$78,000
SOLD FEB 9, 2018

1832 Ekin Ave New Albany, IN 47150

4 Beds
4 Baths
2,820 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$28 Per Sq Ft

8% Below List Price

14 Days on Market

About This Home

As of September 2022

PASSIVE INCOME!!! Are you an experienced or aspiring real estate investor? Take a look at this FOUR-PLEX in fast growing downtown New Albany. This property offers 4 units and has consistently brought in over $1800 per month for the current owner. Units included three 1-bedroom units and one efficiency unit. Seller will provide current lease and rent rate details for serious inquirers. Call for more details. Minimum 24-hour notice required for all showings. Tenant's Rights.

Last Agent to Sell the Property

Mike Schoonover

Keller Williams Realty Consultants License #RB14046191 Listed on: 01/19/2018

Keller Williams Realty Consultants

Last Buyer's Agent

Heather Robinson

Green Tree Real Estate Services License #RB14043410

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,833

Year Built

  • Built in 1929

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Frame Construction

Interior Spaces

  • 2,820 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502800006000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,833

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 79500
  • Annual Tax: 1833
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 12700
  • Legal Description: P 359 LTS. 45-46
  • Parcel Number: 220502800006000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 92200
  • Total Finished Square Footage: 2820
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 2820.00
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Lot Sq Ft: 6969.60
  • Room Count: 4
  • Sewer Type: Sewer
  • Total Sq Ft: 2820
  • Total Rooms: 4

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Unknown
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1600
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2022
Closed on
Sep 15, 2022
Sold by
Spine Properties Llc
Bought by
Rixstine Benjamin Arthur
Seller's Agent
Chelsea Gardner
PMR Real Estate Brokerage
Buyer's Agent
Ben Bass
THRIVE Realty
List Price
$279,900
Sold Price
$262,500
Premium/Discount to List
-$17,400
-6.22%
Current Estimated Value
$290,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,550
Avg. Annual Appreciation
-2.04%
Original Mortgage
$210,000
Outstanding Balance
$201,854
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$45,598

Purchase Details

Listed on
May 27, 2020
Closed on
Jun 25, 2020
Sold by
Ramsey Wendy
Bought by
Spine Properties Llc
Seller's Agent
Heather Robinson
Green Tree Real Estate Services
Buyer's Agent
Robert Denison
Bridge Realtors
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.71%
Original Mortgage
$119,920
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2018
Closed on
Feb 9, 2018
Sold by
Prolite Properties Llc
Bought by
Ramsey Wendy
Seller's Agent
Mike Schoonover
Keller Williams Realty Consultants
Buyer's Agent
Heather Robinson
Green Tree Real Estate Services
List Price
$84,900
Sold Price
$78,000
Premium/Discount to List
-$6,900
-8.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.58%

Purchase Details

Closed on
Jul 2, 2013
Sold by
Eldridge Wayne
Bought by
Jackson Jeffrey L

Purchase Details

Closed on
Feb 18, 2007
Sold by
Goins Larry J
Bought by
Bank Of New York As Trustee
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 -- --
Warranty Deed -- None Available
Deed -- Agency Title Inc
Deed $70,000 --
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Previous Owner $119,920 New Conventional
Previous Owner $316,750 Commercial
Previous Owner $90,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $262,500 -6.2% $93 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
07/31/2022 07/31/22 For Sale $279,900 +86.7% $99 / Sq Ft
06/25/2020 06/25/20 Sold $149,900 0.0% $53 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $149,900 +92.2% $53 / Sq Ft
02/09/2018 02/09/18 Sold $78,000 -2.5% $28 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
01/23/2018 01/23/18 Price Changed $80,000 -5.8% $28 / Sq Ft
01/19/2018 01/19/18 For Sale $84,900 -- $30 / 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 $2,901 $147,400 $12,700 $134,700
2023 $2,901 $135,300 $12,700 $122,600
2022 $2,542 $118,500 $12,700 $105,800
2021 $2,240 $103,600 $12,700 $90,900
2020 $2,128 $98,300 $12,700 $85,600
2019 $2,209 $102,000 $12,700 $89,300
2018 $2,122 $97,400 $12,700 $84,700
2017 $7,377 $92,200 $12,700 $79,500
2016 $2,244 $91,300 $12,700 $78,600
2014 $1,575 $78,400 $12,700 $65,700
2013 -- $51,200 $12,700 $38,500
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201805327

Southern Indiana REALTORS® Association

APN: 22-05-02-800-006.000-008