NOT LISTED FOR SALE

415 E 7th St New Albany, IN 47150

Estimated Value: $177,000 - $269,000

4 Beds
2 Baths
1,882 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $53,500 $28 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $1,385/month

77 Days on Market

About This Home

As of December 2018

ATTENTION INVESTORS!!! Potential Cash Cow! SELLER FINANCING AVAILABLE! Currently set up as a duplex but could be converted back to a single family. One block from new apartment development. Property needs TLC but should rent for approx. $1700 as a duplex plus potential garage rental of $150. Property is located in the East Spring Street Historical District. Selling “as-is”.

Last Listed By

Matt Schaefer

Schaefer Real Estate License #RB14041359 Listed on: 09/19/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Frame Construction

Interior Spaces

  • 1,882 Sq Ft Home
  • 2-Story Property
  • Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 220503500196000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 54300
  • Annual Tax: 1402
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Land Assessment: 9300
  • Legal Description: P. 142 S 40' L. 24
  • Parcel Number: 220503500196000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 63600
  • Total Finished Square Footage: 1882
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1882.00
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Lot Sq Ft: 4356.00
  • Room Count: 10
  • Sewer Type: Sewer
  • Total Sq Ft: 1882
  • Total Rooms: 8

Utilities

  • Cooling Type: Unknown
  • Fuel Type: Unknown
  • Heat Type: Unknown
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Dec 28, 2018
Sold by
Cunningham Investment Co Llc
Bought by
Langdon Richard A
Seller's Agent
Matt Schaefer
Schaefer Real Estate
Buyer's Agent
Ed Clere
Compass REALTORS, LLC
List Price
$65,000
Sold Price
$53,500
Premium/Discount to List
-$11,500
-17.69%
Total Days on Market
77
Current Estimated Value
$226,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,887
Avg. Annual Appreciation
23.94%

Purchase Details

Closed on
Sep 19, 2018
Sold by
Schuppert Wendy and Schuppert Timothy
Bought by
Cunningham Investments Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2007
Sold by
Hancock James B and The Estate Of Irma Fosskuhl
Bought by
Schuppert Timothy and Schuppert Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,550
Interest Rate
6.71%
Mortgage Type
New Conventional

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
Langdon Richard A -- None Available
Cunningham Investments Co Llc -- None Available
Schuppert Timothy -- Infinity Tittle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cunningham Investments Co Llc $46,500
Previous Owner Schuppert Timothy $58,925
Previous Owner Schuppert Timothy $62,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $53,500 -17.7% $28 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/06/2018 11/06/18 For Sale $65,000 0.0% $35 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/03/2018 10/03/18 Price Changed $65,000 -7.0% $35 / Sq Ft
09/19/2018 09/19/18 For Sale $69,900 -- $37 / 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 $1,485 $74,600 $9,300 $65,300
2023 $1,485 $76,200 $9,300 $66,900
2022 $1,520 $77,400 $9,300 $68,100
2021 $1,344 $71,100 $9,300 $61,800
2020 $1,286 $70,200 $9,300 $60,900
2019 $1,080 $64,200 $9,300 $54,900
2018 $1,380 $63,600 $9,300 $54,300
2017 $1,559 $63,500 $9,300 $54,200
2016 $1,606 $62,900 $9,300 $53,600
2014 $1,176 $58,800 $9,300 $49,500
2013 -- $54,100 $9,300 $44,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2018011815

Southern Indiana REALTORS® Association

APN: 22-05-03-500-196.000-008