1512 E Spring St New Albany, IN 47150
1
Bed
0.5
Bath
1,216
Sq Ft
2,614
Sq Ft Lot
Highlights
- Open Floorplan
- Eat-In Kitchen
- Accessibility Features
- Covered patio or porch
- Ramp on the main level
- Forced Air Heating System
About This Home
As of December 2022Are you looking for the perfect space for your next business venture with an ideal location?! Look no further! This property has everything you're looking for in up and coming Downtown New Albany! Commercially zoned, this property was previously a hair salon and offers 3 water stations on the main level. Back kitchen provides the perfect mixing area or break room. Half bath downstairs is perfect for clients. Business has an upstairs apartment offers additional income! Could also be easily converted back to single family home or duplex for rental income with proper zoning! Call today for your private tour! Outside sign does not convey.
Last Agent to Sell the Property
Green Tree Real Estate Services License #RB14043410
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,889
Year Built
- Built in 1929
Lot Details
- 2,614 Sq Ft Lot
- Property is zoned Commercial
Home Design
- Wood Trim
Interior Spaces
- 1,216 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Eat-In Kitchen
Bedrooms and Bathrooms
- 1 Bedroom
- 0.5 Bathroom
Basement
- Sump Pump
- Basement Cellar
Accessible Home Design
- Accessibility Features
- Ramp on the main level
Outdoor Features
- Covered patio or porch
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 220502800655000008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2022
Closed on
Dec 30, 2022
Sold by
Wilson Michele
Bought by
Chanel Nicole Investment Group Llc
Seller's Agent
Fancy Fulton-Smith
RE/MAX FIRST
Buyer's Agent
Fancy Fulton-Smith
RE/MAX FIRST
List Price
$150,000
Sold Price
$110,000
Premium/Discount to List
-$40,000
-26.67%
Total Days on Market
112
Views
112
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
$43,624
Avg. Annual Appreciation
14.13%
Original Mortgage
$143,154
Interest Rate
6.61%
Mortgage Type
Construction
Purchase Details
Listed on
Sep 29, 2020
Closed on
Feb 26, 2021
Sold by
Spalding Vickie L
Bought by
Youell Angela and Wilson Michele
Seller's Agent
Heather Robinson
Green Tree Real Estate Services
Buyer's Agent
Fancy Fulton-Smith
RE/MAX FIRST
List Price
$99,900
Sold Price
$82,000
Premium/Discount to List
-$17,900
-17.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.31%
Original Mortgage
$61,500
Interest Rate
2.7%
Mortgage Type
New Conventional
Map
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
Similar Homes in New Albany, IN
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 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $143,154 | Construction | |
| Previous Owner | $61,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | $110,000 | -26.7% | $90 / Sq Ft |
| 10/07/2022 10/07/22 | Pending | -- | -- | -- |
| 07/12/2022 07/12/22 | For Sale | $150,000 | 0.0% | $123 / Sq Ft |
| 04/29/2022 04/29/22 | Pending | -- | -- | -- |
| 04/07/2022 04/07/22 | For Sale | $150,000 | +82.9% | $123 / Sq Ft |
| 02/26/2021 02/26/21 | Sold | $82,000 | -17.9% | $67 / Sq Ft |
| 01/19/2021 01/19/21 | Pending | -- | -- | -- |
| 09/29/2020 09/29/20 | For Sale | $99,900 | -- | $82 / Sq Ft |
Source: Southern Indiana REALTORS® Association
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 | $3,899 | $62,000 | $14,300 | $47,700 |
| 2023 | $3,899 | $63,100 | $14,300 | $48,800 |
| 2022 | $1,844 | $63,600 | $14,300 | $49,300 |
| 2021 | $1,736 | $59,600 | $14,300 | $45,300 |
| 2020 | $1,694 | $59,600 | $14,300 | $45,300 |
| 2019 | $1,888 | $68,600 | $14,300 | $54,300 |
| 2018 | $1,623 | $59,100 | $14,300 | $44,800 |
| 2017 | $1,652 | $59,200 | $14,300 | $44,900 |
| 2016 | $1,518 | $58,700 | $14,300 | $44,400 |
| 2014 | $1,680 | $59,400 | $14,300 | $45,100 |
| 2013 | -- | $57,900 | $14,300 | $43,600 |
Source: Public Records
Source: Southern Indiana REALTORS® Association
MLS Number: 2020010955
APN: 22-05-02-800-655.000-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
Nearby Homes
- 336 E 16th St
- 337 E 15th St
- 330 E 16th St
- 1318 E Spring St
- 1617 King St
- 1525 E Oak St
- 1208 E Spring St
- 1601 Culbertson Ave
- 1808 E Spring St
- 1832 E Elm St
- 1119 Ekin Ave
- 1815 Culbertson Ave
- 1825 Culbertson Ave
- 1618 Beeler St
- 1906 Ekin Ave
- 1512 Locust St
- 616 Culbertson Ave
- 2007 Culbertson Ave
- 2032 Culbertson Ave
- 504 E Main St