NOT LISTED FOR SALE

2518 E Elm St New Albany, IN 47150

Estimated Value: $107,000 - $190,000

2 Beds
1 Bath
636 Sq Ft
$232/Sq Ft Est. Value

Last Sold January 26, 2012

Last sale price $35,000 $55 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $862/month

18 Days on Market

Highlights

  • Open Floorplan
  • Covered patio or porch
  • 1-Story Property
  • Slate Run Elementary School Rated A-
  • Fenced Yard
  • Landscaped

About This Home

As of January 2012

Possible Short Sale. At this price in the neighborhood this is a good buy! The East End of New Albany is close to everything. This little house has had some upgrades and has a large fenced backyard. Extra lot available next to this property.

Last Agent to Sell the Property

Jeremy Ward

Ward Realty Services License #RB14035695 Listed on: 10/31/2011

Co-Listed By

Dave Davis

Ward Realty Services License #RB14039018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 1950

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Street terminates at a dead end
  • Fenced Yard
  • Landscaped

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 636 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 220502901038000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$856

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Improvements: 25400
  • Annual Tax: 856
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 19200
  • Legal Description: 008-57000-42 P.489 L.28; 2518 Elm St.
  • Lot Dimensions: 60 x 120
  • Parcel Number: 220502901038000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Short Sale: Yes
  • Subdivision Yn: Yes
  • Total: 44600
  • Total Finished Square Footage: 636
  • Type: 1 Story
  • Year Built: 1950
  • Special Features: 12

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 636.00
  • Appliances: Dishwasher, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Open Floor Plan
  • Lot Measurement: Acres
  • Lot Sq Ft: 7187.00
  • Room Count: 4
  • Sewer Type: Sewer
  • Total Sq Ft: 636
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Landscaped

Garage/Parking

  • Garage Spaces: 0

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1700
  • Lot Description: Additional Land Av, Dead End Street
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2023
Sold by
Kelley Erin
Bought by
Gillock Linda Charmaine
Total Days on Market
18
Current Estimated Value
$147,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Outstanding Balance
$91,188
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$49,297

Purchase Details

Closed on
Dec 29, 2017
Sold by
Parker Eloise P and Clare Biedenharn D
Bought by
Kelly Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,965
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2011
Closed on
Jan 26, 2012
Sold by
Coburn Linda
Bought by
Richardson Dorothy
Seller's Agent
Jeremy Ward
Ward Realty Services
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%

Purchase Details

Closed on
Apr 21, 2006
Sold by
Wimsatt Anthony E and Wimsatt Stacey L
Bought by
Coburn Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in New Albany, IN

  • 330 E 16th St, New Albany, IN 47150

    $184,900

    • 2 Beds
    • 1 Bath
    • 1,008 Sq Ft
    • 330 E 16th St
    • New Albany, IN

    BRAND NEW CONSTRUCTION FOR UNDER $190,000! Be the first to call this beautifully built 2 bedroom, 1 bath home your own! Thoughtfully designed for modern living, this home features Luxury Vinyl Plank floors throughout, combining durability and contemporary style. The open concept living area flows into the sleek kitchen equipped with stainless steel appliances including a range/oven, microwave,

    Debbie Brown Ward Realty Services

    Section Image
  • 416 W 7th St, New Albany, IN 47150

    $184,900

    • 2 Beds
    • 1 Bath
    • 962 Sq Ft
    • 416 W 7th St
    • New Albany, IN

    Charming Brand New Construction in the heart of New Albany. Spacious 2 Bedrooms and 1 Bath for under $195,000! State Statutory New Construction Warranty, new stainless steel appliances (Refrigerator not included), Luxury Vinyl Plank (LVP) floors throughout, Separate Laundry and utility room, and a back deck for your enjoyment overlooking the backyard. This home is approximately 90 days from

    Debbie Brown Ward Realty Services

    Section Image
  • 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
  • 2107 Willow St, New Albany, IN 47150

    $184,900

    • 2 Beds
    • 1 Bath
    • 962 Sq Ft
    • 2107 Willow St
    • New Albany, IN

    Great price for a new construction home! Enter your new home through the covered front porch into your open concept living room and kitchen. There is bar seating at the island and ample storage in the cabinets. LVP flooring throughout the home makes cleaning easy. Generous sized full bathroom and 2 bedrooms complete the home. The main bedroom has a walk in closet & feature wall. Utility and

    Karen Wilson Ward Realty Services

    Section Image
  • 2105 Willow St, New Albany, IN 47150

    $184,900

    • 2 Beds
    • 1 Bath
    • 962 Sq Ft
    • 2105 Willow St
    • New Albany, IN

    Looking for a affordable new construction home? This is it! Enter your new home through the covered front porch into your open concept living room and kitchen. There is bar seating at the island and ample storage in the cabinets. LVP flooring throughout the home makes cleaning easy. Generous sized full bathroom and 2 bedrooms complete the home. The main bedroom has a walk in closet. Utility and

    Karen Wilson Ward Realty Services

    Section Image
  • 1808 E Spring St, New Albany, IN 47150

    $162,000

    • 2 Beds
    • 1 Bath
    • 841 Sq Ft
    • 1808 E Spring St
    • New Albany, IN

    Welcome home to this charming 2-bedroom, 1-bathroom property boasting 841 sq ft of comfortable living space. Situated in ahighly desirable location, convenience is at your doorstep with easy access to shopping, dining, and public transportation via anearby bus stop. Enjoy peace of mind with a brand new roof, furnace, siding and hot water heater, ensuring worry-free livingfor years to come. Relax

    Tiffany Fields Green Tree Real Estate Services

    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
  • 2210 Shrader Ave, New Albany, IN 47150

    $165,000

    • 2 Beds
    • 1 Bath
    • 756 Sq Ft
    • 2210 Shrader Ave
    • New Albany, IN

    Charming, fully remodeled 756 sq ft home featuring 2 bedrooms and 1 bathroom. This move-in-ready gem boasts completely new electric, new windows, new HVAC, a brand-new kitchen with stainless steel appliances and granite countertops, new luxury vinyl plank (LVP) floors throughout, a beautifully tiled bathroom, and countless upgrades—offering a like-new property with zero issues. Enjoy a covered

    Donna Mink Mink Realty

    Section Image
  • 2403 Fairmont Ave, New Albany, IN 47150

    $169,900

    • 3 Beds
    • 2 Baths
    • 2,080 Sq Ft
    • 2403 Fairmont Ave
    • New Albany, IN

    Back on Market due to buyer financing. Investment Opportunity in Southern Indiana! Don't miss this versatile 2-story home featuring 3 bedrooms, 2 full bathrooms, two spacious kitchens, a large covered deck, and a one-car garage. The partially finished storage area is currently used as a heated entertainment space (not cooled), offering even more flexibility. Previously configured as a duplex,

    Tarrah Downey Ward Realty Services

    Section Image

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

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
Gillock Linda Charmaine $125,000 --
Kelly Erin -- --
Richardson Dorothy -- None Available
Coburn Linda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillock Linda $25,497
Open Gillock Linda Charmaine $93,750
Previous Owner Kelly Erin $31,965
Previous Owner Coburn Linda $62,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2012 01/26/12 Sold $35,000 -12.3% $55 / Sq Ft
11/18/2011 11/18/11 Pending -- -- --
10/31/2011 10/31/11 For Sale $39,900 -- $63 / 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 $420 $70,500 $17,200 $53,300
2023 $420 $64,400 $17,200 $47,200
2022 $328 $42,900 $17,200 $25,700
2021 $309 $40,700 $17,200 $23,500
2020 $296 $40,600 $17,200 $23,400
2019 $270 $38,400 $17,200 $21,200
2018 $266 $38,100 $17,200 $20,900
2017 $0 $36,000 $17,200 $18,800
2016 -- $35,800 $17,200 $18,600
2014 -- $33,900 $17,200 $16,700
2013 -- $35,100 $17,200 $17,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201107409

Southern Indiana REALTORS® Association

APN: 22-05-02-901-038.000-008