NOT LISTED FOR SALE

1505 E Spring St New Albany, IN 47150

Estimated Value: $157,000 - $194,000

2 Beds
1.5 Baths
1,390 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $175,000 $126 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,061/month

2 Days on Market

Highlights

  • Open Floorplan
  • Fenced Yard
  • Eat-In Kitchen
  • Covered patio or porch
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of November 2023

DOWNTOWN NEW ALBANY! Welcome home to this spacious 2 bedroom, 1.5 bathroom home centrally located in New Albany. Featuring tons of character and charm, you will not be disappointed. Spacious laundry room provides tons of storage as well. Fenced in backyard with a detached garage allows for street parking or parking in the rear. Covered front porch allows for you to enjoy your days/evenings. TONS of cabinetry and a pantry in the kitchen gives you plenty of space for all of your items. Do not miss out on this one!
Sq ft & rm sz approx.

Last Listed By

Tammy Hogan

Lopp Real Estate Brokers License #RB14041563 Listed on: 10/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,047

Year Built

  • Built in 1929

Lot Details

  • 4,225 Sq Ft Lot
  • Lot Dimensions are 25 x 170
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,390 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502800714000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,047

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Improvements: 95000
  • Annual Tax: 1047
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 11000
  • Legal Description: P 13 W 1/2 L 78
  • Lot Dimensions: 25 x 170
  • Open House Count: 1
  • Parcel Number: 220502800714000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 106000
  • Total Deduction Amnt: 70085
  • Total Finished Square Footage: 1390
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1390.00
  • Appliances: Dishwasher, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Breakfast Bar, Ceiling Fan(s), Eat-In Kitchen, Open Floor Plan, Pantry
  • Lot Sq Ft: 4225.32
  • Room Count: 4
  • Sewer Type: Sewer
  • Total Sq Ft: 1390
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.0970
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Nov 13, 2023
Sold by
Williamson Rebekah S
Bought by
Belkin Dennis
Seller's Agent
Tammy Hogan
Lopp Real Estate Brokers
Buyer's Agent
Sarah Ring
Coldwell Banker McMahan
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%
Total Days on Market
2
Views
17
Current Estimated Value
$175,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$951
Avg. Annual Appreciation
0.36%
Original Mortgage
$166,250
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2023
Closed on
Nov 10, 2023
Sold by
Williamson Rebekah S
Bought by
Relkin Dennis
Seller's Agent
Tammy Hogan
Lopp Real Estate Brokers
Buyer's Agent
Sarah Ring
Coldwell Banker McMahan
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2012
Closed on
Jan 3, 2013
Sold by
Thomas Gus
Bought by
Williamson Rebekah S
Seller's Agent
Tammy Hogan
Lopp Real Estate Brokers
Buyer's Agent
Tammy Hogan
Lopp Real Estate Brokers
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$43,828
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2010
Sold by
Newburg Ventures Llc
Bought by
New Directions Housing Corp

Purchase Details

Closed on
Jun 27, 2008
Sold by
Wintkrnheimer Managements Llc
Bought by
First Savings Bank Fsb

Purchase Details

Closed on
Dec 22, 2004
Sold by
Winternheimer Mark M
Bought by
Winternheimer Management Llc

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
Belkin Dennis $175,000 None Listed On Document
Relkin Dennis $175,000 None Listed On Document
Williamson Rebekah S $55,000 --
New Directions Housing Corp -- Freibert Title Group Llc
First Savings Bank Fsb -- None Available
Winternheimer Management Llc -- Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belkin Dennis $169,000
Closed Relkin Dennis $166,250
Previous Owner Williamson Rebekah S $20,000
Previous Owner Williamson Rebekah S $43,828
Previous Owner Williamson Rebekah $10,000
Previous Owner Newburg Ventures Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $175,000 +0.1% $126 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $174,900 +218.0% $126 / Sq Ft
01/03/2013 01/03/13 Sold $55,000 -8.2% $40 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
11/07/2012 11/07/12 For Sale $59,900 -- $43 / 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 $962 $128,100 $11,000 $117,100
2023 $962 $106,000 $11,000 $95,000
2022 $1,074 $109,500 $11,000 $98,500
2021 $874 $93,900 $11,000 $82,900
2020 $818 $92,200 $11,000 $81,200
2019 $701 $86,800 $11,000 $75,800
2018 $594 $80,600 $11,000 $69,600
2017 $597 $80,200 $11,000 $69,200
2016 $545 $79,600 $11,000 $68,600
2014 $479 $67,000 $11,000 $56,000
2013 -- $68,900 $11,000 $57,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2023011032

Southern Indiana REALTORS® Association

APN: 22-05-02-800-714.000-008