NOT LISTED FOR SALE

1605 E Elm St New Albany, IN 47150

Estimated Value: $263,000 - $380,000

5 Beds
2 Baths
2,104 Sq Ft
$144/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $234,900 $112 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,744/month

Highlights

  • Covered Patio or Porch
  • Fenced Yard
  • Walk-In Closet
  • First Floor Utility Room
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

Great home in downtown New Albany. This home takes you back in history with a large covered front porch, high ceilings on both floors and hardwood floors throughout. This home has 5 huge bedrooms. These bedrooms could be used as offices, library, fitness, etc… The kitchen has a tiled backsplash w/ laundry located off the kitchen with access to a large back deck. The home has a detached outbuilding/workshop/garage that was added in 2020. There is ample parking in the rear for 4 vehicles (2 inside garage-2 on parking pad). Call us for a showing today!

Last Agent to Sell the Property

John Finnegan

Weichert Realtors-ABG Properties License #RB14037890 Listed on: 01/12/2022

Weichert Realtors-ABG Properties

Co-Listed By

Jill Finnegan

Weichert Realtors-ABG Properties License #RB14045006

Last Buyer's Agent

Matthew Henegar

RE/MAX FIRST License #RB17002087

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 40 x 160
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Frame Construction

Interior Spaces

  • 2,104 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 22050280062700008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,354

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Annual Tax: 2354
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Crawl Space
  • Legal Description: p.13; W 15' L.100; & E 25'; L.98; UP ELM
  • Lot Dimensions: 40 x 160
  • Out Buildings: Garage
  • Parcel Number: 22050280062700008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2104
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 2104.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Interior Amenities: 1st Floor Utility, Ceiling Fan(s), Walk-In Closet(s)
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 2104

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Public Sidewalk

Garage/Parking

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

Utilities

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

Lot Info

  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Jan 17, 2022
Sold by
Venegas and Jordan
Bought by
Kime Corey A and Kime Samantha
Seller's Agent
John Finnegan
Weichert Realtors-ABG Properties
Buyer's Agent
Matthew Henegar
RE/MAX FIRST
List Price
$245,000
Sold Price
$234,900
Premium/Discount to List
-$10,100
-4.12%
Current Estimated Value
$303,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,559
Avg. Annual Appreciation
7.23%
Original Mortgage
$227,853
Outstanding Balance
$211,539
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$91,920

Purchase Details

Listed on
Aug 31, 2015
Closed on
Dec 18, 2015
Sold by
Porch Joshua and Porch Elisabeth
Bought by
Venegas Megan and Venegas Jordan
Seller's Agent
Rachel Dreyer
Keller Williams Realty Louisville East
Buyer's Agent
Jennifer Yeats
eXp Realty, LLC
List Price
$139,900
Sold Price
$127,500
Premium/Discount to List
-$12,400
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$121,125
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2007
Sold by
Reinhardt Rebecca A and Reinhardt Robert L
Bought by
Porch Joshua and Porch Elisabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kime Corey A $469,800 Young Lind Endres & Kraft
Venegas Megan -- Executive Title
Porch Joshua -- Infinity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kime Corey A $227,853
Previous Owner Venegas Megan $121,125
Previous Owner Porch Joshua $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2022 02/25/22 Sold $234,900 0.0% $112 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/21/2022 01/21/22 Price Changed $234,900 -4.1% $112 / Sq Ft
01/12/2022 01/12/22 For Sale $245,000 +92.2% $116 / Sq Ft
12/18/2015 12/18/15 Sold $127,500 -8.9% $53 / Sq Ft View Prior Sale
11/10/2015 11/10/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $139,900 -- $58 / 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 $1,738 $164,800 $14,900 $149,900
2023 $1,658 $137,400 $14,900 $122,500
2022 $1,716 $141,900 $14,900 $127,000
2021 $2,351 $108,700 $14,900 $93,800
2020 $2,354 $108,700 $14,900 $93,800
2019 $2,223 $102,600 $14,900 $87,700
2018 $2,081 $95,500 $14,900 $80,600
2017 $2,120 $95,600 $14,900 $80,700
2016 $1,903 $94,700 $14,900 $79,800
2014 $764 $88,200 $14,900 $73,300
2013 -- $91,300 $14,900 $76,400
Source: Public Records

Agents Affiliated with this Home

  • John Finnegan

    Seller's Agent in 2022

    John Finnegan

    Weichert Realtors-ABG Properties

    (502) 442-1995

    3 in this area

    74 Total Sales

    John Finnegan
    Section Image
  • Jill Finnegan

    Seller Co-Listing Agent in 2022

    Jill Finnegan

    Weichert Realtors-ABG Properties

    (812) 987-8848

    14 in this area

    99 Total Sales

    Jill Finnegan
    Section Image
  • Matthew Henegar

    Buyer's Agent in 2022

    Matthew Henegar

    RE/MAX

    (812) 704-7571

    61 in this area

    302 Total Sales

    Matthew Henegar
    Section Image
  • Rachel Dreyer

    Seller's Agent in 2015

    Rachel Dreyer

    Keller Williams Realty Louisville East

    (502) 386-3669

    25 in this area

    177 Total Sales

    Rachel Dreyer
    Section Image

  • J

    Buyer's Agent in 2015

    Jennifer Yeats

    eXp Realty, LLC

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202205260

Southern Indiana REALTORS® Association

APN: 22-05-02-800-627.000-008

Indiana Floyd County New Albany 47150

1605 E Elm St, New Albany, IN

Not Listed for Sale

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Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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