NOT LISTED FOR SALE

1605 E Elm St New Albany, IN 47150

Estimated Value: $264,000 - $301,000

5 Beds
2 Baths
2,104 Sq Ft
$133/Sq Ft Est. Value

Last Sold February 25, 2022

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

Est. 19% increase in value since last sale

Current estimated payment $1,697/month

13 Days on Market

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 Listed By

John Finnegan

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

Weichert Realtors-ABG Properties

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

  • Improvements: 93800
  • Additional Assessor Parcel Numbers: 008-68600-19
  • Annual Tax: 2354
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Crawl Space
  • Land Assessment: 14900
  • Legal Description: p.13; W 15' L.100; & E 25'; L.98; UP ELM
  • Lot Dimensions: 40 x 160
  • Open House Count: 1
  • Out Buildings: Garage
  • Parcel Number: 22050280062700008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 108700
  • 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)
  • Room Count: 10
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 2104
  • Total Rooms: 8

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

Schools

  • School District: New Albany-Floyd Cty

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%
Total Days on Market
13
Current Estimated Value
$279,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,008
Avg. Annual Appreciation
5.07%
Original Mortgage
$227,853
Outstanding Balance
$213,895
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$61,796

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

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
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 $110,848
Previous Owner Venegas Megan $111,559
Previous Owner Venegas Megan $121,125
Previous Owner Porch Joshua $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 $1,658 $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

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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