$1,195
SOLD OCT 3, 2024

1601 E Main St New Albany, IN 47150

1 Bed
1 Bath
1,074 Sq Ft
1.5 Acres

Recently Sold

$1 Per Sq Ft

414 Days on Market

Highlights

  • Deck
  • Balcony
  • Porch
  • No HOA
  • 1 Car Detached Garage
  • Patio

About This Home

As of January 2025

Welcome to Marvin Gardens this brand-new apartment complex located on Main St in New Albany. Complex has have a mixture of one and two bedroom apartments available with access to a private gym, private garages and additional storage. Units range from $1095-1,450/month depending on size and bedrooms. There are four large Terrace one-bedroom units with access to private rooftop with river views. $75 a month utility fee covers high speed internet and Wi-Fi and Garbage.

Last Agent to Sell the Property

Brian Stocker

Property Management of Louisville LLC License #210821 Listed on: 08/16/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,548

Year Built

  • Built in 2023

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete

Interior Spaces

  • 1,074 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 82736465

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,548

Year Built

Built in 2023

Lot Details

0

Parking

1

Listing Details

  • Cooling System: Central Air
  • Stories: 3
  • Lot Dimensions: 1.5
  • Property Sub Type: Apartment
  • Property Type: Residential Rental
  • Garage Yn: Yes
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1074.0
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Dining Room Level: First
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Cooling Central Air: Yes
  • Construction:Wood Frame: Yes
  • Sewer Public Sewer2: Yes
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Bedroom Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 6
  • Stories: 3
  • BasementFoundation:Poured Concrete: Yes
  • Basement:None6: Yes

Exterior Features

  • Fencing: None
  • Roof: Other
  • Acres: 1.5
  • Construction Type: Other, Wood Frame, Brick Veneer
  • Exterior Features: Balcony, See Remarks
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Deck, Patio, Porch
  • Patio And Porch Features:Deck2: Yes
  • Patio and Porch Features:Porch2: Yes
  • Construction:Brick Veneer: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Detached, See Remarks
  • General Property Description:Garage Spaces: 1
  • GarageParking:Detached: Yes

Utilities

  • Utilities: Electricity Connected, Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Sub Condo Amenities Location Of Parking: Garage
  • Sub Condo Amenities Year Building Built: 2023
  • Association: No

Lot Info

  • Lot Size Sq Ft: 1.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 82736465
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: See Remarks, Sewer, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Neace Grandchildrens Trust
Bought by
Main Street 24 Llc
Current Estimated Value
$1,601,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,730,000
Outstanding Balance
$2,625,989
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2019
Sold by
Neace Family Llc
Bought by
Jfn Llc

Purchase Details

Closed on
Jul 25, 2017
Sold by
Jim Sutton Enterprises Llc
Bought by
Jim Sutton Farms Llc

Purchase Details

Closed on
Jun 12, 2013
Sold by
Goulding Poa Wanda L
Bought by
Sutton Jim

Purchase Details

Closed on
Aug 3, 2007
Sold by
Goulding John M
Bought by
Sutton Properties Of Kentuckiana Llc
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Quit Claim Deed -- None Available
Deed -- --
Deed $150,000 --
Land Contract -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,730,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2025 01/01/25 Sold $1,195 0.0% $1 / Sq Ft
05/09/2024 05/09/24 Price Changed $995 0.0% $1 / Sq Ft
05/09/2024 05/09/24 Price Changed $1,195 -4.4% $1 / Sq Ft
05/01/2024 05/01/24 Price Changed $1,250 -3.5% $1 / Sq Ft
04/23/2024 04/23/24 Price Changed $1,295 0.0% $1 / Sq Ft
04/04/2024 04/04/24 Price Changed $1,050 +9.9% $1 / Sq Ft
03/06/2024 03/06/24 Price Changed $955 -4.0% $1 / Sq Ft
01/22/2024 01/22/24 Price Changed $995 0.0% $1 / Sq Ft
11/28/2023 11/28/23 For Sale $1,450 0.0% $1 / Sq Ft
10/18/2023 10/18/23 Price Changed $1,050 +5.5% $1 / Sq Ft
10/11/2023 10/11/23 For Rent $995 -- --
Source: Metro Search (Greater Louisville Association of REALTORS®)

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 $3,548 $2,337,600 $467,500 $1,870,100
2023 $3,548 $122,400 $86,900 $35,500
2022 $3,586 $123,700 $86,900 $36,800
2021 $3,522 $120,900 $86,900 $34,000
2020 $3,440 $121,000 $86,900 $34,100
2019 $3,331 $121,000 $86,900 $34,100
2018 $3,455 $120,700 $86,900 $33,800
2017 $5,260 $120,400 $86,900 $33,500
2016 $3,105 $120,100 $86,900 $33,200
2014 $3,777 $124,100 $87,000 $37,100
2013 -- $122,900 $87,000 $35,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1643289

Metro Search (Greater Louisville Association of REALTORS®)

APN: 22-05-02-801-231.000-008