$142,500
SOLD FEB 1, 2021

245 Cherry St New Albany, IN 47150

4 Beds
4 Baths
1,994 Sq Ft
0.26 Acres

Recently Sold

$71 Per Sq Ft

5% Below List Price

Highlights

  • Thermal Windows
  • 2 Car Garage
  • 4-minute walk to Anderson Park
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

As an INVESTOR, you owe it to yourself to take a look at this duplex!!! You would enjoy instant income from the current tenants. Both apartments have month-to-month tenants. Apartment A's tenant pays $650/month. Apartment B's tenant pays $750/month. The seller kept the building in good condition . . . responding immediately to problems reported by tenants. Built in 1990, the duplex offers each tenant 972 sq ft with 2 bedrooms, 1 full bath and 1 half bath, a roomy kitchen AND a well maintained garage. Act now!! Don't let this get away from you!!!

Limited time for showings: Saturday and Sunday, 8:00 am up to 7:00 pm.

Last Agent to Sell the Property

Judy Martin

Keller Williams Realty Consultants License #RB14040213 Listed on: 12/02/2020

Keller Williams Realty Consultants

Last Buyer's Agent

Sara Taylor-Hughes

eXp Realty, LLC License #RB18001038

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,023

Year Built

  • Built in 1990

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 76 x 152

Parking

  • 2 Car Garage
  • Basement Garage
  • Rear-Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete

Interior Spaces

  • 1,994 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Bedrooms and Bathrooms

  • 4 Bedrooms

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

$1,023

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Improvements: 105000
  • Additional Parking: Off Street
  • Annual Tax: 1023
  • Appointment: 24 Hour Notice
  • Construction: Existing
  • Foundation: Poured Concrete
  • Land Assessment: 169900
  • Legal Description: P. 94 E 37' L. 6 W 39' L. 7
  • Lot Dimensions: 76 x 152
  • Parcel Number: 220503401369000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 274900
  • Total Deduction Amnt: 59175
  • Total Finished Square Footage: 1994
  • Type: 2 Story
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 1994.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Lot Sq Ft: 11325.60
  • Room Count: 6
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 1994
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Paved Driveway, Thermopane Windows

Garage/Parking

  • Garage Type: Basement, Rear Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.2600
  • Zoning: Residential

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
Not Available
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 Type Sale Price Title Company
Quit Claim Deed $225,000 None Listed On Document
Warranty Deed $225,000 None Listed On Document
Warranty Deed -- Agency Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $124,699 FHA
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

  • S

    Seller's Agent in 2024

    Sara Taylor-Hughes

    eXp Realty, LLC

    (502) 417-8865

    12 in this area

    26 Total Sales

    Sara Taylor-Hughes
    Section Image
  • Bryce Cariel

    Buyer's Agent in 2024

    Bryce Cariel

    (502) 836-3035

    10 in this area

    128 Total Sales

    Bryce Cariel
    Section Image

  • J

    Seller's Agent in 2021

    Judy Martin

    Keller Williams Realty Consultants

    Section Image

  • B

    Seller's Agent in 2018

    Brian Reynolds

    Schuler Bauer Real Estate Services ERA Powered (N

    (812) 948-2888

    Brian Reynolds
    Section Image
  • Richard Dean

    Buyer's Agent in 2018

    Richard Dean

    (502) 345-2478

    2 in this area

    65 Total Sales

    Richard Dean
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2020012275

Southern Indiana REALTORS® Association

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

Indiana Floyd County New Albany 47150

245 Cherry St, New Albany, IN

This home is located at 245 Cherry St, New Albany, IN 47150 and is currently priced at $142,500, approximately $71 per square foot. This property was built in 1990. 245 Cherry St is a home located in Floyd County with nearby schools including S. Ellen Jones Elementary School, Nathaniel Scribner 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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