NOT LISTED FOR SALE

2406 Grant Line Rd New Albany, IN 47150

Estimated Value: $199,000 - $240,000

3 Beds
2 Baths
1,984 Sq Ft
$107/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $27,500 $14 Per Sq Ft

Est. 674% increase in value since last sale

Current estimated payment $1,418/month

20 Days on Market

Highlights

  • 0.63 Acre Lot
  • Covered patio or porch
  • Forced Air Heating System
  • Corner Lot
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of January 2014

Home is set up as a duplex, but has little or no value, home being sold as is. The value is in the land that could be subdivided into the city blocks making up the legal description of the property. Located at the corner of Jolissiant and Grant Line Road the property is zoned residential, but area would seem to lend itself to multi-family or even light commercial with a variance.

Last Listed By

Beth Wardlaw

Keller Williams Realty Consultants License #RB14016173 Listed on: 01/02/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 174x158
  • Corner Lot
  • Subdivision Possible

Home Design

  • Frame Construction

Interior Spaces

  • 1,984 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Basement
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220504300636000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 66400
  • Additional Parking: Off Street
  • Annual Tax: 1744
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 20800
  • Legal Description: P. 385 L. 17-18-19-20-21-22 NLK.5
  • Lot Dimensions: 174x158
  • Numof Fireplaces: 0
  • Parcel Number: 220504300636000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 87200
  • Total Finished Square Footage: 1984
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1984.00
  • Appliances: Dishwasher, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: Blinds, Ceiling Fan(s), Eat-In Kitchen
  • Lot Measurement: Acres
  • Lot Sq Ft: 27443.00
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1984
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Covered Porch

Garage/Parking

  • Garage Type: Carport
  • Garage Spaces: 0

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.6300
  • Lot Description: Corner Lot, Divisible Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2017
Sold by
Blair James
Bought by
New Albany City
Total Days on Market
20
Current Estimated Value
$212,911

Purchase Details

Listed on
Jan 2, 2014
Closed on
Jan 29, 2014
Sold by
Kahler Dennis
Bought by
Blair James
Seller's Agent
Beth Wardlaw
Keller Williams Realty Consultants
Buyer's Agent
Beth Wardlaw
Keller Williams Realty Consultants
List Price
$50,000
Sold Price
$27,500
Premium/Discount to List
-$22,500
-45%

Purchase Details

Closed on
Oct 4, 2010
Sold by
Kahler Dennis Joe
Bought by
Adams Dave K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,671
Interest Rate
4.37%
Mortgage Type
FHA

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
New Albany City $3,500 --
Blair James -- --
Adams Dave K -- Kemp Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Dave K $98,671
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2014 01/31/14 Sold $27,500 -45.0% $14 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $50,000 -- $25 / 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 $2,775 $127,600 $20,200 $107,400
2023 $2,775 $130,000 $20,200 $109,800
2022 $2,802 $131,200 $20,200 $111,000
2021 $2,619 $121,700 $20,200 $101,500
2020 $2,624 $121,700 $20,200 $101,500
2019 $2,334 $108,200 $20,200 $88,000
2018 $2,327 $107,200 $20,200 $87,000
2017 $652 $29,500 $20,800 $8,700
2016 $568 $28,400 $20,800 $7,600
2014 $550 $27,500 $20,800 $6,700
2013 -- $86,000 $20,800 $65,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201400847

Southern Indiana REALTORS® Association

APN: 22-05-04-300-636.000-008