NOT LISTED FOR SALE

1603 State St New Albany, IN 47150

Estimated Value: $101,000 - $179,000

2 Beds
1 Bath
1,433 Sq Ft
$104/Sq Ft Est. Value

Last Sold December 05, 2013

Last sale price $36,000 $25 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $972/month

22 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • 1-Story Property
  • Enclosed patio or porch
  • Eat-In Kitchen
  • Landscaped

About This Home

As of December 2013

ABSOLUTE AUCTION, Wednesday, November 13, 2013 at 5PM. Selling absolute with no reserve to the highest bidder a 1216 square foot home or office on 72' x 140' lot with high visibility in a high traffic area in the business and medical corridor of New Albany near hospital. Property zoned R-03 Multi-Family Office. Home features partially finished basement, enclosed porches & 2-car 24' x 24' attached garage. Home needs renovations. Defective central air and plumbing. A great opportunity to own at your price.Selling as is with no contingencies. Inspections welcomed prior to auction. 10% Non-Refundable down payment auction day balance due in 30 days. Square footage of home and lot size per courthouse records. OPEN HOUSE Thursday, November 7, 5-7PM.

Last Listed By

Douglas Harritt

Harritt Group, Inc License #RB14019478 Listed on: 10/22/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 10,062 Sq Ft Lot
  • Lot Dimensions are 72 x 140
  • Landscaped
  • Corner Lot
  • Property is zoned Multi Family

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,433 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220503400249000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Improvements: 54000
  • Annual Tax: 1470
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 18300
  • Legal Description: DIST:0005 CITY/MUNI/TWP:NEW ALBANY TOWNSHIP P. 204 L. 12 S 22' L. 14 MP 111.0100019.0000
  • Lot Dimensions: 72 x 140
  • Parcel Number: 220503400249000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 72300
  • Total Finished Square Footage: 1433
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Crawl Space, Partially Finished
  • Above Grade Finished Sq Ft: 1216.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: Eat-In Kitchen
  • Lot Measurement: Acres
  • Lot Sq Ft: 10062.00
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1433
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Enclosed Porch, Landscaped
  • Road Frontage: 72'

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.2300
  • Lot Description: Corner Lot
  • Zoning: Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2015
Sold by
Stumler Lane A and Drury Michael J
Bought by
Drurylane Properties Llc
Total Days on Market
22
Current Estimated Value
$148,347

Purchase Details

Listed on
Oct 22, 2013
Closed on
Dec 5, 2013
Sold by
Cook Phillip J and Cook Julie L
Bought by
Stumler Lane A and Druryh Michael J
Seller's Agent
Douglas Harritt
Harritt Group, Inc
Buyer's Agent
Douglas Harritt
Harritt Group, Inc
List Price
$36,000
Sold Price
$36,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$28,800
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2009
Sold by
Yost Joseph A and Yost Joann
Bought by
Cook Phillip J and Cook Julie L

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in New Albany, IN

  • 416 W 7th St, New Albany, IN 47150

    $184,900

    • 2 Beds
    • 1 Bath
    • 962 Sq Ft
    • 416 W 7th St
    • New Albany, IN

    Charming Brand New Construction in the heart of New Albany. Spacious 2 Bedrooms and 1 Bath for under $195,000! State Statutory New Construction Warranty, new stainless steel appliances (Refrigerator not included), Luxury Vinyl Plank (LVP) floors throughout, Separate Laundry and utility room, and a back deck for your enjoyment overlooking the backyard. This home is approximately 90 days from

    Debbie Brown Ward Realty Services

    Section Image
  • 330 E 16th St, New Albany, IN 47150

    $184,900

    • 2 Beds
    • 1 Bath
    • 1,008 Sq Ft
    • 330 E 16th St
    • New Albany, IN

    BRAND NEW CONSTRUCTION FOR UNDER $190,000! Be the first to call this beautifully built 2 bedroom, 1 bath home your own! Thoughtfully designed for modern living, this home features Luxury Vinyl Plank floors throughout, combining durability and contemporary style. The open concept living area flows into the sleek kitchen equipped with stainless steel appliances including a range/oven, microwave,

    Debbie Brown Ward Realty Services

    Section Image
  • 221 Olive Ave, New Albany, IN 47150

    $130,000

    • 2 Beds
    • 2 Baths
    • 1,583 Sq Ft
    • 221 Olive Ave
    • New Albany, IN

    Step into the timeless elegance of this historic Queen Anne home. Listed for less than appraised value. Original hardwood floors flow throughout, complemented by large windows that fill the space with natural light. 10-foot ceilings enhance the home's open, airy atmosphere. This charming residence offers two spacious bedrooms, two full bathrooms, a generous den or office, and a formal dining

    Mackenzie Hopper Lopp Real Estate Brokers

    Section Image
  • 1107 Griffin St, New Albany, IN 47150

    $139,000

    • 2 Beds
    • 1 Bath
    • 784 Sq Ft
    • 1107 Griffin St
    • New Albany, IN

    Charming Opportunity in the Heart of New Albany!Welcome to 1107 Griffin Street — a fantastic investment property or perfect starter home with endless potential! This cozy home offers a functional layout with a comfortable living space, a spacious kitchen, and plenty of natural light. Whether you're a first-time buyer ready to build equity or an investor looking for a solid rental in a growing

    Andrea Murphy Homepage Realty

    Section Image
  • 914 Pearl St, New Albany, IN 47150

    $159,000

    • 3 Beds
    • 1 Bath
    • 1,440 Sq Ft
    • 914 Pearl St
    • New Albany, IN

    This fully renovated home in the heart of New Albany offers a fresh start with updates throughout. Featuring new HVAC, LVP flooring, and fresh paint, this property is move-in ready with room to add your own personal touch.The kitchen has been completely updated with new cabinetry, countertops, and appliances, providing a refreshed space that blends style and functionality. The home

    Joe Wootan

    Section Image
  • 2206 Green Valley Rd, New Albany, IN 47150

    $179,000

    • 2 Beds
    • 1 Bath
    • 1,852 Sq Ft
    • 2206 Green Valley Rd
    • New Albany, IN

    FABULOUS LOCATION Zoned Mixed Density Residential. This property is in a high traffic area with lots of potential. The former residence has approx. 1700 sq.ft. The property is surrounded by medical facilities and across the street from The Kroger Superstore. A premier spot to Renovate the current building or use the large lot to build your own business. Close access to State Street and I-265.

    Teresa Moody RE/MAX Advantage

    Section Image
  • 722 Mosier Ave, New Albany, IN 47150

    $165,000

    • 2 Beds
    • 1 Bath
    • 907 Sq Ft
    • 722 Mosier Ave
    • New Albany, IN

    Looking for a newly remodeled home that won't break the bank? This is the one! The list of improvements include: new roof, new exterior doors, new tankless water heater, new HVAC, new flooring, new suite of beautiful stainless steel appliances and new stacked washer/dryer, new lighting, new ceiling fans, new paint...all as of September 2022. All this along with a good sized, private, fenced in

    Jordan Rajchel Keller Williams Louisville

    Section Image
  • 1512 Locust St, New Albany, IN 47150

    $124,900

    • 2 Beds
    • 1 Bath
    • 832 Sq Ft
    • 1512 Locust St
    • New Albany, IN

    Unlock significant potential with this 2-bedroom property awaiting transformation! While currently a diamond in the rough, this home presents a fantastic investment opportunity or a chance to create your ideal space as a starter home with room to customize. Imagine the possibilities from the welcoming covered front porch. Inside, the 832 sq ft layout offers a functional footprint, featuring an

    Jesse Allen Keller Williams Louisville

    Section Image
  • 1525 E Oak St, New Albany, IN 47150

    $125,000

    • 3 Beds
    • 1 Bath
    • 1,136 Sq Ft
    • 1525 E Oak St
    • New Albany, IN

    So much potential in a prime New Albany location! This 3-bedroom, 1-bathroom home is a great opportunity for investors or anyone looking to add value with some TLC. Situated in a desirable area, this property offers strong potential for a rental or resale. Square footage, lot size, and utility information are approximate—buyer to verify. Home is being sold as-is.

    Stephannie Wilson Schuler Bauer Real Estate Services ERA Powered (N

    Section Image

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
Drurylane Properties Llc -- --
Stumler Lane A -- --
Cook Phillip J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stumler Lane A $28,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2013 12/05/13 Sold $36,000 0.0% $25 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
10/22/2013 10/22/13 For Sale $36,000 -- $25 / 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 $1,748 $94,100 $18,300 $75,800
2023 $1,748 $81,900 $18,300 $63,600
2022 $1,693 $79,300 $18,300 $61,000
2021 $1,461 $67,900 $18,300 $49,600
2020 $1,414 $65,600 $18,300 $47,300
2019 $1,415 $65,600 $18,300 $47,300
2018 $1,291 $59,500 $18,300 $41,200
2017 $1,312 $59,400 $18,300 $41,100
2016 $1,053 $52,600 $18,300 $34,300
2014 -- $57,300 $18,200 $39,100
2013 -- $72,300 $18,300 $54,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201307678

Southern Indiana REALTORS® Association

APN: 22-05-03-400-249.000-008