NOT LISTED FOR SALE

404 Highland Ave New Albany, IN 47150

Estimated Value: $837,000 - $1,193,000

7 Beds
6 Baths
8,078 Sq Ft
$129/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $705,000 $87 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,459/month

598 Days on Market

Highlights

  • In Ground Pool
  • 3 Fireplaces
  • Porch
  • Traditional Architecture
  • No HOA
  • 3 Car Attached Garage

About This Home

As of February 2019

Completed in 1929, Greystone Gables holds a commanding presence in the sought-after area of Silver Hills. Sitting on 2.4 acres, this Tudor Revival style, limestone home with tile roof and decorative clay chimney pots offers examples of outstanding craftsmanship throughout its' 8000+ square feet. Elegant staircases, barrel-vaulted ceilings, walnut paneling with inlaid mahogany designs, quatrefoil ornamental ceilings are just a few of the intricate architectural details you will find here. Meticulously updated with a careful eye to maintain the historic value, this home offers a state-of-the-art kitchen, a luxurious master suite, theatre room, heated pool and several ''outdoor rooms'' and gardens for elegant or casual entertaining. A gem, beautifully restored with outstanding vista views from every vantage point, waiting for you to begin making your history here.

Last Agent to Sell the Property

Jason Farabee

Lenihan Sotheby's International Realty Listed on: 06/07/2016

Co-Listed By

Terri Bass

Lenihan Sotheby's International Realty License #213930

Last Buyer's Agent

Nancy Stein

Semonin Realtors License #216158

Semonin Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,625

Year Built

  • Built in 1929

Lot Details

  • Privacy Fence

Parking

  • 3 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Slate Roof
  • Tile Roof
  • Stone Siding

Interior Spaces

  • 8,078 Sq Ft Home
  • 3-Story Property
  • 3 Fireplaces
  • Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Silver Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22-05-00-301--005.000-008
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,625

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Cooling System: Central Air, Other
  • Stories: 3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • ResoPoolFeatures: In Ground
  • Co List Office Phone: 502-899-2129
  • Subdivision Name: SILVER HILLS
  • Above Grade Finished Sq Ft: 8078.0
  • Architectural Style: Traditional
  • Dining Room Level: First
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bedroom Level: Second
  • Cooling Central Air: Yes
  • Lot Description:Wooded: Yes
  • Fencing Privacy: Yes
  • Roof Tile3: Yes
  • RoofSlate: Yes
  • Pool Features In Ground: Yes
  • Architectural Style Traditional: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Bedroom Level: Second
  • Family Room Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Other Level: First
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplaces: 3
  • Other Rooms:Family Room2: Yes
  • BasementFoundation:Poured Concrete: Yes
  • Basement Finished: Yes

Exterior Features

  • Fencing: Privacy
  • Roof: Slate, Tile
  • Acres: 2.43
  • Construction Type: Other, Wood Frame, Stone
  • Foundation Details: Concrete Blk, Poured Concrete
  • Patio And Porch Features: Patio, Porch
  • Construction:Frame - Wood2: Yes
  • Construction:Stone3: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Entry Side, Driveway
  • GarageParking:Attached: Yes
  • Garageparkingdriveway: Yes

Utilities

  • Utilities: Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Other
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 105850.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 22-05-00-301--005.000-008
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1929

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2016
Closed on
Jan 31, 2019
Sold by
Oakes William W
Bought by
Sprigler John C and Sprigler Morgan
Seller's Agent
Jason Farabee
Lenihan Sotheby's International Realty
Buyer's Agent
Nancy Stein
Semonin Realtors
List Price
$1,195,000
Sold Price
$705,000
Premium/Discount to List
-$490,000
-41%
Current Estimated Value
$1,058,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,573
Avg. Annual Appreciation
5.93%
Original Mortgage
$634,500
Outstanding Balance
$557,839
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$487,054

Purchase Details

Listed on
Jun 7, 2016
Closed on
Jan 18, 2019
Sold by
Cabirac Georgia
Bought by
Oaks William W
Seller's Agent
Jason Farabee
Lenihan Sotheby's International Realty
Buyer's Agent
Nancy Stein
Semonin Realtors
List Price
$1,195,000
Sold Price
$705,000
Premium/Discount to List
-$490,000
-41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,500
Outstanding Balance
$557,839
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$487,054

Purchase Details

Closed on
Nov 11, 2015
Sold by
Oakes Georgia C
Bought by
Oakes William W and Oakes Georgia C

Purchase Details

Closed on
Mar 14, 2014
Sold by
Oakes William W and Oakes Georgia C
Bought by
Oakes Georgia C

Purchase Details

Listed on
Mar 7, 2012
Closed on
Aug 17, 2012
Sold by
Lopp Debra K
Bought by
Oakes William W
Seller's Agent
Mark Shiflet
Lenihan Sotheby's International Realty
Buyer's Agent
Nancy Stein
Semonin Realtors
List Price
$1,475,000
Sold Price
$1,225,000
Premium/Discount to List
-$250,000
-16.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.19%
Original Mortgage
$980,000
Interest Rate
3%
Mortgage Type
Assumption

Purchase Details

Closed on
Jul 6, 2006
Sold by
Lopp John and Lopp Debra K
Bought by
Lopp Debra K

Purchase Details

Closed on
Oct 5, 2005
Sold by
Steinwedel William T and Christine Steinwedel M
Bought by
Lopp John and Lopp Debra K

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
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sprigler John C -- None Available
Oaks William W -- None Available
Oakes William W -- --
Oakes Georgia C -- Kemp Title Agency Llc
Oakes William W -- Limestone Title And Escrow L
Lopp Debra K -- None Available
Lopp John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sprigler John C $634,500
Previous Owner Oakes William W $980,000
Previous Owner Lopp John $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2019 02/01/19 Sold $705,000 -29.1% $87 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
05/30/2017 05/30/17 Price Changed $995,000 -16.7% $123 / Sq Ft
06/06/2016 06/06/16 For Sale $1,195,000 -2.4% $148 / Sq Ft
08/17/2012 08/17/12 Sold $1,225,000 -16.9% $152 / Sq Ft View Prior Sale
06/05/2012 06/05/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $1,475,000 -- $183 / Sq Ft
Source: Metro Search, Inc.

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 $10,625 $850,800 $60,100 $790,700
2023 $13,339 $916,100 $60,100 $856,000
2022 $11,204 $925,900 $60,100 $865,800
2021 $10,460 $859,000 $60,100 $798,900
2020 $10,443 $859,200 $60,100 $799,100
2019 $10,480 $859,200 $60,100 $799,100
2018 $21,722 $982,100 $60,100 $922,000
2017 $10,903 $850,600 $60,100 $790,500
2016 $9,841 $841,900 $60,100 $781,800
2014 $8,612 $762,800 $60,100 $702,700
2013 -- $739,800 $60,100 $679,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1449522

Metro Search, Inc.

APN: 22-05-00-301-005.000-008