NOT LISTED FOR SALE

1837 Shelby St New Albany, IN 47150

Estimated Value: $88,859

3 Beds
2 Baths
1,384 Sq Ft
$64/Sq Ft Est. Value

Last Sold October 18, 2017

Last sale price $50,000 $36 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $586/month

17 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Shed
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of October 2017

Great location in downtown New Albany backing up to New Albany High School football field. This 2 story home has lots of character and great potential. Case 151-875338 Listed as IE; home qualifies for FHA 203(b) w/insured escrow financing (TBD), as well as for 203(k) financing, which allows the buyer to finance improvements as part of the loan. Repairs to be done after closing. Qualifies for $100 down payment if using FHA financing. Home sold as is. Prospective buyers are advised to conduct independent assessment of property condition and features. Information is not verified or warranted. Properties are offered for sale to qualified purchasers without regard to the prospective purchaser's race, color, religion, sex, disability, familial status, or national origin. Sq. Ft. & room sizes are approximate. Taxes are ‘16 pay ‘17 and may reflect deductions that may not continue to apply, possibly resulting in a higher tax bill.

Last Listed By

Paul Floyd

Keller Williams Realty Consultants License #RB14046882 Listed on: 09/01/2017

Keller Williams Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $471

Year Built

  • Built in 1929

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,384 Sq Ft Home
  • 2-Story Property
  • Basement
  • Basement Cellar
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Utilities

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

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220504201025000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$471

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 68500
  • Additional Parking: Off Street
  • Annual Tax: 471
  • Appointment: Not Needed
  • Bank Owned Foreclosure YN: Yes
  • Construction: Existing, Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 11900
  • Legal Description: P.339 30'X130' L.11
  • Out Buildings: Shed
  • Parcel Number: 220504201025000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 80400
  • Total Deduction Amnt: 59935
  • Total Finished Square Footage: 1384
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1384.00
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, Eat-In Kitchen
  • Lot Sq Ft: 3920.40
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1384
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Porch, Deck, Public Sidewalk, Vinyl Siding

Utilities

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

Lot Info

  • Acres: 0.0900
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 13, 2017
Sold by
Hud
Bought by
New Albany Floyd County Consol
Seller's Agent
Paul Floyd
Keller Williams Realty Consultants
Buyer's Agent
David Bauer
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Total Days on Market
17
Current Estimated Value
$88,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,859
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Oct 18, 2016
Sold by
Lakeview Loan Servincing Llc
Bought by
Hud

Purchase Details

Closed on
Sep 29, 2016
Sold by
Floyd County Sheriff
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Closed on
Jun 4, 2008
Sold by
Jablonski John C
Bought by
Margavio Timothy G and Margavio Stacey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,446
Interest Rate
6.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2007
Sold by
Wells Fargo Bank Na
Bought by
Jablonski John C

Purchase Details

Closed on
Jun 15, 2007
Sold by
Henderson Richard A
Bought by
Wells Fargo Bank National Association and Frecmont Investment & Loan

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
New Albany Floyd County Consol -- --
Hud -- --
Lakeview Loan Servicing Llc $109,738 --
Margavio Timothy G -- None Available
Jablonski John C -- None Available
Wells Fargo Bank National Association $68,850 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Margavio Timothy G $95,446
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2017 10/18/17 Sold $50,000 -9.1% $36 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $55,000 -- $40 / 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 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $1,779 $0 $0 $0
2019 $1,779 $0 $0 $0
2018 $0 $0 $0 $0
2017 $1,779 $80,400 $11,900 $68,500
2016 $471 $79,700 $11,900 $67,800
2014 $484 $77,600 $11,900 $65,700
2013 -- $75,500 $11,900 $63,600
Source: Public Records

Agents Affiliated with this Home

  • Paul Floyd

    Seller's Agent in 2017

    Paul Floyd

    Keller Williams Realty Consultants

    (502) 533-5354

    10 in this area

    72 Total Sales

    Paul Floyd
    Section Image
  • David Bauer

    Buyer's Agent in 2017

    David Bauer

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 931-5657

    201 in this area

    809 Total Sales

    David Bauer
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201709155

Southern Indiana REALTORS® Association

APN: 22-05-04-201-025.000-008

Indiana Floyd County New Albany 47150

1837 Shelby St, New Albany, IN

Homes for Sale in New Albany, IN

This home is located at 1837 Shelby St, New Albany, IN 47150 since 01 September 2017 and is currently estimated at $88,859, approximately $64 per square foot. This property was built in 1929. 1837 Shelby St is a home located in Floyd County with nearby schools including Fairmont 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.

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