$114,000
SOLD JAN 31, 2018

2427 E Elm St New Albany, IN 47150

2 Beds
1 Bath
1,200 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$95 Per Sq Ft

5% Below List Price

2 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Enclosed Patio or Porch
  • Slate Run Elementary School Rated A-
  • Corner Lot
  • 1 Car Detached Garage

About This Home

As of April 2020

You won't want to miss this adorable 2 bedroom 1 bathroom bungalow in the heart of downtown New Albany! You will fall in love with this charmer! Original details throughout, arched doorways, hardwood floors, with a once car garage and an unfinished basement! Call now to schedule your private showing!

Last Agent to Sell the Property

Todd Paxton

Lopp Real Estate Brokers License #RB14033891 Listed on: 01/09/2018

Last Buyer's Agent

Amy Hein

Semonin REALTORS License #RB14038866

Semonin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 220502901160000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$822

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Improvements: 88300
  • Additional Parking: Off Street
  • Annual Tax: 822
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Home Warranty Provided: America's Preferred
  • Land Assessment: 10900
  • Legal Description: P 544 35 X 120' L 4
  • Open House Count: 1
  • Out Buildings: Garage
  • Parcel Number: 220502901160000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 99200
  • Total Deduction Amnt: 63620
  • Total Finished Square Footage: 1200
  • Type: 1 Story
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 1200.00
  • Appliances: Garage Door Opener, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master, Blinds, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Eat-In Kitchen, Open Floor Plan, Pantry, Sump Pump
  • Lot Sq Ft: 3920.40
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1200
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Enclosed Porch, Screens, Vinyl Siding
  • Home Warranty: Yes

Garage/Parking

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

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.0900
  • Lot Description: Corner Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
Apr 28, 2020
Sold by
Hare Trust
Bought by
Scharlow Brett D
Seller's Agent
Amy Hein
Semonin REALTORS
Buyer's Agent
Sara Lopp Dietrich
Lopp Real Estate Brokers
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%
Current Estimated Value
$206,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,455
Avg. Annual Appreciation
7.56%
Original Mortgage
$112,000
Outstanding Balance
$95,464
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$110,991

Purchase Details

Listed on
Jan 9, 2018
Closed on
Jan 31, 2018
Sold by
Boman Vivian L
Bought by
Hare Trust
Seller's Agent
Todd Paxton
Lopp Real Estate Brokers
Buyer's Agent
Amy Hein
Semonin REALTORS
List Price
$120,000
Sold Price
$114,000
Premium/Discount to List
-$6,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%

Purchase Details

Listed on
Oct 22, 2012
Closed on
Dec 6, 2012
Sold by
Barnes Barry T
Bought by
Boman Vivian L
Seller's Agent
Don Lincoln
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Don Lincoln
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$70,100
Sold Price
$66,000
Premium/Discount to List
-$4,100
-5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%

Purchase Details

Closed on
Oct 2, 2012
Sold by
Kaniasty Emily E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 8, 2006
Sold by
Mccain John W
Bought by
Kaniasty Emily E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2005
Sold by
Anderson Robert B
Bought by
Mccain John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,211
Interest Rate
5.79%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed -- None Available
Deed -- --
Deed $66,000 --
Sheriffs Deed $103,630 None Available
Warranty Deed -- Agency Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,000 New Conventional
Closed $112,000 New Conventional
Previous Owner $92,000 New Conventional
Previous Owner $19,550 Adjustable Rate Mortgage/ARM
Previous Owner $88,211 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $140,000 -3.4% $117 / Sq Ft
04/05/2020 04/05/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $144,900 +27.1% $121 / Sq Ft
01/31/2018 01/31/18 Sold $114,000 -5.0% $95 / Sq Ft
01/11/2018 01/11/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $120,000 +81.8% $100 / Sq Ft
12/06/2012 12/06/12 Sold $66,000 -5.8% $55 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
10/22/2012 10/22/12 For Sale $70,100 -- $58 / 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 $1,593 $169,300 $10,900 $158,400
2023 $1,593 $151,000 $10,900 $140,100
2022 $1,488 $140,800 $10,900 $129,900
2021 $1,360 $128,200 $10,900 $117,300
2020 $1,302 $122,400 $10,900 $111,500
2019 $1,096 $111,600 $10,900 $100,700
2018 $1,070 $110,500 $10,900 $99,600
2017 $903 $99,200 $10,900 $88,300
2016 $822 $98,200 $10,900 $87,300
2014 $768 $90,000 $10,900 $79,100
2013 -- $95,500 $10,900 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201805140

Southern Indiana REALTORS® Association

APN: 22-05-02-901-160.000-008