$60,000
SOLD JAN 23, 2025

245 Silver St New Albany, IN 47150

3 Beds
1 Bath
1,180 Sq Ft
5,837 Sq Ft Lot

Recently Sold

$51 Per Sq Ft

25% Below List Price

3 Days on Market

Highlights

  • Covered patio or porch
  • 1 Car Detached Garage
  • 1-Story Property
  • Slate Run Elementary School Rated A-
  • Eat-In Kitchen
  • 2-minute walk to Bicknell Park

About This Home

As of January 2025

CALLING ALL INVESTORS! Tons of potential with this property that is located near Downtown New Albany near Bicknell Park!! Bring your tools and get to work! This home offers 3 nice size bedrooms, 1 full bath, large eat-in kitchen, covered front porch, back porch, located on a corner lot with a 1-car detached garage with concrete floors and electric. New construction homes just across the street. So much potential! Home being Sold "AS IS", Where Is. The seller will not complete repairs. Brand new A/C condenser in 8/24. Call today for a private showing before this home is SOLD!

Last Agent to Sell the Property

Jeremy Ward

Ward Realty Services License #RB14035695 Listed on: 12/03/2024

Co-Listed By

Brenda Bennison

Ward Realty Services License #RB14046120

Last Buyer's Agent

Hannah Paul

RE/MAX FIRST License #RB19001821

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $182

Year Built

  • Built in 1929

Lot Details

  • 5,837 Sq Ft Lot
  • Lot Dimensions are 45x130

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220502802170000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$182

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Improvements: 70200
  • Annual Tax: 182
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Unknown
  • Land Assessment: 9700
  • Legal Description: P.376 PRT. L.4 & PRT 5
  • Lot Dimensions: 45x130
  • Parcel Number: 220502802170000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 79900
  • Total Deduction Amnt: 73204
  • Total Finished Square Footage: 1180
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 1180.00
  • Appliances: Clothes Dryer, Clothes Washer, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, Eat-In Kitchen
  • Lot Sq Ft: 5837.04
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1180
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Porch

Garage/Parking

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

Utilities

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

Lot Info

  • Acres: 0.1340
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Jan 23, 2025
Sold by
Blunk Ronald Joe
Bought by
Sanchez Clara Velazquez
Seller's Agent
Jeremy Ward
Ward Realty Services
Buyer's Agent
Hannah Paul
RE/MAX FIRST
List Price
$80,000
Sold Price
$60,000
Premium/Discount to List
-$20,000
-25%
Views
22
Current Estimated Value
$71,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,944
Avg. Annual Appreciation
49.70%

Purchase Details

Closed on
Aug 2, 2007
Sold by
Blunk Ronald Joe
Bought by
City Of New Albany

Purchase Details

Closed on
Oct 5, 2005
Sold by
Dunn Mary Jane
Bought by
Blunk Ronald Joe
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 $60,000 None Listed On Document
Warranty Deed -- None Available
Personal Reps Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $60,000 -25.0% $51 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $80,000 -- $68 / 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 $182 $97,200 $9,700 $87,500
2023 $182 $79,900 $9,700 $70,200
2022 $173 $72,500 $9,700 $62,800
2021 $100 $62,200 $9,700 $52,500
2020 $98 $62,400 $9,700 $52,700
2019 $95 $62,400 $9,700 $52,700
2018 $91 $61,900 $9,700 $52,200
2017 $94 $62,100 $9,700 $52,400
2016 $63 $51,200 $9,700 $41,500
2014 $8 $49,100 $9,700 $39,400
2013 -- $47,800 $9,700 $38,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2024012620

Southern Indiana REALTORS® Association

APN: 22-05-02-802-170.000-008