$205,000
SOLD APR 14, 2025

516 E Oak St New Albany, IN 47150

3 Beds
2 Baths
1,281 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

5 Days on Market

Highlights

  • Open Floorplan
  • First Floor Utility Room
  • 1-Story Property
  • Covered Patio or Porch
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

Check out this freshly renovated 3 bed 2 bath home, walking distance to all the restaurants and shops of downtown New Albany. The high ceilings and open floor plan make this place feel extra roomy. Good sized bedrooms with Standup shower in master bath and full get bathroom with bathtub/shower insert. Stainless steel appliances in kitchen stay with home. Refrigerator is brand new, dishwasher and Range/oven bought within last 2 years. Great off-street parking available from back alley and good sized shed to boot. Don't miss out! Seller is a licensed real estate agent in the state of Indiana. Basement/Crawl space, was just water proofed with lifetime warranty.

Last Agent to Sell the Property

Jordan Rajchel

Keller Williams Louisville License #RB18001832 Listed on: 03/17/2025

Keller Williams Louisville

Last Buyer's Agent

Petar Mandic

Semonin REALTORS License #RB22000278

Semonin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1929

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,281 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Window Screens
  • First Floor Utility Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Basement

  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0087800022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,604

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 68600
  • Additional Parking: On Street
  • Annual Tax: 1604
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 7400
  • Legal Description: P 93 30X121' PARC. 7 OF B UP OAK
  • Out Buildings: Shed
  • Parcel Number: 0087800022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 76000
  • Total Finished Square Footage: 1281
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar, Crawl Space
  • Above Grade Finished Sq Ft: 1281.00
  • Appliances: Dishwasher, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Blinds, Cable Wired, Ceiling Fan(s), Open Floor Plan, Split Bedrooms
  • Lot Sq Ft: 3484.80
  • Sewer Type: Sewer
  • Total Sq Ft: 1281

Exterior Features

  • Exterior Features: Covered Patio, Covered Porch, Porch, Public Sidewalk, Screens, Vinyl Siding

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.0800
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
Rajchel Jordan and Rajchel Katie
Bought by
Rajchel Rentals Llc
Current Estimated Value
$199,455

Purchase Details

Closed on
Feb 1, 2019
Sold by
Ub Thomas V
Bought by
Rajchel Jordan and Rajchel Katie

Purchase Details

Closed on
Nov 10, 2017
Sold by
A Nicer Home Inc
Bought by
Thomas Ub V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,260
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2012
Closed on
Jun 18, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Nicer Home Inc
Seller's Agent
Rhonda Jewell
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Clifton Moore
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$13,900
Sold Price
$7,500
Premium/Discount to List
-$6,400
-46.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.29%

Purchase Details

Closed on
May 19, 2011
Sold by
Hall Duran
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 15, 2006
Sold by
Gregory V Llc and Gregory Stephan L
Bought by
Hall Duran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2004
Sold by
Gregory Stephan L
Bought by
Gregory V Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Deed -- --
Special Warranty Deed -- None Available
Sheriffs Deed $41,850 None Available
Warranty Deed $82,500 None Available
Interfamily Deed Transfer -- Land Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $61,260 New Conventional
Previous Owner $74,250 New Conventional
Previous Owner $60,800 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $205,000 0.0% $160 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $205,000 +2633.3% $160 / Sq Ft
06/19/2012 06/19/12 Sold $7,500 -46.0% $6 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $13,900 -- $11 / 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 $1,606 $73,200 $7,400 $65,800
2023 $1,606 $74,700 $7,400 $67,300
2022 $1,635 $76,000 $7,400 $68,600
2021 $440 $70,000 $7,400 $62,600
2020 $418 $68,700 $7,400 $61,300
2019 $453 $76,300 $7,400 $68,900
2018 $360 $62,100 $7,400 $54,700
2017 $441 $61,800 $7,400 $54,400
2016 $1,235 $61,300 $7,400 $53,900
2014 $1,152 $57,500 $7,400 $50,100
2013 -- $52,700 $7,400 $45,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202506574

Southern Indiana REALTORS® Association

APN: 22-05-03-500-176.000-008