$175,000
SOLD AUG 17, 2022

2424 E Elm St New Albany, IN 47150

2 Beds
1 Bath
1,120 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

12% Below List Price

50 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Covered patio or porch
  • Slate Run Elementary School Rated A-
  • <<bathWSpaHydroMassageTubToken>>
  • Formal Dining Room

About This Home

As of August 2022

PRICE ADJUSTMENT!!! Downtown New Albany charm was restored and updated with love poured into this picture-perfect home on Elm Street! This one boasts a Full Basement, huge back yard, and updated wiring and plumbing! This "bigger than it looks" home welcomes you with a great sitting/swinging/relaxing front porch. Inside you will be welcomed by an inviting Living Room, French Doors leading into the huge dining room, appointed with window seats (that lift up for storage) and beautiful, original inlaid hardwood flooring.
The kitchen has been opened up and modernized and offers both cooking and seating areas. The 2 bedrooms are nicely sized, have the original hardwood floors. The bathroom has been completely updated and was opened up with modern barn door.
The basement houses a 1 car garage (and there's plenty of parking in the back). Washer and Dryer are downstairs. Bonus: There is a full house water filtration system!! There's room to create downstairs and the backyard is an oasis! Seriously, this home is a gem!

Last Agent to Sell the Property

Amy Dixon

Keller Williams Realty Consultants License #RB14041771 Listed on: 06/01/2022

Keller Williams Realty Consultants

Last Buyer's Agent

Andrea Walker

Keller Williams Realty-East License #RB16000350

Keller Williams Realty-East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 1 Car Garage
  • Basement Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Wood Trim

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Thermal Windows
  • Blinds
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • <<bathWSpaHydroMassageTubToken>>

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220502901190000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,138

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Improvements: 101500
  • Additional Parking: Off Street
  • Annual Tax: 1138
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Poured Concrete
  • Land Assessment: 12700
  • Legal Description: P 549 L 8
  • Parcel Number: 220502901190000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 114200
  • Total Deduction Amnt: 92220
  • Total Finished Square Footage: 1120
  • Type: 1 Story
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Full, Unfinished
  • Above Grade Finished Sq Ft: 1120.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Breakfast Bar, Cable Wired, Eat-In Kitchen, Formal Dining Rm, Jetted Tub, Kitchen Island, Natural Wood Trim, Open Floor Plan
  • Lot Sq Ft: 6534.00
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1120
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Porch, Deck, Paved Driveway, Public Sidewalk, Thermopane Windows

Garage/Parking

  • Garage Type: Basement
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1500
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 17, 2022
Sold by
Wilson Justin A
Bought by
Clemens Casey A and Ackley Jake R
Seller's Agent
Amy Dixon
Keller Williams Realty Consultants
Buyer's Agent
Andrea Walker
Keller Williams Realty-East
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%
Current Estimated Value
$192,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,221
Avg. Annual Appreciation
3.28%
Original Mortgage
$10,500
Outstanding Balance
$7,970
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$184,251

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 5, 2021
Sold by
Martin Millie J
Bought by
Wilson Justin A
Seller's Agent
Mandy Daep
Key Associates Signature Realty
Buyer's Agent
Amy Dixon
Keller Williams Realty Consultants
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.75%
Original Mortgage
$127,645
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2019
Sold by
Martin Allen S
Bought by
Martin Mollie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2016
Sold by
Dempster Gary Kreke and Dempster Janice Speedy
Bought by
Martin Allan S and Martin Mollie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,116
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 Kemp Law Office Llc
Warranty Deed $130,000 Springdale Title
Interfamily Deed Transfer -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,500 New Conventional
Open $169,750 New Conventional
Previous Owner $127,645 FHA
Previous Owner $110,000 New Conventional
Previous Owner $102,116 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $175,000 0.0% $156 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/19/2022 07/19/22 Price Changed $175,000 -2.8% $156 / Sq Ft
07/02/2022 07/02/22 Price Changed $180,000 -3.7% $161 / Sq Ft
06/20/2022 06/20/22 Price Changed $187,000 -1.5% $167 / Sq Ft
06/16/2022 06/16/22 Price Changed $189,900 -5.0% $170 / Sq Ft
06/01/2022 06/01/22 For Sale $199,900 +53.8% $178 / Sq Ft
03/05/2021 03/05/21 Sold $130,000 0.0% $116 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $130,000 0.0% $116 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $130,000 -- $116 / 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 $1,403 $149,800 $12,700 $137,100
2023 $1,403 $134,100 $12,700 $121,400
2022 $1,319 $125,200 $12,700 $112,500
2021 $1,138 $114,200 $12,700 $101,500
2020 $1,014 $109,200 $12,700 $96,500
2019 $828 $99,900 $12,700 $87,200
2018 $805 $98,900 $12,700 $86,200
2017 $658 $89,100 $12,700 $76,400
2016 $629 $85,700 $12,700 $73,000
2014 $1,608 $80,400 $12,700 $67,700
2013 -- $85,100 $12,700 $72,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202209275

Southern Indiana REALTORS® Association

APN: 22-05-02-901-190.000-008