NOT LISTED FOR SALE

1602 E Spring St New Albany, IN 47150

Estimated Value: $174,000 - $297,000

5 Beds
2 Baths
3,128 Sq Ft
$78/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $138,000 $44 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,707/month

11 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Walk-Up Access
  • Landscaped
  • Ceiling Fan

About This Home

As of August 2018

Duplex, New Albany, >10% return. Leased with 12 month contracts. 3/1 $910 1st floor and 2/1 $750 upstairs. Offered at $139,900. Tenants pay gas/electric. Fully occupied since purchased. New HVAC on downstairs unit and Heater upstairs. New appliances and flooring in 1st floor unit. New paint exterior, 2017. 1,100 + sq ft in basement with 2 washer/dryer hook ups.

Last Listed By

Bobby Bass

Bass Group Real Estate License #RB14043299 Listed on: 06/27/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot
  • Landscaped

Home Design

  • Frame Construction

Interior Spaces

  • 3,128 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Ceramic Tile in Bathrooms

Unfinished Basement

  • Walk-Up Access
  • Exterior Basement Entry

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Gas Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 220502800658000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,150

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 84000
  • Additional Parking: On Street
  • Annual Tax: 2150
  • Appointment: 24 Hour Notice
  • Construction: Existing, Frame On-Site
  • Foundation: Unknown
  • Land Assessment: 13000
  • Legal Description: P.13 W 40'L.87 1602 E. SPRING ST.
  • Parcel Number: 220502800658000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 97000
  • Total Finished Square Footage: 3128
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Outside Entrance, Unfinished, Walkup
  • Above Grade Finished Sq Ft: 3128.00
  • Appliances: Dishwasher, Disposal, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Interior Amenities: Cable Wired, Ceiling Fan(s), Ceramic Bath
  • Lot Sq Ft: 4791.60
  • Room Count: 10
  • Sewer Type: Sewer
  • Total Sq Ft: 3128
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Covered Porch, Landscaped, Porch, Public Sidewalk

Garage/Parking

  • Garage Type: Off Street

Utilities

  • Cooling Type: Central Air, Window A/C Unit(s)
  • Fuel Type: Electric, Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1100
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2018
Closed on
Aug 10, 2018
Sold by
Bass Ysha
Bought by
Chats Trust
Seller's Agent
Bobby Bass
Bass Group Real Estate
Buyer's Agent
Cameo Bennett
Six Degrees Real Estate LLC
List Price
$139,900
Sold Price
$138,000
Premium/Discount to List
-$1,900
-1.36%
Total Days on Market
11
Current Estimated Value
$244,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,056
Avg. Annual Appreciation
8.54%

Range of Values:

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Average Value
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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
Chats Trust -- None Available
Bass Ysha -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $138,000 -1.4% $44 / Sq Ft
07/08/2018 07/08/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $139,900 -- $45 / 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 $4,178 $150,900 $13,000 $137,900
2023 $4,178 $124,900 $13,000 $111,900
2022 $2,757 $129,100 $13,000 $116,100
2021 $2,395 $111,300 $13,000 $98,300
2020 $2,399 $111,300 $13,000 $98,300
2019 $2,259 $104,700 $13,000 $91,700
2018 $2,112 $97,300 $13,000 $84,300
2017 $3,117 $97,000 $13,000 $84,000
2016 $1,922 $96,100 $13,000 $83,100
2014 $1,752 $87,600 $13,000 $74,600
2013 -- $90,200 $13,000 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201809999

Southern Indiana REALTORS® Association

APN: 22-05-02-800-658.000-008