2574 Lynn Ct New Albany, IN 47150
Estimated Value: $115,130 - $214,000
3
Beds
3
Baths
2,150
Sq Ft
$76/Sq Ft
Est. Value
Highlights
- Shed
- Slate Run Elementary School Rated A-
- Baseboard Heating
About This Home
As of May 2023Triplex, with Great Investment Opportunity! Each unit is separately metered. The property is located off Charlestown Rd near shopping and restaurants. Only one unit is currently rented (month to month), well below market rates. Other two units are vacant and ready to be rented. Located on a good size lot that has the possibility for additional units, garages, parking spaces or whatever you may think of. Potential to also convert back to a single family residence if desired. Don't miss your opportunity, to pick up a potential cash flowing property in a desirable area. Sold as is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,796
Year Built
- Built in 1929
Lot Details
- 0.39 Acre Lot
- Street terminates at a dead end
- Property is zoned Multi Family
Home Design
- Frame Construction
Interior Spaces
- 2,150 Sq Ft Home
- 2-Story Property
- Crawl Space
- Oven or Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Shed
Utilities
- Window Unit Cooling System
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 220504301308000008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2023
Closed on
May 10, 2023
Sold by
Beno Group Llc
Bought by
Geiger Commercial Properties Llc
Seller's Agent
Jeff Simmons
Buyer's Agent
Pat Groves
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$169,900
Sold Price
$112,000
Premium/Discount to List
-$57,900
-34.08%
Total Days on Market
38
Views
482
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,533
Avg. Annual Appreciation
19.30%
Purchase Details
Closed on
Aug 10, 2009
Sold by
The Beno Group Llc
Bought by
Andrews David A and 2574 Lynn Court Trust
Purchase Details
Closed on
Jun 5, 2008
Sold by
Foster Timothy and Foster Joy
Bought by
The Beno Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,685
Interest Rate
6.04%
Mortgage Type
New Conventional
Similar Homes in New Albany, IN
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Geiger Commercial Properties Llc | $112,000 | None Listed On Document | |
| Beno Group Llc | $112,000 | None Listed On Document | |
| Andrews David A | -- | None Available | |
| The Beno Group Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | The Beno Group Llc | $66,002 | |
| Previous Owner | The Beno Group Llc | $12,685 | |
| Previous Owner | The Beno Group Llc | $68,758 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/04/2023 05/04/23 | Sold | $112,000 | -5.9% | $52 / Sq Ft |
| 04/08/2023 04/08/23 | Pending | -- | -- | -- |
| 04/05/2023 04/05/23 | Price Changed | $119,000 | -25.6% | $55 / Sq Ft |
| 03/16/2023 03/16/23 | Price Changed | $159,900 | -5.9% | $74 / Sq Ft |
| 03/01/2023 03/01/23 | For Sale | $169,900 | -- | $79 / Sq Ft |
Source: Southern Indiana REALTORS® Association
Tax History Compared to Growth
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 | $3,679 | $35,500 | $24,700 | $10,800 |
| 2023 | $3,679 | $146,900 | $24,700 | $122,200 |
| 2022 | $2,976 | $139,200 | $24,700 | $114,500 |
| 2021 | $2,796 | $129,800 | $24,700 | $105,100 |
| 2020 | $2,801 | $129,800 | $24,700 | $105,100 |
| 2019 | $2,526 | $117,000 | $24,700 | $92,300 |
| 2018 | $2,589 | $119,200 | $24,700 | $94,500 |
| 2017 | $2,294 | $103,800 | $24,700 | $79,100 |
| 2016 | $2,312 | $115,500 | $24,700 | $90,800 |
| 2014 | $2,120 | $105,900 | $24,700 | $81,200 |
| 2013 | -- | $103,300 | $24,700 | $78,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Simmons
J
Seller's Agent in 2023
Jeff Simmons
18 in this area
34 Total Sales
-
Pat Groves
Buyer's Agent in 2023
Pat Groves
Schuler Bauer Real Estate Services ERA Powered (N
(502) 548-0496
12 in this area
101 Total Sales
Map
Source: Southern Indiana REALTORS® Association
MLS Number: 202306159
APN: 22-05-04-301-308.000-008
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.
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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