NOT LISTED FOR SALE

1503 Walnut St New Albany, IN 47150

Estimated Value: $116,000 - $220,000

3 Beds
1.5 Baths
1,008 Sq Ft
$160/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $113,450 $113 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $925/month

113 Days on Market

Highlights

  • Covered Patio or Porch
  • Thermal Windows
  • Shed
  • Fenced Yard
  • Storage
  • 5-minute walk to Kevin Hammersmith Memorial Park

About This Home

As of April 2018

***WON'T LAST LONG*** This 3 bed/2 bath home has been recently and completely remodeled with engineered hardwood floors, fresh paint as well as remodeled bath and Kitchen. The home is completely move in ready. Amazing back yard with Maple trees that overshadow the entire backyard.

You're looking for Convenience? ..... Your minutes from Highway 64 and about 10 minutes to Louisville. You can be in Clarksville via 265 or the back way through New Albany in about 10 minutes eitherway. There are many things to do in the area. Lots of great eats, river activities and parks. Come check out your new home. Now is your chance to purchase a great starter home to share with family or rent out to other students or nurses. Unfinished basement is completely ready to build-out to add additional living area. Seller recently spent $$$ to water proof the basement walls by a professional company. If home is purchased within 120 days of waterproofing. Warranty is transferred to new owners.

Last Agent to Sell the Property

David Stricker

Big 4 Realty Group License #RB16000496 Listed on: 11/09/2017

Last Buyer's Agent

Tammy Hogan

Lopp Real Estate Brokers License #RB14041563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $367

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Family Room
  • Storage
  • Self-Cleaning Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Gas Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220503400255000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$367

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Annual Tax: 367
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Concrete Block
  • Legal Description: P 204 N 50' L 24
  • Out Buildings: Shed
  • Parcel Number: 220503400255000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1008
  • Type: 1 Story
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Outside Entrance, Walkup
  • Above Grade Finished Sq Ft: 1008.00
  • Appliances: Oven Self Clean, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, Added Storage, Bath Master, Blinds, Ceiling Fan(s), Family Room, Split Bedrooms, Sump Pump
  • Lot Sq Ft: 6969.60
  • Sewer Type: Sewer
  • Total Sq Ft: 1008

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Landscaped, Public Sidewalk, Solid Surface Drive, Thermopane Windows, Vinyl Siding

Utilities

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

Lot Info

  • Acres: 0.1600
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2017
Closed on
Mar 29, 2018
Sold by
Phelps Cheryl Sue
Bought by
Mclain David L
Seller's Agent
David Stricker
Big 4 Realty Group
Buyer's Agent
Tammy Hogan
Lopp Real Estate Brokers
List Price
$124,900
Sold Price
$113,450
Premium/Discount to List
-$11,450
-9.17%
Current Estimated Value
$161,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,045
Avg. Annual Appreciation
4.78%
Original Mortgage
$90,760
Outstanding Balance
$78,034
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$83,461

Purchase Details

Closed on
Apr 4, 2011
Sold by
Short Samantha L
Bought by
Phelps Cheryl Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,610
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2010
Sold by
Short Samantha L
Bought by
Sue Phelps Cheryl

Purchase Details

Closed on
Sep 12, 2008
Sold by
Armmer Francesca A and Harper Sandra L
Bought by
Short Samantha L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mclain David L -- --
Phelps Cheryl Sue -- None Available
Sue Phelps Cheryl $74,900 None Available
Short Samantha L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclain David L $90,760
Previous Owner Phelps Cheryl Sue $72,610
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $113,450 -3.0% $113 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
01/26/2018 01/26/18 Price Changed $116,900 -2.5% $116 / Sq Ft
12/15/2017 12/15/17 Price Changed $119,900 -4.0% $119 / Sq Ft
11/09/2017 11/09/17 For Sale $124,900 -- $124 / 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 $892 $101,900 $14,600 $87,300
2023 $654 $87,800 $14,600 $73,200
2022 $627 $84,800 $14,600 $70,200
2021 $434 $71,900 $14,600 $57,300
2020 $398 $69,200 $14,600 $54,600
2019 $388 $69,300 $14,600 $54,700
2018 $337 $62,200 $14,600 $47,600
2017 $341 $61,800 $14,600 $47,200
2016 $367 $64,900 $14,600 $50,300
2014 $465 $73,000 $14,600 $58,400
2013 -- $71,000 $14,600 $56,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2017010666

Southern Indiana REALTORS® Association

APN: 22-05-03-400-255.000-008