NOT LISTED FOR SALE

509 E Elm St New Albany, IN 47150

Estimated Value: $161,000 - $284,000

3 Beds
1.5 Baths
1,513 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $156,000 $103 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,204/month

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Eat-In Kitchen
  • Main Floor Primary Bedroom
  • First Floor Utility Room
  • Walk-In Closet

About This Home

As of June 2021

You are going to love this large open floor plan home! This home is in the heart of Downtown New Albany. There are 3 large bedrooms, a 1st floor laundry, a walk-in-closet in main bedroom, 1.5 bathrooms, and plenty of space to enjoy. The outside of this home includes a covered front porch, covered rear deck, and a shed for extra storage. Don't miss this opportunity for a beautiful home in downtown New Albany. sq ft is approximate if critical buyers should verify

Last Agent to Sell the Property

Stephannie Wilson

NextHome Wilson Real Estate License #RB14039714 Listed on: 03/02/2021

Last Buyer's Agent

Jennifer Burns

NextHome Wilson Real Estate License #RB20000749

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $420

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Frame Construction

Interior Spaces

  • 1,513 Sq Ft Home
  • 1.5-Story Property
  • First Floor Utility Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220503500173000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$420

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Annual Tax: 420
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Crawl Space
  • Legal Description: P 93 33 X 160' "A" PARC 16 UP ELM
  • Out Buildings: Shed
  • Parcel Number: 220503500173000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1513
  • Type: 1.5 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1513.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Eat-In Kitchen, Pantry, Walk-In Closet(s)
  • Lot Sq Ft: 5227.20
  • Sewer Type: Sewer
  • Total Sq Ft: 1513

Exterior Features

  • Exterior Features: Covered Patio, Covered Porch, Deck, Enclosed Porch, Porch, Public Sidewalk

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
Mar 2, 2021
Closed on
Jun 11, 2021
Sold by
Spencer Brandon
Bought by
Vicente Martin and Dorman Shelbe
Seller's Agent
Stephannie Wilson
NextHome Wilson Real Estate
Buyer's Agent
Jennifer Burns
NextHome Wilson Real Estate
List Price
$170,000
Sold Price
$156,000
Premium/Discount to List
-$14,000
-8.24%
Current Estimated Value
$215,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,678
Avg. Annual Appreciation
7.57%
Original Mortgage
$153,174
Outstanding Balance
$138,680
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$76,998

Purchase Details

Closed on
Sep 7, 2012
Sold by
Bohn Monica
Bought by
Settle Garry and Settle Kellee

Purchase Details

Closed on
Dec 10, 2008
Sold by
Century Lending Co
Bought by
Bohn Matt

Purchase Details

Closed on
Oct 21, 2008
Sold by
Birdsong Betsy
Bought by
Citimortgage Inc
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
Vicente Martin -- Signature Title
Settle Garry -- Executive Title Company
Bohn Matt -- None Available
Citimortgage Inc $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vicente Martin $153,174
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2021 06/11/21 Sold $156,000 -2.5% $103 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $159,999 -5.9% $106 / Sq Ft
03/19/2021 03/19/21 For Sale $170,000 0.0% $112 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $170,000 +153.7% $112 / Sq Ft
10/02/2013 10/02/13 Sold $67,000 -10.5% $44 / Sq Ft View Prior Sale
08/09/2013 08/09/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $74,900 -- $50 / 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 $821 $97,600 $9,200 $88,400
2023 $1,292 $127,300 $9,200 $118,100
2022 $1,366 $129,600 $9,200 $120,400
2021 $1,270 $71,300 $9,200 $62,100
2020 $476 $69,900 $9,200 $60,700
2019 $420 $63,800 $9,200 $54,600
2018 $413 $63,200 $9,200 $54,000
2017 $422 $63,400 $9,200 $54,200
2016 $388 $62,800 $9,200 $53,600
2014 $564 $57,500 $9,200 $48,300
2013 -- $39,800 $9,200 $30,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202106092

Southern Indiana REALTORS® Association

APN: 22-05-03-500-173.000-008