$37,500
SOLD MAY 3, 2019

1606 Old Ford Rd New Albany, IN 47150

2 Beds
1 Bath
896 Sq Ft
0.28 Acres

Recently Sold

$42 Per Sq Ft

6% Below List Price

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Slate Run Elementary School Rated A-
  • 1-Story Property

About This Home

As of September 2019

WE SELL REAL ESTATE!!! Ready too roll up your sleeves and go to work this handyman special is ready for you. 2 bedrooms 1 bathroom fenced in back yard and paved drive. Eat-in kitchen, nice size bedrooms. Possession will NOT be at closing. The seller must be FUNDED and Seller Signed Documents must be signed before Possession. The seller and its affiliates reserve the right to accept any offer at any time during any property's duration on the market. Please note that Seller may not always accept the highest offer or even a full priced offer as some offers come with contingencies, conditions or long closing times. Any email stating that an offer has been approved does not officially mean Seller has to honor that offer. An offer is only officially accepted when a Seller generated contract is signed by both parties. Selling Agent and buyer are o verify taxes, SQFT, lot size via survey, and all other amenities. Neither Seller nor the Listing Broker has any knowledge of subject condition not limited to septic, HOA, plumbing, HVAC, and electrical. This property is eligible under the First Look Initiative owner occupied buyers which expire after 20 full days on market. No offers regardless of buyer type will not be negotiated within the first 7 days of listing. (Buyers/agents are requested to be patient.) Viewing release must be signed and returned to my office before showing this property.

Last Agent to Sell the Property

Barbara Roth

Diamond Homes Real Estate, Inc. License #RB14029387 Listed on: 02/14/2019

Last Buyer's Agent

Ashton Guthrie

Guthrie Realty Services LLC License #RB14047722

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 44x244

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Wood Trim

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220504400254000008

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Improvements: 32600
  • Additional Parking: Off Street
  • Annual Tax: 998
  • Appointment: Not Needed
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Land Assessment: 12600
  • Legal Description: 44 ILL. GNT. .2843 AC.
  • Lot Dimensions: 44x244
  • Parcel Number: 220504400254000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 45200
  • Total Finished Square Footage: 896
  • Type: 1 Story
  • Year Built: 1940
  • Special Features: 20

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 896.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: Eat-In Kitchen, Natural Wood Trim
  • Lot Sq Ft: 12196.80
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 896
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Porch, Porch

Utilities

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

Lot Info

  • Acres: 0.2800
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Sep 6, 2019
Sold by
Guthrie Kevin Ashton
Bought by
Pait Austin
Seller's Agent
Ashton Guthrie
Guthrie Realty Services LLC
Buyer's Agent
Mallory Annis
RE/MAX FIRST
List Price
$104,900
Sold Price
$91,400
Premium/Discount to List
-$13,500
-12.87%
Current Estimated Value
$149,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,886
Avg. Annual Appreciation
6.13%
Original Mortgage
$89,744
Outstanding Balance
$79,462
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$51,297

Purchase Details

Listed on
Feb 14, 2019
Closed on
Apr 25, 2019
Sold by
Dyris Llc
Bought by
Guthrie Kevin Ashton
Seller's Agent
Barbara Roth
Diamond Homes Real Estate, Inc.
Buyer's Agent
Ashton Guthrie
Guthrie Realty Services LLC
List Price
$39,900
Sold Price
$37,500
Premium/Discount to List
-$2,400
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1174.89%

Purchase Details

Closed on
Jan 17, 2019
Sold by
Floyd County Sheriff
Bought by
Pretium Mortgage Acquisition T
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 Type Sale Price Title Company
Warranty Deed -- None Available
Special Warranty Deed $37,500 None Available
Special Warranty Deed -- None Available
Sheriffs Deed $50,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $89,744 FHA
Closed $89,744 FHA
Previous Owner $72,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2019 09/09/19 Sold $91,400 +1.7% $102 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/09/2019 07/09/19 Price Changed $89,900 -5.3% $100 / Sq Ft
07/02/2019 07/02/19 Price Changed $94,900 -5.0% $106 / Sq Ft
06/25/2019 06/25/19 Price Changed $99,900 -4.8% $111 / Sq Ft
06/24/2019 06/24/19 For Sale $104,900 +179.7% $117 / Sq Ft
05/03/2019 05/03/19 Sold $37,500 -6.0% $42 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $39,900 0.0% $45 / Sq Ft
03/22/2019 03/22/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $39,900 -- $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 $672 $47,700 $12,900 $34,800
2023 $672 $48,500 $12,900 $35,600
2022 $346 $48,900 $12,900 $36,000
2021 $324 $46,000 $12,900 $33,100
2020 $311 $45,700 $12,600 $33,100
2019 $225 $45,700 $12,600 $33,100
2018 $240 $48,200 $12,600 $35,600
2017 $224 $45,200 $12,600 $32,600
2016 $538 $44,900 $12,600 $32,300
2014 $522 $45,100 $12,600 $32,500
2013 -- $44,000 $12,600 $31,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201905866

Southern Indiana REALTORS® Association

APN: 22-05-04-400-254.000-008