$29,000
SOLD JUN 26, 2014

2405 Spring Ave New Albany, IN 47150

2 Beds
1 Bath
751 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

43% Above List Price

9 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Slate Run Elementary School Rated A-

About This Home

As of August 2020

This is a cute-as-a-button bungalow in downtown New Albany. The home features wood flooring, a huge living room, a beautiful claw foot tub, and an unfinished basement. Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions ; Lender Pre‐Approval letter for financed offers (dated within last 30 days). Title may be conveyed via quit claim deed. This property was built prior to 1978 and lead-based paint potentially exists.

Last Agent to Sell the Property

Kyle Wohrle

Schuler Bauer Real Estate Services ERA Powered (N License #RB14029374

Schuler Bauer Real Estate Services ERA Powered  (N

Last Buyer's Agent

Kyle Wohrle

Schuler Bauer Real Estate Services ERA Powered (N License #RB14029374

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1930

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 751 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220502901124000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,253

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Improvements: 70500
  • Appointment: Not Needed
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage, Supplemental Homestd, Veterans
  • Land Assessment: 9400
  • Legal Description: DIST:0005 CITY/MUNI/TWP:NEW ALBANY TOWNSHIP P. 529 L. 3 MAP REF:05-02-940-242
  • Parcel Number: 220502901124000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 79900
  • Total Deduction Amnt: 79900
  • Total Finished Square Footage: 751
  • Type: 1 Story
  • Year Built: 1930
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 751.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Lot Measurement: Acres
  • Lot Sq Ft: 3485.00
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 751
  • Total Rooms: 5

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.0800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 21, 2020
Sold by
Gray Christopher
Bought by
Gentry Grant M
Seller's Agent
Lynn Burgin-Obremski
Green Tree Real Estate Services
Buyer's Agent
Joe Barnett
PML Real Estate Group
List Price
$152,900
Sold Price
$118,500
Premium/Discount to List
-$34,400
-22.5%
Total Days on Market
9
Current Estimated Value
$169,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,739
Avg. Annual Appreciation
8.12%
Original Mortgage
$114,900
Outstanding Balance
$103,290
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$68,536

Purchase Details

Listed on
Jun 29, 2020
Closed on
Jun 23, 2020
Sold by
Burgin Obremski Wanda Lynn
Bought by
Gray Christopher
Seller's Agent
Lynn Burgin-Obremski
Green Tree Real Estate Services
Buyer's Agent
Joe Barnett
PML Real Estate Group
List Price
$152,900
Sold Price
$118,500
Premium/Discount to List
-$34,400
-22.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,900
Outstanding Balance
$103,290
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$68,536

Purchase Details

Closed on
Mar 24, 2015
Sold by
Rojas Sherrl Nicole
Bought by
Burgin Wanda Lynn

Purchase Details

Listed on
May 28, 2014
Closed on
Jun 23, 2014
Sold by
Va
Bought by
Rojas Sherri Nicole
Seller's Agent
Kyle Wohrle
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Kyle Wohrle
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$20,300
Sold Price
$29,000
Premium/Discount to List
$8,700
42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.70%

Purchase Details

Closed on
Mar 21, 2014
Sold by
America Bank Na
Bought by
Va

Purchase Details

Closed on
Mar 8, 2014
Sold by
Floyd County Sheriff
Bought by
Bank Of America

Purchase Details

Closed on
Jun 26, 2007
Sold by
Beatty Heather J
Bought by
Waters James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,679
Interest Rate
6.26%
Mortgage Type
VA

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 -- None Available
Quit Claim Deed -- Momentum Title
Quit Claim Deed -- --
Quit Claim Deed $29,000 --
Warranty Deed -- --
Sheriffs Deed $51,030 --
Warranty Deed -- Land Title Group Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $114,900 New Conventional
Closed $114,900 New Conventional
Previous Owner $91,679 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $118,500 -4.8% $158 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $124,500 -4.2% $166 / Sq Ft
07/10/2020 07/10/20 Price Changed $129,900 -7.1% $173 / Sq Ft
07/01/2020 07/01/20 Price Changed $139,900 -3.5% $186 / Sq Ft
06/30/2020 06/30/20 Price Changed $144,900 -5.2% $193 / Sq Ft
06/29/2020 06/29/20 For Sale $152,900 +427.2% $204 / Sq Ft
06/26/2014 06/26/14 Sold $29,000 +42.9% $39 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $20,300 -- $27 / 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 $1,253 $139,800 $9,400 $130,400
2023 $1,253 $124,900 $9,400 $115,500
2022 $1,182 $116,400 $9,400 $107,000
2021 $995 $106,100 $9,400 $96,700
2020 $958 $101,300 $9,400 $91,900
2019 $780 $92,400 $9,400 $83,000
2018 $800 $91,500 $9,400 $82,100
2017 $2,727 $82,700 $9,400 $73,300
2016 $1,638 $81,900 $9,400 $72,500
2014 -- $75,300 $9,400 $65,900
2013 -- $79,900 $9,400 $70,500
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 201403749

Southern Indiana REALTORS® Association

APN: 22-05-02-901-124.000-008