NOT LISTED FOR SALE

1609 E Elm St New Albany, IN 47150

Estimated Value: $157,000 - $177,000

3 Beds
1 Bath
1,115 Sq Ft
$153/Sq Ft Est. Value

Last Sold April 26, 2016

Last sale price $87,900 $79 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $998/month

33 Days on Market

Highlights

  • Eat-In Kitchen
  • Shed
  • Forced Air Heating and Cooling System
  • Storage
  • 1-Story Property
  • Ceiling Fan

About This Home

As of April 2016

Welcome Home to 1609 E. Elm Street, New Albany, IN 47150. Don't miss out on this gem just waiting for you to become the new owner. From the moment you pull up you are invited in by the charming front porch and welcomed into a large family room filled with natural light! Continuing thru this charming home you will find 3 Bedrooms, 1 Full Bath a large eat in Kitchen with updated cabinets, appliances and counter tops! Neutral paint, tons of natural light and first floor Laundry finish off the main floor wonderfully. The fenced in backyard with Storage Shed is great for entertaining, gardening and enjoying the good life. What's that I hear? You need tons of storage? Not to worry this home has a clean, large crawl space accessed via the enclosed mini porch perfect for storing those items you don't need everyday. Nothing to do here but unpack, kick up your feet and relax as you enjoy your move-in-ready home.

Last Agent to Sell the Property

Sara LeGaspi

Keller Williams Realty-East License #RB16000226 Listed on: 02/19/2016

Keller Williams Realty-East

Last Buyer's Agent

Sara LeGaspi

Keller Williams Realty-East License #RB16000226 Listed on: 02/19/2016

Keller Williams Realty-East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $379

Year Built

  • Built in 1929

Lot Details

  • 4,792

Home Design

  • Frame Construction

Interior Spaces

  • 1,115 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Cellar
  • Crawl Space

Utilities

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

Additional Features

  • Shed
  • 4,792 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 220502800628000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$379

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 52000
  • Annual Tax: 379
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Crawl Space
  • Land Assessment: 12800
  • Legal Description: P. 13 W 30' OF E 35' L. 100
  • Out Buildings: Shed
  • Parcel Number: 220502800628000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 64800
  • Total Finished Square Footage: 1115
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar, Unfinished
  • Above Grade Finished Sq Ft: 1115.00
  • Appliances: Dishwasher, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, Added Storage, Bath Master, Ceiling Fan(s), Eat-In Kitchen, Family Room, Utility/Mud Room
  • Lot Measurement: Acres
  • Lot Sq Ft: 4792.00
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1115
  • Total Rooms: 6

Garage/Parking

  • Garage Spaces: 0

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: 0.1100
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
Apr 26, 2016
Sold by
Layman Michael A
Bought by
Seger Julia
Seller's Agent
Sara LeGaspi
Keller Williams Realty-East
Buyer's Agent
Sara LeGaspi
Keller Williams Realty-East
List Price
$86,500
Sold Price
$87,900
Premium/Discount to List
$1,400
1.62%
Current Estimated Value
$170,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,185
Avg. Annual Appreciation
7.69%
Original Mortgage
$86,307
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2010
Sold by
Wilson Jane
Bought by
Layman Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,350
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2009
Sold by
Citimortgage Inc
Bought by
Wilson Jane

Purchase Details

Closed on
Jun 29, 2009
Sold by
Estes Kenneth W and Estes Cathy
Bought by
Citimortgage Inc

Purchase Details

Closed on
Feb 13, 2006
Sold by
Gp Enterprises Llc
Bought by
Estes Kenneth W and Estes Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.2%
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
Seger Julia -- --
Layman Michael A -- Executive Title Company
Wilson Jane -- None Available
Citimortgage Inc $37,038 None Available
Estes Kenneth W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seger Julia $83,500
Closed Seger Julia $86,307
Previous Owner Layman Michael A $78,000
Previous Owner Layman Michael A $82,922
Previous Owner Layman Michael A $84,350
Previous Owner Estes Cathy $68,000
Previous Owner Estes Kenneth W $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2016 04/26/16 Sold $87,900 +1.6% $79 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $86,500 -- $78 / 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 $700 $107,600 $12,800 $94,800
2023 $700 $89,800 $12,800 $77,000
2022 $775 $92,600 $12,800 $79,800
2021 $552 $80,300 $12,800 $67,500
2020 $533 $80,300 $12,800 $67,500
2019 $446 $75,800 $12,800 $63,000
2018 $410 $70,700 $12,800 $57,900
2017 $415 $70,400 $12,800 $57,600
2016 $378 $69,600 $12,800 $56,800
2014 $379 $64,800 $12,800 $52,000
2013 -- $66,600 $12,800 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201601108

Southern Indiana REALTORS® Association

APN: 22-05-02-800-628.000-008