NOT LISTED FOR SALE

2407 Fairmont Ave New Albany, IN 47150

Estimated Value: $135,000 - $222,000

3 Beds
1 Bath
1,728 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $68,500 $40 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,071/month

96 Days on Market

Highlights

  • Den
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Fenced Yard
  • Porch
  • Family Room

About This Home

As of August 2012

Spacious newly remodeled 3 bedroom home. Fenced in yard abounds with flowers and shrubs. Large living room for entertaining, step saver Chef's delight kitchen with appliances and separate dining room. Cozy TV area off dining room. Dormer-like A frame 3rd bedroom. 1 1/2 car detached garage. Truly a family home. Walk to elementary school. New Air Conditioner April, 2012. Number of rooms, measurements and sq. ft. are not warranted, if critical buyer should verify.

Last Agent to Sell the Property

Patricia Harrison

RE/MAX FIRST License #RB14047603 Listed on: 03/29/2012

RE/MAX FIRST

Last Buyer's Agent

Angela Bauer

RE/MAX FIRST License #RB14051241

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $304

Year Built

  • Built in 1940

Lot Details

  • 7,362 Sq Ft Lot
  • Lot Dimensions are 59x125
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 1,728 Sq Ft Home
  • 1.5-Story Property
  • Blinds
  • Family Room
  • Den
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220504300834000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$304

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Annual Tax: 304
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Concrete Block
  • Legal Description: P 490 L. 7-8 BLK 6
  • Lot Dimensions: 59X125
  • Out Buildings: Adds
  • Parcel Number: 220504300834000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total Finished Square Footage: 1728
  • Type: 1.5 Story
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1728.00
  • Appliances: Clothes Dryer, Clothes Washer, Range / Oven
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: Blinds, Cable Wired, Den/Office, Family Room, Natural Wood Trim
  • Lot Measurement: Acres
  • Lot Sq Ft: 7362.00
  • Sewer Type: Sewer
  • Total Sq Ft: 1728

Exterior Features

  • Exterior Features: Fenced Yard, Porch

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: 0.1700
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2021
Sold by
Offutt Candace and Rice Robert Andrew
Bought by
Rice Frank L and Rich Beverly Sue
Current Estimated Value
$189,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Outstanding Balance
$63,563
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$126,118

Purchase Details

Listed on
Mar 29, 2012
Closed on
Aug 31, 2012
Sold by
Urquhart Joy
Bought by
Offutt Candace
Seller's Agent
Patricia Harrison
RE/MAX FIRST
Buyer's Agent
Angela Bauer
RE/MAX FIRST
List Price
$74,500
Sold Price
$68,500
Premium/Discount to List
-$6,000
-8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$67,258
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2011
Sold by
Secretary Of Hud Of Washington Dc
Bought by
Urquhart Joy

Purchase Details

Closed on
Mar 14, 2011
Sold by
Us Bank Na
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
Feb 22, 2011
Sold by
Hopper Sherry L
Bought by
U S Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rice Frank L -- Agency Title
Offutt Candace -- None Available
Urquhart Joy -- None Available
The Secretary Of Housing And Urban Devel $70,988 None Available
U S Bank Na $81,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Frank L $70,400
Previous Owner Offutt Candace $67,258
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $68,500 -8.1% $40 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $74,500 -- $43 / 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 $881 $100,700 $11,700 $89,000
2023 $902 $102,800 $11,700 $91,100
2022 $913 $100,800 $11,700 $89,100
2021 $772 $93,100 $11,700 $81,400
2020 $745 $93,100 $11,700 $81,400
2019 $632 $87,700 $11,700 $76,000
2018 $440 $76,200 $11,700 $64,500
2017 $447 $76,100 $11,700 $64,400
2016 $382 $71,800 $11,700 $60,100
2014 $377 $65,500 $11,700 $53,800
2013 -- $63,700 $11,700 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201202197

Southern Indiana REALTORS® Association

APN: 22-05-04-300-834.000-008