1512 E Spring St New Albany, IN 47150
1
Bed
1.5
Baths
1,216
Sq Ft
2,962
Sq Ft Lot
Highlights
- Covered patio or porch
- Ramp on the main level
- Forced Air Heating System
- Eat-In Kitchen
- Accessibility Features
About This Home
As of December 2022This property has everything you're looking for in 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 that could offer 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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,736
Year Built
- Built in 1929
Lot Details
- 2,962 Sq Ft Lot
- Lot Dimensions are 25 x 120
- Property is zoned Commercial
Parking
- Off-Street Parking
Home Design
- Wood Trim
Interior Spaces
- 1,216 Sq Ft Home
- 2-Story Property
- Eat-In Kitchen
Bedrooms and Bathrooms
- 1 Bedroom
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
183
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: 202207975
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.
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