1928 E Spring St New Albany, IN 47150
Estimated Value: $188,066 - $249,000
5
Beds
2
Baths
2,520
Sq Ft
$88/Sq Ft
Est. Value
Highlights
- Forced Air Heating and Cooling System
- Slate Run Elementary School Rated A-
- 3-minute walk to Bicknell Park
About This Home
As of May 2021INVESTMENT OPPORTUNITY! Beautiful duplex in New Albany, both units are currently rented, property is well maintained. Currently rented for $1795 per month, and the tenants pay their own gas & electric. The units are 3 bedroom, 1 bath (rented for $995) & a 2 bedroom, 1 bath (rented for $800).
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,479
Year Built
- Built in 1929
Lot Details
- 4,356 Sq Ft Lot
Home Design
- Frame Construction
Interior Spaces
- 2,520 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Gas Available
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 220502801054000008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2021
Closed on
Jun 8, 2021
Sold by
King Bradley J and King Ada A
Bought by
Tiny Elm Llc
Seller's Agent
Matt Schaefer
Schaefer Real Estate
Buyer's Agent
Nancy Stein
Semonin REALTORS
List Price
$174,900
Sold Price
$172,000
Premium/Discount to List
-$2,900
-1.66%
Total Days on Market
86
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,517
Avg. Annual Appreciation
4.77%
Original Mortgage
$129,000
Outstanding Balance
$118,058
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$89,299
Purchase Details
Listed on
Jan 26, 2021
Closed on
May 21, 2021
Sold by
Coakley Done E
Bought by
King Bradley J and King Ada A
Seller's Agent
Matt Schaefer
Schaefer Real Estate
Buyer's Agent
Nancy Stein
Semonin REALTORS
List Price
$174,900
Sold Price
$172,000
Premium/Discount to List
-$2,900
-1.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Outstanding Balance
$118,058
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$89,299
Purchase Details
Closed on
Nov 4, 2011
Sold by
First Savings Bank Fsb
Bought by
Coakley Don E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 27, 2011
Sold by
Burgett John E and Donaldson Rebecca
Bought by
First Savings Bank Fsb
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in New Albany, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tiny Elm Llc | -- | None Available | |
| King Bradley J | -- | None Available | |
| Coakley Don E | -- | None Available | |
| First Savings Bank Fsb | $30,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | King Bradley J | $129,000 | |
| Closed | King Bradley J | $129,000 | |
| Previous Owner | Coakley Donald E | $420,000 | |
| Previous Owner | Coakley Don E | $62,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2021 05/24/21 | Sold | $172,000 | -1.7% | $68 / Sq Ft |
| 04/22/2021 04/22/21 | Pending | -- | -- | -- |
| 04/12/2021 04/12/21 | For Sale | $174,900 | 0.0% | $69 / Sq Ft |
| 02/02/2021 02/02/21 | Pending | -- | -- | -- |
| 01/26/2021 01/26/21 | For Sale | $174,900 | -- | $69 / Sq Ft |
Source: Southern Indiana REALTORS® Association
Tax History Compared to Growth
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 | $2,457 | $114,200 | $11,500 | $102,700 |
| 2023 | $2,457 | $114,200 | $11,500 | $102,700 |
| 2022 | $2,459 | $114,200 | $11,500 | $102,700 |
| 2021 | $2,477 | $114,200 | $11,500 | $102,700 |
| 2020 | $2,480 | $114,200 | $11,500 | $102,700 |
| 2019 | $2,479 | $114,200 | $11,500 | $102,700 |
| 2018 | $2,494 | $114,200 | $11,500 | $102,700 |
| 2017 | $2,397 | $107,900 | $11,500 | $96,400 |
| 2016 | $2,174 | $125,100 | $11,500 | $113,600 |
| 2014 | $1,967 | $97,500 | $11,500 | $86,000 |
| 2013 | -- | $94,700 | $11,500 | $83,200 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Schaefer
M
Seller's Agent in 2021
Matt Schaefer
Schaefer Real Estate
(502) 552-4842
32 in this area
76 Total Sales
-
Nancy Stein
Buyer's Agent in 2021
Nancy Stein
Semonin Realty
(502) 296-4306
80 in this area
154 Total Sales
Map
Source: Southern Indiana REALTORS® Association
MLS Number: 202105494
APN: 22-05-02-801-054.000-008
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.
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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