$130,000
SOLD OCT 18, 2024

1522 State St New Albany, IN 47150

3 Beds
1 Bath
1,094 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$119 Per Sq Ft

4% Below List Price

3 Days on Market

Highlights

  • Covered patio or porch
  • Fenced Yard
  • 1-Story Property
  • Formal Dining Room
  • Eat-In Kitchen
  • 2-minute walk to Kevin Hammersmith Memorial Park

About This Home

As of October 2024

Fantastic location with commercial potential! This spacious 3-bedroom, 1-bathroom home offers large rooms with updated luxury vinyl plank flooring throughout. The kitchen comes fully equipped with all appliances included. Enjoy the outdoors with a covered front and back porch, along with a fenced-in backyard for added privacy. The home also features an unfinished basement, offering plenty of storage or potential for future expansion. Ideal for cash or conventional loan buyers—this property has endless possibilities! Don't miss out on this opportunity! Commercial potential as well. Will make a great office space as well. sq ft is approximate, if critical buyers should verify.

Last Agent to Sell the Property

Stephannie Wilson

Schuler Bauer Real Estate Services ERA Powered (N License #RB14039714

Schuler Bauer Real Estate Services ERA Powered  (N

Last Buyer's Agent

Stacie Thompson

RE/MAX Advantage License #RB14039171

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $753

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x120
  • Fenced Yard
  • Landscaped

Home Design

  • Frame Construction

Interior Spaces

  • 1,094 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Formal Dining Room
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220503400166000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$753

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 97600
  • Annual Tax: 753
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 12300
  • Legal Description: P. 41 N 40' L. 54
  • Lot Dimensions: 40x120
  • Open House Count: 2
  • Parcel Number: 220503400166000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 109900
  • Total Deduction Amnt: 66480
  • Total Finished Square Footage: 1094
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 1094.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, Blinds, Ceiling Fan(s), Eat-In Kitchen, Formal Dining Rm, Sump Pump
  • Lot Sq Ft: 4791.60
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1094
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Landscaped

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1100
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Oct 18, 2024
Sold by
Jones Melissa S
Bought by
Catt Amy J
Seller's Agent
Stephannie Wilson
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Stacie Thompson
RE/MAX Advantage
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%
Total Days on Market
3
Views
8
Current Estimated Value
$136,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,342
Avg. Annual Appreciation
8.56%
Original Mortgage
$110,500
Outstanding Balance
$109,980
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$26,362

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $130,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,500 New Conventional
Previous Owner $69,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $130,000 -3.7% $119 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $135,000 -- $123 / 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 $753 $109,900 $12,300 $97,600
2023 $753 $94,200 $12,300 $81,900
2022 $811 $90,800 $12,300 $78,500
2021 $550 $76,200 $12,300 $63,900
2020 $499 $73,300 $12,300 $61,000
2019 $483 $73,300 $12,300 $61,000
2018 $427 $65,400 $12,300 $53,100
2017 $433 $65,000 $12,300 $52,700
2016 $557 $61,700 $12,300 $49,400
2014 $474 $69,200 $12,300 $56,900
2013 -- $67,300 $12,300 $55,000
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 2024010880

Southern Indiana REALTORS® Association

APN: 22-05-03-400-166.000-008