NOT LISTED FOR SALE

507 E Elm St New Albany, IN 47150

Estimated Value: $212,000 - $246,000

3 Beds
2 Baths
1,555 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $169,900 $109 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,381/month

Highlights

  • Open Floorplan
  • Covered Patio or Porch
  • Thermal Windows
  • Cathedral Ceiling
  • First Floor Utility Room
  • Eat-In Kitchen

About This Home

As of August 2020

STOP THE CAR!! This totally remodeled cottage home in the heart of downtown New Albany offers a stunning open floor plan and it features 3 bedrooms 2 full bathrooms and a large yard! A adorable front porch where you can enjoy your morning coffee! This one wont last long! Call to set up a showing today! sq fti is approximate if critical buyers should verify.

Last Agent to Sell the Property

Stephannie Wilson

NextHome Wilson Real Estate License #RB14039714 Listed on: 07/06/2020

Last Buyer's Agent

April Smith

RE/MAX FIRST License #RB16000649

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $300

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot
  • Landscaped

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,555 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • First Floor Utility Room
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220503500171000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$300

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Annual Tax: 300
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Legal Description: P 93 PRT L A 33' X 160'
  • Parcel Number: 220503500171000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1555
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1555.00
  • Appliances: Dishwasher, Range / Oven
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Breakfast Bar, Cable Wired, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Eat-In Kitchen, Kitchen Island, Open Floor Plan
  • Lot Sq Ft: 5227.20
  • Sewer Type: Sewer
  • Total Sq Ft: 1555

Exterior Features

  • Exterior Features: Covered Porch, Landscaped, Public Sidewalk, Thermopane Windows

Utilities

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

Lot Info

  • Acres: 0.1200
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 10, 2020
Sold by
Lsw Properties Llc
Bought by
Harbison Nathan and Harbison Morgan
Seller's Agent
Stephannie Wilson
NextHome Wilson Real Estate
Buyer's Agent
April Smith
RE/MAX FIRST
List Price
$169,000
Sold Price
$169,900
Premium/Discount to List
$900
0.53%
Current Estimated Value
$229,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,965
Avg. Annual Appreciation
5.96%
Original Mortgage
$135,920
Outstanding Balance
$120,571
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$109,294

Purchase Details

Closed on
Sep 30, 2019
Sold by
Mcmahan Contracting & Dev Inc
Bought by
Lsw Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,225
Interest Rate
3.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 27, 2019
Sold by
Embry Lindsay
Bought by
Mcmahan Contracting & Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,225
Interest Rate
3.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 6, 2009
Sold by
Johnston Linda
Bought by
Embry Lindsey

Purchase Details

Closed on
Oct 15, 2007
Sold by
Household Finance Corp Iii
Bought by
Johnston Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,610
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2007
Sold by
Mcclain Michael H and Mcclain Carol A
Bought by
Household Finance Corp Iii
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
Harbison Nathan -- None Available
Lsw Properties Llc -- None Available
Mcmahan Contracting & Dev Inc -- None Available
Embry Lindsey -- None Available
Johnston Linda K -- None Available
Household Finance Corp Iii $33,757 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harbison Nathan $135,920
Previous Owner Lsw Properties Llc $95,225
Previous Owner Johnston Linda K $29,610
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2020 08/10/20 Sold $169,900 +0.5% $109 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $169,000 -- $109 / 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 $2,117 $99,700 $9,200 $90,500
2023 $2,877 $134,600 $9,200 $125,400
2022 $2,930 $137,000 $9,200 $127,800
2021 $2,712 $125,800 $9,200 $116,600
2020 $918 $42,400 $9,200 $33,200
2019 $271 $39,200 $9,200 $30,000
2018 $346 $38,800 $9,200 $29,600
2017 $3,783 $38,900 $9,200 $29,700
2016 $1,345 $38,600 $9,200 $29,400
2014 $2,153 $46,700 $9,200 $37,500
2013 -- $43,100 $9,200 $33,900
Source: Public Records

Agents Affiliated with this Home

  • Stephannie Wilson

    Seller's Agent in 2020

    Stephannie Wilson

    NextHome Wilson Real Estate

    (502) 643-3062

    156 in this area

    870 Total Sales

    Stephannie Wilson
    Section Image
  • April Smith

    Buyer's Agent in 2020

    April Smith

    RE/MAX

    (812) 406-5526

    9 in this area

    50 Total Sales

    April Smith
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202008990

Southern Indiana REALTORS® Association

APN: 22-05-03-500-171.000-008

Indiana Floyd County New Albany 47150

507 E Elm St, New Albany, IN

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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