$262,500
SOLD SEP 15, 2022

1832 Ekin Ave New Albany, IN 47150

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

Recently Sold

$93 Per Sq Ft

6% Below List Price

13 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Covered patio or porch
  • Eat-In Kitchen
  • Slate Run Elementary School Rated A-
  • First Floor Utility Room
  • Built-in Bookshelves

About This Home

As of September 2022

Investors take notice! Immediate money-making investment property in the heart of booming uptown New Albany! This unique property brings in over $3000 in monthly income and is priced to sell! With over 2800 sqft. this property is a 4-plex featuring 2 one bedroom/ one bath long term units (tenants would like to stay) and 2 one bedroom/ one bath furnished short term suites including an active and successful Airbnb with bookings through the remainder of the year. Large yard provides off street parking, privacy, and the perfect space for entertaining. Furnace replaced in 2018, new AC in 2020, many other upgrades throughout. Don't miss out on this one of a kind opportunity! Call today for your private showing!

Last Agent to Sell the Property

Chelsea Gardner

PMR Real Estate Brokerage License #RB14048186 Listed on: 07/31/2022

PMR Real Estate Brokerage

Last Buyer's Agent

Ben Bass

THRIVE Realty License #RB22000020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,240

Year Built

  • Built in 1929

Home Design

  • Wood Trim

Interior Spaces

  • 2,820 Sq Ft Home
  • 2-Story Property
  • Living Quarters
  • Built-in Bookshelves
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • First Floor Utility Room
  • Storage

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessibility Features
  • Covered patio or porch
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 220502800006000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,240

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 90900
  • Annual Tax: 2240
  • Appointment: Mandatory
  • Construction: Existing
  • Land Assessment: 12700
  • Legal Description: P 359 LTS. 45-46
  • Parcel Number: 220502800006000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 103600
  • 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
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Added Storage, Addl Living Qtrs, Bath Master, Breakfast Bar, Built-In Bookcase, Ceiling Fan(s), Eat-In Kitchen, Family Room, Foyer, Natural Wood Trim
  • Lot Sq Ft: 6969.60
  • Sewer Type: Sewer
  • Total Sq Ft: 2820

Exterior Features

  • Exterior Features: Access. Features, Covered Porch, Patio, Porch, Public Sidewalk

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • 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

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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

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2022010907

Southern Indiana REALTORS® Association

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