NOT LISTED FOR SALE

2318 Fairmont Ave New Albany, IN 47150

Estimated Value: $89,000 - $192,000

2 Beds
1 Bath
1,344 Sq Ft
$101/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $75,000 $56 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $888/month

3 Days on Market

Highlights

  • Formal Dining Room
  • Shed
  • Ceiling Fan
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Attention investors or motivational buyers! The home has a lot of potential but is going to need TLC. In a great location. Nice fenced yard.
Inspections are welcome at buyers expense however property being sold "as is". Sq. ft/meas approx.

Last Agent to Sell the Property

Margaret Clark

Schuler Bauer Real Estate Services ERA Powered (N License #RB14045008 Listed on: 07/18/2022

Schuler Bauer Real Estate Services ERA Powered (N

Co-Listed By

Diana Mikel

Schuler Bauer Real Estate Services ERA Powered (N License #RB14039896

Last Buyer's Agent

Thomas Butler

Semonin REALTORS License #RB20000639

Semonin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $483

Year Built

  • Built in 1928

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 32 x 125
  • Fenced Yard

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,344 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220504300945000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$483

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Improvements: 74900
  • Annual Tax: 483
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 8200
  • Legal Description: P. 490 W 17 3/10' L. 3 & E 15' OF L. 4 BLK. 19
  • Lot Dimensions: 32 x 125
  • Out Buildings: Shed
  • Parcel Number: 220504300945000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 83100
  • Total Deduction Amnt: 59165
  • Total Finished Square Footage: 1344
  • Type: 1.5 Story
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Full, Unfinished
  • Above Grade Finished Sq Ft: 1344.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Formal Dining Rm
  • Lot Sq Ft: 3920.40
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 1344
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Fenced Yard

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.0900
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Aug 24, 2022
Sold by
Amy Norton
Bought by
Wesley Investment Properties Llc
Seller's Agent
Margaret Clark
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Thomas Butler
Semonin REALTORS
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Current Estimated Value
$136,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,222
Avg. Annual Appreciation
20.51%
Original Mortgage
$60,000
Outstanding Balance
$57,740
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$74,503
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
Wesley Investment Properties Llc -- Andrew A Hoffer Hoffer Law O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wesley Investment Properties Llc $60,000
Closed Wesley Investment Properties L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $75,000 -6.1% $56 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $79,900 -- $59 / 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 $1,811 $83,000 $8,200 $74,800
2023 $1,811 $84,800 $8,200 $76,600
2022 $594 $83,100 $8,200 $74,900
2021 $484 $77,000 $8,200 $68,800
2020 $467 $77,000 $8,200 $68,800
2019 $403 $72,400 $8,200 $64,200
2018 $336 $62,600 $8,200 $54,400
2017 $343 $62,700 $8,200 $54,500
2016 $295 $59,000 $8,200 $50,800
2014 $325 $58,900 $8,200 $50,700
2013 -- $57,300 $8,200 $49,100
Source: Public Records

Agents Affiliated with this Home

  • Margaret Clark

    Seller's Agent in 2022

    Margaret Clark

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 376-5779

    8 in this area

    59 Total Sales

    Margaret Clark
    Section Image
  • Diana Mikel

    Seller Co-Listing Agent in 2022

    Diana Mikel

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 645-4083

    6 in this area

    59 Total Sales

    Diana Mikel
    Section Image
  • Thomas Butler

    Buyer's Agent in 2022

    Thomas Butler

    Semonin Realty

    (502) 708-5593

    15 in this area

    87 Total Sales

    Thomas Butler
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2022010601

Southern Indiana REALTORS® Association

APN: 22-05-04-300-945.000-008

Indiana Floyd County New Albany 47150

2318 Fairmont Ave, New Albany, IN

This home is located at 2318 Fairmont Ave, New Albany, IN 47150 since 18 July 2022 and is currently estimated at $136,222, approximately $101 per square foot. This property was built in 1928. 2318 Fairmont Ave is a home located in Floyd County with nearby schools including Fairmont 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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