NOT LISTED FOR SALE

511 E Elm St New Albany, IN 47150

Estimated Value: $204,325 - $260,000

3 Beds
2 Baths
1,672 Sq Ft
$135/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $135,000 $81 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,342/month

54 Days on Market

Highlights

  • Sauna
  • Deck
  • Hydromassage or Jetted Bathtub
  • City Lights View
  • Wooded Lot
  • First Floor Utility Room

About This Home

As of February 2020

Downtown Gem! 3 bedrooms, 2 full baths and one with a sauna! This home has been totally updated within the past 5 years. All appliances to stay. Newer shed and playhouse are in your fully fenced back yard. Large deck to enjoy meals outside. Downtown living and convenience complete this package. Across from the Breakwater. Call now for your private showing.

Last Listed By

Moira Bertram

Semonin REALTORS License #RB14046519 Listed on: 11/06/2019

Semonin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $507

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 120
  • Fenced Yard
  • Wooded Lot

Parking

  • On-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Blinds
  • First Floor Utility Room
  • Storage
  • Sauna
  • City Lights Views
  • Basement
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Garden Bath
  • Ceramic Tile in Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 220503500180000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$507

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 66900
  • Additional Parking: On Street
  • Annual Tax: 507
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Brick (Solid)
  • Home Warranty Provided: HMS
  • Land Assessment: 9800
  • Legal Description: P 93 PRT L.-B PARC.21-B / PARC.22 L.46 40 X 120'
  • Lot Dimensions: 40 x 120
  • Numof Fireplaces: 1
  • Open House Count: 6
  • Out Buildings: Shed
  • Parcel Number: 220503500180000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 76700
  • Total Deduction Amnt: 55850
  • Total Finished Square Footage: 1672
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1672.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Decorative
  • Interior Amenities: 1st Floor Utility, Added Storage, Blinds, Breakfast Bar, Cable Wired, Ceiling Fan(s), Ceramic Bath, Eat-In Kitchen, Garden Tub, Jetted Tub, Pantry, Sauna/Steam Room
  • Lot Sq Ft: 4791.60
  • Room Count: 9
  • Sewer Type: Sewer
  • Total Sq Ft: 1672
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Deck, Fenced Yard
  • Home Warranty: Yes

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: 0.1100
  • Lot Description: City Lights View, Wooded Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2024
Sold by
Duke Nathan Michael
Bought by
Duke Nathan Michael and Lyvers Natalie L
Total Days on Market
54
Current Estimated Value
$226,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,430
Outstanding Balance
$198,212
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$24,244

Purchase Details

Listed on
Nov 6, 2019
Closed on
Feb 26, 2020
Sold by
Henley Remodeling Llc
Bought by
Duke Nathan Michael
Seller's Agent
Moira Bertram
Semonin REALTORS
Buyer's Agent
Jeremy Ward
Ward Realty Services
List Price
$149,000
Sold Price
$135,000
Premium/Discount to List
-$14,000
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$123,626
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 24, 2014
Closed on
Mar 13, 2014
Sold by
Us Bank Na
Bought by
Henley Remodeling Llc
Seller's Agent
Kyle Wohrle
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Stacie Thompson
RE/MAX Advantage
List Price
$15,000
Sold Price
$15,115
Premium/Discount to List
$115
0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.66%

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 Buyer Sale Price Title Company
Duke Nathan Michael -- None Listed On Document
Duke Nathan Michael -- None Available
Henley Remodeling Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duke Nathan Michael $199,430
Previous Owner Duke Nathan Michael $128,200
Previous Owner Duke Nathan Michael $123,626
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $135,000 -0.7% $81 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
12/18/2019 12/18/19 Price Changed $136,000 -2.2% $81 / Sq Ft
11/19/2019 11/19/19 Price Changed $139,000 -6.7% $83 / Sq Ft
11/06/2019 11/06/19 For Sale $149,000 +885.8% $89 / Sq Ft
03/25/2014 03/25/14 Sold $15,115 +0.8% $9 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $15,000 -- $9 / 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 $992 $106,700 $9,800 $96,900
2023 $992 $108,900 $9,800 $99,100
2022 $1,165 $110,800 $9,800 $101,000
2021 $1,015 $102,600 $9,800 $92,800
2020 $944 $100,500 $9,800 $90,700
2019 $522 $76,700 $9,800 $66,900
2018 $507 $76,000 $9,800 $66,200
2017 $515 $75,900 $9,800 $66,100
2016 $466 $75,200 $9,800 $65,400
2014 $1,222 $61,100 $9,800 $51,300
2013 -- $56,200 $9,800 $46,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2019011962

Southern Indiana REALTORS® Association

APN: 22-05-03-500-180.000-008