NOT LISTED FOR SALE

1742 E Elm St New Albany, IN 47150

Estimated Value: $224,000 - $271,000

4 Beds
2 Baths
2,439 Sq Ft
$102/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $161,750 $66 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,544/month

24 Days on Market

Highlights

  • Pole Barn
  • 2 Fireplaces
  • First Floor Utility Room
  • Slate Run Elementary School Rated A-
  • Covered patio or porch
  • Fenced Yard

About This Home

As of August 2019

Classic Dreamy Downtown home with additional income this being a duplex that the owner lived in and rented the top. First floor unit can be either a 3 bedroom or a 2 bedroom with dining/family/office room. This owner in the last two years installed the fencing, new 2+ pole barn, paving, covered concrete pavers area, new carpeting on first floor for a start. The large shed will not be staying, but the small shed will be staying. The upstairs unit rents $450 per month includes water, sewer and garbage. The tenants has been renting here for approximately 15 years and is renting month to month. HVAC units have been replaced in the last 5 years. Many other updates thru out. Both fireplaces do not work. Kitchen has been updated less then 5 years and kitchen appliances remain in both units. Additional parking off and on street. Room sizes and sq. ft. approx. Separate meters for each floor.

Last Listed By

Russ Kruer

RE/MAX Ability Plus License #RB14013527 Listed on: 05/20/2019

RE/MAX Ability Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,871

Year Built

  • Built in 1929

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 170
  • Fenced Yard
  • Landscaped

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,439 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Decorative Fireplace
  • Thermal Windows
  • Blinds
  • First Floor Utility Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Sump Pump
  • Basement Cellar

Outdoor Features

  • Covered patio or porch
  • Pole Barn

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220502801130000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,871

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Improvements: 102800
  • Additional Parking: Off Street
  • Annual Tax: 2871
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Brick (Solid), Concrete Block
  • Land Assessment: 19400
  • Legal Description: P. 47 L. 131
  • Lot Dimensions: 50 x 170
  • Numof Fireplaces: 2
  • Out Buildings: Pole Barn
  • Parcel Number: 220502801130000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 122200
  • Total Deduction Amnt: 66070
  • Total Finished Square Footage: 2439
  • Type: 1.5 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2439.00
  • Appliances: Dishwasher, Garage Door Opener, Range / Oven
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Fireplace: Decorative
  • Interior Amenities: 1st Floor Utility, Blinds, Ceiling Fan(s), Eat-In Kitchen, Sump Pump
  • Lot Sq Ft: 8712.00
  • Room Count: 10
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 2439
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Landscaped, Patio, Paved Driveway, Solid Surface Drive, Thermopane Windows
  • Road Frontage: 50'

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.2000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Aug 2, 2019
Sold by
Clark Vicki L
Bought by
Hanna Joseph and Hanna Deanna
Seller's Agent
Russ Kruer
RE/MAX Ability Plus
Buyer's Agent
Laine Bowling
eXp Realty, LLC
List Price
$164,900
Sold Price
$161,750
Premium/Discount to List
-$3,150
-1.91%
Total Days on Market
24
Current Estimated Value
$247,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,221
Avg. Annual Appreciation
7.16%
Original Mortgage
$158,819
Outstanding Balance
$140,377
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$101,417

Purchase Details

Closed on
Aug 30, 2017
Sold by
K&M Wright Llc
Bought by
Clark Vicki L

Purchase Details

Listed on
Jul 29, 2016
Closed on
Nov 8, 2016
Sold by
Kruer Russell S
Bought by
Clark Vicki L
Seller's Agent
Russ Kruer
RE/MAX Ability Plus
Buyer's Agent
Russ Kruer
RE/MAX Ability Plus
List Price
$109,900
Sold Price
$102,500
Premium/Discount to List
-$7,400
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Mar 31, 2005
Sold by
Wright Mark R
Bought by
K & M Wright Llc

Range of Values:

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Average Value
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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
Hanna Joseph -- Agency Title
Clark Vicki L $102,500 --
Clark Vicki L $102,500 --
K & M Wright Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanna Joseph $158,819
Closed Hanna Joseph $158,819
Previous Owner Clark Vicki L $125,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $161,750 -1.9% $66 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $164,900 +60.9% $68 / Sq Ft
11/08/2016 11/08/16 Sold $102,500 -6.7% $42 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $109,900 -- $45 / 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 $1,866 $189,700 $19,400 $170,300
2023 $1,866 $174,900 $19,400 $155,500
2022 $1,624 $153,900 $19,400 $134,500
2021 $1,434 $135,500 $19,400 $116,100
2020 $1,353 $128,800 $19,400 $109,400
2019 $1,431 $133,100 $19,400 $113,700
2018 $2,871 $127,800 $19,400 $108,400
2017 $1,529 $105,700 $19,400 $86,300
2016 $931 $104,900 $19,400 $85,500
2014 $1,798 $89,700 $19,400 $70,300
2013 -- $87,500 $19,400 $68,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201908030

Southern Indiana REALTORS® Association

APN: 22-05-02-801-130.000-008