NOT LISTED FOR SALE

1616 State St New Albany, IN 47150

Estimated Value: $190,000 - $405,000

3 Beds
2 Baths
2,826 Sq Ft
$103/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $335,000 $119 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,864/month

13 Days on Market

Highlights

  • Corner Lot
  • First Floor Utility Room
  • Fenced Yard
  • Covered patio or porch
  • Formal Dining Room
  • 4-minute walk to Kevin Hammersmith Memorial Park

About This Home

As of May 2022

OPEN Sun 4/24 1-3pm! Excellent opportunity for a large house in a very convenient location! Recently remodeled to add additional living space on the 2nd floor which has been transformed from an attic to a modern, well-insulated, high-ceiling, large open space with original floors! Could become a magnificent main bedroom suite, an entertainment room, an office, library or all four! It is complete with a balcony, two large walk-in closets, a modern new bathroom with a porcelain Italian walk-in shower with spray body-nozzles, a rain showerhead, & a European-styled toilet & double sink. Zoned for mixed use residential/commercial with a layout conducive for either combined with the early 1900’s historical architecture of New Albany, you could own a piece of history where you could live, work, & play! Enormous possibilities: a home, office, retail, restaurant, B&B & more! The Ulsh-Augustine House was renovated to retain the beautiful woodwork including the cedar plank exterior, magnificent fireplace, moldings, doors, trim & antique heart pine wood floors! The 1st floor has a foyer, high ceilings, a 6’ pocket door, 5-panel doors, a large living room, a dining room, a long hallway with 2 bedrooms & a remodeled bathroom. The kitchen was remodeled for modern use with new cabinets, island with butcher block counters, & appliances including a hood. The house also has a large front & back porch, a good-sized yard space, a two-car garage with a large loft & a brand-new privacy fence.

Last Listed By

Amy Brose

Nest Realty License #RB14050411 Listed on: 04/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1908

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Property is zoned Commercial

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Block Foundation
  • Wood Siding
  • Wood Trim
  • Stone Exterior Construction

Interior Spaces

  • 2,826 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Formal Dining Room
  • First Floor Utility Room
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Motion Detectors

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220503400126000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,335

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Improvements: 94700
  • Additional Parking: On Street
  • Additional Assessor Parcel Numbers: 008-34600-04
  • Annual Tax: 2335
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Concrete Block
  • Land Assessment: 13800
  • Legal Description: P 27 N 50' L 4
  • Numof Fireplaces: 1
  • Open House Count: 1
  • Out Buildings: Garage
  • Parcel Number: 220503400126000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 108500
  • Total Finished Square Footage: 2826
  • Type: 2 Story
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Crawl Space, Unfinished
  • Above Grade Finished Sq Ft: 2295.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, Oven Self Clean, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Utility, Bath Master, Blinds, Ceiling Fan(s), Formal Dining Rm, Foyer, Kitchen Island, Natural Wood Trim, Pantry, Security System, Separate Shower(s), Walk-In Closet(s)
  • Lot Sq Ft: 5662.80
  • Room Count: 9
  • Sewer Type: Sewer
  • Total Sq Ft: 2295
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Balcony, Covered Porch, Fenced Yard, Motion Detectors, Porch, Public Sidewalk, Screens, Stone, Wood

Garage/Parking

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

Utilities

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

Lot Info

  • Acres: 0.1300
  • Lot Description: Corner Lot
  • Zoning: Residential, Commercial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2015
Sold by
Osterman Mary V and Augustine Rose Ann
Bought by
Augustine Trust
Total Days on Market
13
Current Estimated Value
$291,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,769
Interest Rate
3.84%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Augustine Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Augustine Trust $54,000
Closed Augustine Trust $50,769
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $335,000 -4.3% $119 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $349,900 -- $124 / 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 $2,879 $158,200 $13,800 $144,400
2023 $2,879 $134,900 $13,800 $121,100
2022 $2,776 $130,000 $13,800 $116,200
2021 $2,335 $108,500 $13,800 $94,700
2020 $2,203 $102,200 $13,800 $88,400
2019 $2,205 $102,200 $13,800 $88,400
2018 $1,969 $90,700 $13,800 $76,900
2017 $2,001 $90,600 $13,800 $76,800
2016 $1,600 $80,000 $13,800 $66,200
2014 $1,816 $90,800 $13,800 $77,000
2013 -- $88,300 $13,800 $74,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202208266

Southern Indiana REALTORS® Association

APN: 22-05-03-400-126.000-008