NOT LISTED FOR SALE

1661 Summit Ave New Albany, IN 47150

Estimated Value: $269,000 - $289,845

3 Beds
2 Baths
1,508 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $261,000 $173 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,612/month

40 Days on Market

Highlights

  • Open Floorplan
  • Wood Burning Stove
  • 2 Car Garage
  • Slate Run Elementary School Rated A-
  • Bonus Room
  • Enclosed Patio or Porch

About This Home

As of January 2023

Come see this renovated stone ranch with tons of charm. This home has hardwood floors throughout, wood burning fireplace, completely remodeled kitchen equipped with brand new appliances and butcher block countertops, brand new second bathroom located in the basement, new HVAC, new plumbing, and new electric. The finished area in the basement could be used as a non-conforming 4th bedroom or just additional flex space. There is an attached two car garage that leads to a completely enclosed porch that could be used all year round. This is the first time this well maintained home has been on the market and is located in a great location close to Slate Run Elementary.

Last Agent to Sell the Property

Lindsey Denk

Keller Williams Louisville License #RB21002798 Listed on: 12/04/2022

Keller Williams Louisville

Last Buyer's Agent

Terri Wedding

Semonin REALTORS License #RB14046184

Semonin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,306

Year Built

  • Built in 1954

Lot Details

  • 0.31 Acre Lot
  • Street terminates at a dead end
  • Landscaped

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Foundation
  • Frame Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Quarters
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room
  • Bonus Room
  • Storage
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Air Source Heat Pump
  • Baseboard Heating
  • Radiant Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502901460000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,306

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Annual Tax: 1306
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Brick (Solid)
  • Legal Description: P.691 L.4
  • Numof Fireplaces: 1
  • Out Buildings: Garage
  • Parcel Number: 220502901460000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1508
  • Type: 1 Story
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Partially Finished
  • Above Grade Finished Sq Ft: 1144.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Master, Added Storage, Addl Living Qtrs, Bonus Room, Eat-In Kitchen, Family Room, Open Floor Plan, Pantry, Wood Stove
  • Lot Sq Ft: 13677.84
  • Sewer Type: Sewer
  • Total Sq Ft: 1508

Exterior Features

  • Exterior Features: Enclosed Patio, Enclosed Porch, Landscaped, Stone

Garage/Parking

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

Utilities

  • Cooling Type: Central Air, Heat Pump
  • Fuel Type: Nat Gas
  • Heat Type: Baseboard, Heat Pump, Radiant

Lot Info

  • Acres: 0.3140
  • Lot Description: Dead End Street
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2022
Closed on
Jan 13, 2023
Sold by
Wilburn Gwenn
Bought by
Brokaw Christopher T
Seller's Agent
Lindsey Denk
Keller Williams Louisville
Buyer's Agent
Terri Wedding
Semonin REALTORS
List Price
$260,000
Sold Price
$261,000
Premium/Discount to List
$1,000
0.38%
Views
54
Current Estimated Value
$278,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,711
Avg. Annual Appreciation
2.31%
Original Mortgage
$130,500
Outstanding Balance
$126,262
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$152,449

Purchase Details

Closed on
Dec 3, 2010
Sold by
Wilburn Gwenn
Bought by
Wilburn Gwenn and Habermd Stefani

Purchase Details

Closed on
Jul 12, 2010
Sold by
Habermel Stafani A and Habermel Stefani A
Bought by
Wilburn Gwenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,960
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Wilburn Gwenn
Bought by
Wilburn Gwenn and Habermel Stafani A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2008
Sold by
Wilburn Gwenn E and Mccormick Marc J
Bought by
Eberle Michael Daniel and Eberle Rachel Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brokaw Christopher T $261,000 --
Wilburn Gwenn -- None Available
Wilburn Gwenn -- Nations Title Agency Inc
Wilburn Gwenn -- None Available
Wilburn Gwenn -- None Available
Eberle Michael Daniel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brokaw Christopher T $130,500
Previous Owner Wilburn Gwenn $75,960
Previous Owner Wilburn Gwenn $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/13/2023 01/13/23 Sold $261,000 +0.4% $173 / Sq Ft
12/04/2022 12/04/22 For Sale $260,000 -- $172 / 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 $1,674 $158,800 $25,900 $132,900
2023 $1,710 $161,800 $25,900 $135,900
2022 $1,445 $136,400 $25,900 $110,500
2021 $1,306 $122,900 $25,900 $97,000
2020 $1,153 $112,800 $25,900 $86,900
2019 $1,116 $112,800 $25,900 $86,900
2018 $1,386 $129,800 $25,900 $103,900
2017 $1,106 $111,400 $25,900 $85,500
2016 $902 $103,400 $25,900 $77,500
2014 $976 $102,200 $25,900 $76,300
2013 -- $99,700 $25,900 $73,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lindsey Denk

    Keller Williams Louisville

    Section Image
  • Terri Wedding

    Buyer's Agent in 2023

    Terri Wedding

    Semonin Realty

    (502) 550-0968

    11 in this area

    81 Total Sales

    Terri Wedding
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2022013624

Southern Indiana REALTORS® Association

APN: 22-05-02-901-460.000-008

Indiana Floyd County New Albany 47150

1661 Summit Ave, New Albany, IN

Not Listed for Sale

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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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