$263,000
SOLD OCT 14, 2022

506 Drawbrook Cir New Albany, IN 47150

3 Beds
2 Baths
2,039 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$129 Per Sq Ft

12% Above List Price

3 Days on Market

Highlights

  • Corner Lot
  • 2 Car Garage
  • Eat-In Kitchen
  • Fenced Yard
  • Enclosed patio or porch
  • Entrance Foyer

About This Home

As of October 2022

WELCOME to 506 Drawbrook Circle! Looking for a move-in ready Ranch in Floyd County with a partially finished basement under $250K?! Very great find on this New Albany home. It has been well maintained and is conveniently located - just minutes from downtown New Albany AND 265. It offers 3 Bedrooms, 2 Full bathrooms and a 2-car garage. There are several great interior features on the main level, including a beautiful dining room as you enter through the foyer, an oversized laundry room, an eat-in kitchen that opens to a WONDERFUL living room AND a recently renovated bathroom for the primary bedroom! The basement includes a large Family Room which could be used for an office, a workout area, additional entertainment space, etc. There is also great storage space in the unfinished area of the basement. The exterior offers some great amenities as well. You'll love the spacious corner lot and lots of landscaping. On the back side there is a small fenced in patio great for lounging AND a large greenspace area as well. This one is primed and ready for its new owner!
Schedule your showing today or give us a call with questions!

Last Agent to Sell the Property

Geoffrey Novak

License #RB19002147 Listed on: 09/09/2022

Last Buyer's Agent

Matt Emig

United Real Estate Louisville License #RB22000472

United Real Estate Louisville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 1976

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Poured Concrete

Interior Spaces

  • 2,039 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Sump Pump
  • Crawl Space

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Ramp on the main level
  • Enclosed patio or porch

Listing and Financial Details

  • Assessor Parcel Number 220502600429000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,264

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Improvements: 94600
  • Annual Tax: 1264
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Poured Concrete
  • Land Assessment: 26700
  • Legal Description: P 834 L 9
  • Out Buildings: Garage
  • Parcel Number: 220502600429000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 121300
  • Total Deduction Amnt: 74705
  • Total Finished Square Footage: 2039
  • Type: 1 Story
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space, Partially Finished
  • Above Grade Finished Sq Ft: 1731.00
  • Appliances: Dishwasher, Freezer, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Floor Plan: 1 Story
  • Interior Amenities: 1st Floor Master, Bath Master, Blinds, Ceiling Fan(s), Eat-In Kitchen, Family Room, Foyer, Sump Pump
  • Lot Sq Ft: 8276.40
  • Room Count: 10
  • Sewer Type: Sewer
  • Total Sq Ft: 2039
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Enclosed Patio, Fenced Yard, Landscaped, Patio, Paved Driveway, Porch, Ramp

Garage/Parking

  • Garage Type: Attached, Side Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Heat Pump
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1900
  • Lot Description: Corner Lot
  • Tillable Acreage: .19
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 14, 2022
Sold by
Werncke Daniel E and Werncke Chelsea
Bought by
Karmann Elliot
Seller's Agent
Geoffrey Novak
Buyer's Agent
Matt Emig
United Real Estate Louisville
List Price
$234,900
Sold Price
$263,000
Premium/Discount to List
$28,100
11.96%
Views
45
Current Estimated Value
$278,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,677
Avg. Annual Appreciation
1.67%
Original Mortgage
$183,000
Outstanding Balance
$177,140
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$98,436

Purchase Details

Listed on
Jan 22, 2016
Closed on
Mar 31, 2016
Sold by
Sorensen Lori
Bought by
Werncke Daniel E and Koebel Chelsea
Seller's Agent
Terri Jordan
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Billy Spear
Keller Williams Realty Consultants
List Price
$152,900
Sold Price
$145,000
Premium/Discount to List
-$7,900
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$123,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2010
Sold by
Sorensen Barbara L
Bought by
Brogdon Lori and Sorensen Lori

Purchase Details

Closed on
May 18, 2007
Sold by
Kulmac Bruce H and Kulmac Debra B
Bought by
Brogdon Mark and Brogdon Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,900
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- Kemp Title Agency Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $153,900 Marc Yussman&Associates Pllc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,000 New Conventional
Previous Owner $123,250 New Conventional
Previous Owner $50,000 New Conventional
Previous Owner $20,000 New Conventional
Previous Owner $60,000 New Conventional
Previous Owner $61,000 New Conventional
Previous Owner $118,900 New Conventional
Previous Owner $139,500 New Conventional
Previous Owner $15,500 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $263,000 +12.0% $129 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $234,900 +62.0% $115 / Sq Ft
03/31/2016 03/31/16 Sold $145,000 -5.2% $71 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $152,900 -- $75 / 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 $1,196 $119,300 $26,700 $92,600
2023 $1,196 $121,400 $26,700 $94,700
2022 $1,289 $122,500 $26,700 $95,800
2021 $1,263 $121,300 $26,700 $94,600
2020 $1,220 $121,300 $26,700 $94,600
2019 $1,180 $121,300 $26,700 $94,600
2018 $1,155 $120,300 $26,700 $93,600
2017 $1,282 $126,600 $26,700 $99,900
2016 $1,215 $128,300 $26,700 $101,600
2014 $1,293 $129,300 $26,700 $102,600
2013 -- $125,900 $26,700 $99,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2022011863

Southern Indiana REALTORS® Association

APN: 22-05-02-600-429.000-008