NOT LISTED FOR SALE

2212 E Spring St New Albany, IN 47150

Estimated Value: $164,000 - $241,000

5 Beds
4 Baths
2,616 Sq Ft
$81/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $191,000 $73 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,669/month

3 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • 3-minute walk to Bicknell Park
  • Slate Run Elementary School Rated A-

About This Home

As of May 2022

Investors take notice. Here's your chance to own a 4-plex in a convenient New Albany location. Units 1 and 2 are 1 bedroom/1 bath units and are ready to rent. Unit 3 and 4 are ready for your finishing touches. Unit 3 when finished would be a 1 bed/1 bath and Unit 4 has the potential to be a 2 bed/1 bath. Seller is leaving all appliances currently in the property. This property features newer roof, gutters, and updated electrical. Put your finishing touches on this property and enter the world of passive income. 8 parking spaces available in back of property. BEING SOLD "AS IS".

Last Listed By

Jeremy Ward

Ward Realty Services License #RB14035695 Listed on: 05/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,316

Year Built

  • Built in 1929

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x154
  • Property is zoned Multi Family

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,616 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220502900934000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,316

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 140200
  • Additional Parking: Off Street
  • Annual Tax: 3316
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 13900
  • Legal Description: P 470 E 40' L. 89
  • Lot Dimensions: 40x154
  • Parcel Number: 220502900934000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 154100
  • Total Finished Square Footage: 2616
  • Type: 1.5 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 2180.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Lot Sq Ft: 6098.40
  • Room Count: 13
  • Sewer Type: Sewer
  • Total Sq Ft: 2616
  • Total Rooms: 13

Exterior Features

  • Exterior Features: Covered Porch

Utilities

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

Lot Info

  • Acres: 0.1400
  • Zoning: Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
May 31, 2022
Sold by
Nathan Vircari Jeremy
Bought by
Fowler Real Estate Llc
Seller's Agent
Jeremy Ward
Ward Realty Services
Buyer's Agent
Chantel Treadway
RE/MAX Advantage
List Price
$185,000
Sold Price
$191,000
Premium/Discount to List
$6,000
3.24%
Total Days on Market
3
Current Estimated Value
$210,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,954
Avg. Annual Appreciation
4.30%
Original Mortgage
$180,000
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 26, 2019
Sold by
Collins Andrew
Bought by
Vicari Jeremy Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2017
Closed on
Nov 9, 2017
Sold by
Bayview Loan Servicing Llc
Bought by
Mdm Management Llc
Seller's Agent
John Koerner
Property Advancement Realty
Buyer's Agent
Matthew McMahan
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.46%

Purchase Details

Closed on
May 11, 2017
Sold by
Floyd County Sheriff
Bought by
Bayview Loan Servicing Llc

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 Buyer Sale Price Title Company
Fowler Real Estate Llc $382,000 Berkshire Law Llc
Vicari Jeremy Nathan -- Freibert & Mattingly Title
Collins Andrew -- Freibert & Mattingly Title
Mdm Management Llc -- Fidelity Land Title
Bayview Loan Servicing Llc $118,763 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Real Estate Llc $204,000
Closed Fowler Real Estate Llc $180,000
Previous Owner Vicari Jeremy Nathan $403,513
Previous Owner Collins Andrew $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $191,000 +3.2% $73 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $185,000 +270.0% $71 / Sq Ft
11/10/2017 11/10/17 Sold $50,000 -20.5% $16 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
10/21/2017 10/21/17 Price Changed $62,900 -10.0% $20 / Sq Ft
08/17/2017 08/17/17 For Sale $69,900 -- $22 / 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 $5,853 $203,200 $13,900 $189,300
2023 $5,853 $181,400 $13,900 $167,500
2022 $3,611 $169,100 $13,900 $155,200
2021 $3,316 $154,100 $13,900 $140,200
2020 $3,175 $147,300 $13,900 $133,400
2019 $2,904 $64,600 $13,900 $50,700
2018 $1,387 $63,900 $13,900 $50,000
2017 $1,290 $119,800 $13,900 $105,900
2016 $2,691 $118,600 $13,900 $104,700
2014 $2,633 $92,200 $13,900 $78,300
2013 -- $97,700 $13,900 $83,800
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Ward

    Seller's Agent in 2022

    Jeremy Ward

    Ward Realty Services

    (812) 987-4048

    179 in this area

    1,225 Total Sales

    Jeremy Ward
    Section Image
  • Abrielle Linton

    Seller Co-Listing Agent in 2022

    Abrielle Linton

    Ward Realty Services

    (812) 989-1524

    19 in this area

    78 Total Sales

    Abrielle Linton
    Section Image
  • Chantel Treadway

    Buyer's Agent in 2022

    Chantel Treadway

    RE/MAX

    (502) 552-2846

    2 in this area

    59 Total Sales

    Chantel Treadway
    Section Image

  • J

    Seller's Agent in 2017

    John Koerner

    Property Advancement Realty

    7 in this area

    81 Total Sales

    John Koerner
    Section Image
  • Chris Koerner

    Seller Co-Listing Agent in 2017

    Chris Koerner

    Property Advancement Realty

    (502) 639-3219

    72 in this area

    334 Total Sales

    Chris Koerner
    Section Image

  • M

    Buyer's Agent in 2017

    Matthew McMahan

See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202208556

Southern Indiana REALTORS® Association

APN: 22-05-02-900-934.000-008

Indiana Floyd County New Albany 47150

2212 E Spring St, New Albany, IN

Homes for Sale in New Albany, IN

This home is located at 2212 E Spring St, New Albany, IN 47150 since 02 May 2022 and is currently estimated at $210,954, approximately $80 per square foot. This property was built in 1929. 2212 E Spring St is a home located in Floyd County with nearby schools including Slate Run 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.

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