$50,000
SOLD OCT 31, 2018

1938 E Elm St New Albany, IN 47150

3 Beds
1 Bath
1,584 Sq Ft
5,097 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

12% Below List Price

Highlights

  • 1 Fireplace
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Slate Run Elementary School Rated A-
  • First Floor Utility Room
  • 4-minute walk to Bicknell Park

About This Home

As of August 2019

Great potential! Solid income producing 3 bedroom – 1 bath home located in New Albany. Excellent opportunity for an investor to keep as a rental or a flip. Close to all amenities. Call today!

Last Agent to Sell the Property

Teresa Moody

RE/MAX Advantage License #RB14045468 Listed on: 09/13/2018

RE/MAX Advantage

Last Buyer's Agent

Cheryl Martin

Schuler Bauer Real Estate Services ERA Powered (N License #RB17000697

Schuler Bauer Real Estate Services ERA Powered (N

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • 1 Fireplace
  • Blinds
  • Entrance Foyer
  • First Floor Utility Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Sump Pump
  • Basement Cellar
  • Crawl Space

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 5,097 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 220502801017000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 58400
  • Annual Tax: 1290
  • Appointment: 24 Hour Notice
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 46800
  • Legal Description: P. 47 E 3' L.177 27' L. 179
  • Numof Fireplaces: 1
  • Parcel Number: 220502801017000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 105200
  • Total Finished Square Footage: 1584
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar, Crawl Space, Outside Entrance
  • Above Grade Finished Sq Ft: 1584.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace: Unknown
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Blinds, Built-In Bookcase, Eat-In Kitchen, Foyer, Sump Pump
  • Lot Sq Ft: 5096.52
  • Room Count: 7
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 1584
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch

Utilities

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

Lot Info

  • Acres: 0.1170
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 13, 2019
Sold by
Hartz Laura and Evans Jane
Bought by
Maytum Mary Jane
Seller's Agent
Cheryl Martin
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Troy Stiller
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$172,900
Sold Price
$169,000
Premium/Discount to List
-$3,900
-2.26%
Current Estimated Value
$211,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,020
Avg. Annual Appreciation
4.02%
Original Mortgage
$135,200
Outstanding Balance
$119,912
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$95,249

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 31, 2018
Sold by
Newburg Ventures Llc
Bought by
Hartz Laura and Evans Jane
Seller's Agent
Teresa Moody
RE/MAX Advantage
Buyer's Agent
Cheryl Martin
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$57,000
Sold Price
$50,000
Premium/Discount to List
-$7,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
376.54%

Purchase Details

Closed on
Jun 26, 2015
Sold by
Bam Investment Llc
Bought by
Newburg Ventures Llc
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 -- Executive Title
Warranty Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000 New Conventional
Open $135,200 New Conventional
Closed $135,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Sold $169,000 -2.3% $107 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $172,900 +245.8% $109 / Sq Ft
10/31/2018 10/31/18 Sold $50,000 -12.3% $32 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $57,000 -- $36 / 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 $1,111 $126,400 $11,600 $114,800
2023 $1,111 $116,200 $11,600 $104,600
2022 $1,007 $101,900 $11,600 $90,300
2021 $786 $89,600 $11,600 $78,000
2020 $682 $85,100 $11,600 $73,500
2019 $422 $64,100 $11,600 $52,500
2018 $1,337 $61,600 $11,600 $50,000
2017 $1,290 $58,400 $11,600 $46,800
2016 $1,156 $57,800 $11,600 $46,200
2014 -- $45,700 $11,600 $34,100
2013 -- $44,600 $11,600 $33,000
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Martin

    Seller's Agent in 2019

    Cheryl Martin

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 216-4729

    17 in this area

    116 Total Sales

    Cheryl Martin
    Section Image
  • Troy Stiller

    Buyer's Agent in 2019

    Troy Stiller

    Schuler Bauer Real Estate Services ERA Powered (N

    (812) 987-6574

    74 in this area

    700 Total Sales

    Troy Stiller
    Section Image
  • Teresa Moody

    Seller's Agent in 2018

    Teresa Moody

    RE/MAX

    (502) 295-6043

    26 in this area

    114 Total Sales

    Teresa Moody
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2018011779

Southern Indiana REALTORS® Association

APN: 22-05-02-801-017.000-008

Indiana Floyd County New Albany 47150

1938 E Elm St, New Albany, IN

This home is located at 1938 E Elm St, New Albany, IN 47150 and is currently priced at $50,000, approximately $31 per square foot. This property was built in 1929. 1938 E Elm 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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