NOT LISTED FOR SALE

1909 E Spring St New Albany, IN 47150

Estimated Value: $157,000 - $233,000

2 Beds
1 Bath
1,050 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $41,000 $39 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $1,122/month

2 Days on Market

Highlights

  • Covered Patio or Porch
  • Ramp on the main level
  • Ceiling Fan
  • Slate Run Elementary School Rated A-
  • 1-Story Property
  • 5-minute walk to Bicknell Park

About This Home

As of September 2019

Great investment opportunity currently has 2 bedrooms and 1 bath. Located near downtown New Albany. Home will need work, but could make a great investment property to either rehab and resell or just rent out. Just minutes away from downtown restaurants and shopping. Lots of potential, won't last long. Property is being sold as is, owner is a licensed Associate Broker.

Last Agent to Sell the Property

Jeff Simmons

REI Realty, LLC License #RB14045893 Listed on: 09/05/2019

Last Buyer's Agent

Jennifer Coward

Semonin REALTORS License #RB16001872

Semonin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $541

Year Built

  • Built in 1929

Lot Details

  • 4,792

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Ramp on the main level
  • Covered Patio or Porch
  • 4,792 Sq Ft Lot
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502801038000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$541

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Annual Tax: 541
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Legal Description: P 47 E 30' L 154
  • Parcel Number: 220502801038000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1050
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 1050.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s)
  • Lot Sq Ft: 4791.60
  • Sewer Type: Sewer
  • Total Sq Ft: 1050

Exterior Features

  • Exterior Features: Covered Porch, Porch, Ramp

Utilities

  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1100
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Sep 30, 2019
Sold by
We Buy Houses Kentuckiana Llc
Bought by
Briar Restorations Llc
Seller's Agent
Jeff Simmons
REI Realty, LLC
Buyer's Agent
Jennifer Coward
Semonin REALTORS
List Price
$39,900
Sold Price
$41,000
Premium/Discount to List
$1,100
2.76%
Current Estimated Value
$183,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,081
Avg. Annual Appreciation
26.71%
Original Mortgage
$27,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2019
Closed on
Aug 13, 2019
Sold by
T S P Properties Llc
Bought by
We Buy Houses Kentuckiana Llc
Seller's Agent
Jeff Simmons
REI Realty, LLC
Buyer's Agent
Jennifer Coward
Semonin REALTORS
List Price
$39,900
Sold Price
$41,000
Premium/Discount to List
$1,100
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2010
Sold by
Auditor Of Floyd County
Bought by
Tsp Property Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Briar Restorations Llc -- None Available
We Buy Houses Kentuckiana Llc -- None Available
Tsp Property Llc $1,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner We Buy Houses Kentuckiana Llc $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $41,000 +2.8% $39 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $39,900 -- $38 / 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 $2,090 $98,400 $11,600 $86,800
2023 $1,934 $90,600 $11,600 $79,000
2022 $1,704 $79,800 $11,600 $68,200
2021 $1,515 $70,400 $11,600 $58,800
2020 $1,444 $67,000 $11,600 $55,400
2019 $379 $69,100 $11,600 $57,500
2018 $438 $66,300 $11,600 $54,700
2017 $3,538 $63,000 $11,600 $51,400
2016 $1,288 $62,400 $11,600 $50,800
2014 $1,072 $53,600 $11,600 $42,000
2013 -- $52,200 $11,600 $40,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jeff Simmons

    REI Realty, LLC

    20 in this area

    32 Total Sales

    Jeff Simmons
    Section Image
  • Jennifer Coward

    Buyer's Agent in 2019

    Jennifer Coward

    Semonin Realty

    (812) 989-1529

    12 in this area

    77 Total Sales

    Jennifer Coward
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2019010495

Southern Indiana REALTORS® Association

APN: 22-05-02-801-038.000-008

Indiana Floyd County New Albany 47150

1909 E Spring St, New Albany, IN

Not Listed for Sale

Detached

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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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