$233,000
SOLD JAN 9, 2025

216 W 7th St New Albany, IN 47150

3 Beds
2.5 Baths
1,920 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$121 Per Sq Ft

10% Below List Price

24 Days on Market

Highlights

  • Covered Patio or Porch
  • Kitchen Island
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

Motivated seller! Bring us an offer!!! Do not delay is scheduling to see this beauty! Home was gutted down to the studs and rebuilt with you and your family in mind! No stone left unturned with 10 feet ceilings, new windows on main level, new HVAC system, new tankless hot water heater, new lighting, new plumbing and electric. EVERYTHING IS NEW! Conveniently located in downtown New Albany, this spacious open concept home has a huge living room, kitchen, and dining area. You'll immediately notice the luxury vinyl floors that flow throughout. Kitchen cabinetry, island, granite countertops, tile backsplash all make this kitchen a chefs dream. Make your way up the custom stair railing to the gorgeous mater suite with a full bathroom and walk in closet. The second level is complete with two additional large bedrooms and another brand new full bath. All new carpet. Relax outside on either the front covered porch or patio out back, Huge laundry room finishes out this house. Located next to Scribner Middle school and the highways for easy access! Call today for your personal showing!

Last Agent to Sell the Property

Diamond Shirley

License #RB16000842 Listed on: 11/15/2024

Last Buyer's Agent

Mario Johnson

RE/MAX FIRST License #RB15000099

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $240

Year Built

  • Built in 1929

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • 3,920 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 0087670003

Home Details

Home Type

Single Family

Est. Annual Taxes

$240

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Appointment: Mandatory
  • Construction: Existing
  • Legal Description: P.51 L.8
  • Parcel Number: 0087670003
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1920
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1920.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Interior Amenities: Kitchen Island
  • Lot Sq Ft: 3920.40
  • Sewer Type: Sewer
  • Total Sq Ft: 1920

Exterior Features

  • Exterior Features: Covered Porch, Porch

Utilities

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

Lot Info

  • Acres: 0.0900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Jan 9, 2025
Sold by
Motherlode Investments Llc and All Aspects Construction Llc
Bought by
Meehan Heidi
Seller's Agent
Diamond Shirley
Buyer's Agent
Mario Johnson
RE/MAX FIRST
List Price
$259,000
Sold Price
$233,000
Premium/Discount to List
-$26,000
-10.04%
Views
59
Current Estimated Value
$240,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,604
Avg. Annual Appreciation
3.76%
Original Mortgage
$228,779
Outstanding Balance
$227,010
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$13,594

Purchase Details

Listed on
Nov 10, 2023
Closed on
Dec 15, 2023
Sold by
Rochner Jay Edward
Bought by
Motherlode Investments Llc
Seller's Agent
Matt Schaefer
Schaefer Real Estate
Buyer's Agent
Lisa Donohue
Green Tree Real Estate Services
List Price
$54,900
Sold Price
$31,500
Premium/Discount to List
-$23,400
-42.62%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
527.03%
Original Mortgage
$152,000
Interest Rate
7.76%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 10, 2023
Closed on
Dec 14, 2023
Sold by
Rochner Jay Edward
Bought by
Motherlode Investments Llc
Seller's Agent
Matt Schaefer
Schaefer Real Estate
Buyer's Agent
Lisa Donohue
Green Tree Real Estate Services
List Price
$54,900
Sold Price
$31,500
Premium/Discount to List
-$23,400
-42.62%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.76%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Listed On Document
Warranty Deed $233,000 None Listed On Document
Warranty Deed $31,500 None Listed On Document
Warranty Deed $31,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,779 FHA
Closed $228,779 New Conventional
Previous Owner $152,000 Construction
Previous Owner $152,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2025 01/09/25 Sold $233,000 +1.3% $121 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
12/06/2024 12/06/24 Price Changed $229,900 -8.0% $120 / Sq Ft
11/25/2024 11/25/24 Price Changed $249,900 -3.5% $130 / Sq Ft
11/15/2024 11/15/24 For Sale $259,000 +722.2% $135 / Sq Ft
12/08/2023 12/08/23 Sold $31,500 -30.0% $29 / Sq Ft View Prior Sale
11/22/2023 11/22/23 Pending -- -- --
11/20/2023 11/20/23 Price Changed $45,000 -9.8% $41 / Sq Ft
11/16/2023 11/16/23 Price Changed $49,900 -9.1% $46 / Sq Ft
11/10/2023 11/10/23 For Sale $54,900 -- $50 / 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 $240 $36,300 $11,300 $25,000
2023 $0 $39,300 $11,300 $28,000
2022 $0 $38,100 $11,300 $26,800
2021 $756 $35,000 $11,300 $23,700
2020 $0 $35,000 $11,300 $23,700
2019 $0 $32,500 $11,300 $21,200
2018 $0 $32,200 $11,300 $20,900
2017 $0 $32,300 $11,300 $21,000
2016 -- $32,100 $11,300 $20,800
2014 -- $28,200 $11,300 $16,900
2013 $71 $27,600 $11,300 $16,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2024012306

Southern Indiana REALTORS® Association

APN: 22-05-00-300-098.000-008