NOT LISTED FOR SALE

1928 E Spring St New Albany, IN 47150

Estimated Value: $200,424 - $254,000

5 Beds
2 Baths
2,520 Sq Ft
$89/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $172,000 $68 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,446/month

86 Days on Market

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 2021

INVESTMENT 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).

Last Agent to Sell the Property

Matt Schaefer

Schaefer Real Estate License #RB14041359 Listed on: 01/26/2021

Last Buyer's Agent

Nancy Stein

Semonin REALTORS License #RB14030661

Semonin REALTORS

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,479

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 102700
  • Annual Tax: 2479
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Land Assessment: 11500
  • Legal Description: P. 47 W 5' L. 171 & E 30' L. 169
  • Parcel Number: 220502801054000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 114200
  • Total Finished Square Footage: 2520
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric, Natural Gas
  • Above Grade Finished Sq Ft: 2520.00
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Lot Sq Ft: 4356.00
  • Room Count: 11
  • Sewer Type: Sewer
  • Total Sq Ft: 2520
  • Total Rooms: 9

Utilities

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

Lot Info

  • Acres: 0.1000

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%
Current Estimated Value
$224,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,606
Avg. Annual Appreciation
6.17%
Original Mortgage
$129,000
Outstanding Balance
$118,058
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$102,459

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
$102,459

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
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 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

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 $2,457 $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

  • M

    Seller's Agent in 2021

    Matt Schaefer

    Schaefer Real Estate

    (502) 552-4842

    28 in this area

    74 Total Sales

    Matt Schaefer
    Section Image
  • Nancy Stein

    Buyer's Agent in 2021

    Nancy Stein

    Semonin Realty

    (502) 296-4306

    77 in this area

    154 Total Sales

    Nancy Stein
    Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202105494

Southern Indiana REALTORS® Association

APN: 22-05-02-801-054.000-008

Indiana Floyd County New Albany 47150

1928 E Spring St, New Albany, IN

This home is located at 1928 E Spring St, New Albany, IN 47150 since 26 January 2021 and is currently estimated at $224,606, approximately $89 per square foot. This property was built in 1929. 1928 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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