NOT LISTED FOR SALE

507 E Oak St New Albany, IN 47150

Estimated Value: $170,000 - $199,084

2 Beds
1 Bath
1,370 Sq Ft
$136/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $155,000 $113 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,100/month

1 Day on Market

Highlights

  • Covered patio or porch
  • Fenced Yard
  • 1-Story Property
  • Formal Dining Room
  • Shed
  • Garden

About This Home

As of April 2021

Welcome home to this warm and inviting 2 bedroom bungalow. Approaching this charming home you will notice the unique stone wall adding to the character and historical feel this home offers. You are greeted with a large covered porch a wonderful feature to relax and enjoy the outside rain or shine. Please note the other great features offered, High ceilings, wood and new Laminate flooring, large Formal Dinning room that is now being used as additional entertainment area. The kitchen does offers the ability to accommodate a large dining table, allowing the formal dining room to have many options for use. The kitchen also offers a large pantry you are sure to love. The laundry room/ Mud room is in a great location right off the back door, is nice and roomy with flexibility for many uses. There is extra storage space in the cellar now being used to store seasonal items and more. The partially fenced in Backyard retreat is waiting to bloom this spring and summer. Outback included is a nice large storage building now being utilized as a workout room/gym. There is a convenient 2 car parking pad behind the shed. This special home is located within walking distance to S. Ellen School, Groceries, restaurants and all the new attractions the quaint down town New Albany has to offer and just minutes from down town Louisville. Please note the smaller shed in the back yard will not stay with home. Hurry make your appt today to view this wonderful home before it is gone. Sq ft & rm sz approx

Last Agent to Sell the Property

Cindy Penland

Schuler Bauer Real Estate Services ERA Powered (N License #RB14040468 Listed on: 03/03/2021

Schuler Bauer Real Estate Services ERA Powered  (N

Last Buyer's Agent

Janet Dale Himmelheber

Semonin REALTORS License #RB16000734

Semonin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $624

Year Built

  • Built in 1929

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Garden

Home Design

  • Frame Construction

Interior Spaces

  • 1,370 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Formal Dining Room
  • Utility Room
  • Basement
  • Basement Cellar

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220503500280000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$624

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 73600
  • Annual Tax: 624
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 10100
  • Legal Description: P 185 L.22 W 5' L 21
  • Lot Dimensions: see lot size
  • Out Buildings: Shed
  • Parcel Number: 220503500280000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 83700
  • Total Deduction Amnt: 52466
  • Total Finished Square Footage: 1370
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1370.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master, Blinds, Cable Wired, Ceiling Fan(s), Formal Dining Rm, Pantry, Utility/Mud Room
  • Lot Sq Ft: 5662.80
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1370
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Landscaped, Paved Driveway

Garage/Parking

  • Garage Type: Off Street

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1300
  • Lot Description: Garden Area
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 26, 2021
Sold by
Hall Kyle W and Hall Kara M
Bought by
Peack Anna
Seller's Agent
Cindy Penland
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Janet Dale Himmelheber
Semonin REALTORS
List Price
$148,500
Sold Price
$155,000
Premium/Discount to List
$6,500
4.38%
Current Estimated Value
$189,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,018
Avg. Annual Appreciation
4.88%
Original Mortgage
$147,250
Outstanding Balance
$134,855
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$55,402

Purchase Details

Listed on
Jan 9, 2012
Closed on
Jun 19, 2012
Sold by
New Directions Housing Corp
Bought by
Hall Kyle W
Seller's Agent
Tammy Hogan
Lopp Real Estate Brokers
Buyer's Agent
Cindy Penland
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$77,900
Sold Price
$67,900
Premium/Discount to List
-$10,000
-12.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$41,232
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2010
Sold by
First Savings Bank Fsb
Bought by
New Directions Housing Corp

Purchase Details

Closed on
Apr 28, 2010
Sold by
Talbert Management Inc
Bought by
First Savings Bank Fsb
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
Peack Anna -- None Available
Hall Kyle W -- None Available
New Directions Housing Corp -- None Available
First Savings Bank Fsb -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peack Anna $147,250
Closed Peak Anna $147,250
Previous Owner Hall Kyle W $39,125
Previous Owner Hall Kyle W $41,232
Previous Owner Hall Kyle $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $155,000 +4.4% $113 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $148,500 +118.7% $108 / Sq Ft
06/19/2012 06/19/12 Sold $67,900 -12.8% $50 / Sq Ft
02/24/2012 02/24/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $77,900 -- $57 / 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 $780 $86,900 $10,100 $76,800
2023 $780 $90,900 $10,100 $80,800
2022 $828 $92,500 $10,100 $82,400
2021 $780 $85,300 $10,100 $75,200
2020 $724 $83,600 $10,100 $73,500
2019 $624 $76,600 $10,100 $66,500
2018 $621 $76,100 $10,100 $66,000
2017 $466 $70,000 $10,100 $59,900
2016 $428 $69,300 $10,100 $59,200
2014 $376 $54,400 $10,000 $44,400
2013 -- $50,200 $10,100 $40,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202106130

Southern Indiana REALTORS® Association

APN: 22-05-03-500-280.000-008