$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

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%
Total Days on Market
2
Current Estimated Value
$204,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,164
Avg. Annual Appreciation
8.13%
Original Mortgage
$112,000
Outstanding Balance
$96,601
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$111,851

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

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in New Albany, IN

  • 2410 Shelby St, New Albany, IN 47150

    $149,990

    • 1 Bed
    • 0.5 Baths
    • 1,164 Sq Ft
    • 2410 Shelby St
    • New Albany, IN

    Former house converted to a salon! Once in a lifetime opportunity!! Turn key salon! Everything you need! 6 chairs with waiting area or room to grow. Kitchen with washer and dryer already there. Newer roof , furnace , AC and water heater!! Brand new vinyl siding and gutters!! Immediate possession! Could be converted back to a house. Has been a salon for many years.

    Matthew McMahan

    Section Image
  • 1748 E Spring St, New Albany, IN 47150

    $129,000

    • 1 Bed
    • 1 Bath
    • 720 Sq Ft
    • 1748 E Spring St
    • New Albany, IN

    Check out this charming 1-bedroom, 1-bathroom cottage in the heart of downtown New Albany! This fully remodeled home offers a bright and open floor plan, combining modern updates with cozy character. Enjoy the convenience of off-street parking and a fantastic location just steps away from popular shops, restaurants, and entertainment. Whether you're looking for a low-maintenance home or a smart

    Stephannie Wilson Schuler Bauer Real Estate Services ERA Powered (N

    Section Image
  • 1525 E Oak St, New Albany, IN 47150

    $125,000

    • 3 Beds
    • 1 Bath
    • 1,136 Sq Ft
    • 1525 E Oak St
    • New Albany, IN

    So much potential in a prime New Albany location! This 3-bedroom, 1-bathroom home is a great opportunity for investors or anyone looking to add value with some TLC. Situated in a desirable area, this property offers strong potential for a rental or resale. Square footage, lot size, and utility information are approximate—buyer to verify. Home is being sold as-is.

    Stephannie Wilson Schuler Bauer Real Estate Services ERA Powered (N

    Section Image
  • 1512 Locust St, New Albany, IN 47150

    $124,900

    • 2 Beds
    • 1 Bath
    • 832 Sq Ft
    • 1512 Locust St
    • New Albany, IN

    Unlock significant potential with this 2-bedroom property awaiting transformation! While currently a diamond in the rough, this home presents a fantastic investment opportunity or a chance to create your ideal space as a starter home with room to customize. Imagine the possibilities from the welcoming covered front porch. Inside, the 832 sq ft layout offers a functional footprint, featuring an

    Jesse Allen Keller Williams Louisville

    Section Image
  • 5456 State Road 111, New Albany, IN 47150

    $99,900

    • 1 Bed
    • 1.5 Baths
    • 5456 State Road 111
    • New Albany, IN

    Looking for River front property? This is it! 1.52 Acres with small apartment for weekend get away. Storage building. Property needs TLC. Seller welcomes inspections but will not do any repairs. Property being sold "As Is". Property classified as AE Floodway. Please attach the "AS IS" addendum with purchase agreement. Call for your showing today.

    Mary Finkle Mainstreet REALTORS

    Section Image

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

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

Source: Southern Indiana REALTORS® Association

MLS Number: 201805140

Southern Indiana REALTORS® Association

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