NOT LISTED FOR SALE

225 Lafayette St New Albany, IN 47150

Estimated Value: $345,000 - $382,186

4 Beds
2.5 Baths
3,449 Sq Ft
$105/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $300,000 $87 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,184/month

81 Days on Market

Highlights

  • Home Theater
  • Cathedral Ceiling
  • Bonus Room
  • Deck
  • 4 Fireplaces
  • Covered Patio or Porch

About This Home

As of September 2021

This home has historical appeal plus many modern updates and improvements! Open the door to a gracious foyer and hall with access to the entire house without undue traffic thru other rooms. The entrance hall retains its original curved Italianate-style staircase with Chestnut newel post, cherry handrail, and maple balusters. This leads you upstairs to four bedrooms, two full bathrooms, and an office/library/media room complete with fireplace. The large Master bedroom has a beautiful fireplace and closet/dressing room that will be the envy of your friends. The Master bathroom has a large, walk-in shower and original, cast iron, claw foot tub. Off the front hall, you will find a large family room with fireplace and impressive chandelier, a sitting room, and formal dining room with another fireplace and amazing chandelier. The large kitchen has been completely modernized with all new cabinets, countertops, appliances, breakfast bar, lighting and flooring. Other updates include two new HVAC units, gas water heater, all new wiring and plumbing, and new windows upstairs. Many of the original features include hardwood floors, ivory door knobs, claw foot tub, mantles, doors, and windows on the main floor (new pulleys have been installed for easy opening). The railing on the back porch is the original fence from the front yard. Parking is in the rear, through the gated privacy fence. Additional parking and main entrance is in front. Minimal "White Noise" from highway.

Last Agent to Sell the Property

Shawn Faye

RE/MAX Ability Plus License #RB14044059 Listed on: 04/19/2021

RE/MAX Ability Plus

Last Buyer's Agent

Michelle Schnell-Gammons

License #RB14045825

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 1858

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 55 x 120
  • Fenced Yard
  • Gated Home
  • Landscaped

Parking

  • On-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction
  • Block Exterior
  • Wood Trim
  • Vinyl Siding

Interior Spaces

  • 3,449 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 4 Fireplaces
  • Electric Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • First Floor Utility Room
  • Storage
  • Utility Room
  • Basement Cellar
  • Motion Detectors

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220500300381000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,022

Year Built

Built in 1858

Lot Details

0

Listing Details

  • Improvements: 32600
  • Additional Parking: On Street
  • Annual Tax: 1022
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 14800
  • Legal Description: P 93 L 18
  • Lot Dimensions: 55 x 120
  • Numof Fireplaces: 4
  • Open House Count: 1
  • Parcel Number: 220500300381000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 47400
  • Total Finished Square Footage: 3449
  • Type: 2 Story
  • Year Built: 1858
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 3449.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Electric
  • Interior Amenities: 1st Floor Utility, Added Storage, Bath Master, Bonus Room, Breakfast Bar, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Family Room, Formal Dining Rm, Foyer, Kitchen Island, Media Room, Natural Wood Trim, Pantry, Utility/Mud Room, Walk-In Closet(s)
  • Lot Sq Ft: 6534.00
  • Room Count: 15
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 3449
  • Total Rooms: 12

Exterior Features

  • Exterior Features: Balcony, Concrete Block, Covered Patio, Deck, Fenced Yard, Landscaped, Motion Detectors, Public Sidewalk, Thermopane Windows, Vinyl Siding

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1500
  • Lot Description: Gated Entry
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Sep 8, 2021
Sold by
Cmc Contracting Llc
Bought by
Ellnor Amber Marie and Kelly Gerald D
Seller's Agent
Shawn Faye
RE/MAX Ability Plus
Buyer's Agent
Michelle Schnell-Gammons
List Price
$339,000
Sold Price
$300,000
Premium/Discount to List
-$39,000
-11.5%
Current Estimated Value
$363,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,047
Avg. Annual Appreciation
4.82%
Original Mortgage
$270,000
Outstanding Balance
$248,342
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$113,714

Purchase Details

Listed on
Dec 23, 2019
Closed on
Mar 16, 2020
Sold by
Hogan Joshua E and Dass Sandra
Bought by
Cmc Contracting Llc
Seller's Agent
Jennifer Jordan
Lighthouse Realty Group, Inc
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$99,000
Sold Price
$40,000
Premium/Discount to List
-$59,000
-59.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
290.17%
Original Mortgage
$164,423
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2011
Sold by
Grim John L and Grim Janice
Bought by
Hogan Joshua E and Dass Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
4.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 22, 2006
Sold by
Jacobi Bruce and Jacobi Reba
Bought by
Grim John L
Source: Public Records

Range of Values:

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Average Value
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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
Ellnor Amber Marie $600,000 Limestone Title
Cmc Contracting Llc -- None Available
Hogan Joshua E -- None Available
Grim John L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellnor Amber Marie $270,000
Closed Ellnor Amber Marie $270,000
Previous Owner Cmc Contracting Llc $164,423
Previous Owner Hogan Joshua E $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $300,000 -4.8% $87 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/03/2021 06/03/21 Price Changed $315,000 -3.1% $91 / Sq Ft
05/05/2021 05/05/21 Price Changed $325,000 -3.0% $94 / Sq Ft
05/03/2021 05/03/21 Price Changed $334,900 -1.2% $97 / Sq Ft
04/19/2021 04/19/21 For Sale $339,000 +747.5% $98 / Sq Ft
03/16/2020 03/16/20 Sold $40,000 -32.2% $10 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
01/31/2020 01/31/20 Price Changed $59,000 -40.4% $15 / Sq Ft
12/23/2019 12/23/19 For Sale $99,000 -- $26 / 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 $2,518 $106,800 $14,800 $92,000
2023 $2,518 $118,000 $14,800 $103,200
2022 $2,424 $113,500 $14,800 $98,700
2021 $1,020 $47,400 $14,800 $32,600
2020 $1,022 $47,400 $14,800 $32,600
2019 $949 $44,000 $14,800 $29,200
2018 $946 $43,600 $14,800 $28,800
2017 $1,444 $65,400 $14,800 $50,600
2016 $872 $43,600 $14,800 $28,800
2014 $764 $38,200 $14,800 $23,400
2013 -- $37,400 $14,800 $22,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202107077

Southern Indiana REALTORS® Association

APN: 22-05-00-300-381.000-008