$62,000
SOLD DEC 22, 2016

2207 Palmer Ct New Albany, IN 47150

4 Beds
1 Bath
1,344 Sq Ft
5,532 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

3% Above List Price

19 Days on Market

Highlights

  • Shed
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of July 2017

All brick ranch with 4 bedrooms and 1 full bath. Corner lot. 2 driveways. This is a HUD owned home, SOLD AS IS. HUD case # 151-867133, Listed FHA ie (Insured with repair escrow) This home qualifies for just a $100 down payment if FHA financing is used. Qualifies for FHA 203K financing. It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status or national origin. Number of rooms, measurements and sq. ft are not warranted, if critical buyer should verify. Taxes may reflect a deduction that may not continue to apply, possibly resulting in a higher tax bill.

Last Agent to Sell the Property

Gene Baxter

Schuler Bauer Real Estate Services ERA Powered (N License #RB14021497 Listed on: 10/26/2016

Schuler Bauer Real Estate Services ERA Powered (N

Co-Listed By

Teresa Baxter

Schuler Bauer Real Estate Services ERA Powered (N License #RB14051574

Last Buyer's Agent

Pam Lumley

RE/MAX Ability Plus License #RB14031949

RE/MAX Ability Plus

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Home Design

  • Frame Construction

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Shed
  • 5,532 Sq Ft Lot

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220502701099000008

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Improvements: 65300
  • Annual Tax: 1592
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Land Assessment: 14100
  • Legal Description: P. 788 L. 29 2207 PALMER CT.
  • Lot Dimensions: see lot size
  • Out Buildings: Shed
  • Parcel Number: 220502701099000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 79400
  • Total Finished Square Footage: 1344
  • Type: 1 Story
  • Year Built: 1971
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 1344.00
  • Appliances: Microwave
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Lot Measurement: Acres
  • Lot Sq Ft: 5532.00
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1344
  • Total Rooms: 6

Garage/Parking

  • Garage Spaces: 0

Utilities

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

Lot Info

  • Acres: 0.1300
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Jul 27, 2017
Sold by
River City Properties Llc
Bought by
Bonning Geoff
Seller's Agent
AJ McDonald
Bridge Realtors
Buyer's Agent
Kristen Abell
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$119,000
Sold Price
$116,500
Premium/Discount to List
-$2,500
-2.1%
Total Days on Market
19
Current Estimated Value
$192,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,381
Avg. Annual Appreciation
6.56%
Original Mortgage
$110,675
Outstanding Balance
$93,325
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$98,480

Purchase Details

Closed on
May 3, 2017
Sold by
Popson Theresa M
Bought by
River City Proprties Llc

Purchase Details

Listed on
Oct 26, 2016
Closed on
Dec 19, 2016
Sold by
Hud
Bought by
Popson Terri
Seller's Agent
Gene Baxter
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Pam Lumley
RE/MAX Ability Plus
List Price
$60,000
Sold Price
$62,000
Premium/Discount to List
$2,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%

Purchase Details

Closed on
Apr 8, 2014
Sold by
Bank Of America
Bought by
Hud

Purchase Details

Closed on
Apr 3, 2014
Sold by
Floyd County Sheriff
Bought by
Bank Of America

Purchase Details

Closed on
Mar 1, 2006
Sold by
Mcmahan Matthew D and Hublard Valerie R
Bought by
Mcmahan Nelson and Hamlin James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,550
Interest Rate
8.37%
Mortgage Type
Assumption
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
Deed $116,500 Kemp Title Agency Llc
Quit Claim Deed -- Kemp Title Agency Llc
Warranty Deed -- Mattingly Ford Title Service
Warranty Deed -- --
Sheriffs Deed -- --
Deed -- Kentucky Pioneer Title Compa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,675 New Conventional
Previous Owner $107,996 FHA
Previous Owner $87,550 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2017 07/27/17 Sold $116,500 -2.1% $87 / Sq Ft
07/04/2017 07/04/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $119,000 +91.9% $89 / Sq Ft
12/22/2016 12/22/16 Sold $62,000 +3.3% $46 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
10/26/2016 10/26/16 For Sale $60,000 -- $45 / 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 $1,275 $154,000 $14,100 $139,900
2023 $1,275 $126,200 $14,100 $112,100
2022 $973 $104,500 $14,100 $90,400
2021 $878 $99,400 $14,100 $85,300
2020 $827 $98,200 $14,100 $84,100
2019 $504 $80,200 $14,100 $66,100
2018 $407 $73,500 $14,100 $59,400
2017 $490 $73,200 $14,100 $59,100
2016 $1,541 $77,000 $14,100 $62,900
2014 $1,570 $78,300 $14,100 $64,200
2013 -- $76,200 $14,100 $62,100
Source: Public Records

Agents Affiliated with this Home

  • AJ McDonald

    Seller's Agent in 2017

    AJ McDonald

    Bridge Realtors

    Section Image
  • Kristen Abell

    Buyer's Agent in 2017

    Kristen Abell

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 639-7511

    8 in this area

    44 Total Sales

    Kristen Abell
    Section Image
  • Gene Baxter

    Seller's Agent in 2016

    Gene Baxter

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 592-0884

    Section Image
  • Teresa Baxter

    Seller Co-Listing Agent in 2016

    Teresa Baxter

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 592-0884

    22 in this area

    75 Total Sales

    Teresa Baxter
    Section Image
  • Pam Lumley

    Buyer's Agent in 2016

    Pam Lumley

    RE/MAX

    (502) 552-5206

    19 in this area

    76 Total Sales

    Pam Lumley
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201606802

Southern Indiana REALTORS® Association

APN: 22-05-02-701-099.000-008

Indiana Floyd County New Albany 47150

2207 Palmer Ct, New Albany, IN

This home is located at 2207 Palmer Ct, New Albany, IN 47150 and is currently priced at $62,000, approximately $46 per square foot. This property was built in 1971. 2207 Palmer Ct is a home located in Floyd County with nearby schools including Green Valley Elementary School, Nathaniel Scribner 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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