NOT LISTED FOR SALE

1627 King St New Albany, IN 47150

Estimated Value: $94,000 - $207,000

3 Beds
2 Baths
1,412 Sq Ft
$120/Sq Ft Est. Value

Last Sold April 02, 2015

Last sale price $25,000 $18 Per Sq Ft

Est. 577% increase in value since last sale

Current estimated payment $1,107/month

41 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Patio

About This Home

As of April 2015

If you are looking for a great home to purchase with lots of potential, this is it! This home is set up as a duplex. 2 kitchens! Live in one unit and rent the other or rent both. Home could be used as a single family residence. Home needs some repairs but this does not have to be a full remodel. Call today to see this great home! Sold as is.

Last Listed By

John Koerner

Property Advancement Realty License #RB14033863 Listed on: 01/14/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30 x 120
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,412 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220502800725000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Improvements: 59400
  • Annual Tax: 1627
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Land Assessment: 11200
  • Legal Description: P. 19 E 30' L. 45 1627 KING ST. MAP REF:05-02-81
  • Lot Dimensions: 30 X 120
  • Parcel Number: 220502800725000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 70600
  • Total Finished Square Footage: 1412
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 1412.00
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Lot Measurement: Acres
  • Lot Sq Ft: 3485.00
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 1412
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Fenced Yard, Patio, Porch

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.0800
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2016
Sold by
Mbs Investments Llc
Bought by
Presley Bell Enterprises Llc
Total Days on Market
41
Current Estimated Value
$169,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2015
Closed on
Mar 26, 2015
Sold by
Bank Of New York Mellon Trt Co
Bought by
Mbs Investments Llc
Seller's Agent
John Koerner
Property Advancement Realty
Buyer's Agent
Brian Bell
Epique Realty
List Price
$27,300
Sold Price
$25,000
Premium/Discount to List
-$2,300
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.75%

Purchase Details

Closed on
May 8, 2014
Sold by
Floyd County Sheriff
Bought by
New York Mellon Bank

Purchase Details

Closed on
Oct 6, 2005
Sold by
Stoddard Thomas M and Stoddard Robin R
Bought by
Hussung William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,800
Interest Rate
5.82%
Mortgage Type
New Conventional

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
Presley Bell Enterprises Llc -- Kemp Title Agency Llc
Mbs Investments Llc -- --
New York Mellon Bank $33,150 --
Hussung William E -- Kentucky Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summitt Properties $180,000
Closed Presley Bell Enterprises Llc $306,000
Closed Presley Bell Enterprises Llc $40,000
Previous Owner Hussung William E $62,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2015 04/02/15 Sold $25,000 -8.4% $18 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $27,300 -- $19 / 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 $5,100 $112,500 $11,200 $101,300
2023 $5,100 $93,500 $11,200 $82,300
2022 $2,061 $96,500 $11,200 $85,300
2021 $1,797 $83,500 $11,200 $72,300
2020 $1,800 $83,500 $11,200 $72,300
2019 $1,696 $78,600 $11,200 $67,400
2018 $1,795 $74,400 $11,200 $63,200
2017 $4,547 $74,500 $11,200 $63,300
2016 $1,592 $73,900 $11,200 $62,700
2014 -- $68,500 $11,200 $57,300
2013 -- $70,600 $11,200 $59,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201500317

Southern Indiana REALTORS® Association

APN: 22-05-02-800-725.000-008