NOT LISTED FOR SALE

1603 State St New Albany, IN 47150

Estimated Value: $97,000 - $180,000

2 Beds
1 Bath
1,433 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 05, 2013

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

Est. 329% increase in value since last sale

Current estimated payment $964/month

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 Agent to Sell the Property

Douglas Harritt

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

Last Buyer's Agent

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
Current Estimated Value
$154,363

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
12.84%
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
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
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

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201307678

Southern Indiana REALTORS® Association

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