: Unknown
  • Land Assessment: 8700
  • Legal Description: P 13 W 30' L.84 30X74.3'
  • Numof Fireplaces: 1
  • Parcel Number: 220502800618000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 73200
  • Total Deduction Amnt: 57168
  • 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
  • Appliances: Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Gas Burning
  • Interior Amenities: Family Room, Pantry
  • Lot Sq Ft: 2178.00
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 988
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Patio

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Gas
  • Heat Type: Unknown
  • 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
$142,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,076
Avg. Annual Appreciation
1.28%
Original Mortgage
$138,151
Outstanding Balance
$136,551
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$6,225

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 Type Sale Price Title Company
Warranty Deed $140,700 None Listed On Document
Warranty Deed -- --
Warranty Deed -- Harpole John W
Quit Claim Deed -- None Available
Warranty Deed -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,151 FHA
Previous Owner $124,160 New Conventional
Previous Owner $66,137 FHA
Previous Owner $25,550 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 $580 $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

    7 in this area

    84 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

    223 Total Sales

    Lindsay Vallandingham
    Section Image
  • Chris Thompson

    Seller's Agent in 2022

    Chris Thompson

    Keller Williams Realty Consultants

    (502) 715-1734

    24 in this area

    71 Total Sales

    Chris Thompson
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202209973

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

This home is located at 1501 E Elm St, New Albany, IN 47150 and is currently priced at $128,000, approximately $129 per square foot. This property was built in 1929. 1501 E Elm St is a home located in Floyd County with nearby schools including S. Ellen Jones 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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