309 E Spring St New Albany, IN 47150
Estimated Value: $310,000 - $1,190,204
2
Beds
2
Baths
1,005
Sq Ft
$746/Sq Ft
Est. Value
About This Home
Welcome to Lofts on 3rd! We're a new construction and rehabilitation of the 120+ year old Centenary Methodist Church on Spring Street in the growing downtown New Albany Indiana. Our residents enjoy close proximity to the waterfront, the best downtown New Albany has to offer, and are just minutes away from Indiana University Southeast and Baptist Health Floyd! The Lofts on 3rd embodies the perfect mixture of historical essence and novelty reverberating throughout the entire downtown New Albany area. Our 1, 2, and loft style apartments include exceptional renovations, but also exposed brick walls reminiscent of a previous age. Connect with us to experience the thrill of coming home once again!
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 3, 2022
Sold by
Centenary On S Spring Llc
Bought by
Lofts On 3Rd Holdings Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,955,000
Outstanding Balance
$3,681,313
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
-$2,931,211
Purchase Details
Closed on
Apr 20, 2020
Sold by
Centenary United Methodist Church Of New
Bought by
Centenary On Spring Llc
Purchase Details
Closed on
Nov 7, 2005
Sold by
Malison Ronald C and Braden David A
Bought by
Centenary United Methodist Church Of New
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lofts On 3Rd Holdings Llc | -- | None Listed On Document | |
| Centenary On Spring Llc | -- | None Available | |
| Centenary United Methodist Church Of New | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Off Market | $1,300 | -- | -- |
| 02/29/2024 02/29/24 | Price Changed | $1,300 | +13.0% | $1 / Sq Ft |
| 01/03/2024 01/03/24 | Price Changed | $1,150 | -4.2% | $1 / Sq Ft |
| 08/07/2023 08/07/23 | For Rent | $1,200 | 0.0% | -- |
| 07/13/2023 07/13/23 | For Rent | $1,200 | 0.0% | -- |
| 06/14/2023 06/14/23 | For Rent | $1,200 | 0.0% | -- |
| 05/01/2023 05/01/23 | Price Changed | $1,200 | +33.3% | $1 / Sq Ft |
| 03/13/2023 03/13/23 | Price Changed | $900 | -25.0% | $1 / Sq Ft |
| 08/09/2022 08/09/22 | Price Changed | $1,200 | +33.3% | $1 / Sq Ft |
| 07/22/2022 07/22/22 | Price Changed | $900 | +28.6% | $1 / Sq Ft |
| 07/20/2022 07/20/22 | Price Changed | $700 | -41.7% | $1 / Sq Ft |
| 06/09/2022 06/09/22 | Price Changed | $1,200 | -4.0% | $1 / Sq Ft |
| 06/07/2022 06/07/22 | For Rent | $1,250 | 0.0% | -- |
| 05/19/2022 05/19/22 | For Rent | $1,250 | -- | -- |
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 | $126,839 | $1,655,800 | $101,700 | $1,554,100 |
| 2023 | $126,839 | $4,600,700 | $101,700 | $4,499,000 |
| 2022 | $128,246 | $4,650,700 | $101,700 | $4,549,000 |
| 2021 | $18,507 | $842,100 | $101,700 | $740,400 |
| 2020 | $3,374 | $842,300 | $101,700 | $740,600 |
| 2019 | $3,267 | $842,300 | $101,700 | $740,600 |
| 2018 | $3,037 | $834,200 | $101,700 | $732,500 |
| 2017 | $2,369 | $823,600 | $101,700 | $721,900 |
| 2016 | $2,681 | $815,700 | $101,700 | $714,000 |
| 2014 | $2,934 | $874,700 | $101,700 | $773,000 |
| 2013 | -- | $848,600 | $101,700 | $746,900 |
Source: Public Records
Map
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