NOT LISTED FOR SALE

2407 Zurschmeide Dr New Albany, IN 47150

Estimated Value: $188,000 - $223,000

3 Beds
1 Bath
1,026 Sq Ft
$205/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $72,600 $71 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,248/month

Highlights

  • Fenced Yard
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of July 2017

This 3 bed/1 bath, 1,026 square foot home will be sold at a $35,000 Stated Reserve Auction. Auction ends 5/18/2017 @ 7pm. Bid now @ LincolnCrum.HiBid.com. Once the stated reserve is reached, plus 10% buyer's premium, the format will switch to an Absolute Auction. 10% down, balance in 45 days with clear deed. Taxes pro-rated and possession at closing. A 10% Buyer's Premium will be added to the winning bid to determine the final selling price.

Last Agent to Sell the Property

Lincoln Crum

Lincoln Crum Realty License #RB14030712 Listed on: 04/24/2017

Co-Listed By

Todd Paxton

Lopp Real Estate Brokers License #RB14033891

Last Buyer's Agent

Denise Hammer

Southern Realty License #RB14046573

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,692

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard

Parking

  • Driveway

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502700772000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,692

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Improvements: 62200
  • Additional Assessor Parcel Numbers: 008-39100-11
  • Annual Tax: 1692
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 20100
  • Legal Description: P. 730 L. 67 2407 ZURSCHMEIDE
  • Open House Count: 1
  • Parcel Number: 220502700772000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 82300
  • Total Finished Square Footage: 1026
  • Type: 1 Story
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 1026.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master
  • Lot Sq Ft: 6969.60
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1026
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Fenced Yard, Paved Driveway

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1600
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Allen Jack Morris
Bought by
Reynolds Justin P and Renolds Samantha Taylor
Current Estimated Value
$210,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,800
Outstanding Balance
$120,535
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$77,797

Purchase Details

Closed on
Dec 8, 2017
Sold by
Hammer Michael J
Bought by
Reynolds Justin P and Reynolds Samantha Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,990
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jun 30, 2017
Sold by
Russell Family Rental Properti
Bought by
Hammer Michael J
Seller's Agent
Lincoln Crum
Lincoln Crum Realty
Buyer's Agent
Denise Hammer
Southern Realty
List Price
$35,000
Sold Price
$72,600
Premium/Discount to List
$37,600
107.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%
Original Mortgage
$54,450
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Reynolds Justin P -- Executive Title
Reynolds Justin P -- Executive Title
Hammer Michael J $72,600 Applegate Fifer Pulliam
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Justin P $131,800
Previous Owner Reynolds Justin P $135,990
Previous Owner Hammer Michael J $54,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2017 07/05/17 Sold $72,600 +107.4% $71 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $35,000 -- $34 / 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 $1,576 $171,900 $20,100 $151,800
2023 $1,576 $149,400 $20,100 $129,300
2022 $1,417 $134,200 $20,100 $114,100
2021 $1,080 $110,900 $20,100 $90,800
2020 $1,100 $114,300 $20,100 $94,200
2019 $1,014 $111,200 $20,100 $91,100
2018 $745 $95,200 $20,100 $75,100
2017 $1,559 $85,300 $20,100 $65,200
2016 $1,692 $84,600 $20,100 $64,500
2014 $1,626 $81,300 $20,100 $61,200
2013 -- $77,000 $20,100 $56,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201706082

Southern Indiana REALTORS® Association

APN: 22-05-02-700-772.000-008