409 E 7th St New Albany, IN 47150
Estimated Value: $124,000 - $171,000
2
Beds
1.5
Baths
1,241
Sq Ft
$116/Sq Ft
Est. Value
Highlights
- Deck
- Shed
- Forced Air Heating and Cooling System
- Covered patio or porch
About This Home
As of September 2021Investment or first-time homebuyer opportunity conveniently located between Spring and Elm St, close to downtown New Albany! 2 Bedroom 1.5 Bath with a nice, fenced in backyard with a newer deck, shed, plus alley access. The first floor has a bedroom, living room, full bath, eat-in kitchen, and laundry room plus a small, enclosed porch off the kitchen that leads to the backyard. Upstairs there is a 1/2 bath and bedroom, which gives someone their own space. There is currently a tenant who has lived in the home for the past 10 years and would like to stay, if possible. Property to be sold As-Is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,259
Year Built
- Built in 1929
Lot Details
- 3,572 Sq Ft Lot
- Lot Dimensions are 30 x 120
Home Design
- Frame Construction
Interior Spaces
- 1,241 Sq Ft Home
- 1.5-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
Outdoor Features
- Deck
- Covered patio or porch
- Shed
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 220500200794000008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2021
Closed on
Sep 24, 2021
Sold by
Mix Justin
Bought by
Willoughby & Associates
Seller's Agent
Jesse Niehaus
Semonin REALTORS
Buyer's Agent
Jesse Niehaus
Semonin REALTORS
List Price
$82,900
Sold Price
$85,000
Premium/Discount to List
$2,100
2.53%
Total Days on Market
3
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
$59,166
Original Mortgage
$68,000
Interest Rate
2.8%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Aug 28, 2019
Sold by
Duvall Mathew R
Bought by
Cpr Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 15, 2008
Sold by
Burke Scott A and Logsdon Christopher P
Bought by
Duvall Mathew R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,290
Interest Rate
6.11%
Mortgage Type
New Conventional
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Similar Homes in New Albany, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Willoughby & Associates | $170,000 | Agency Title | |
| Mix Justin | $170,000 | Agency Title | |
| Cpr Investments Llc | -- | None Available | |
| Duvall Mathew R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mix Justin | $68,000 | |
| Previous Owner | Cpr Investments Llc | $54,400 | |
| Previous Owner | Duvall Mathew R | $52,290 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2021 09/24/21 | Sold | $85,000 | +2.5% | $68 / Sq Ft |
| 08/08/2021 08/08/21 | Pending | -- | -- | -- |
| 08/05/2021 08/05/21 | For Sale | $82,900 | -- | $67 / 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 | $1,450 | $75,600 | $12,000 | $63,600 |
| 2023 | $1,450 | $67,100 | $12,000 | $55,100 |
| 2022 | $1,463 | $67,700 | $12,000 | $55,700 |
| 2021 | $1,376 | $63,200 | $12,000 | $51,200 |
| 2020 | $1,258 | $57,800 | $12,000 | $45,800 |
| 2019 | $1,168 | $53,600 | $12,000 | $41,600 |
| 2018 | $1,206 | $53,200 | $12,000 | $41,200 |
| 2017 | $1,773 | $53,000 | $12,000 | $41,000 |
| 2016 | $1,276 | $52,600 | $12,000 | $40,600 |
| 2014 | $828 | $41,400 | $12,000 | $29,400 |
| 2013 | -- | $40,300 | $12,000 | $28,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jesse Niehaus
Seller's Agent in 2021
Jesse Niehaus
Semonin Realty
(502) 558-1579
73 in this area
290 Total Sales
Map
Source: Southern Indiana REALTORS® Association
MLS Number: 202109768
APN: 22-05-00-200-794.000-008
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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