NOT LISTED FOR SALE

2524 Cannon St New Albany, IN 47150

Estimated Value: $133,815 - $167,000

2 Beds
1 Bath
770 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $16,250 $21 Per Sq Ft

Est. 798% increase in value since last sale

Current estimated payment $842/month

95 Days on Market

About This Home

As of August 2018

Unlimited Potential!! Situated on a large lot in a strongly zoned commercial area. It has been a rental in the past, but needs some work. Investors dream!

Last Agent to Sell the Property

Teresa Moody

RE/MAX Advantage License #RB14045468 Listed on: 04/20/2018

RE/MAX Advantage

Last Buyer's Agent

Russ Kruer

RE/MAX Ability Plus License #RB14013527

RE/MAX Ability Plus

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 60x120

Home Design

  • Frame Construction

Interior Spaces

  • 770 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 220504300527000008

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Annual Tax: 844
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Crawl Space
  • Legal Description: P .72 L .25
  • Lot Dimensions: 60X120
  • Parcel Number: 220504300527000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 770
  • Type: 1 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Above Grade Finished Sq Ft: 770.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Lot Sq Ft: 7187.40
  • Sewer Type: Sewer
  • Total Sq Ft: 770

Utilities

  • Cooling Type: Unknown
  • Fuel Type: Unknown
  • Heat Type: Unknown
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1650
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Aug 3, 2018
Sold by
New Burg Ventures Llc
Bought by
Alliance One Properties Llc
Seller's Agent
Teresa Moody
RE/MAX Advantage
Buyer's Agent
Russ Kruer
RE/MAX Ability Plus
List Price
$35,000
Sold Price
$16,250
Premium/Discount to List
-$18,750
-53.57%
Current Estimated Value
$145,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,704
Avg. Annual Appreciation
34.97%

Purchase Details

Closed on
Jan 1, 2012
Sold by
Da Ventures Llc
Bought by
Newburg Ventures Llc

Purchase Details

Closed on
Nov 13, 2010
Sold by
Newburg Ventures Llc
Bought by
Da Ventures Llc

Purchase Details

Closed on
Sep 26, 2008
Sold by
First Savings Bank Fsb
Bought by
Newburg Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.25%

Purchase Details

Closed on
Jun 27, 2008
Sold by
Wintkrnheimer Managements Llc
Bought by
First Savings Bank Fsb
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
Alliance One Properties Llc -- Wt&S Title
Newburg Ventures Llc -- None Available
Da Ventures Llc -- None Available
Newburg Ventures Llc -- None Available
First Savings Bank Fsb -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newburg Ventures Llc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2018 08/03/18 Sold $16,250 -53.6% $21 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $35,000 -- $45 / 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 $847 $39,900 $11,100 $28,800
2023 $867 $40,600 $11,100 $29,500
2022 $873 $40,900 $11,100 $29,800
2021 $820 $38,100 $11,100 $27,000
2020 $821 $38,100 $11,100 $27,000
2019 $822 $38,100 $11,100 $27,000
2018 $820 $37,800 $11,100 $26,700
2017 $844 $38,200 $11,100 $27,100
2016 $758 $37,900 $11,100 $26,800
2014 $760 $38,000 $11,100 $26,900
2013 -- $37,300 $11,100 $26,200
Source: Public Records

Agents Affiliated with this Home

  • Teresa Moody

    Seller's Agent in 2018

    Teresa Moody

    RE/MAX

    (502) 295-6043

    27 in this area

    114 Total Sales

    Teresa Moody
    Section Image
  • Russ Kruer

    Buyer's Agent in 2018

    Russ Kruer

    RE/MAX

    (502) 291-2891

    21 in this area

    62 Total Sales

    Russ Kruer
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201808301

Southern Indiana REALTORS® Association

APN: 22-05-04-300-527.000-008

Indiana Floyd County New Albany 47150

2524 Cannon St, New Albany, IN

Not Listed for Sale

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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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