NOT LISTED FOR SALE

502 Spring Hill Dr New Albany, IN 47150

Estimated Value: $368,276 - $429,000

4 Beds
3 Baths
1,966 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $230,000 $117 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,366/month

Highlights

  • Panoramic View
  • Main Floor Primary Bedroom
  • Corner Lot
  • 0.7 Acre Lot
  • 2 Fireplaces
  • Covered Patio or Porch

About This Home

As of August 2017

REAL ESTATE AUCTION Wednesday, June 28, 2017 at 7PM.In the hills above the city a 1 1/2 story cottage built circa 1929 with 1966 square feet features a truly enviable view, covered concrete porch that leads into a charming courtyard, unfinished basement with one-car garage on a .7 acre lot. This 1966 square foot 1 1/2 story 4 bedroom - 3 bath home features original woodwork throughout, archways, spacious living room with fireplace and 2 picture windows with a city view, formal dining room, eat in kitchen, 2 bedrooms, and full bath on the first floor. Second floor includes 2 bedrooms, full bath and attic storage. Extras include dimensional roof shingles, hardwood floors throughout much of the home, a kitchen nook perfect for a bistro table and fireplaces on the first floor and basement. REAL ESTATE TERMS 10% down day of auction, balance due in 40 days. Possession at closing. Selling as-is with no contingencies, all inspections welcomed prior to auction. Sq. footage of home and lot size per courthouse records.

Last Agent to Sell the Property

Douglas Harritt

Harritt Group, Inc License #RB14019478 Listed on: 06/07/2017

Last Buyer's Agent

Douglas Harritt

Harritt Group, Inc License #RB14019478 Listed on: 06/07/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1929

Lot Details

  • 0.7 Acre Lot
  • Landscaped
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Basement Garage
  • Rear-Facing Garage
  • Driveway

Property Views

  • River
  • Panoramic
  • City Lights
  • Hills

Home Design

  • Poured Concrete
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,966 Sq Ft Home
  • 1.5-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220500300828000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,048

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Improvements: 102400
  • Annual Tax: 3048
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 47300
  • Legal Description: P 169 L 1/ PRT L 3, 17 3-3-6
  • Numof Fireplaces: 2
  • Out Buildings: Garage
  • Parcel Number: 220500300828000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 149700
  • Total Finished Square Footage: 1966
  • Type: 1.5 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Full, Unfinished
  • Above Grade Finished Sq Ft: 1966.00
  • Appliances: Dishwasher, Disposal, Range / Oven
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Master, Eat-In Kitchen, Family Room, Formal Dining Rm, Sump Pump
  • Lot Sq Ft: 30492.00
  • Room Count: 10
  • Sewer Type: Sanitary Onsite, Sewer
  • Total Sq Ft: 1966
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Covered Porch, Landscaped, Patio, Paved Driveway, Wood

Garage/Parking

  • Garage Type: Basement, Rear Entry
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.7000
  • Lot Description: Corner Lot, City Lights View, Hill/Knobs View, Panoramic View, River View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2017
Closed on
Aug 30, 2017
Sold by
Endris
Bought by
Vonjr
Seller's Agent
Douglas Harritt
Harritt Group, Inc
Buyer's Agent
Douglas Harritt
Harritt Group, Inc
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$407,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,819
Avg. Annual Appreciation
7.20%

Purchase Details

Closed on
Mar 4, 2015
Sold by
Endris J Nathan
Bought by
Endris J Nathan and Endris Joseph Otto
Source: Public Records

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
Vonjr $230,000 --
Kannel Joel E Von $230,000 Lorch Naville Ward Llc
Endris J Nathan -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $230,000 0.0% $117 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $230,000 -13.5% $117 / Sq Ft
01/15/2014 01/15/14 Sold $266,000 +3.9% $131 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
07/29/2013 07/29/13 For Sale $256,000 -- $126 / 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 $2,447 $265,700 $45,000 $220,700
2023 $2,447 $230,000 $38,100 $191,900
2022 $2,482 $232,100 $38,100 $194,000
2021 $2,330 $216,500 $38,100 $178,400
2020 $2,334 $216,500 $38,100 $178,400
2019 $2,336 $216,500 $38,100 $178,400
2018 $2,328 $214,500 $38,100 $176,400
2017 $1,534 $141,700 $38,100 $103,600
2016 $5,502 $275,100 $38,100 $237,000
2014 $1,908 $190,800 $38,100 $152,700
2013 -- $198,400 $38,100 $160,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201707148

Southern Indiana REALTORS® Association

APN: 22-05-00-300-828.000-008