NOT LISTED FOR SALE

505 E Market St New Albany, IN 47150

Estimated Value: $188,000 - $220,000

2 Beds
1 Bath
1,066 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $145,950 $137 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,222/month

Highlights

  • Corner Lot
  • Formal Dining Room
  • Built-in Bookshelves
  • Covered Patio or Porch
  • Fenced Yard
  • Shed

About This Home

As of July 2019

Would you like to be in the heart of the downtown New Albany vibe? Then this is the house for you. This 1929 bungalow is located in the historic district 2 blocks from all the best downtown New Albany has to offer. The front porch is a great place to people watch. Original hardwood floors in the main living area, built in bookcases flank the fireplace in the spacious living room. There is original hardwood under the kitchen and second bedroom floors. The bathroom has been completely remodeled in 2019 and has new laminate kitchen flooring, Nook off the kitchen is perfect for an office area, full unfinished basement with high ceilings, fenced backyard includes shed with electric and has off street parking.

Last Agent to Sell the Property

Karen Wilson

Ward Realty Services License #RB14039017 Listed on: 06/28/2019

Last Buyer's Agent

Angela Speth

RE/MAX FIRST License #RB19000559

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $758

Year Built

  • Built in 1929

Lot Details

  • 3,119 Sq Ft Lot
  • Lot Dimensions are 39x80
  • Fenced Yard
  • Landscaped
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,066 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Formal Dining Room

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220500200600000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$758

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 87900
  • Annual Tax: 758
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 11300
  • Legal Description: P 93: E 39' S 80' of L 5 A
  • Lot Dimensions: 39x80
  • Numof Fireplaces: 1
  • Out Buildings: Shed
  • Parcel Number: 220500200600000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 99200
  • Total Deduction Amnt: 66410
  • Total Finished Square Footage: 1066
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Crawl Space, Full, Unfinished
  • Above Grade Finished Sq Ft: 1066.00
  • Appliances: Microwave, Range / Oven
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Woodburning
  • Interior Amenities: Blinds, Built-In Bookcase, Ceiling Fan(s), Formal Dining Rm, Sump Pump
  • Lot Sq Ft: 3118.90
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 1066
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Landscaped, Patio, Public Sidewalk

Garage/Parking

  • Garage Type: Off Street

Utilities

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

Lot Info

  • Acres: 0.0716
  • Lot Description: Corner Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Jul 29, 2019
Sold by
Wilson Estep Rachel M
Bought by
Sharabianlou Mariam
Seller's Agent
Karen Wilson
Ward Realty Services
Buyer's Agent
Angela Speth
RE/MAX FIRST
List Price
$134,500
Sold Price
$145,950
Premium/Discount to List
$11,450
8.51%
Current Estimated Value
$209,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,523
Avg. Annual Appreciation
4.31%
Original Mortgage
$128,700
Outstanding Balance
$113,996
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$75,382

Purchase Details

Listed on
Mar 20, 2015
Closed on
Apr 28, 2015
Sold by
Quinn Tiffany D Lampert and Quinn Justin R
Bought by
Wilson Rachel M
Seller's Agent
Chris Creagh
RE/MAX FIRST
Buyer's Agent
Karen Wilson
Ward Realty Services
List Price
$89,900
Sold Price
$94,000
Premium/Discount to List
$4,100
4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$91,180
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2011
Sold by
Missi Monica R and Missi Matthew M
Bought by
Lampert Quinn Tiffany D and Quinn Justin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2009
Sold by
Missi Monica R and Lally Monica R
Bought by
Missi Monica R and Missi Matthew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,800
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2005
Sold by
Lally Kevin M and Lally Adella F
Bought by
Lally Monica R and Lally Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.79%
Mortgage Type
Assumption
Source: Public Records

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
Sharabianlou Mariam -- None Available
Wilson Rachel M -- --
Lampert Quinn Tiffany D -- None Available
Missi Monica R -- None Available
Lally Monica R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharabianlou Mariam $128,700
Previous Owner Wilson Rachel M $91,180
Previous Owner Lampert Quinn Tiffany D $75,600
Previous Owner Missi Monica R $63,800
Previous Owner Lally Monica R $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $145,950 +8.5% $137 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $134,500 +43.1% $126 / Sq Ft
04/28/2015 04/28/15 Sold $94,000 +4.6% $88 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $89,900 -- $84 / 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 $1,348 $147,200 $11,300 $135,900
2023 $1,348 $129,100 $11,300 $117,800
2022 $1,355 $130,500 $11,300 $119,200
2021 $1,263 $121,000 $11,300 $109,700
2020 $1,039 $109,700 $11,300 $98,400
2019 $845 $100,100 $11,300 $88,800
2018 $828 $99,200 $11,300 $87,900
2017 $832 $98,500 $11,300 $87,200
2016 $759 $97,600 $11,300 $86,300
2014 $522 $79,200 $12,000 $67,200
2013 -- $77,100 $12,000 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201908876

Southern Indiana REALTORS® Association

APN: 22-05-00-200-600.000-008