$102,500
SOLD NOV 8, 2016

1742 E Elm St New Albany, IN 47150

4 Beds
2 Baths
2,439 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

7% Below List Price

76 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Thermal Windows
  • Slate Run Elementary School Rated A-
  • First Floor Utility Room
  • Eat-In Kitchen

About This Home

As of August 2019

Classic style duplex - 3 bedrooms. Downstairs rents for $850 monthly & Upstairs rents for $$450 monthly. Each unit has washer & dryer hookups; refrigerator, range/oven & dishwasher; and separate meters for gas 7 electric. Seller pays water & trash; sewer averages $120 monthly. Many new updates; kitchen downstairs, paint, light fixtures, furnace, and air. These units have been well taken care for and would be a good investment.

Last Agent to Sell the Property

Russ Kruer

RE/MAX Ability Plus License #RB14013527 Listed on: 07/29/2016

RE/MAX Ability Plus

Last Buyer's Agent

Russ Kruer

RE/MAX Ability Plus License #RB14013527 Listed on: 07/29/2016

RE/MAX Ability Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,793

Year Built

  • Built in 1929

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x170
  • Property is zoned Multi Family

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Sump Pump
  • Basement Cellar

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220502801130000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,793

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 77600
  • Annual Tax: 1793
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 19400
  • Legal Description: P. 47 L. 131
  • Lot Dimensions: 50X170
  • Out Buildings: Shed
  • Parcel Number: 220502801130000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 97000
  • Total Finished Square Footage: 2439
  • Type: 1.5 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric, Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2439.00
  • Appliances: Dishwasher, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Utility, Blinds, Breakfast Bar, Ceiling Fan(s), Eat-In Kitchen, Sump Pump
  • Lot Measurement: Acres
  • Lot Sq Ft: 8712.00
  • Room Count: 10
  • Sewer Type: Sewer
  • Total Sq Ft: 2439
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Covered Porch, Deck, Public Sidewalk, Thermopane Windows

Garage/Parking

  • Garage Type: Off Street
  • Garage Spaces: 0

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: 0.2000
  • Zoning: Multi Family

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%
Current Estimated Value
$247,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,806
Avg. Annual Appreciation
6.98%
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
10.38%

Purchase Details

Closed on
Mar 31, 2005
Sold by
Wright Mark R
Bought by
K & M Wright Llc
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
  • 1713 Ekin Ave, New Albany, IN 47150

    $80,000

    • 3 Beds
    • 2 Baths
    • 1,593 Sq Ft
    • 1713 Ekin Ave
    • New Albany, IN

    SOLD AS- IS This 3-bedroom, 2-bath home is part of a package deal with 1711 Ekin Ave (listed separately), offering an excellent opportunity for investors looking for rental potential or renovation projects in downtown New Albany. Minutes from dining, shopping, and expressway access, this property has a solid footprint and a flexible layout to suit a variety of needs. Showings available Friday,

    Teresa Wallace

    Section Image
  • 2113 Willow St, New Albany, IN 47150

    $104,000

    • 2 Beds
    • 1 Bath
    • 1,064 Sq Ft
    • 2113 Willow St
    • New Albany, IN

    Solid Investment Opportunity Near Bicknell Park. This 2-bedroom, 1-bath home has been a consistent income-producing rental for years and offers strong potential for investors or owner-occupants alike. The open-concept kitchen and dining area create a functional layout, while a large backyard shed provides valuable extra storage. Located in an up-and-coming area near Bicknell Park and surrounded

    Ellen Masterson Lenihan Commercial 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
See All Homes in New Albany

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 -- Agency Title
Deed $102,500 --
Deed $102,500 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $158,819 FHA
Closed $158,819 FHA
Previous Owner $125,500 Seller Take Back
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

  • Russ Kruer

    Seller's Agent in 2019

    Russ Kruer

    RE/MAX

    (502) 291-2891

    21 in this area

    64 Total Sales

    Russ Kruer
    Section Image
  • Laine Bowling

    Buyer's Agent in 2019

    Laine Bowling

    eXp Realty, LLC

    (502) 641-0589

    16 in this area

    154 Total Sales

    Laine Bowling
    Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201605020

Southern Indiana REALTORS® Association

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

Indiana Floyd County New Albany 47150

1742 E Elm St, New Albany, IN

This home is located at 1742 E Elm St, New Albany, IN 47150 and is currently priced at $102,500, approximately $42 per square foot. This property was built in 1929. 1742 E Elm St is a home located in Floyd County with nearby schools including Slate Run 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.

Nearby Homes