NOT LISTED FOR SALE

227 Lafayette St New Albany, IN 47150

Estimated Value: $89,000 - $245,135

3 Beds
2 Baths
1,218 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $215,000 $177 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,221/month

3 Days on Market

Highlights

  • City Lights View
  • Covered Patio or Porch
  • Eat-In Kitchen
  • 1 Fireplace
  • First Floor Utility Room
  • Walk-In Closet

About This Home

As of May 2022

**OPEN HOUSE SATURDAY APRIL 9 FROM 2-4** Have you been looking for that one house that simply
makes your jaw drop the moment you open the front door? If so I have the perfect house for you!
The moment you walk in you will fall in love with all the amazing upgrades. It is RARE to find so
many upgrades in one house. The best feature of this home is hands down the large, spacious
kitchen. It is perfect for entertaining and living your daily life. This home features three
bedrooms and two bathrooms. You will love the downtown location close to lots of fun community
activities that you could walk to. Schedule your private showing today and be prepared to be
amazed!

Last Agent to Sell the Property

Mallory Annis

RE/MAX FIRST License #RB18000271 Listed on: 04/08/2022

RE/MAX FIRST

Last Buyer's Agent

Shannon Vittitow

JPAR Aspire License #RB18000259

JPAR Aspire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1929

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33 x 120
  • Landscaped

Home Design

  • Block Foundation
  • Frame Construction
  • Metal Siding

Interior Spaces

  • 1,218 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • First Floor Utility Room
  • Utility Room
  • City Lights Views
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220500300382000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,250

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 46500
  • Additional Assessor Parcel Numbers: 0087840073
  • Annual Tax: 1250
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block, Crawl Space
  • Land Assessment: 11000
  • Legal Description: P.93 S 33' L.21 & 23 227 LAFAYETTE
  • Lot Dimensions: 33 x 120
  • Numof Fireplaces: 1
  • Open House Count: 2
  • Out Buildings: Shed
  • Parcel Number: 220500300382000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 57500
  • Total Finished Square Footage: 1218
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1218.00
  • Appliances: Dishwasher, Microwave, Range / Oven
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Unknown
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Eat-In Kitchen, Family Room, Kitchen Island, Separate Shower(s), Utility/Mud Room, Walk-In Closet(s)
  • Lot Sq Ft: 3920.40
  • Room Count: 9
  • Sewer Type: Sewer
  • Total Sq Ft: 1218
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Covered Porch, Landscaped, Metal Siding, Public Sidewalk

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.0900
  • Lot Description: City Lights View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 26, 2022
Sold by
Solid Rock Property Solutions Llc
Bought by
Hodges Jazmen M
Seller's Agent
Mallory Annis
RE/MAX FIRST
Buyer's Agent
Shannon Vittitow
JPAR Aspire
List Price
$209,900
Sold Price
$215,000
Premium/Discount to List
$5,100
2.43%
Current Estimated Value
$205,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,716
Avg. Annual Appreciation
-2.09%
Original Mortgage
$178,500
Outstanding Balance
$170,683
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$30,000

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 6, 2022
Sold by
Sears Scott E and Sears Kathy A
Bought by
Solld Rock Property Solutions Llc
Seller's Agent
Mallory Annis
RE/MAX FIRST
Buyer's Agent
Mallory Annis
RE/MAX FIRST
List Price
$62,500
Sold Price
$60,000
Premium/Discount to List
-$2,500
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2537.84%
Original Mortgage
$123,038
Interest Rate
3.12%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 28, 2006
Sold by
Rissler Katherine
Bought by
Sears Scott E and Sears Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
9.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Buyer Sale Price Title Company
Hodges Jazmen M -- Kemp Law Office Llc
Solld Rock Property Solutions Llc $120,000 None Listed On Document
Sears Scott E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodges Jazmen M $178,500
Previous Owner Solid Rock Property Solutions $123,038
Previous Owner Solld Rock Property Solutions Llc $123,038
Previous Owner Sears Scott E $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $215,000 +2.4% $177 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $209,900 +249.8% $172 / Sq Ft
01/03/2022 01/03/22 Sold $60,000 -4.0% $49 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $62,500 -- $51 / 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 $1,251 $117,400 $11,000 $106,400
2023 $1,251 $123,400 $11,000 $112,400
2022 $1,230 $118,700 $11,000 $107,700
2021 $1,250 $57,500 $11,000 $46,500
2020 $1,254 $57,600 $11,000 $46,600
2019 $1,144 $52,600 $11,000 $41,600
2018 $1,165 $52,300 $11,000 $41,300
2017 $1,559 $51,900 $11,000 $40,900
2016 $2,307 $95,400 $11,000 $84,400
2014 $2,138 $78,800 $11,000 $67,800
2013 -- $76,700 $11,000 $65,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202208041

Southern Indiana REALTORS® Association

APN: 22-05-00-300-382.000-008