NOT LISTED FOR SALE

2408 Shrader Ave New Albany, IN 47150

Estimated Value: $84,467 - $154,000

1 Bed
1 Bath
576 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 02, 2012

Last sale price $14,100 $24 Per Sq Ft

Est. 741% increase in value since last sale

Current estimated payment $750/month

59 Days on Market

Highlights

  • Covered patio or porch
  • Shed
  • Forced Air Heating and Cooling System
  • Walk-In Closet
  • 1-Story Property
  • Ceiling Fan

About This Home

As of March 2012

Nice 1 bedroom/1 bath home between Charlestown and Grant Line Roads. Close to everything. Listed as IE; qualifies for FHA 203(b) financing w/ $1,430 repair escrow. Property is eligible for 203(k) financing, which allows the buyer to finance improvements as part of the loan. Prospective buyers are advised to conduct independent assessment of property condition and features. Information is not verified or warranted. It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status or national origin. Sq. Ft. & room sizes are approximate. Taxes are '10 pay '11 and may reflect deductions that may not continue to apply, possibly resulting in a higher tax bill. Case No. 151-687474

Last Agent to Sell the Property

Ed Clere

Compass REALTORS, LLC License #RB14025699 Listed on: 12/10/2011

Compass REALTORS, LLC

Co-Listed By

Michael Osborne

Knobstone Properties LLC License #RB14049915

Last Buyer's Agent

Ed Clere

Compass REALTORS, LLC License #RB14025699 Listed on: 12/10/2011

Compass REALTORS, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $138

Year Built

  • Built in 1930

Lot Details

  • 3,615 Sq Ft Lot
  • Lot Dimensions are 29 x 125

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Basement Cellar

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

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

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220504300923000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$138

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Improvements: 29900
  • Additional Assessor Parcel Numbers: 008-46200-50
  • Annual Tax: 138
  • Appointment: Not Needed
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Concrete Block
  • Irregular Dimensions Yn: Yes
  • Land Assessment: 4800
  • Legal Description: P.490 L.7 BLK.22
  • Lot Dimensions: 29 x 125
  • Numof Fireplaces: 0
  • Out Buildings: Shed
  • Parcel Number: 220504300923000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 34700
  • Total Deduction Amnt: 28620
  • Total Finished Square Footage: 576
  • Type: 1 Story
  • Year Built: 1930
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar, Outside Entrance
  • Above Grade Finished Sq Ft: 576.00
  • Appliances: Clothes Dryer, Clothes Washer, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Interior Amenities: Atcs, Ceiling Fan(s), Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 3615.00
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 576
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Covered Porch

Garage/Parking

  • Garage Spaces: 0

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: 0.0800
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2011
Closed on
Feb 27, 2012
Sold by
Secretary Of Hud
Bought by
Grove Robert T and Grove Mellinda R
Seller's Agent
Ed Clere
Compass REALTORS, LLC
Buyer's Agent
Ed Clere
Compass REALTORS, LLC
List Price
$18,500
Sold Price
$14,100
Premium/Discount to List
-$4,400
-23.78%
Total Days on Market
59
Current Estimated Value
$118,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,517
Avg. Annual Appreciation
17.65%

Purchase Details

Closed on
Oct 26, 2011
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Oct 10, 2011
Sold by
Wadkins Curtis and Wadkins Curtis L
Bought by
Wells Fargo Bank Na
Source: Public Records

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Range of Values:

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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
Grove Robert T -- None Available
The Secretary Of Hud -- None Available
Wells Fargo Bank Na $39,333 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2012 03/02/12 Sold $14,100 -23.8% $24 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
12/10/2011 12/10/11 For Sale $18,500 -- $32 / 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 $1,031 $46,900 $7,700 $39,200
2023 $1,031 $48,300 $7,700 $40,600
2022 $1,012 $47,400 $7,700 $39,700
2021 $955 $44,400 $7,700 $36,700
2020 $975 $44,900 $7,700 $37,200
2019 $920 $42,400 $7,700 $34,700
2018 $810 $37,100 $7,700 $29,400
2017 $823 $37,100 $7,700 $29,400
2016 $706 $35,100 $7,700 $27,400
2014 $890 $44,500 $7,700 $36,800
2013 -- $43,400 $7,700 $35,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Ed Clere

    Compass REALTORS, LLC

    (812) 987-4333

    5 in this area

    7 Total Sales

    Ed Clere
    Section Image

  • M

    Seller Co-Listing Agent in 2012

    Michael Osborne

    Knobstone Properties LLC

    Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201108106

Southern Indiana REALTORS® Association

APN: 22-05-04-300-923.000-008

Indiana Floyd County New Albany 47150

2408 Shrader Ave, New Albany, IN

This home is located at 2408 Shrader Ave, New Albany, IN 47150 since 10 December 2011 and is currently estimated at $118,617, approximately $205 per square foot. This property was built in 1930. 2408 Shrader 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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