$55,000
SOLD FEB 21, 2014

1937 E Spring St New Albany, IN 47150

3 Beds
2 Baths
1,694 Sq Ft
8,494 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

21% Below List Price

25 Days on Market

Highlights

  • Enclosed patio or porch
  • Fenced Yard
  • Built-in Bookshelves
  • Slate Run Elementary School Rated A-
  • 1 Car Detached Garage
  • 3-minute walk to Bicknell Park

About This Home

As of January 2019

Quick Possession! A lot of space for the money! Commercial potential w/ a high traffic location. 3 bedrooms, 2 baths, w/ basement. This historical 2 story home has lots of character w/ its original hardwood floors, built-in bookcase, & natural wood trim. Big rooms throughout. All appliances remain. Enclosed back porch overlooks spacious fenced backyard. Detached 1 car garage. Security system. Newer furnace, wiring, & roof. Visit www.historicnewalbany.com for the history on this stately Queen Anne home. Tax bill is higher due to no exemptions. All measurements are approx. Property will not qualify for FHA financing in current condition.

Last Agent to Sell the Property

Eric Watkins

Watkins Real Estate Solutions License #RB14028788

Last Buyer's Agent

David Bauer

Schuler Bauer Real Estate Services ERA Powered (N License #RB14014626

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 8,494 Sq Ft Lot
  • Lot Dimensions are 50x170
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 1,694 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Home Security System
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220502801044000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Improvements: 56600
  • Annual Tax: 1765
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 19400
  • Legal Description: P. 47 L. 168
  • Lot Dimensions: 50x170
  • Parcel Number: 220502801044000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 76000
  • Total Finished Square Footage: 1694
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 1694.00
  • Appliances: Dishwasher, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: Built-In Bookcase, Natural Wood Trim, Security System
  • Lot Measurement: Acres
  • Lot Sq Ft: 8494.00
  • Room Count: 9
  • Sewer Type: Sewer
  • Total Sq Ft: 1694
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Covered Porch, Enclosed Porch, Fenced Yard, Porch, Public Sidewalk

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

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: 0.2000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2018
Closed on
Jan 17, 2019
Sold by
Rocha Alejandro and Coronado Roberto
Bought by
White Zachary Austin
Seller's Agent
Jess Shoots
Berkshire Hathaway HomeServices Parks & Weisberg R
Buyer's Agent
Bob Murphy
RE/MAX Advantage
List Price
$179,000
Sold Price
$177,000
Premium/Discount to List
-$2,000
-1.12%
Total Days on Market
25
Current Estimated Value
$235,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,709
Avg. Annual Appreciation
4.61%
Original Mortgage
$173,794
Outstanding Balance
$157,081
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$78,628

Purchase Details

Listed on
Jan 7, 2014
Closed on
Feb 21, 2014
Sold by
Frost John Nelson and Frost Alva Lou
Bought by
Rocha Alejandro and Rocha Roberto
Seller's Agent
Eric Watkins
Watkins Real Estate Solutions
Buyer's Agent
David Bauer
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.88%

Purchase Details

Closed on
Mar 4, 2011
Sold by
Frost John Nelson
Bought by
Frost Alva

Purchase Details

Closed on
Aug 5, 2009
Sold by
Frost Alva Lou and Frost Fred N
Bought by
Frost John Nelson

Map

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 -- None Available
Warranty Deed -- Kemp Title Agency Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $173,794 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $177,000 -1.6% $104 / Sq Ft
12/08/2018 12/08/18 Pending -- -- --
12/03/2018 12/03/18 Price Changed $179,900 +0.5% $106 / Sq Ft
11/30/2018 11/30/18 For Sale $179,000 +225.5% $106 / Sq Ft
02/21/2014 02/21/14 Sold $55,000 -21.3% $32 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $69,900 -- $41 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $1,851 $190,100 $19,400 $170,700
2023 $1,851 $174,900 $19,400 $155,500
2022 $1,628 $153,600 $19,400 $134,200
2021 $1,443 $135,800 $19,400 $116,400
2020 $1,351 $129,000 $19,400 $109,600
2019 $1,423 $133,300 $19,400 $113,900
2018 $1,700 $78,300 $19,400 $58,900
2017 $1,648 $74,600 $19,400 $55,200
2016 $457 $73,900 $19,400 $54,500
2014 $442 $64,700 $19,400 $45,300
2013 -- $76,000 $19,400 $56,600
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 201400175

Southern Indiana REALTORS® Association

APN: 22-05-02-801-044.000-008