$40,000
SOLD FEB 29, 2012

1906 E Spring St New Albany, IN 47150

4 Beds
2.5 Baths
2,700 Sq Ft
6,011 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

43% Below List Price

Highlights

  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 4-minute walk to Bicknell Park
  • Slate Run Elementary School Rated A-

About This Home

As of July 2015

THIS 4 BEDROOM 2.5 BATH HOME HAS LOADS OF POTENTIAL AND COULD BE USED AS SINGLE FAMILY OR POSSIBLY MULTI-FAMILY HOME. 2nd kitchen up is 16X13'3. Sold as is. During the first 15 days any Fannie Mae reo property is listed in the mls, only offers from owner occupants or public entities will be considered. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. This property approved for HomePath Renovation Mortgage Financing. Seller to provide title commitment at buyers expense. No holdover penalty, no arbitration. Selling agent responsible for verifying taxes and exemptions. Exemptions may be removed. Seller rekey at buyer's expense at a cost of $120 to be paid on hud. Sq ftg and msmts approx.

Last Agent to Sell the Property

Russ Kruer

RE/MAX Ability Plus License #RB14013527 Listed on: 12/21/2011

RE/MAX Ability Plus

Last Buyer's Agent

Russ Kruer

RE/MAX Ability Plus License #RB14013527 Listed on: 12/21/2011

RE/MAX Ability Plus

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 50 x 120

Home Design

  • Frame Construction

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Basement Cellar
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220502801014000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 122800
  • Annual Tax: 2610
  • Appointment: Not Needed
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Land Assessment: 7700
  • Legal Description: P. 47 L. 153
  • Lot Dimensions: 50 x 120
  • Parcel Number: 220502801014000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 130500
  • Total Finished Square Footage: 2700
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2700.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Interior Amenities: Eat-In Kitchen
  • Lot Measurement: Acres
  • Lot Sq Ft: 6011.00
  • Room Count: 9
  • Sewer Type: Sewer
  • Total Sq Ft: 2700
  • Total Rooms: 9

Garage/Parking

  • 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: 0.1400
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jul 17, 2015
Sold by
Perkins John L and Newcomb Shalonda M
Bought by
Mcreynolds Patricia D and Wainscott Justin K
Seller's Agent
Kurt Schuler
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Michael Ryan
Keller Williams Realty Consultants
List Price
$134,900
Sold Price
$134,900
Current Estimated Value
$263,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,063
Avg. Annual Appreciation
8.34%
Original Mortgage
$128,155
Outstanding Balance
$101,953
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$203,064

Purchase Details

Listed on
Oct 9, 2012
Closed on
Dec 19, 2012
Sold by
Oakley Matthew C
Bought by
Newcomb Shalonda M and Perkins John L
Seller's Agent
Matthew Oakley
Oakley Real Estate, LLC
Buyer's Agent
Matthew Oakley
Oakley Real Estate, LLC
List Price
$119,900
Sold Price
$117,900
Premium/Discount to List
-$2,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$117,900
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 21, 2011
Closed on
Feb 29, 2012
Sold by
Fannie Mae
Bought by
Mco Properties Llc
Seller's Agent
Russ Kruer
RE/MAX Ability Plus
Buyer's Agent
Russ Kruer
RE/MAX Ability Plus
List Price
$69,900
Sold Price
$40,000
Premium/Discount to List
-$29,900
-42.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
279.82%
Original Mortgage
$75,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2011
Sold by
Richardson Martin C and Roberts Jennifer L
Bought by
Fannie Mae

Purchase Details

Closed on
Aug 22, 2007
Sold by
Jpmorgan Chase Bank Na
Bought by
Richardson Martin C and Roberts Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,100
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2007
Sold by
Hamby Jeffery S
Bought by
The Bank Of New York Trust Co Na

Purchase Details

Closed on
Dec 13, 2005
Sold by
Crane Sarah Jane
Bought by
Hamby Jeffery S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,480
Interest Rate
7.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed -- --
Deed $117,900 --
Corporate Deed $48,000 None Available
Sheriffs Deed $137,426 None Available
Special Warranty Deed $160,000 Resource Title Of Cincinnati
Sheriffs Deed $131,750 None Available
Warranty Deed -- Mattingly Ford Title Service
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,155 New Conventional
Previous Owner $117,900 New Conventional
Previous Owner $75,000 Purchase Money Mortgage
Previous Owner $159,100 New Conventional
Previous Owner $142,480 Adjustable Rate Mortgage/ARM
Previous Owner $142,480 Adjustable Rate Mortgage/ARM
Previous Owner $35,620 Seller Take Back
Previous Owner $142,480 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2015 07/20/15 Sold $134,900 0.0% $50 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $134,900 +14.4% $50 / Sq Ft
12/20/2012 12/20/12 Sold $117,900 -1.7% $44 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
10/09/2012 10/09/12 For Sale $119,900 +199.8% $44 / Sq Ft
02/29/2012 02/29/12 Sold $40,000 -42.8% $15 / Sq Ft
01/29/2012 01/29/12 Pending -- -- --
12/21/2011 12/21/11 For Sale $69,900 -- $26 / 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 $2,023 $207,800 $16,500 $191,300
2023 $2,023 $190,800 $16,500 $174,300
2022 $1,777 $167,000 $16,500 $150,500
2021 $1,561 $146,100 $16,500 $129,600
2020 $1,481 $138,600 $16,500 $122,100
2019 $1,534 $143,300 $16,500 $126,800
2018 $1,474 $137,200 $16,500 $120,700
2017 $1,407 $129,500 $16,500 $113,000
2016 $1,283 $128,300 $16,500 $111,800
2014 $1,097 $113,900 $16,400 $97,500
2013 -- $110,800 $16,500 $94,300
Source: Public Records

Agents Affiliated with this Home

  • Kurt Schuler

    Seller's Agent in 2015

    Kurt Schuler

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 773-5084

    1 in this area

    30 Total Sales

    Kurt Schuler
    Section Image
  • Scott Pearce

    Seller Co-Listing Agent in 2015

    Scott Pearce

    Lopp Real Estate Brokers

    (502) 396-8497

    25 in this area

    137 Total Sales

    Scott Pearce
    Section Image

  • M

    Buyer's Agent in 2015

    Michael Ryan

    Keller Williams Realty Consultants

  • N

    Buyer Co-Listing Agent in 2015

    Niki Fuller

  • M

    Seller's Agent in 2012

    Matthew Oakley

    Oakley Real Estate, LLC

  • Russ Kruer

    Seller's Agent in 2012

    Russ Kruer

    RE/MAX

    (502) 291-2891

    20 in this area

    63 Total Sales

    Russ Kruer
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201108278

Southern Indiana REALTORS® Association

APN: 22-05-02-801-014.000-008

Indiana Floyd County New Albany 47150

1906 E Spring St, New Albany, IN

This home is located at 1906 E Spring St, New Albany, IN 47150 and is currently priced at $40,000, approximately $14 per square foot. This property was built in 1929. 1906 E Spring 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.

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