NOT LISTED FOR SALE

1545 McDonald Ave New Albany, IN 47150

Estimated Value: $317,000 - $355,479

4 Beds
2.5 Baths
3,596 Sq Ft
$95/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $260,000 $72 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,130/month

4 Days on Market

Highlights

  • 0.62 Acre Lot
  • Park or Greenbelt View
  • First Floor Utility Room
  • Slate Run Elementary School Rated A-
  • 3 Fireplaces
  • Balcony

About This Home

As of May 2021

Elegant custom home offers unparalleled craftsmanship and exceptional amenities! This 2 story 4 bedroom brick home is truly remarkable inside and out. Features include original hardwood flooring under the carpet. There are three fireplaces throughout the home, one is gas while the other 2 wood burning. The home features 3 bathrooms. On the main level there is a formal living room, a dining room and even an enormous family room addition with high beamed ceilings and big windows to enjoy the view. Newer energy efficient windows provide plenty of natural lighting through out the entire home. Upstairs there are 4 XXL bedrooms. The main bedroom boasts a private 2nd story deck. The full finished lower level is just another option for living the good life. The expansive .6 acre yard has endless possibilities to add a pool, great for entertaining, storage, plus STUNNING. High demand area. Great structure and bones are waiting for new owners to bring their decorating ideas. Please note this is a one owner home and has been loving maintained. There is no central air conditioner in the home, the previous owner has been comfortable with window units. Wonderful opportunity! Sq ft & rm sz approx.

Last Agent to Sell the Property

Candice Ritchie

Green Tree Real Estate Services License #RB19000968 Listed on: 04/20/2021

Co-Listed By

Lisa Donohue

Green Tree Real Estate Services License #RB14050179

Last Buyer's Agent

Annette Coxon

RE/MAX Advantage License #RB14040301

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 1962

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 98 x 275
  • Street terminates at a dead end

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Slab Foundation

Interior Spaces

  • 3,596 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Screens
  • Entrance Foyer
  • Family Room
  • First Floor Utility Room
  • Dryer
  • Park or Greenbelt Views
  • Self-Cleaning Oven
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Gas Available
  • Well
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502901482000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,276

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Improvements: 188400
  • Annual Tax: 2276
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Slab, Unknown
  • Land Assessment: 28800
  • Legal Description: P. 701 L. 1-2
  • Lot Dimensions: 98 x 275
  • Numof Fireplaces: 3
  • Out Buildings: Garage
  • Parcel Number: 220502901482000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 217200
  • Total Deduction Amnt: 123195
  • Total Finished Square Footage: 3596
  • Type: 2 Story
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Finished
  • Above Grade Finished Sq Ft: 2644.00
  • Appliances: Clothes Dryer, Garage Door Opener, Oven Self Clean, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Gas Burning, Woodburning
  • Interior Amenities: 1st Floor Utility, Ceiling Fan(s), Family Room, Foyer
  • Lot Sq Ft: 26920.08
  • Room Count: 14
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 3596
  • Total Rooms: 11

Exterior Features

  • Exterior Features: Balcony, Screens

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Gas
  • Heat Type: Steam
  • Water: Well
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.6180
  • Lot Description: Dead End Street, Park-Like View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
May 26, 2021
Sold by
Barks Sue Ann
Bought by
Lewis Jane K and Mappins Betty H
Seller's Agent
Candice Ritchie
Green Tree Real Estate Services
Buyer's Agent
Annette Coxon
RE/MAX Advantage
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Total Days on Market
4
Current Estimated Value
$340,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,620
Avg. Annual Appreciation
5.91%
Original Mortgage
$260,200
Outstanding Balance
$238,461
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$89,481

Purchase Details

Closed on
Mar 28, 2006
Sold by
Thompson Mary and Thompson Gene W
Bought by
Cotner Patricia J and Barks Sue Ann
Source: Public Records

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 Buyer Sale Price Title Company
Lewis Jane K -- None Available
Cotner Patricia J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Jane K $8,537
Open Lewis Jane K $22,565
Open Lewis Jane K $260,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $260,000 -3.7% $72 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $269,900 -- $75 / 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 $2,698 $286,800 $28,800 $258,000
2023 $2,698 $253,300 $28,800 $224,500
2022 $2,643 $246,900 $28,800 $218,100
2021 $2,411 $226,900 $28,800 $198,100
2020 $2,276 $217,200 $28,800 $188,400
2019 $1,901 $198,900 $28,800 $170,100
2018 $1,858 $197,100 $28,800 $168,300
2017 $1,574 $177,900 $28,800 $149,100
2016 $1,435 $176,300 $28,800 $147,500
2014 $1,370 $163,700 $28,800 $134,900
2013 -- $173,200 $28,800 $144,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202107129

Southern Indiana REALTORS® Association

APN: 22-05-02-901-482.000-008