$80,000
SOLD JAN 29, 2020

1701 Olive St New Albany, IN 47150

4 Beds
2 Baths
1,372 Sq Ft
0.3 Acres

Recently Sold

$58 Per Sq Ft

60 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Ceiling Fan
  • Shed
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of September 2021

Check out this 4 bedroom, 2 full bathroom ranch style home on a spacious lot. This home has great potential with TLC. Located near I-64 and minutes from Baptist Health Floyd Hospital and downtown New Albany. This is a HUD owned home, SOLD AS IS. HUD case #151-851208 , Listed FHA IE (insured with repair escrow) This home qualifies for just a $100 down payment if FHA financing is used. It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status or national origin. Number of rooms, measurements and sq. ft are not warranted, if critical buyer should verify. Taxes may reflect a deduction that may not continue to apply, possibly resulting in a higher tax bill.

Last Agent to Sell the Property

Reed Martin

RE/MAX FIRST-Commercial Group License #RB14035705 Listed on: 10/18/2019

RE/MAX FIRST-Commercial Group

Last Buyer's Agent

Bob Murphy

RE/MAX Advantage License #RB14027027

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1960

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 25 x 132

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,372 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220503400601000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,363

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Improvements: 65700
  • Additional Assessor Parcel Numbers: 220503400602000008 & 220503400604000008
  • Annual Tax: 1363
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Crawl Space
  • Land Assessment: 6600
  • Legal Description: P. 516 L. 25 BLK. 8
  • Lot Dimensions: 25 x 132
  • Out Buildings: Shed
  • Parcel Number: 220503400601000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 72300
  • Total Finished Square Footage: 1372
  • Type: 1 Story
  • Year Built: 1960
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 1372.00
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s)
  • Lot Sq Ft: 13024.44
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1372
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Wood

Garage/Parking

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

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.2990
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Shirclffe John W
Bought by
Craig Selina
Current Estimated Value
$179,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$136,918
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$34,261

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 17, 2021
Sold by
Cjgh Holding Llc
Bought by
Shircliffe John W
Seller's Agent
Jeff Simmons
Buyer's Agent
Matthew Henegar
RE/MAX FIRST
List Price
$109,900
Sold Price
$103,000
Premium/Discount to List
-$6,900
-6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%
Original Mortgage
$135,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 11, 2021
Sold by
Heavrin Jeramy and Eures Rebecca Lee
Bought by
Cjgh Holding Llc

Purchase Details

Listed on
Oct 18, 2019
Closed on
Jan 29, 2020
Sold by
Hud
Bought by
Heavrin Jeramy
Seller's Agent
Reed Martin
RE/MAX FIRST-Commercial Group
Buyer's Agent
Bob Murphy
RE/MAX Advantage
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%
Original Mortgage
$77,600
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2019
Sold by
Cit Bank Na
Bought by
Hud

Purchase Details

Closed on
Jan 18, 2018
Sold by
Floyd County Sheriff
Bought by
Cit Bank Na
Source: Public Records

Similar Homes in New Albany, IN

  • 1511 E Elm St, New Albany, IN 47150

    $94,900

    • 2 Beds
    • 1 Bath
    • 946 Sq Ft
    • 1511 E Elm St
    • New Albany, IN

    Great starter home or smart investment opportunity! This property offers everything you need to get started. Enjoy the peace of mind of a privacy-fenced backyard or relaxing on the front porch. You'll love the convenience of being close to shopping and other conveniences. Plus, with a one-car garage, you'll have extra storage or protected parking. Don't miss out on making this house your home!

    Zachary Pitts RE/MAX Premier Properties

    Section Image
  • 510 Payne Rd, New Albany, IN 47150

    $84,900

    • 3 Beds
    • 1 Bath
    • 1,288 Sq Ft
    • 510 Payne Rd
    • New Albany, IN

    Nestled at the base of Floyd's Knobs with a beautiful country setting just minutes from downtown. This fixer upper is ready for a great designers eye and craftmans touch to bring this dream home back to life. This quiet and cozy location will give you a country feel with easy access to all the amenities of New Albany/Louisville.

    Matthew Nalley Rhodes Realty, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 Kemp Law Office Llc
Warranty Deed $206,000 None Available
Warranty Deed -- None Available
Special Warranty Deed -- Mattingly Ford Title Service
Special Warranty Deed -- None Available
Sheriffs Deed $92,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 New Conventional
Previous Owner $135,000 Seller Take Back
Previous Owner $77,600 New Conventional
Previous Owner $128,245 FHA
Previous Owner $113,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $103,000 -6.3% $75 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $109,900 0.0% $80 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $109,900 +37.4% $80 / Sq Ft
01/29/2020 01/29/20 Sold $80,000 0.0% $58 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
12/13/2019 12/13/19 For Sale $80,000 0.0% $58 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $80,000 -- $58 / 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 $1,023 $119,300 $6,600 $112,700
2023 $1,023 $110,100 $6,600 $103,500
2022 $811 $95,000 $6,600 $88,400
2021 $612 $84,000 $6,600 $77,400
2020 $631 $86,400 $6,600 $79,800
2019 $1,563 $72,300 $6,600 $65,700
2018 $1,364 $62,700 $6,600 $56,100
2017 $1,350 $61,000 $6,600 $54,400
2016 $795 $60,400 $6,600 $53,800
2014 $558 $61,000 $6,600 $54,400
2013 -- $59,200 $6,600 $52,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2019011522

Southern Indiana REALTORS® Association

APN: 22-05-03-400-601.000-008