NOT LISTED FOR SALE

1822 E Spring St New Albany, IN 47150

Estimated Value: $176,000 - $261,291

4 Beds
2 Baths
1,974 Sq Ft
$109/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $14,000 $7 Per Sq Ft

Est. 1,440% increase in value since last sale

Current estimated payment $1,448/month

43 Days on Market

Highlights

  • Forced Air Heating System
  • Slate Run Elementary School Rated A-
  • 1 Car Garage

About This Home

As of November 2012

Spacious two story set up for duplex but could be single family. Three bedrooms, 2 baths. Priced to sell. Lots of potential in this conveniently located property in New Albany. Fors the first 15 days of listing seller will consider offers from owner occupant buyers, government entities and their partners. After 15 days seller will also consider offers from investor buyers. This is a Fannie Mae Home Path Property. Property in not eligible for HomePath Mortgage and not eligible for HomePath Renovation Mortgage Financing. This is a true fixer upper. Mechanicals not tested or warranted

Last Agent to Sell the Property

Don Lincoln

Schuler Bauer Real Estate Services ERA Powered (N License #RB14031854 Listed on: 09/19/2012

Schuler Bauer Real Estate Services ERA Powered  (N

Co-Listed By

Debbie Day-Renn

Real Estate Unlimited License #RB14032062

Last Buyer's Agent

Michael Brown

Schuler Bauer Real Estate Services ERA Powered (N License #RB14045790

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 120
  • Property is zoned Agri/ Residential

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,974 Sq Ft Home
  • 2-Story Property
  • Basement Cellar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Space Heater
  • Gas Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220502801075000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Improvements: 78500
  • Additional Parking: Off Street
  • Annual Tax: 1678
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 5300
  • Legal Description: P47 W 40' Lot 137
  • Lot Dimensions: 40 x 120
  • Parcel Number: 220502801075000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 83800
  • Total Finished Square Footage: 1974
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: 20

Interior Features

  • Water Heater: Electric, Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1974.00
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Lot Measurement: Acres
  • Lot Sq Ft: 4792.00
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 1974
  • Total Rooms: 8

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Fuel Type: Electric, Gas
  • Heat Type: Forced Air, Space
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1100
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2012
Closed on
Nov 30, 2012
Sold by
Barnes Barry T
Bought by
Ramirez Lorrie M
Seller's Agent
Don Lincoln
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Michael Brown
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$18,900
Sold Price
$14,000
Premium/Discount to List
-$4,900
-25.93%
Current Estimated Value
$215,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,573
Avg. Annual Appreciation
21.45%

Purchase Details

Closed on
Aug 30, 2012
Sold by
Vogt Cindy
Bought by
Federal National Mortgage Association and Fannie Mae
Source: Public Records

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
Ramirez Lorrie M $14,000 --
Federal National Mortgage Association $64,692 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $14,000 -25.9% $7 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $18,900 -- $10 / 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 $3,101 $158,200 $13,200 $145,000
2023 $3,101 $145,300 $13,200 $132,100
2022 $2,716 $127,200 $13,200 $114,000
2021 $2,402 $111,600 $13,200 $98,400
2020 $2,283 $105,900 $13,200 $92,700
2019 $2,364 $109,600 $13,200 $96,400
2018 $2,277 $104,900 $13,200 $91,700
2017 $4,373 $99,700 $13,200 $86,500
2016 $1,974 $98,700 $13,200 $85,500
2014 $1,502 $75,100 $13,100 $62,000
2013 -- $73,200 $13,200 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201206557

Southern Indiana REALTORS® Association

APN: 22-05-02-801-075.000-008