NOT LISTED FOR SALE

1507 E Elm St New Albany, IN 47150

Estimated Value: $188,000 - $228,602

3 Beds
1 Bath
1,088 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $220,000 $202 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,201/month

34 Days on Market

Highlights

  • City Lights View
  • Enclosed patio or porch
  • Fenced Yard
  • Deck
  • First Floor Utility Room
  • 3 Car Detached Garage

About This Home

As of August 2023

This DARLING, CHARMING 1929 bungalow has been completely updated and renovated, making it the perfect blend of old-world charm and modern convenience. Located in the heart of New Albany, this home is situated on a fenced in lot with an HUGE, AMAZING,3 plus detached garage! The Garage has HUGE POTENTIAL! Could serve as a work at home location, provide ample storage space for all your hobbies, OR even RENOVATE to a LIVING SPACE? The property features NEW roof, HVAC system, and upgraded 200 amp service to ensure maximum comfort and efficiency. Inside you'll find beautiful new trim, doors, and lights throughout the house that add character while maintaining its original style. Three possible bedrooms with the 3rd currently staged as a large laundry/office space. The completely remodeled kitchen includes all appliances making meal prep a breeze. Don't miss out on this opportunity to own a piece of history with all the amenities of modern living!

Last Listed By

Tracy Long- Jones

Green Tree Real Estate Services License #RB14039095 Listed on: 06/23/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $476

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 30x160
  • Fenced Yard
  • Landscaped

Parking

  • 3 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Family Room
  • First Floor Utility Room
  • City Lights Views
  • Partially Finished Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Ceramic Tile in Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Shed

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 220502800620000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$476

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Improvements: 98700
  • Annual Tax: 476
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Unknown
  • Home Warranty Provided: APHW
  • Land Assessment: 12800
  • Legal Description: P 13; E 30' L 86
  • Lot Dimensions: 30x160
  • Out Buildings: Garage, Shed
  • Parcel Number: 220502800620000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 111500
  • Total Deduction Amnt: 85660
  • Total Finished Square Footage: 1088
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 1088.00
  • Appliances: Clothes Dryer, Clothes Washer, Range / Oven
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Ceramic Bath, Eat-In Kitchen, Family Room, Finishable Attic, Pantry
  • Lot Sq Ft: 4791.60
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 1088
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Patio, Covered Porch, Deck, Enclosed Patio, Fenced Yard, Landscaped, Porch, Public Sidewalk, Vinyl Siding
  • Home Warranty: Yes

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1100
  • Lot Description: City Lights View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 17, 2023
Sold by
Hurst Christopher Lynn
Bought by
Schubert Julie and Flowers Kyle
Seller's Agent
Tracy Long- Jones
Green Tree Real Estate Services
Buyer's Agent
Shelby Fryrear
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Total Days on Market
34
Views
207
Current Estimated Value
$209,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,849
Avg. Annual Appreciation
-2.02%
Original Mortgage
$213,400
Outstanding Balance
$209,768
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$2,486

Purchase Details

Closed on
Jan 5, 2023
Sold by
Cunningham Esther E
Bought by
Hurst Christopher Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.58%
Mortgage Type
New Conventional

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
Schubert Julie $220,000 None Listed On Document
Hurst Christopher Lynn $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schubert Julie $213,400
Previous Owner Hurst Christopher Lynn $36,000
Previous Owner Cunningham David $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $220,000 +0.2% $202 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/26/2023 07/26/23 Price Changed $219,500 -8.5% $202 / Sq Ft
07/18/2023 07/18/23 Price Changed $239,900 -3.6% $220 / Sq Ft
07/10/2023 07/10/23 Price Changed $248,900 -0.4% $229 / Sq Ft
06/23/2023 06/23/23 For Sale $249,900 -- $230 / 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 $506 $134,300 $12,800 $121,500
2023 $506 $111,500 $12,800 $98,700
2022 $476 $113,300 $12,800 $100,500
2021 $466 $97,300 $12,800 $84,500
2020 $490 $97,300 $12,800 $84,500
2019 $387 $92,000 $12,800 $79,200
2018 $286 $86,000 $12,800 $73,200
2017 $293 $86,100 $12,800 $73,300
2016 $261 $85,400 $12,800 $72,600
2014 $415 $60,800 $12,800 $48,000
2013 -- $62,700 $12,800 $49,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202308461

Southern Indiana REALTORS® Association

APN: 22-05-02-800-620.000-008