1509 E Spring St New Albany, IN 47150
3
Beds
2.5
Baths
1,963
Sq Ft
8,712
Sq Ft Lot
Highlights
- No HOA
- Porch
- Property is Fully Fenced
- 1 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of September 2022An exceptional opportunity to own this stylish, award-winning historic Foreman-Black home in one of the hottest areas of town! Enjoy single story living in this nearly 2,000 sq.ft Queen Anne style home located in the East Spring Street Historic District that has been beautifully updated while maintaining so much of its original charm. The covered front porch welcomes guests inside where they are greeted with 10 ft. ceilings, refinished hardwood floors with impressive inlays, 3 stunning decorative fireplaces, and an open layout. Fit for any serious chef, the remodeled kitchen boasts loads of cabinetry, center island, and stainless steel appliances, including a gas range. Off the kitchen, you'll enjoy the light-filled living room that flows into the formal dining area with powder room for convenience. The family room provides access to the large, fully fenced backyard with a 1270 sq ft garage complete with a new garage door, a work bench, and a 240 volt outlet that can easily be set up to charge your electric vehicle. Back inside, the Owner's Suite is the perfect retreat boasting a spa-like bathroom with soaking tub, and large walk-in shower. An additional bedroom with attached full bath, and walk-in closet is located off the family room. Kitchen appliances, and washer and dryer to remain. Loads of additional storage space in the spacious cellar basement. The entire home was outfitted as a Smart Home, including wifi-enabled smoke detectors and light switches (Lutron brand), LED lights, and a Ring home security system. Six of the windows have been replaced in the last two years. This home presents a unique chance to become part of the booming Downtown New Albany neighborhood, within close proximity of the new Sherman Minton Bridge, and wonderful shops and restaurants. A true classic that's move-in ready!
Last Agent to Sell the Property
The Noe Group
Keller Williams Louisville East Brokerage Email: katie@goteamnoe.com License #222046 Listed on: 08/13/2022
Last Buyer's Agent
NON MEMBER
NON-MEMBER OFFICE
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,685
Year Built
- Built in 1929
Parking
- 1 Car Detached Garage
Home Design
- Brick Exterior Construction
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,963 Sq Ft Home
- 1-Story Property
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Porch
- Property is Fully Fenced
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0086860080
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2022
Closed on
Sep 19, 2022
Sold by
Smith Iii Dale L and Smith Keely S
Bought by
Medina James A
Seller's Agent
The Noe Group
Keller Williams Louisville East
Buyer's Agent
NON MEMBER
NON-MEMBER OFFICE
List Price
$250,000
Sold Price
$250,000
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,034
Avg. Annual Appreciation
6.90%
Original Mortgage
$230,000
Outstanding Balance
$221,384
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$82,802
Purchase Details
Listed on
Feb 13, 2020
Closed on
Mar 23, 2020
Sold by
Wetzel Tonya
Bought by
Smith Dale L and Smith Keely S
Seller's Agent
Jeff Simmons
Buyer's Agent
Ann Osterhoudt
Lopp Real Estate Brokers
List Price
$179,900
Sold Price
$186,000
Premium/Discount to List
$6,100
3.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$182,631
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 5, 2017
Sold by
Arlp Reo Iii Llc
Bought by
Trs Proprty Services Llc
Purchase Details
Listed on
May 7, 2014
Closed on
Aug 5, 2014
Sold by
Meyer Callista M
Bought by
Wetzel Tonya
Seller's Agent
Patricia Harrison
RE/MAX FIRST
Buyer's Agent
Kyle Wohrle
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$57,000
Sold Price
$35,500
Premium/Discount to List
-$21,500
-37.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.42%
Original Mortgage
$35,000
Interest Rate
4.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2011
Sold by
Meyer Martha
Bought by
Meyer Callista M
Purchase Details
Closed on
Oct 21, 2008
Sold by
Fannie Mae
Bought by
Meyer Martha
Purchase Details
Closed on
May 22, 2008
Sold by
Green Ricky Earl
Bought by
Federal National Mortgage Association
Similar Homes in New Albany, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | $35,500 | Law Offices Of Keith D Mull | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $45,500 | None Available | |
| Sheriffs Deed | $108,463 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,000 | New Conventional | |
| Previous Owner | $182,631 | FHA | |
| Previous Owner | $35,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2022 09/19/22 | Sold | $250,000 | 0.0% | $127 / Sq Ft |
| 08/15/2022 08/15/22 | Pending | -- | -- | -- |
| 08/13/2022 08/13/22 | For Sale | $250,000 | +34.4% | $127 / Sq Ft |
| 03/23/2020 03/23/20 | Sold | $186,000 | +3.4% | $98 / Sq Ft |
| 02/15/2020 02/15/20 | Pending | -- | -- | -- |
| 02/13/2020 02/13/20 | For Sale | $179,900 | +406.8% | $94 / Sq Ft |
| 08/05/2014 08/05/14 | Sold | $35,500 | -37.7% | $18 / Sq Ft |
| 07/14/2014 07/14/14 | Pending | -- | -- | -- |
| 05/07/2014 05/07/14 | For Sale | $57,000 | -- | $29 / Sq Ft |
Source: Metro Search (Greater Louisville Association of REALTORS®)
Tax History Compared to Growth
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 | $2,685 | $298,400 | $17,600 | $280,800 |
| 2023 | $2,685 | $248,000 | $17,600 | $230,400 |
| 2022 | $1,822 | $173,700 | $17,600 | $156,100 |
| 2021 | $1,572 | $149,300 | $17,600 | $131,700 |
| 2020 | $1,635 | $149,300 | $17,600 | $131,700 |
| 2019 | $1,265 | $120,600 | $17,600 | $103,000 |
| 2018 | $1,070 | $113,900 | $17,600 | $96,300 |
| 2017 | $1,086 | $113,700 | $17,600 | $96,100 |
| 2016 | $990 | $112,600 | $17,600 | $95,000 |
| 2014 | $940 | $82,400 | $17,600 | $64,800 |
| 2013 | -- | $84,600 | $17,600 | $67,000 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2022
The Noe Group
Keller Williams Louisville East
-
N
Buyer's Agent in 2022
NON MEMBER
NON-MEMBER OFFICE
-
Jeff Simmons
J
Seller's Agent in 2020
Jeff Simmons
18 in this area
33 Total Sales
-
Ann Osterhoudt
Buyer's Agent in 2020
Ann Osterhoudt
Lopp Real Estate Brokers
(812) 987-7385
15 in this area
124 Total Sales
-
Patricia Harrison
Seller's Agent in 2014
Patricia Harrison
RE/MAX
(812) 989-4663
87 in this area
166 Total Sales
-
Teresa Baxter
Seller Co-Listing Agent in 2014
Teresa Baxter
Schuler Bauer Real Estate Services ERA Powered (N
(502) 592-0884
20 in this area
73 Total Sales
Map
Source: Metro Search (Greater Louisville Association of REALTORS®)
MLS Number: 1619930
APN: 22-05-02-800-716.000-008
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