NOT LISTED FOR SALE

1516 Walnut St New Albany, IN 47150

Estimated Value: $194,000 - $225,070

4 Beds
2 Baths
1,656 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 07, 2024

Last sale price $190,000 $115 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,211/month

17 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • Enclosed Patio or Porch
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • 4-minute walk to Kevin Hammersmith Memorial Park

About This Home

As of October 2024

Check out this unique Remodeled 1.5 story home right off State Street! Totalling 4 bedrooms, 2 full baths, large enclosed porch perfect for morning coffee/tea, a long driveway, & 2 car garage! NEW Roof in 2023, NEW Water Heater in 2023, as well as 2 full bathroom remodels, updated kitchen, lighting fixtures, paint, fixtures, flooring, kitchen appliances, washing machine and dryer, electrical, & plumbing.
The 1st floor features a bedroom, living room, family/dining room, eat in kitchen, and a full bath with washer & dryer that will remain. Hardwood flooring is located throughout the living room, family room and bedrooms. The 2nd floor consists of 3 bedrooms, the other full bath, and a small unfinished attic area for storage. There a cellar type basement with ~450 sft that is great for storage/shelter.

Last Agent to Sell the Property

Megan Paz

Green Tree Real Estate Services License #RB17002161 Listed on: 08/17/2024

Last Buyer's Agent

Brian Bell

Epique Realty License #RB14032480

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,638

Year Built

  • Built in 1886

Lot Details

  • 7,187 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 1,656 Sq Ft Home
  • 1.5-Story Property
  • First Floor Utility Room
  • Basement
  • Basement Cellar

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0083500020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,638

Year Built

Built in 1886

Lot Details

0

Parking

2

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 2638
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Unknown
  • Legal Description: P 204 L 7 PRT 5' X 50' VAC ALLEY #008-35000-42
  • Out Buildings: Garage
  • Parcel Number: 0083500020
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1656
  • Type: 1.5 Story
  • Year Built: 1886
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1656.00
  • Appliances: Clothes Dryer, Clothes Washer, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Master, 1st Floor Utility
  • Lot Sq Ft: 7187.40
  • Sewer Type: Sewer
  • Total Sq Ft: 1656

Exterior Features

  • Exterior Features: Deck, Enclosed Porch

Garage/Parking

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

Utilities

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

Lot Info

  • Acres: 0.1650
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2024
Closed on
Oct 8, 2024
Sold by
Chan Vathana and Chan Vouch Kim
Bought by
Powell Jennifer L
Seller's Agent
Megan Paz
Green Tree Real Estate Services
Buyer's Agent
Brian Bell
Epique Realty
List Price
$205,000
Sold Price
$190,000
Premium/Discount to List
-$15,000
-7.32%
Views
53
Current Estimated Value
$206,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,018
Avg. Annual Appreciation
7.29%
Original Mortgage
$184,300
Outstanding Balance
$182,402
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$23,616

Purchase Details

Listed on
Apr 5, 2022
Closed on
May 16, 2022
Sold by
Anthony Mcpheeters James
Bought by
Chan Vathana
Seller's Agent
Susan Block
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Moira Bertram
Semonin REALTORS
List Price
$149,900
Sold Price
$124,900
Premium/Discount to List
-$25,000
-16.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.10%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Powell Jennifer L $190,000 None Listed On Document
Chan Vathana -- Pitt Frank Distler Bearden &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Jennifer L $184,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2024 10/07/24 Sold $190,000 -4.5% $115 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/28/2024 08/28/24 Price Changed $199,000 -2.9% $120 / Sq Ft
08/17/2024 08/17/24 For Sale $205,000 +64.1% $124 / Sq Ft
05/16/2022 05/16/22 Sold $124,900 -16.7% $75 / Sq Ft View Prior Sale
04/10/2022 04/10/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $149,900 -- $91 / 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 $1,515 $144,100 $16,400 $127,700
2023 $2,638 $123,600 $16,400 $107,200
2022 $142 $119,200 $16,400 $102,800
2021 $139 $100,200 $16,400 $83,800
2020 $137 $96,700 $16,400 $80,300
2019 $134 $96,700 $16,400 $80,300
2018 $131 $86,300 $16,400 $69,900
2017 $129 $86,300 $16,400 $69,900
2016 $126 $78,300 $16,400 $61,900
2014 $243 $87,600 $16,400 $71,200
2013 -- $85,300 $16,400 $68,900
Source: Public Records

Agents Affiliated with this Home

  • Megan Paz

    Seller's Agent in 2024

    Megan Paz

    Green Tree Real Estate Services

    (812) 572-2482

    9 in this area

    67 Total Sales

    Megan Paz
    Section Image
  • Brian Bell

    Buyer's Agent in 2024

    Brian Bell

    Epique Realty

    (502) 552-8001

    12 in this area

    59 Total Sales

    Brian Bell
    Section Image
  • Susan Block

    Seller's Agent in 2022

    Susan Block

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 552-4177

    72 in this area

    272 Total Sales

    Susan Block
    Section Image
  • Jesse Niehaus

    Seller Co-Listing Agent in 2022

    Jesse Niehaus

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 558-1579

    72 in this area

    278 Total Sales

    Jesse Niehaus
    Section Image
  • Moira Bertram

    Buyer's Agent in 2022

    Moira Bertram

    Semonin Realty

    (812) 989-8580

    14 in this area

    42 Total Sales

    Moira Bertram
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2024010048

Southern Indiana REALTORS® Association

APN: 22-05-03-400-238.000-008

Indiana Floyd County New Albany 47150

1516 Walnut St, New Albany, IN

Not Listed for Sale

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Southern Indiana REALTORS® Association 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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