NOT LISTED FOR SALE

2016 McDonald Ave New Albany, IN 47150

Estimated Value: $129,000 - $155,000

2 Beds
1 Bath
914 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 06, 2022

Last sale price $47,500 $52 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $878/month

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of September 2022

Investor Special, located in desirable area, needs a full rehab. Home is a 2 Bed 1 Bath, was a rental previously Sold AS IS, owner is Licensed Broker.

Last Agent to Sell the Property

Jeff Simmons

License #RB14045893 Listed on: 08/25/2022

Last Buyer's Agent

Jeff Simmons

License #RB14045893 Listed on: 08/25/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,792

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 914 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • 4,792 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 220504300740000008

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Improvements: 54400
  • Annual Tax: 1367
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site, Vacant
  • Foundation: Concrete Block
  • Land Assessment: 9000
  • Legal Description: P 490 E 15' L 31 & W 20' L 32 BLK 9
  • Parcel Number: 220504300740000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 63400
  • Total Finished Square Footage: 914
  • Type: 1 Story
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 914.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Lot Sq Ft: 4791.60
  • Sewer Type: Sewer
  • Total Sq Ft: 914

Exterior Features

  • Exterior Features: Covered Porch

Utilities

  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1100
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Hadley Ryan
Bought by
Pitman Jeremy Leroy
Current Estimated Value
$141,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,950
Outstanding Balance
$137,665
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
-$1,803

Purchase Details

Listed on
Aug 25, 2022
Closed on
Aug 23, 2022
Sold by
Indyre Llc
Bought by
Rei Enterprise Llc
Seller's Agent
Jeff Simmons
Buyer's Agent
Jeff Simmons
List Price
$49,900
Sold Price
$47,500
Premium/Discount to List
-$2,400
-4.81%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.14%
Original Mortgage
$32,200
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 11, 2019
Sold by
Savvy In Llc
Bought by
Indyre Llc

Purchase Details

Closed on
Apr 10, 2019
Sold by
Floyd County Auditor
Bought by
Savvy In Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Pitman Jeremy Leroy $140,000 None Listed On Document
Rei Enterprise Llc -- Rounsavall Law Office Llc
Indyre Llc -- None Available
Savvy In Llc $4,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitman Jeremy Leroy $138,950
Previous Owner Rei Enterprise Llc $32,200
Previous Owner Hines Phillip N $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $47,500 -4.8% $52 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $49,900 -- $55 / 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 $1,562 $67,900 $9,000 $58,900
2023 $1,562 $69,600 $9,000 $60,600
2022 $1,461 $68,300 $9,000 $59,300
2021 $1,367 $63,400 $9,000 $54,400
2020 $1,369 $63,400 $9,000 $54,400
2019 $1,292 $59,800 $9,000 $50,800
2018 $1,130 $52,000 $9,000 $43,000
2017 $487 $51,900 $9,000 $42,900
2016 $570 $49,000 $9,000 $40,000
2014 $207 $41,200 $9,000 $32,200
2013 -- $40,100 $9,000 $31,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeff Simmons

    18 in this area

    33 Total Sales

    Jeff Simmons
    Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2022011513

Southern Indiana REALTORS® Association

APN: 22-05-04-300-740.000-008

Indiana Floyd County New Albany 47150

2016 McDonald Ave, New Albany, IN

This home is located at 2016 McDonald Ave, New Albany, IN 47150 since 25 August 2022 and is currently estimated at $141,539, approximately $154 per square foot. This property was built in 1940. 2016 McDonald Ave is a home located in Floyd County with nearby schools including Fairmont 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.

Nearby Homes