NOT LISTED FOR SALE

1517 Ekin Ave New Albany, IN 47150

Estimated Value: $124,000 - $231,000

4 Beds
2 Baths
1,732 Sq Ft
$98/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $125,000 $72 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,025/month

75 Days on Market

Highlights

  • Deck
  • No HOA
  • 2 Car Garage
  • Traditional Architecture
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of February 2024

Investors don't miss out on this Duplex in one of the hottest areas of New Albany. Two long-term tenants are currently in place on month-to-month leases bringing in $1,350 total per month with plenty of room to grow. Both units have a living room, kitchen, and washer/dryer hookups. The front unit features 2 beds, 1 bath, and a covered front porch. In the back unit, the main bedroom is on the 2nd floor and offers two other rooms that could be used as a bedroom but are connected to the main bedroom. The back unit also includes a covered deck and fenced-in yard. There is a detached 2-car garage currently being used for storage. Please give at least 24 hours notice on showing requests, and do not approach the property without a confirmation.

Last Agent to Sell the Property

The Noe Group

Lenihan Sotheby's International Realty License #222046 Listed on: 10/31/2023

Last Buyer's Agent

NON MEMBER

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,554

Year Built

  • Built in 1929

Lot Details

  • 6,970

Parking

  • 2 Car Garage

Home Design

  • 1,732 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Aluminum Siding

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for gas, electric
  • The owner pays for water
  • Assessor Parcel Number 220504200901000008
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,554

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 0.17
  • Property Sub Type: Duplex
  • Property Type: MultiFamily
  • Garage Yn: Yes
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1402.0
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • ExteriorDeck: Yes
  • Utilities City Sewer: Yes
  • Special Features: None

Interior Features

  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Construction Type: Aluminum Siding
  • Exterior Features: Deck
  • Construction:Aluminum: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Description:_pound_ Parking Spaces: 2.0

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 220504200901000008
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas, Electric

Building Info

  • Year Built: 1929

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Dones Ryan
Bought by
Dones Holdings Llc
Current Estimated Value
$169,930

Purchase Details

Listed on
Oct 31, 2023
Closed on
Feb 28, 2024
Sold by
River Rat Rentals Llc
Bought by
Dones Ryan
Seller's Agent
The Noe Group
Lenihan Sotheby's International Realty
Buyer's Agent
NON MEMBER
NON-MEMBER OFFICE
List Price
$160,000
Sold Price
$125,000
Premium/Discount to List
-$35,000
-21.88%
Views
262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.67%
Original Mortgage
$118,750
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2022
Closed on
Jul 11, 2022
Sold by
Linda Jeffrey
Bought by
River Rat Rentals Llc
Seller's Agent
Bob Sokoler
RE/MAX Properties East
Buyer's Agent
Brad Noe
Keller Williams Collective
List Price
$150,000
Sold Price
$100,000
Premium/Discount to List
-$50,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.58%
Source: Public Records

Range of Values:

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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
Dones Holdings Llc -- None Listed On Document
Dones Ryan $125,000 None Listed On Document
River Rat Rentals Llc $200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dones Ryan $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $125,000 -7.4% $72 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
01/05/2024 01/05/24 Price Changed $135,000 -10.0% $78 / Sq Ft
12/08/2023 12/08/23 Price Changed $150,000 -6.3% $87 / Sq Ft
10/31/2023 10/31/23 For Sale $160,000 +60.0% $92 / Sq Ft
07/11/2022 07/11/22 Sold $100,000 -33.3% $58 / Sq Ft View Prior Sale
06/11/2022 06/11/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $150,000 -- $87 / Sq Ft
Source: Metro Search, Inc.

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 $1,554 $145,500 $20,800 $124,700
2023 $5,557 $122,100 $20,800 $101,300
2022 $2,686 $125,800 $20,800 $105,000
2021 $2,354 $109,400 $20,800 $88,600
2020 $2,358 $109,400 $20,800 $88,600
2019 $2,235 $103,600 $20,800 $82,800
2018 $2,101 $96,800 $20,800 $76,000
2017 $2,145 $97,100 $20,800 $76,300
2016 $1,954 $116,100 $20,800 $95,300
2014 $1,458 $72,900 $20,800 $52,100
2013 -- $74,600 $20,800 $53,800
Source: Public Records

Agents Affiliated with this Home

  • The Noe Group

    Seller's Agent in 2024

    The Noe Group

    Lenihan Sotheby's International Realty

    (502) 554-9500

    3 in this area

    83 Total Sales

    The Noe Group
    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER

    NON-MEMBER OFFICE

  • Bob Sokoler

    Seller's Agent in 2022

    Bob Sokoler

    RE/MAX

    (502) 376-5483

    1 in this area

    1,024 Total Sales

    Bob Sokoler
    Section Image

  • B

    Buyer's Agent in 2022

    Brad Noe

    Keller Williams Louisville East

See All Agents

Map

Source: Metro Search, Inc.

MLS Number: 1648779

Metro Search, Inc.

APN: 22-05-04-200-901.000-008

Indiana Floyd County New Albany 47150

1517 Ekin Ave, New Albany, IN

Not Listed for Sale

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