NOT LISTED FOR SALE

245 Cherry St New Albany, IN 47150

Estimated Value: $219,000 - $240,000

4 Beds
4 Baths
1,994 Sq Ft
$116/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $225,000 $113 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,456/month

33 Days on Market

Highlights

  • First Floor Utility Room
  • Forced Air Heating and Cooling System
  • 1 Car Garage
  • Eat-In Kitchen
  • Ceiling Fan
  • 4-minute walk to Anderson Park

About This Home

As of June 2024

This mirror image DUPLEX is the perfect INVESTMENT opportunity! Each apartment has 2 bedrooms, 1 full bath, and a 1/2 bath. Each unit has an attached one car garage in the basement with inside stair entry leading to the individual apartment. The attached garage itself is a tenant's dream! The kitchen is nice and open to allow for an eat in table. This duplex brings in a total of $1800/month. Apartment A has a long term tenant who is on a month-to-month lease bringing in $650/month. Apartment B is bringing in $1,150/month. Apartment B has been completely redone top to bottom and has potential to rent for $1400/month or better yet, live in one and let the other pay your mortgage! Mandatory 48 hours notice for all showings. All square footage and room sizes are approximate.

Last Agent to Sell the Property

Sara Taylor-Hughes

eXp Realty, LLC License #RB18001038 Listed on: 04/09/2024

eXp Realty, LLC

Last Buyer's Agent

Bryce Cariel

License #RB19000922

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1990

Lot Details

  • 0.26 Acre Lot

Parking

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

Interior Spaces

  • 1,994 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • First Floor Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220503401369000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,407

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Improvements: 112900
  • Additional Parking: Off Street
  • Annual Tax: 1407
  • Appointment: Mandatory
  • Construction: Existing
  • Land Assessment: 16900
  • Legal Description: P. 94 E 37' L. 6 W 39' L. 7
  • Parcel Number: 220503401369000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 129800
  • Total Finished Square Footage: 1994
  • Type: 2 Story
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Full
  • Above Grade Finished Sq Ft: 1994.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Oven Self Clean, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Utility, Ceiling Fan(s), Eat-In Kitchen, Family Room
  • Lot Sq Ft: 11325.60
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1994
  • Total Rooms: 4

Garage/Parking

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

Utilities

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

Lot Info

  • Acres: 0.2600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jul 24, 2024
Sold by
Parker David
Bought by
Parker David and Parker Bradley A
Seller's Agent
Sara Taylor-Hughes
eXp Realty, LLC
Buyer's Agent
Bryce Cariel
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%
Views
52
Current Estimated Value
$230,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,984
Avg. Annual Appreciation
2.72%

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jul 23, 2024
Sold by
Polo Llc
Bought by
Parker David
Seller's Agent
Sara Taylor-Hughes
eXp Realty, LLC
Buyer's Agent
Bryce Cariel
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%
Views
52

Purchase Details

Listed on
Jul 24, 2018
Closed on
Sep 27, 2018
Sold by
Jt & Jt Llc
Bought by
Yelensky Wayne M
Seller's Agent
Brian Reynolds
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Richard Dean
List Price
$129,900
Sold Price
$127,000
Premium/Discount to List
-$2,900
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$124,699
Interest Rate
4.25%
Mortgage Type
FHA
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
Parker David $225,000 None Listed On Document
Parker David $225,000 None Listed On Document
Yelensky Wayne M -- Agency Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yelensky Wayne M $124,699
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $225,000 -5.9% $113 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $239,000 0.0% $120 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $239,000 +67.7% $120 / Sq Ft
02/01/2021 02/01/21 Sold $142,500 -5.0% $71 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $150,000 +18.1% $75 / Sq Ft
09/27/2018 09/27/18 Sold $127,000 -2.2% $65 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $129,900 -- $67 / 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 $2,770 $127,300 $16,900 $110,400
2023 $2,770 $129,800 $16,900 $112,900
2022 $2,817 $131,900 $16,900 $115,000
2021 $1,272 $121,800 $16,900 $104,900
2020 $1,238 $122,400 $16,900 $105,500
2019 $1,023 $111,800 $16,900 $94,900
2018 $662 $85,500 $16,900 $68,600
2017 $2,172 $84,800 $16,900 $67,900
2016 $1,682 $84,100 $16,900 $67,200
2014 $2,216 $110,800 $16,900 $93,900
2013 -- $105,300 $16,900 $88,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202407018

Southern Indiana REALTORS® Association

APN: 22-05-03-401-369.000-008