NOT LISTED FOR SALE

2418 Fairmont Ave New Albany, IN 47150

Estimated Value: $158,000 - $194,000

2 Beds
1 Bath
965 Sq Ft
$176/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $104,900 $109 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,008/month

5 Days on Market

Highlights

  • Covered patio or porch
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • First Floor Utility Room
  • 1-Story Property

About This Home

As of May 2017

Charming home located just minutes from Downtown New Albany restaurants and shopping! Enjoy your morning sipping coffee on the covered front porch. As you step inside, you will notice the stone featured on the front exterior carries into the home surrounding the fireplace and also into a beautiful stone archway between the living room and eat in kitchen. You'll also find hardwood and ceramic tile floors throughout. Master Bedroom is a very nice size allowing room for a desk or even a reading nook. Plenty of cabinet space and room in the kitchen. Separate laundry room includes a large closet for extra storage. House was completely remodeled approx. five years ago including electric and plumbing. Step out back to find a fenced in back yard perfect for grilling and a 27x23 garage built and equipped for a handyman. This house finds you within walking distance to the local elementary school and also a new splash park and playground. Call today to set up your appointment! Won't last long! **Interior pictures coming soon**

Last Agent to Sell the Property

Candace Gerdon

Keller Williams Realty Consultants License #RB16001304 Listed on: 03/28/2017

Last Buyer's Agent

Jayne Ryan

RE/MAX FIRST License #RB14046365

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $420

Year Built

  • Built in 1930

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 31x125

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Frame Construction

Interior Spaces

  • 965 Sq Ft Home
  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert
  • First Floor Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220504300863000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$420

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Improvements: 60400
  • Annual Tax: 420
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 8000
  • Legal Description: P 490 L 2 E 2' L 3 BLK 18
  • Lot Dimensions: 31x125
  • Numof Fireplaces: 1
  • Out Buildings: Garage
  • Parcel Number: 220504300863000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 68400
  • Total Deduction Amnt: 46250
  • Total Finished Square Footage: 965
  • Type: 1 Story
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 965.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Insert
  • Interior Amenities: 1st Floor Master, 1st Floor Utility
  • Lot Sq Ft: 3484.80
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 965
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Covered Porch

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2017
Closed on
May 11, 2017
Sold by
Sedam Alexander R
Bought by
Carr Lauren A
Seller's Agent
Candace Gerdon
Keller Williams Realty Consultants
Buyer's Agent
Jayne Ryan
RE/MAX FIRST
List Price
$104,900
Sold Price
$104,900
Current Estimated Value
$169,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,038
Avg. Annual Appreciation
6.04%
Original Mortgage
$101,753
Outstanding Balance
$84,978
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$84,960

Purchase Details

Listed on
Jan 21, 2013
Closed on
Jun 28, 2013
Sold by
Spatig Wayne
Bought by
Sedam Alexander R
Seller's Agent
Karen Hupp
Green Tree Real Estate Services
Buyer's Agent
Angela Bauer
RE/MAX FIRST
List Price
$84,900
Sold Price
$83,900
Premium/Discount to List
-$1,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$82,379
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 9, 2012
Closed on
Jul 5, 2012
Sold by
Striegel Eric L
Bought by
Spatig Wayne
Seller's Agent
Michelle Warford
RE/MAX Ability Plus
Buyer's Agent
Michelle Warford
RE/MAX Ability Plus
List Price
$82,900
Sold Price
$79,900
Premium/Discount to List
-$3,000
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$67,950
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2010
Sold by
Jewell James
Bought by
Striegel Eric L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,452
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2008
Sold by
L&N Federal Credit Union
Bought by
Jewell James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Carr Lauren A $104,900 Pitt & Frank
Sedam Alexander R $83,900 --
Spatig Wayne -- None Available
Striegel Eric L -- None Available
Jewell James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carr Lauren A $101,753
Previous Owner Sedam Alexander R $82,379
Previous Owner Sedam Alexander R $3,356
Previous Owner Spatig Wayne $65,600
Previous Owner Spatig Wayne $67,950
Previous Owner Striegel Eric L $78,452
Previous Owner Jewell James $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2017 05/11/17 Sold $104,900 0.0% $109 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $104,900 +25.0% $109 / Sq Ft
06/28/2013 06/28/13 Sold $83,900 -1.2% $87 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $84,900 +6.3% $88 / Sq Ft
07/05/2012 07/05/12 Sold $79,900 -3.6% $83 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $82,900 -- $86 / 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 $844 $97,800 $8,100 $89,700
2023 $844 $99,800 $8,100 $91,700
2022 $853 $97,800 $8,100 $89,700
2021 $706 $89,700 $8,100 $81,600
2020 $690 $90,200 $8,100 $82,100
2019 $577 $84,700 $8,100 $76,600
2018 $402 $73,100 $8,100 $65,000
2017 $409 $73,000 $8,100 $64,900
2016 $423 $68,500 $8,100 $60,400
2014 $442 $64,800 $8,000 $56,800
2013 -- $63,000 $8,100 $54,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Candace Gerdon

    Keller Williams Realty Consultants

  • J

    Buyer's Agent in 2017

    Jayne Ryan

    RE/MAX

    Section Image
  • Karen Hupp

    Seller's Agent in 2013

    Karen Hupp

    Green Tree Real Estate Services

    (502) 645-1480

    6 in this area

    20 Total Sales

    Section Image
  • Angela Bauer

    Buyer's Agent in 2013

    Angela Bauer

    RE/MAX

    (502) 773-2304

    49 in this area

    203 Total Sales

    Section Image
  • Michelle Warford

    Seller's Agent in 2012

    Michelle Warford

    RE/MAX

    (812) 989-2870

    7 in this area

    82 Total Sales

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201705459

Southern Indiana REALTORS® Association

APN: 22-05-04-300-863.000-008

Indiana Floyd County New Albany 47150

2418 Fairmont Ave, New Albany, IN

This home is located at 2418 Fairmont Ave, New Albany, IN 47150 since 28 March 2017 and is currently estimated at $169,938, approximately $176 per square foot. This property was built in 1930. 2418 Fairmont 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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