NOT LISTED FOR SALE

2202 Budd Rd New Albany, IN 47150

Estimated Value: $184,000 - $296,000

5 Beds
2 Baths
4,024 Sq Ft
$58/Sq Ft Est. Value

Last Sold April 07, 2015

Last sale price $90,000 $22 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,397/month

81 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Primary Bedroom
  • First Floor Utility Room
  • Deck
  • Corner Lot
  • Formal Dining Room

About This Home

As of April 2015

Many possibilities for this home. The finished area has open floor plan with living room, dining area, IKEA kitchen, Laundry room, 2 bedrooms and full bath on the first floor. Another 2 bedrooms and a loft area being used as 5th bedroom and another full bath on the 2nd floor. All bedrooms are nice sized,check out the room sizes below. Enjoy movie nights in your own living room with movie projector, screen and surround sound. Electric stove insert keeps you warm. The updated kitchen is from IKEA and including cabinets, hardware, counters, shelving pantry unit and utility cart. This home also has a 1,000 sq ft of unfinished area that is studded, plumbed for a bath and ready to finish. This could be more room for your family or has potential as an apartment or converted as a duplex. There is plenty of room to grow in this home. A one year home warranty is included. All appliances stay. Home is all electric. 200 amp service.

Last Listed By

Bob Murphy

RE/MAX Advantage License #RB14027027 Listed on: 12/18/2014

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,018

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Corner Lot

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 4,024 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Electric Fireplace
  • Blinds
  • Family Room
  • Formal Dining Room
  • First Floor Utility Room
  • Washer
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 220500900231000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,018

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Improvements: 81100
  • Annual Tax: 1018
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Slab
  • Land Assessment: 26000
  • Legal Description: SEC:9 DIST:0005 CITY/MUNI/TWP:NEW ALBANY TOWNSHIP SW 1/4 NE 1/4 9-3-6 .296 AC. 2202 BU
  • Lot Dimensions: see lot size
  • Parcel Number: 220500900231000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 107100
  • Total Deduction Amnt: 71240
  • Total Finished Square Footage: 4024
  • Type: 2 Story
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 4024.00
  • Appliances: Clothes Washer, Dishwasher, Disposal, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Fireplace: Electric
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Added Storage, Blinds, Breakfast Bar, Cable Wired, Ceiling Fan(s), Eat-In Kitchen, Family Room, Formal Dining Rm, Open Floor Plan, Split Bedrooms, Utility/Mud Room, Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 12894.00
  • Room Count: 11
  • Sewer Type: Sewer
  • Total Sq Ft: 4024
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Deck, Enclosed Patio, Patio
  • Home Warranty: Yes

Garage/Parking

  • Garage Spaces: 0

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.3000
  • Lot Description: Corner Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2014
Closed on
Apr 7, 2015
Sold by
Parsons Braun Stephanie G
Bought by
Biffel Erica
Seller's Agent
Bob Murphy
RE/MAX Advantage
Buyer's Agent
Troy Stiller
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$97,000
Sold Price
$90,000
Premium/Discount to List
-$7,000
-7.22%
Total Days on Market
81
Current Estimated Value
$231,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,747
Avg. Annual Appreciation
8.84%
Original Mortgage
$72,000
Outstanding Balance
$58,409
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$153,666

Purchase Details

Listed on
Dec 18, 2014
Closed on
Apr 5, 2015
Sold by
Parsons Steven G and Parsons Bonnie M
Bought by
Parsons Braun Stephanie G
Seller's Agent
Bob Murphy
RE/MAX Advantage
Buyer's Agent
Troy Stiller
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$97,000
Sold Price
$90,000
Premium/Discount to List
-$7,000
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$58,409
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$153,666

Purchase Details

Closed on
Feb 23, 2006
Sold by
Shipman Jeffrey Lee and Shipman Carla Moser
Bought by
Parsons Braun Stephanie G and Parsons Steven G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,578
Interest Rate
6.2%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Biffel Erica -- --
Parsons Braun Stephanie G -- --
Parsons Braun Stephanie G -- Regional First Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biffel Erica $30,000
Open Biffel Erica $72,000
Previous Owner Parsons Braun Stephanie G $80,755
Previous Owner Parsons Braun Stephanie G $9,900
Previous Owner Parsons Braun Stephanie G $90,578
Previous Owner Shipman Jeffrey L $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2015 04/07/15 Sold $90,000 -7.2% $22 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
12/18/2014 12/18/14 For Sale $97,000 -- $24 / 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 $1,271 $141,400 $26,000 $115,400
2023 $1,271 $126,000 $26,000 $100,000
2022 $1,121 $108,300 $26,000 $82,300
2021 $930 $97,800 $26,000 $71,800
2020 $971 $102,100 $26,000 $76,100
2019 $839 $96,000 $26,000 $70,000
2018 $918 $101,200 $26,000 $75,200
2017 $731 $88,900 $26,000 $62,900
2016 $669 $88,300 $26,000 $62,300
2014 $981 $107,100 $26,000 $81,100
2013 -- $111,400 $26,000 $85,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201408455

Southern Indiana REALTORS® Association

APN: 22-05-00-900-231.000-008