NOT LISTED FOR SALE

1616 Vance Ave Unit 1618 New Albany, IN 47150

Estimated Value: $94,000 - $146,000

2 Beds
1 Bath
716 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $11,000 $15 Per Sq Ft

Est. 951% increase in value since last sale

Current estimated payment $671/month

9 Days on Market

Highlights

  • Covered patio or porch
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of March 2015

Stated Reserve Real Estate Auction 1616 Vance Avenue, New Albany, IN 47150 Wednesday, February 18th, 4 pm Auction held on-site Auctioneer has been authorized by Teressa Jackson to offer this property at stated reserve auction. House: This 1-2 bedroom, 1 bath shotgun style home is situated on a large double lot. The home also has a kitchen and living/dining room. Terms: $5,000 down auction day, balance in 45 days. A 10% buyer's premium will be added to the winning bid to determine the final selling price. Broker cooperation offered, please call Auctioneer for details regarding registration. Stated Reserve: Once the bidding surpasses $10,000 the reserve will be lifted and the property will sell to the winning bidder.

Last Listed By

Lincoln Crum

Lincoln Crum Realty License #RB14030712 Listed on: 02/11/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 7,362

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 716 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Covered patio or porch
  • 7,362 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 220504201158000008

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Improvements: 17700
  • Additional Parking: Off Street
  • Annual Tax: 1723
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 18600
  • Legal Description: DIST:0005 CITY/MUNI/TWP:NEW ALBANY TOWNSHIP P 387 L 3 1616 VANCE AVE MAP REF:05-04-220-085
  • Lot Dimensions: See lot size
  • Parcel Number: 220504201158000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 36300
  • Total Finished Square Footage: 716
  • Type: 1 Story
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 716.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Lot Measurement: Acres
  • Lot Sq Ft: 7362.00
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 716
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Patio

Garage/Parking

  • Garage Spaces: 0

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1700
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2020
Sold by
Mdm Management Llc
Bought by
Spratt William E
Total Days on Market
9
Current Estimated Value
$115,592

Purchase Details

Closed on
Dec 5, 2016
Sold by
Graybeard Properties Llc
Bought by
Mdm Management Llc

Purchase Details

Listed on
Feb 11, 2015
Closed on
Mar 20, 2015
Sold by
Jackson Teressa L
Bought by
Graybeard Properties Llc
Seller's Agent
Lincoln Crum
Lincoln Crum Realty
Buyer's Agent
Michael Dooley
Compass REALTORS, LLC
List Price
$10,000
Sold Price
$11,000
Premium/Discount to List
$1,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.06%

Purchase Details

Closed on
Mar 2, 2010
Sold by
Sutton Jim
Bought by
Jackson Teressa

Purchase Details

Closed on
Jul 7, 2009
Sold by
Cousins Raymond and Mark Henderson C
Bought by
Giles Phyllis and Booker Teejan

Purchase Details

Closed on
Jul 11, 2006
Sold by
Jackson Teressa
Bought by
Sutton Jim

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
Spratt William E -- None Available
Mdm Management Llc -- --
Graybeard Properties Llc -- --
Jackson Teressa $57,466 None Available
Giles Phyllis -- None Available
Sutton Jim $50,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2015 03/20/15 Sold $11,000 +10.0% $15 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $10,000 -- $14 / 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 $290 $43,500 $18,600 $24,900
2023 $290 $44,100 $18,600 $25,500
2022 $314 $44,400 $18,600 $25,800
2021 $294 $41,700 $18,600 $23,100
2020 $272 $40,000 $18,600 $21,400
2019 $554 $25,700 $18,600 $7,100
2018 $545 $25,100 $18,600 $6,500
2017 $433 $19,600 $18,600 $1,000
2016 $896 $37,900 $18,600 $19,300
2014 $738 $36,900 $18,600 $18,300
2013 -- $36,300 $18,600 $17,700
Source: Public Records

Agents Affiliated with this Home

  • Lincoln Crum

    Seller's Agent in 2015

    Lincoln Crum

    Lincoln Crum Realty

    (812) 557-1700

    Section Image

  • M

    Buyer's Agent in 2015

    Michael Dooley

    Compass REALTORS, LLC

    (502) 727-9381

    3 in this area

    17 Total Sales

    Michael Dooley
    Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201501107

Southern Indiana REALTORS® Association

APN: 22-05-04-201-158.000-008

Indiana Floyd County New Albany 47150

1616 Vance Ave Unit 1618, New Albany, IN

Homes for Sale in New Albany, IN

This home is located at 1616 Vance Ave Unit 1618, New Albany, IN 47150 since 11 February 2015 and is currently estimated at $115,592, approximately $161 per square foot. This property was built in 1925. 1616 Vance Ave Unit 1618 is a home located in Floyd County with nearby schools including Fairmont Elementary School, Hazelwood Middle School, and New Albany Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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