NOT LISTED FOR SALE

506 Mills Ln New Albany, IN 47150

Estimated Value: $231,000 - $255,000

2 Beds
2 Baths
1,312 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $145,000 $111 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,399/month

Highlights

  • 0.47 Acre Lot
  • 1 Car Attached Garage
  • 1-Story Property
  • Porch
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

This beautiful 2 bedroom, 2 full bathroom house has been completely updated. The master suite has a ton of space including a huge walk in closet and amazing bathroom. There is also an office space that can be used as a third bedroom if needed. Sitting on almost a half an acre the home will give you a country feel close to the city. You have to see this house to truly appreciate it.

Last Agent to Sell the Property

Brian Waters

Mentor Listing Realty, Inc. License #RB14030191 Listed on: 09/08/2019

Last Buyer's Agent

Alyson Turner

RE/MAX FIRST License #RB17001826

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $749

Year Built

  • Built in 1984

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 104x275x81x276

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502200018000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$749

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Improvements: 96500
  • Annual Tax: 749
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Concrete Block
  • Land Assessment: 34300
  • Legal Description: SW 1/4 22-2-6 .469 AC
  • Lot Dimensions: 104x275x81x276
  • Parcel Number: 220502200018000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 130800
  • Total Deduction Amnt: 77855
  • Total Finished Square Footage: 1312
  • Type: 1 Story
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1312.00
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master
  • Lot Sq Ft: 20473.20
  • Sewer Type: Sewer
  • Total Sq Ft: 1312

Exterior Features

  • Exterior Features: Patio, Porch

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.4700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2019
Closed on
Oct 18, 2019
Sold by
Streips Adams Krisjans
Bought by
Mcgiveney Tim P
Seller's Agent
Brian Waters
Mentor Listing Realty, Inc.
Buyer's Agent
Alyson Turner
RE/MAX FIRST
List Price
$154,999
Sold Price
$145,000
Premium/Discount to List
-$9,999
-6.45%
Current Estimated Value
$244,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,592
Avg. Annual Appreciation
9.17%
Original Mortgage
$116,000
Outstanding Balance
$102,034
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$142,558

Purchase Details

Closed on
May 7, 2018
Sold by
Wells Fargo Bank
Bought by
Streips Adams Krisjans

Purchase Details

Closed on
Jan 18, 2018
Sold by
Floyd County Sheriff
Bought by
Wells Fargo Bank
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
Mcgiveney Tim P -- None Available
Streips Adams Krisjans -- None Available
Wells Fargo Bank $85,174 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgiveney Tim P $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $145,000 -6.5% $111 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
09/08/2019 09/08/19 For Sale $154,999 -- $118 / 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 $1,219 $191,200 $34,300 $156,900
2023 $1,219 $178,300 $34,300 $144,000
2022 $1,019 $154,000 $34,300 $119,700
2021 $843 $136,100 $34,300 $101,800
2020 $854 $136,100 $34,300 $101,800
2019 $829 $136,300 $34,300 $102,000
2018 $749 $130,800 $34,300 $96,500
2017 $829 $131,000 $34,300 $96,700
2016 $758 $130,000 $34,300 $95,700
2014 $686 $113,500 $34,300 $79,200
2013 -- $117,700 $34,300 $83,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brian Waters

    Mentor Listing Realty, Inc.

    (866) 269-1006

    9 in this area

    486 Total Sales

    Brian Waters
    Section Image

  • A

    Buyer's Agent in 2019

    Alyson Turner

    RE/MAX

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2019010602

Southern Indiana REALTORS® Association

APN: 22-05-02-200-018.000-007

Indiana Floyd County New Albany 47150

506 Mills Ln, New Albany, IN

This home is located at 506 Mills Ln, New Albany, IN 47150 since 08 September 2019 and is currently estimated at $244,592, approximately $186 per square foot. This property was built in 1984. 506 Mills Ln is a home located in Floyd County with nearby schools including Hazelwood Middle School, New Albany Senior High School, and Community Montessori.

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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