NOT LISTED FOR SALE

206 Olive Ave New Albany, IN 47150

Estimated Value: $176,000 - $228,697

3 Beds
2 Baths
1,250 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $158,500 $127 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,262/month

60 Days on Market

Highlights

  • Under Construction
  • Covered patio or porch
  • Eat-In Kitchen
  • Open Floorplan
  • First Floor Utility Room
  • 4-minute walk to Kevin Hammersmith Memorial Park

About This Home

As of May 2020

Affordable NEW CONSTRUCTION that is MOVE-IN READY! This great, open floor plan features 3 spacious bedrooms, 2 full bathrooms & quality finishes not typically found in this price range…Fiber Cement Board siding, Luxury Vinyl Plank flooring throughout and much more! Convenient location off of State Street, centrally located between I-265 and I-64, and close to the hospital. Listing agent is owner. All sizes & measurements are approximate.

Last Listed By

Matt Schaefer

Schaefer Real Estate License #RB14041359 Listed on: 02/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $286

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 3,920

Home Design

  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Hardboard

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Screens
  • First Floor Utility Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Ceramic Tile in Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater

Additional Features

  • Covered patio or porch
  • 3,920 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 220503400404000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$286

Year Built

Built in 2020 | Under Construction

Lot Details

0

Listing Details

  • Annual Tax: 286
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site, New Construction, Under Construction
  • Foundation: Poured Concrete, Slab
  • Land Assessment: 10400
  • Legal Description: P 353 NW 17' L. 22 E 17' L. 21
  • New Construction: Yes
  • Parcel Number: 220503400404000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 10400
  • Total Finished Square Footage: 1250
  • Type: 1 Story
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1250.00
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Ceiling Fan(s), Ceramic Bath, Eat-In Kitchen, Kitchen Island, Open Floor Plan, Pantry, Walk-In Closet(s)
  • Lot Sq Ft: 3920.40
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 1250
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Hardboard Siding, Porch, Public Sidewalk, Screens

Utilities

  • Cooling Type: Central Air, Heat Pump
  • Fuel Type: Electric
  • Heat Type: Forced Air, Heat Pump
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.0900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
May 27, 2020
Sold by
Schaefer Built Homes Llc
Bought by
Atkins Whitney Olivia
Seller's Agent
Matt Schaefer
Schaefer Real Estate
Buyer's Agent
Kim Karem-LaPilusa
Green Tree Real Estate Services
List Price
$159,900
Sold Price
$158,500
Premium/Discount to List
-$1,400
-0.88%
Total Days on Market
60
Current Estimated Value
$201,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,174
Avg. Annual Appreciation
6.51%
Original Mortgage
$155,628
Outstanding Balance
$139,466
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$77,471

Purchase Details

Closed on
Jul 16, 2019
Sold by
Hambaugh Mildred M
Bought by
Schaefer Built Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
3.6%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Atkins Whitney Olivia -- None Available
Schaefer Built Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atkins Whitney Olivia $155,628
Previous Owner Schaefer Built Homes Llc $121,600
Previous Owner Hambaugh Mildred M $44,400
Previous Owner Hambaugh Mildred M $35,582
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $158,500 -0.9% $127 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $159,900 -- $128 / 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 $1,654 $184,700 $10,400 $174,300
2023 $1,654 $156,600 $10,400 $146,200
2022 $1,610 $152,000 $10,400 $141,600
2021 $1,338 $126,200 $10,400 $115,800
2020 $296 $10,400 $10,400 $0
2019 $286 $10,400 $10,400 $0
2018 $286 $10,400 $10,400 $0
2017 $290 $10,400 $10,400 $0
2016 -- $58,400 $10,400 $48,000
2014 -- $66,500 $10,500 $56,000
2013 -- $64,600 $10,400 $54,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202006126

Southern Indiana REALTORS® Association

APN: 22-05-03-400-404.000-008