NOT LISTED FOR SALE

1616 E Main St New Albany, IN 47150

Estimated Value: $156,000 - $240,000

3 Beds
1 Bath
1,610 Sq Ft
$116/Sq Ft Est. Value

Last Sold July 29, 2013

Last sale price $50,600 $31 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $1,140/month

46 Days on Market

About This Home

As of July 2013

ABSOLUTE ON LINE ONLY REAL ESTATE AUCTION, BIDDING ENDS ON WED. JUNE 26! NO RESERVE-SELLS TO HIGH BIDDER! Terms: 10% non-refundable down payment, remainder due within 30 days, sold AS-IS, not subject to financing. INFO: Includes a 1929 built 1.5 story frame home with approx. 1610 sf, 3BR/1BA. Highlights: New doors, new cabinets/counter tops, alarm system, wide plank hardwood floors, recent natural gas forced air furnace & recent roof. Includes large back yard, electric water heater, central air & sits on a 24' x 185' lot. City water and sewer. (One of 8 properties selling June 26). Lot & home dimensions to be verified by buyer/buyer agent.

Last Agent to Sell the Property

Brian Beckort

Beckort Auctions, LLC License #RB14035061 Listed on: 05/13/2013

Last Buyer's Agent

Brian Beckort

Beckort Auctions, LLC License #RB14035061 Listed on: 05/13/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 24' x 185'

Home Design

  • Frame Construction

Interior Spaces

  • 1,610 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502800947000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$970

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 41300
  • Annual Tax: 970
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 7200
  • Legal Description: P. 42; 25 x 185 Prt L 3
  • Lot Dimensions: 24' x 185'
  • Parcel Number: 220502800947000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 48500
  • Total Finished Square Footage: 1610
  • Type: 1.5 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1610.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Lot Measurement: Acres
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1610
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2017
Sold by
Laurel Homes Llc
Bought by
Winter Gardens Trading Co Llc
Current Estimated Value
$186,372

Purchase Details

Listed on
May 13, 2013
Closed on
Jul 24, 2013
Sold by
O'Higgins Jennifer
Bought by
Fuss Arthur
Seller's Agent
Brian Beckort
Beckort Auctions, LLC
Buyer's Agent
Brian Beckort
Beckort Auctions, LLC
List Price
$50,600
Sold Price
$50,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%

Purchase Details

Closed on
Sep 26, 2008
Sold by
First Savings Bank Fsb
Bought by
Newburg Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.25%

Purchase Details

Closed on
Jun 27, 2008
Sold by
Wintkrnheimer Managements Llc
Bought by
First Savings Bank Fsb

Purchase Details

Closed on
Dec 22, 2004
Sold by
Winternheimer I Llc
Bought by
Winternheimer Management Llc
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
Winter Gardens Trading Co Llc $33,400 --
Laurel Homes Llc $33,400 --
Fuss Arthur $50,600 --
Newburg Ventures Llc -- None Available
First Savings Bank Fsb -- None Available
Winternheimer Management Llc -- Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newburg Ventures Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2013 07/29/13 Sold $50,600 0.0% $31 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $50,600 -32.4% $31 / Sq Ft
03/19/2012 03/19/12 Sold $74,900 -11.8% $47 / Sq Ft
03/06/2012 03/06/12 Pending -- -- --
11/03/2011 11/03/11 For Sale $84,900 -- $53 / 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 $1,331 $58,300 $7,200 $51,100
2023 $1,331 $59,400 $7,200 $52,200
2022 $1,281 $60,000 $7,200 $52,800
2021 $1,197 $55,600 $7,200 $48,400
2020 $1,140 $52,900 $7,200 $45,700
2019 $1,374 $63,700 $7,200 $56,500
2018 $1,137 $52,400 $7,200 $45,200
2017 $1,728 $52,400 $7,200 $45,200
2016 $1,038 $51,900 $7,200 $44,700
2014 $1,354 $67,700 $7,100 $60,600
2013 -- $48,200 $7,200 $41,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201303518

Southern Indiana REALTORS® Association

APN: 22-05-02-800-947.000-008