$50,000
SOLD NOV 10, 2017

2212 E Spring St New Albany, IN 47150

6 Beds
4 Baths
3,150 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$16 Per Sq Ft

28% Below List Price

81 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

Great opportunity for an investor looking to add to their portfolio! 4-plex for sale with two units with 2 bedrooms and two units with 1 bedroom. Great cash flow once repairs are completed. Home does need repairs. Sold as is.

Last Agent to Sell the Property

John Koerner

Property Advancement Realty License #RB14033863

Co-Listed By

Chris Koerner

Property Advancement Realty License #RB14051669

Last Buyer's Agent

Matthew McMahan

License #RB14031108

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Home Design

  • Frame Construction

Interior Spaces

  • 3,150 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement
  • Exterior Basement Entry
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

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

Additional Features

  • Covered patio or porch
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220502900934000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 105900
  • Annual Tax: 2392
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Land Assessment: 13900
  • Legal Description: P 470 E 40' L. 89
  • Parcel Number: 220502900934000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 119800
  • Total Finished Square Footage: 3150
  • Type: 1.5 Story
  • Year Built: 1929
  • Special Features: 20

Interior Features

  • Water Heater: Electric
  • Basement Type: Outside Entrance, Partially Finished
  • Above Grade Finished Sq Ft: 2300.00
  • Appliances: Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Lot Sq Ft: 6098.40
  • Room Count: 18
  • Sewer Type: Sewer
  • Total Sq Ft: 3150
  • Total Rooms: 14

Exterior Features

  • Exterior Features: Covered Porch

Utilities

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

Lot Info

  • Acres: 0.1400

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
81
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

Map

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
Warranty Deed $382,000 Berkshire Law Llc
Warranty Deed -- Freibert & Mattingly Title
Warranty Deed -- Freibert & Mattingly Title
Deed -- Fidelity Land Title
Sheriffs Deed $118,763 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 New Conventional
Closed $180,000 Construction
Previous Owner $403,513 New Conventional
Previous Owner $101,250 New Conventional
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

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

Source: Southern Indiana REALTORS® Association

MLS Number: 201708810

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 and is currently priced at $50,000, approximately $15 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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