$225,000
SOLD AUG 15, 2025

509 E Market St New Albany, IN 47150

2 Beds
1.5 Baths
1,510 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$149 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • Open Floorplan
  • Formal Dining Room
  • Thermal Windows
  • Covered Patio or Porch
  • Fenced Yard
  • Built-in Bookshelves

About This Home

As of August 2025

Charming Craftsman with Modern Updates. Conveniently located near everything you need, this beautifully updated 2-bedroom Craftsman-style home blends vintage character with modern comforts. From the moment you step inside, you'll appreciate the classic details like the original hardwood floors, the built-in bookcases and original trim, paired with thoughtful improvements. The spacious living room flows seamlessly into an equally generous dining area, perfect for entertaining. A cook's dream, the kitchen features sleek cabinetry, modern finishes, and Energy Star appliances. A convenient half bath on the main level also includes newer washer and dryer & plenty of room to add a shower if you please. The upper level features 2 nice size bedrooms and a full bathroom with a vintage claw foot tub. The fenced-in backyard offers privacy, security, and a safe space for pets to roam. A custom playhouse and a oversize shed to store lawn tools and even bikes so you can hop on the Greenaway which is a few short blocks away! Picture yourself relaxing on the inviting front porch, complete with cozy outdoor furniture your perfect spot for morning coffee or evening chats. New roof in 2020, cellar is dry and a great place for extra storage options. This home is truly move-in ready and full of charm from a bygone era, with all the updates todays buyers are looking for.

Last Agent to Sell the Property

Lisa Donohue

Green Tree Real Estate Services License #RB14050179 Listed on: 07/30/2025

Co-Listed By

Candice Ritchie

Green Tree Real Estate Services License #RB19000968

Last Buyer's Agent

Shelby Fryrear

Schuler Bauer Real Estate Services ERA Powered (N License #RB17002032

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1929

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 23x120
  • Fenced Yard

Home Design

  • Brick Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,510 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Formal Dining Room
  • Basement
  • Basement Cellar
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220500200656

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,474

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 113800
  • Additional Assessor Parcel Numbers: 0087890027
  • Annual Tax: 1474
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 9200
  • Legal Description: P 93 W 1/2 L 6 "A"
  • Lot Dimensions: 23x120
  • Open House Count: 1
  • Out Buildings: Shed
  • Parcel Number: 220500200656
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 123000
  • Total Deduction Amnt: 82650
  • Total Finished Square Footage: 1510
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1510.00
  • Appliances: Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Built-In Bookcase, Ceiling Fan(s), Formal Dining Rm, Open Floor Plan
  • Lot Sq Ft: 2613.60
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1510
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Thermopane Windows, Vinyl Siding

Utilities

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

Lot Info

  • Acres: 0.0600
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2011
Closed on
Apr 2, 2012
Sold by
Thomas Gus
Bought by
Prayse Dangler Bradley and Prayse Dangler
Seller's Agent
Tammy Hogan
Lopp Real Estate Brokers
Buyer's Agent
Lisa Donohue
Green Tree Real Estate Services
List Price
$87,900
Sold Price
$77,500
Premium/Discount to List
-$10,400
-11.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$55,335
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2010
Sold by
Manwani Shalimar C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 3, 2006
Sold by
Lally Kevin M and Lally Adella F
Bought by
Manwani Shalimar C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
6.2%
Mortgage Type
New Conventional
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 -- None Available
Sheriffs Deed $98,981 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 New Conventional
Closed $55,335 FHA
Previous Owner $84,500 New Conventional
Previous Owner $46,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Sold $225,000 +2.3% $149 / Sq Ft
07/31/2025 07/31/25 Pending -- -- --
07/30/2025 07/30/25 For Sale $219,900 +183.7% $146 / Sq Ft
04/02/2012 04/02/12 Sold $77,500 -11.8% $57 / Sq Ft
12/15/2011 12/15/11 Pending -- -- --
05/16/2011 05/16/11 For Sale $87,900 -- $64 / 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 $2,653 $140,400 $9,200 $131,200
2023 $2,653 $123,000 $9,200 $113,800
2022 $748 $124,500 $9,200 $115,300
2021 $574 $115,000 $9,200 $105,800
2020 $370 $104,200 $9,200 $95,000
2019 $205 $95,000 $9,200 $85,800
2018 $190 $93,900 $9,200 $84,700
2017 $196 $94,000 $9,200 $84,800
2016 $945 $93,100 $9,200 $83,900
2014 $846 $94,400 $9,200 $85,200
2013 -- $91,600 $9,200 $82,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202509878

Southern Indiana REALTORS® Association

APN: 22-05-00-200-656.000-008