NOT LISTED FOR SALE

305 W Main St New Albany, IN 47150

Estimated Value: $229,000 - $257,749

2 Beds
2 Baths
1,736 Sq Ft
$143/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $185,000 $107 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,439/month

1 Day on Market

Highlights

  • Second Kitchen
  • Fenced Yard
  • Porch
  • Deck
  • Thermal Windows
  • Patio

About This Home

As of December 2021

Welcome to 305 W Main St in downtown New Albany! This duplex has been totally renovated and updated. You'll enjoy the convenience of walking to the food and entertainment district of downtown New Albany! Just minutes from the Sherman Minton bridge, this duplex offers a 2 bedroom unit on the main floor and a studio with 1 bathroom on the lower level. Both units are equipped with appliances, including washer and dryer that will remain. The main floor has a large wrap around deck and there is a fenced private courtyard that's perfect for an evening of relaxation.

Last Agent to Sell the Property

Stacie Thompson

RE/MAX Advantage License #RB14039171 Listed on: 10/15/2021

RE/MAX Advantage

Last Buyer's Agent

Geoffrey Novak

License #RB19002147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,625

Year Built

  • Built in 1929

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 30 x 62
  • Fenced Yard
  • Landscaped

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,736 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220500200524000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,625

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Annual Tax: 1625
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Poured Concrete
  • Legal Description: P 93 W 30' OF N 62' L 25
  • Lot Dimensions: 30 x 62
  • Parcel Number: 220500200524000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1736
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Full, Outside Entrance, Walkout
  • Above Grade Finished Sq Ft: 868.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Ceiling Fan(s), Eat-In Kitchen, Second Kitchen, Split Bedrooms
  • Lot Sq Ft: 1742.40
  • Sewer Type: Sewer
  • Total Sq Ft: 1736

Exterior Features

  • Exterior Features: Deck, Fenced Yard, Landscaped, Patio, Porch, Thermopane Windows

Utilities

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

Lot Info

  • Acres: 0.0400
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 13, 2021
Sold by
Thorpe Douglas A and Riddle Jackson B
Bought by
Cadle Chase
Seller's Agent
Stacie Thompson
RE/MAX Advantage
Buyer's Agent
Geoffrey Novak
List Price
$180,000
Sold Price
$185,000
Premium/Discount to List
$5,000
2.78%
Current Estimated Value
$248,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,437
Avg. Annual Appreciation
7.69%
Original Mortgage
$148,000
Outstanding Balance
$135,883
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$112,554

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 31, 2018
Sold by
Davis Sierra F and Davis Dillon D
Bought by
Thorpe Douglas A and Riddle Jackson B
Seller's Agent
Jeremy Ward
Ward Realty Services
Buyer's Agent
Stacie Thompson
RE/MAX Advantage
List Price
$116,900
Sold Price
$112,000
Premium/Discount to List
-$4,900
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.48%
Original Mortgage
$83,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2017
Closed on
Nov 14, 2017
Sold by
New American Real Estate Llc
Bought by
Davis Sierra F and Davis Dillion D
Seller's Agent
Jeremy Ward
Ward Realty Services
Buyer's Agent
Jeremy Ward
Ward Realty Services
List Price
$59,900
Sold Price
$41,000
Premium/Discount to List
-$18,900
-31.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
256.82%
Original Mortgage
$30,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2017
Sold by
Floyd County Sheriff
Bought by
New American Real Estate Llc
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
Cadle Chase $370,000 None Available
Thorpe Douglas A -- Freibert & Mattingly Title G
Davis Sierra F -- --
New American Real Estate Llc $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cadle Chase $148,000
Previous Owner Thorpe Douglas A $83,250
Previous Owner Davis Sierra F $30,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2021 12/13/21 Sold $185,000 +2.8% $107 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $180,000 +60.7% $104 / Sq Ft
08/31/2018 08/31/18 Sold $112,000 -2.5% $65 / Sq Ft View Prior Sale
07/11/2018 07/11/18 Pending -- -- --
06/29/2018 06/29/18 Price Changed $114,900 -1.7% $66 / Sq Ft
06/08/2018 06/08/18 For Sale $116,900 +185.1% $67 / Sq Ft
11/17/2017 11/17/17 Sold $41,000 -31.6% $24 / Sq Ft View Prior Sale
08/31/2017 08/31/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $59,900 -- $35 / 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 $1,627 $76,600 $7,500 $69,100
2023 $1,812 $84,900 $7,500 $77,400
2022 $1,736 $81,500 $7,500 $74,000
2021 $1,623 $75,400 $7,500 $67,900
2020 $1,625 $75,400 $7,500 $67,900
2019 $1,471 $68,200 $7,500 $60,700
2018 $819 $67,400 $7,500 $59,900
2017 $1,542 $67,300 $7,500 $59,800
2016 $1,216 $66,700 $7,500 $59,200
2014 $1,138 $55,600 $7,500 $48,100
2013 -- $54,000 $7,500 $46,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2021011573

Southern Indiana REALTORS® Association

APN: 22-05-00-200-524.000-008