NOT LISTED FOR SALE

5001 E McCarthy Knob Rd New Albany, IN 47150

Franklin Neighborhood

Estimated Value: $218,000 - $262,215

4 Beds
2 Baths
2,960 Sq Ft
$83/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $135,000 $46 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,525/month

3 Days on Market

Highlights

  • Scenic Views
  • Secluded Lot
  • Pole Barn
  • 10 Acre Lot
  • Creek On Lot
  • Hydromassage or Jetted Bathtub

About This Home

As of October 2020

This berm style home is nestled in the middle of 10 ACRES with total SECLUSION and a CREEK at the rear. 36X60 POLE BARN plenty large to accommodate your vehicles or boat/RV, and still have storage and workspace, (2) slider doors, 16’ & 12’. The home is accented with a vinyl/stone exterior and offers a large covered back porch and lower level patio. A little TLC is needed but seller is offering a $3500 CARPETING ALLOWANCE with a full price offer! The main floor features a large eat-in kitchen with lots of cabinetry and breakfast bar (stove and dishwasher stay). The main floor living area offers a WOOD-BURNING FIREPLACE equipped with wood storage boxes. You’ll also find a full sized laundry room with mud sink and a full bath (standing shower only, no tub) on this floor. The upper level is where you will find all 3 BR ‘s with a full bath and JETTED TUB. The additional room upstairs has hardwood flooring and can serve as a POSSIBLE 4th bedroom with fireplace (defective) or another living/family room space. Propane tank is owned. The bottom rear of property is on the flood plain (not the home as its high on hill), but seller does not currently pay flood insurance. Sq ft & rm sz approx.

Last Listed By

Andrea Hall

License #RB14033649 Listed on: 09/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,485

Year Built

  • Built in 1960

Lot Details

  • 10 Acre Lot
  • Secluded Lot

Parking

  • 4 Car Garage

Property Views

  • Scenic Vista
  • Hills
  • Park or Greenbelt

Home Design

  • Earth Berm
  • Block Foundation
  • Frame Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • First Floor Utility Room
  • Utility Room
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Creek On Lot
  • Patio
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 220101300005000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,485

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Improvements: 141000
  • Additional Assessor Parcel Numbers: 3 parcels but all have same #
  • Annual Tax: 1485
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 47500
  • Legal Description: S 1/2 SW 1/4 18-3-6 .40 AC/S 1/4 SE #0060-033 1/4 13-3-5 8.0AC /E 1/2 NE 1/4 24-3-5 1.6 AC #0090-007
  • Lot Dimensions: see lot size
  • Numof Fireplaces: 2
  • Out Buildings: Pole Barn
  • Parcel Number: 220101300005000001
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 188500
  • Total Deduction Amnt: 74950
  • Total Finished Square Footage: 2960
  • Type: 2 Story, Berm
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Finished
  • Above Grade Finished Sq Ft: 1480.00
  • Appliances: Dishwasher, Range / Oven
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Utility, Breakfast Bar, Eat-In Kitchen, Family Room, Jetted Tub, Utility/Mud Room
  • Lot Sq Ft: 435600.00
  • Room Count: 9
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2960
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Patio, Stone, Vinyl Siding

Garage/Parking

  • Garage Type: Pole Barn
  • Garage Spaces: 4
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 10.0000
  • Lot Description: Creek, Hill/Knobs View, Park-Like View, Scenic View, Secluded Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 2, 2020
Sold by
Schweitzer Chad Lee and Kasse Cara R
Bought by
Elgin Kathleen Mary Feger
Seller's Agent
Andrea Hall
Buyer's Agent
Patty Rojan
List Price
$164,900
Sold Price
$135,000
Premium/Discount to List
-$29,900
-18.13%
Total Days on Market
3
Current Estimated Value
$246,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,304
Avg. Annual Appreciation
10.94%

Purchase Details

Closed on
Apr 3, 2008
Sold by
Beneficial Indiana
Bought by
Schweitzer Chad Lee and Schweitzer Cara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2007
Sold by
Troutman Michael R
Bought by
Beneficial Indiana Inc

Range of Values:

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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
Elgin Kathleen Mary Feger -- None Available
Schweitzer Chad Lee -- None Available
Beneficial Indiana Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schweitzer Chad Lee $38,000
Previous Owner Schweitzer Chad Lee $93,870
Previous Owner Schweitzer Chad Lee $94,200
Previous Owner Schweitzer Chad Lee $136,000
Previous Owner Troutman Michael R $140,491
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $135,000 -18.1% $46 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $164,900 -- $56 / 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 $1,831 $249,400 $53,000 $196,400
2023 $1,831 $216,700 $47,500 $169,200
2022 $1,719 $199,900 $47,500 $152,400
2021 $1,538 $183,700 $47,500 $136,200
2020 $1,438 $178,000 $47,500 $130,500
2019 $1,485 $188,500 $47,500 $141,000
2018 $1,370 $177,600 $46,800 $130,800
2017 $1,477 $177,400 $47,500 $129,900
2016 $1,033 $159,000 $47,500 $111,500
2014 $778 $115,700 $44,900 $70,800
2013 -- $113,300 $44,900 $68,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andrea Hall

  • Patty Rojan

    Buyer's Agent in 2020

    Patty Rojan

    (812) 736-6820

    2 in this area

    186 Total Sales

    Patty Rojan
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2020010531

Southern Indiana REALTORS® Association

APN: 22-01-01-300-005.000-001

Indiana Floyd County New Albany 47136 Franklin

5001 E McCarthy Knob Rd, New Albany, IN

Homes for Sale in New Albany, IN

This home is located at 5001 E McCarthy Knob Rd, New Albany, IN 47150 since 09 September 2020 and is currently estimated at $246,304, approximately $83 per square foot. This property was built in 1960. 5001 E McCarthy Knob Rd is a home located in Floyd County with nearby schools including S. Ellen Jones Elementary School, Nathaniel Scribner Middle School, and New Albany Senior High School.

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.

Southern Indiana REALTORS® Association 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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