$67,000
SOLD OCT 2, 2013

509 E Elm St New Albany, IN 47150

3 Beds
1.5 Baths
1,513 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

11% Below List Price

57 Days on Market

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

This home is at an unbelievably low price with tons of concessions. Additionally, the seller will pay the buyer's closing costs up to 3% of the purchase price. On top of that, the seller has purchased a complete new kitchen appliance package for the buyer including range, microwave, refrigerator, and dishwasher. This completely renovated home is in like-new condition and includes a covered front porch, covered rear deck, rear off-street parking, new flooring, new paint, new light fixtures, new kitchen cabinets and countertops, a new hvac system, all new electric, a new roof, and more. There are 3 large bedrooms, 1st floor laundry, a walk-in closet, 1.50 baths, and plenty of space to enjoy. The amenities and concessions at this price are truly unheard off. Don't miss this rare opportunity to purchase a home at this price with so many great options.

Last Agent to Sell the Property

Gene Baxter

Schuler Bauer Real Estate Services ERA Powered (N License #RB14021497 Listed on: 06/13/2013

Schuler Bauer Real Estate Services ERA Powered  (N

Co-Listed By

Teresa Baxter

Schuler Bauer Real Estate Services ERA Powered (N License #RB14051574

Last Buyer's Agent

Grant Howard

Keller Williams Realty Consultants License #RB14049280

Keller Williams Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $833

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 33 x 160

Parking

  • Off-Street Parking

Home Design

  • Frame Construction

Interior Spaces

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

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Enclosed patio or porch

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

$833

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 32400
  • Additional Parking: Off Street
  • Annual Tax: 833
  • Appointment: Not Needed
  • Construction: Frame On-Site
  • Land Assessment: 9200
  • Legal Description: Plat 93; 33 X 160 A Parc 16 Up Elm. 509 E. Elm Street.
  • Lot Dimensions: 33 X 160
  • Numof Fireplaces: 0
  • Parcel Number: 220503500173000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 41600
  • Total Finished Square Footage: 1513
  • Type: 1.5 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • 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, Split Bedrooms, Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 5227.00
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1513
  • Total Rooms: 5

Exterior Features

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

Garage/Parking

  • Garage Spaces: 0

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
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Jennifer Burns
eXp Realty, LLC
List Price
$170,000
Sold Price
$156,000
Premium/Discount to List
-$14,000
-8.24%
Current Estimated Value
$199,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,535
Avg. Annual Appreciation
7.35%
Original Mortgage
$153,174
Outstanding Balance
$140,181
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$69,231

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
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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 Type Sale Price Title Company
Warranty Deed -- Signature Title
Warranty Deed -- Executive Title Company
Warranty Deed -- None Available
Sheriffs Deed $40,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,174 FHA
Closed $5,460 New Conventional
Previous Owner $65,786 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 $1,292 $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: 201304386

Southern Indiana REALTORS® Association

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