NOT LISTED FOR SALE

405 E Elm St New Albany, IN 47150

Estimated Value: $81,000 - $210,000

3 Beds
1.5 Baths
1,440 Sq Ft
$108/Sq Ft Est. Value

Last Sold June 13, 2014

Last sale price $29,000 $20 Per Sq Ft

Est. 437% increase in value since last sale

Current estimated payment $967/month

43 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Ceiling Fan
  • Covered patio or porch
  • Forced Air Heating and Cooling System

About This Home

As of June 2014

Great opportunity for an investor or someone looking for a place to do some remodeling work. Current income on this property is $750/month. Just a short jaunt to all of the great restaurants in downtown New Albany, shopping, or New Albany High School.

Last Listed By

Kelly Adams

Keller Williams Realty Consultants License #RB14038389 Listed on: 04/21/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $519

Year Built

  • Built in 1929

Lot Details

  • 3,001 Sq Ft Lot
  • Lot Dimensions are 25x120

Parking

  • 1 Car Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement
  • Basement Cellar
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220503500145000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$519

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Improvements: 17000
  • Annual Tax: 519
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 8800
  • Legal Description: P.93 E 25' L.34 MAP REF:05-00-22S-317
  • Lot Dimensions: 25x120
  • Numof Fireplaces: 0
  • Parcel Number: 220503500145000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 25800
  • Total Finished Square Footage: 1440
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Lp Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1440.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), Eat-In Kitchen
  • Lot Measurement: Acres
  • Lot Sq Ft: 3001.00
  • Room Count: 7
  • Sewer Type: Sewer Available
  • Total Sq Ft: 1440
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Patio, Covered Porch, Deck
  • Road Frontage: 25'

Garage/Parking

  • Garage Spaces: 1

Utilities

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

Lot Info

  • Acres: 0.0700
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2014
Closed on
Jun 13, 2014
Sold by
Smith G Layne
Bought by
Wassom Reginald E
Seller's Agent
Kelly Adams
Keller Williams Realty Consultants
Buyer's Agent
Kelly Adams
Keller Williams Realty Consultants
List Price
$29,900
Sold Price
$29,000
Premium/Discount to List
-$900
-3.01%
Total Days on Market
43
Current Estimated Value
$155,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,692
Avg. Annual Appreciation
16.54%

Purchase Details

Closed on
May 11, 2009
Sold by
River City Bank
Bought by
E Elm 405 Smith Family Trust

Purchase Details

Closed on
Mar 2, 2009
Sold by
Roberts Michael and Roberts Michael A
Bought by
River City Bank

Purchase Details

Closed on
Oct 12, 2007
Sold by
Roberts Michael A
Bought by
Woodward Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,053
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2007
Sold by
Richmer Luann
Bought by
Roberts Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,279
Interest Rate
6.27%
Mortgage Type
Unknown

Range of Values:

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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
Wassom Reginald E -- --
E Elm 405 Smith Family Trust $18,700 None Available
River City Bank -- None Available
Woodward Linda R $79,000 None Available
Roberts Michael A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Michael A $61,053
Previous Owner Roberts Michael A $50,279
Previous Owner Roberts Michael A $60,892
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2014 06/13/14 Sold $29,000 -3.0% $20 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $29,900 -- $21 / 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 $1,200 $34,000 $8,800 $25,200
2023 $1,200 $37,000 $8,800 $28,200
2022 $771 $35,800 $8,800 $27,000
2021 $729 $33,600 $8,800 $24,800
2020 $730 $33,600 $8,800 $24,800
2019 $671 $30,900 $8,800 $22,100
2018 $670 $30,700 $8,800 $21,900
2017 $1,005 $30,700 $8,800 $21,900
2016 $614 $30,500 $8,800 $21,700
2014 $530 $26,300 $8,800 $17,500
2013 -- $25,800 $8,800 $17,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201402817

Southern Indiana REALTORS® Association

APN: 22-05-03-500-145.000-008