NOT LISTED FOR SALE

2516 Spring Ave New Albany, IN 47150

Estimated Value: $206,000 - $271,000

3 Beds
1 Bath
1,260 Sq Ft
$180/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $165,000 $131 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,315/month

2 Days on Market

Highlights

  • Open Floorplan
  • Covered Patio or Porch
  • 1-Story Property
  • Slate Run Elementary School Rated A-
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

Welcome home to this New Albany charmer. This ADORABLE home offers three bedrooms, one bathroom, a spacious living space, and an updated kitchen. Offering plenty of updates, this home will capture your heart. Enjoy updated flooring, light fixtures, an updated bathroom, and an updated kitchen. Current owners use the third bedroom as formal dining room. There is also an additional room, currently used as a den, that offers flexibility for a home office, playroom, or guest space. You will not want to miss this one! Schedule your private showing today!

Last Agent to Sell the Property

Cassidy Ruhlig

License #RB16000999 Listed on: 01/27/2022

Last Buyer's Agent

Jared Housier

Southern Homes Realty License #RB15001178

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,008

Year Built

  • Built in 1943

Lot Details

  • 6,882

Home Design

  • Block Foundation

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Decorative Fireplace
  • Family Room
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 6,882 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 220502900689000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,008

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Annual Tax: 1008
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Concrete Block
  • Legal Description: P. 345 SW 12' L. 18 40' L. 16
  • Numof Fireplaces: 1
  • Parcel Number: 220502900689000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1260
  • Type: 1 Story
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 1260.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace: Decorative
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Family Room, Formal Dining Rm, Open Floor Plan
  • Lot Sq Ft: 6882.48
  • Sewer Type: Sewer
  • Total Sq Ft: 1260

Exterior Features

  • Exterior Features: Covered Porch, Patio

Utilities

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

Lot Info

  • Acres: 0.1580
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Feb 28, 2022
Sold by
Sweeney Christopher J and Sweeney S
Bought by
Cahoe Jpseph
Seller's Agent
Cassidy Ruhlig
Buyer's Agent
Jared Housier
Southern Homes Realty
List Price
$154,900
Sold Price
$165,000
Premium/Discount to List
$10,100
6.52%
Current Estimated Value
$226,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,342
Avg. Annual Appreciation
8.79%
Original Mortgage
$165,000
Outstanding Balance
$153,506
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$72,836

Purchase Details

Listed on
Oct 21, 2013
Closed on
Apr 2, 2014
Sold by
Davis Leigh F
Bought by
Piatt Whitney and Sweeney Christopher J
Seller's Agent
Christina Kaufer
Legacy Real Estate
Buyer's Agent
Lee Ann Pedolzky
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$78,000
Sold Price
$75,000
Premium/Discount to List
-$3,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$75,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2009
Sold by
Davis Jonathan C
Bought by
Davis Leigh F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Cahoe Jpseph $330,000 Culler Law Office Llc
Piatt Whitney -- Limestone Title & Escrow Llc
Davis Leigh F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cahoe Jpseph $165,000
Previous Owner Piatt Whitney $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2022 02/28/22 Sold $165,000 +6.5% $131 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $154,900 +106.5% $123 / Sq Ft
04/02/2014 04/02/14 Sold $75,000 -3.8% $60 / Sq Ft View Prior Sale
03/07/2014 03/07/14 Pending -- -- --
10/21/2013 10/21/13 For Sale $78,000 -- $62 / 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 $1,476 $140,500 $16,900 $123,600
2023 $1,276 $126,300 $16,900 $109,400
2022 $1,248 $118,300 $16,900 $101,400
2021 $1,124 $108,800 $16,900 $91,900
2020 $1,009 $104,300 $16,900 $87,400
2019 $836 $95,800 $16,900 $78,900
2018 $742 $95,000 $16,900 $78,100
2017 $609 $86,200 $16,900 $69,300
2016 $554 $85,500 $16,900 $68,600
2014 $1,726 $86,300 $16,900 $69,400
2013 -- $95,300 $16,900 $78,400
Source: Public Records

Agents Affiliated with this Home

  • Cassidy Ruhlig

    Seller's Agent in 2022

    Cassidy Ruhlig

    (812) 813-4007

    27 in this area

    168 Total Sales

    Cassidy Ruhlig
    Section Image
  • Jared Housier

    Buyer's Agent in 2022

    Jared Housier

    Southern Homes Realty

    (812) 276-7759

    29 in this area

    124 Total Sales

    Jared Housier
    Section Image

  • O

    Buyer Co-Listing Agent in 2022

    Olivia Housier

    Southern Homes Realty

    (812) 697-3409

    7 in this area

    23 Total Sales

    Olivia Housier
    Section Image
  • Christina Kaufer

    Seller's Agent in 2014

    Christina Kaufer

    Legacy Real Estate

    (812) 786-5960

    21 in this area

    151 Total Sales

    Christina Kaufer
    Section Image

  • C

    Seller Co-Listing Agent in 2014

    Carrie Senn

    Legacy Real Estate

    (502) 693-1232

    21 in this area

    154 Total Sales

    Carrie Senn
    Section Image

  • L

    Buyer's Agent in 2014

    Lee Ann Pedolzky

    Schuler Bauer Real Estate Services ERA Powered (N

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202206552

Southern Indiana REALTORS® Association

APN: 22-05-02-900-689.000-008

Indiana Floyd County New Albany 47150

2516 Spring Ave, New Albany, IN

Not Listed for Sale

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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