$318,500
SOLD MAR 3, 2025

516 E 5th St New Albany, IN 47150

3 Beds
2.5 Baths
1,824 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$175 Per Sq Ft

1% Below List Price

20 Days on Market

Highlights

  • Covered Patio or Porch
  • Fenced Yard
  • Walk-In Closet
  • Formal Dining Room
  • Built-in Bookshelves
  • Landscaped

About This Home

As of March 2025

BE THE FIRST TO SEE THIS STUNNING NEW ALBANY CLASSIC - Located just minutes from the heart of New Albany, this 3 bedroom, 2.5 bath gorgeous home features 1824 finished square feet of newly refinished handsome living space. From the covered front porch all the way through the home you'll be delighted with the finishes and the spaciousness. Beautiful refinished original wood flooring and original woodwork, updated kitchen cabinets, granite countertops, stainless steel appliances. There's a half bath conveniently located on the main floor. Head upstairs to 3 bedrooms and 2 full baths along with a well-placed laundry room. The primary bathroom has custom tile, a double vanity and a walk-in shower. The 2nd full bath has a charming clawfoot tub. All of the plumbing, HVAC, electrical were updated within the past 2 years. The backyard hardscape/landscape looks like a Southern Living magazine with professional design, privacy fenced backyard and firepit. Downtown New Albany living offers stores, restaurants, bakery, schools all within walking distance. Call for your appointment today! Many financing options are available for qualifying buyers including a $15,000 grant program. Call list agents for details. Sq ft & rm sz approx.

Last Agent to Sell the Property

Terri Jordan

Schuler Bauer Real Estate Services ERA Powered (N License #RB14007725 Listed on: 01/15/2025

Schuler Bauer Real Estate Services ERA Powered  (N

Co-Listed By

Sherri Banet

Schuler Bauer Real Estate Services ERA Powered (N License #RB14038991

Last Buyer's Agent

Casey Churchill

RE/MAX Advantage License #RB18001563

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,144

Year Built

  • Built in 1913

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Brick Foundation

Interior Spaces

  • 1,824 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Formal Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220503500167000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,144

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Annual Tax: 1144
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Brick (Solid)
  • Legal Description: P. 93 35 X 90' PART OF A UP OAK
  • Lot Dimensions: see lot size
  • Parcel Number: 220503500167000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1824
  • Type: 1.5 Story
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Daylight, Full, Unfinished
  • Above Grade Finished Sq Ft: 1824.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Interior Amenities: Bath Master, Built-In Bookcase, Ceiling Fan(s), Formal Dining Rm, Sump Pump, Walk-In Closet(s)
  • Lot Sq Ft: 3049.20
  • Sewer Type: Sewer
  • Total Sq Ft: 1824

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Landscaped, Patio, Public Sidewalk

Utilities

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

Lot Info

  • Acres: 0.0700
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Mar 10, 2025
Sold by
Kepple Thomas H and Mcginn Gretchen E
Bought by
Page David Bruce
Seller's Agent
Terri Jordan
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Casey Churchill
RE/MAX Advantage
List Price
$321,500
Sold Price
$318,500
Premium/Discount to List
-$3,000
-0.93%
Views
58
Current Estimated Value
$331,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,578
Avg. Annual Appreciation
5.45%

Purchase Details

Listed on
Jan 9, 2023
Closed on
Mar 10, 2023
Sold by
Soin Properties Group Llc
Bought by
Kappele Thomas H and Mcginn Gretchen E
Seller's Agent
Robert Gaines
Keller Williams Realty Consultants
Buyer's Agent
Matt Fowler
Semonin REALTORS
List Price
$289,900
Sold Price
$289,900
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$231,920
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2021
Sold by
Warth Joan
Bought by
Soin Properties Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2006
Sold by
Warth Audrey and Warth Norbert
Bought by
Warth Joan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $289,900 --
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $231,920 New Conventional
Previous Owner $175,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2025 03/03/25 Sold $318,500 -0.9% $175 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $321,500 +10.9% $176 / Sq Ft
03/20/2023 03/20/23 Sold $289,900 0.0% $153 / Sq Ft View Prior Sale
01/18/2023 01/18/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $289,900 -- $153 / 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 $1,123 $115,800 $7,500 $108,300
2023 $1,144 $118,200 $7,500 $110,700
2022 $1,904 $89,100 $7,500 $81,600
2021 $661 $82,400 $7,500 $74,900
2020 $610 $80,700 $7,500 $73,200
2019 $485 $73,300 $7,500 $65,800
2018 $477 $72,600 $7,500 $65,100
2017 $485 $72,500 $7,500 $65,000
2016 $446 $71,800 $7,500 $64,300
2014 $459 $66,900 $7,500 $59,400
2013 -- $61,300 $7,500 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202505218

Southern Indiana REALTORS® Association

APN: 22-05-03-500-167.000-008