NOT LISTED FOR SALE

1502 Charlestown Rd New Albany, IN 47150

Estimated Value: $127,000 - $148,000

3 Beds
1 Bath
1,162 Sq Ft
$119/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $120,000 $103 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $873/month

Highlights

  • Deck
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • First Floor Utility Room
  • Porch
  • 1-Story Property

About This Home

As of July 2022

"WELCOME to 1502 Charlestown Rd. ATTENTION Investors!! Great location on this 3 Bedroom, 1 Bathroom house centrally located in New Albany, just minutes from downtown AND 265. Great opportunity to reach the 1% goal for a single family rental with today's home prices. This home has several great features and has been recently renovated. The interior includes two bedrooms on the front of the home, one on the back side, a kitchen with a small table space for dining, a laundry closet on the main level AND some additional storage space in the lower level. Renovations include: Brand new Flooring, new cabinets, new countertops, interior paint, ceiling fans, complete bathroom remodel, newer windows and more! The exterior offers a small deck on the rear of the home and a 2-car garage great for additional parking, storage or a great workspace. Call us with questions or schedule your showing today!" Sq ft & rm sz approx.

Last Agent to Sell the Property

Geoffrey Novak

License #RB19002147 Listed on: 07/14/2022

Last Buyer's Agent

Geoffrey Novak

License #RB19002147 Listed on: 07/14/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1929

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Interior Spaces

  • 1,162 Sq Ft Home
  • 1-Story Property
  • Family Room
  • First Floor Utility Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Sump Pump
  • Basement Cellar

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220504200738000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,363

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Improvements: 65100
  • Additional Assessor Parcel Numbers: 008-62600-04
  • Annual Tax: 1363
  • Appointment: Mandatory
  • Construction: Existing
  • Land Assessment: 9800
  • Legal Description: 42 ILL. GNT. P 63 L 68 PER DEED
  • Lot Dimensions: see lot size
  • Out Buildings: Garage
  • Parcel Number: 220504200738000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 74900
  • Total Finished Square Footage: 1162
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar, Unfinished
  • Above Grade Finished Sq Ft: 1162.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Eat-In Kitchen, Family Room, Sump Pump
  • Lot Sq Ft: 7405.20
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1162
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Deck, Porch

Garage/Parking

  • Garage Type: Detached, Rear Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.1700
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Jul 29, 2022
Sold by
Cray and Amy
Bought by
Emma Lilia Kennedy Trust
Seller's Agent
Geoffrey Novak
Buyer's Agent
Geoffrey Novak
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$137,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,734
Avg. Annual Appreciation
2.97%

Purchase Details

Listed on
Jan 25, 2016
Closed on
Sep 7, 2016
Sold by
Harrison Group Llc
Bought by
Cray Kevin and Cray Amy
Seller's Agent
Heather Robinson
Green Tree Real Estate Services
Buyer's Agent
Brandon Jones
Lenihan Sotheby's International Realty
List Price
$54,900
Sold Price
$43,900
Premium/Discount to List
-$11,000
-20.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.62%
Original Mortgage
$35,120
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
First Savings Bank Fsb
Bought by
Harrison Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,053
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2010
Sold by
Crawford & Thomas Properties Llc
Bought by
First Savings Bank Fsb

Purchase Details

Closed on
Dec 18, 2007
Sold by
Bank Of New York Tr Co Na
Bought by
Crawford & Thomas Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.15%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 12, 2007
Sold by
Rowe Dennis and Rowe Dennis A
Bought by
Bank Of New York Trust Co Na and Jp Morgan Chase Bank Na
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
Emma Lilia Kennedy Trust $240,000 None Listed On Document
Cray Kevin -- --
Harrison Group Llc -- None Available
First Savings Bank Fsb -- None Available
Crawford & Thomas Properties Llc $32,500 None Available
Bank Of New York Trust Co Na $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cray Kevin $35,120
Previous Owner Harrison Group Llc $41,053
Previous Owner Crawford & Thomas Properties Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $120,000 -4.0% $103 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $125,000 +184.7% $108 / Sq Ft
09/07/2016 09/07/16 Sold $43,900 -20.0% $38 / Sq Ft
06/25/2016 06/25/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $54,900 -- $47 / 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 $1,714 $68,700 $9,800 $58,900
2023 $1,714 $76,500 $9,800 $66,700
2022 $1,599 $74,900 $9,800 $65,100
2021 $1,360 $63,200 $9,800 $53,400
2020 $1,362 $63,200 $9,800 $53,400
2019 $1,363 $63,200 $9,800 $53,400
2018 $1,379 $62,600 $9,800 $52,800
2017 $1,378 $62,400 $9,800 $52,600
2016 $1,236 $61,800 $9,800 $52,000
2014 $1,120 $56,000 $9,800 $46,200
2013 -- $54,500 $9,800 $44,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2022010494

Southern Indiana REALTORS® Association

APN: 22-05-04-200-738.000-008