NOT LISTED FOR SALE

517 E 7th St New Albany, IN 47150

Estimated Value: $143,000 - $205,000

3 Beds
2.5 Baths
1,593 Sq Ft
$109/Sq Ft Est. Value

Last Sold August 26, 2024

Last sale price $160,000 $100 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $974/month

59 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch
  • Built-in Bookshelves
  • Ceiling Fan

About This Home

As of August 2024

Price Improvement! Welcome to 517 East 7th. St! A well-maintained duplex in the heart of New Albany near dining, entertainment, and shopping! This property features a 2bd 1.5b main level plus a studio 1bd 1b upstairs accessed from the rear of the house. Upgrades to the property include a new furnace and roof on the studio, flooring in main level bedroom, new decking and fresh paint throughout the main floor. Original hardwood floors throughout both units. So many possibilities with this home! Rent one unit and live in the other, convert to a single family with a simple remodel, or rent out both units for a steady stream of passive income! Unit A is currently vacant & Unit B is earning $425 per month. Inspections are welcome but home is being sold as-is.

Last Agent to Sell the Property

Zachary Robbins

eXp Realty, LLC License #RB21002146 Listed on: 04/29/2024

eXp Realty, LLC

Last Buyer's Agent

Chance Clark

EXIT Realty Choice License #RB15000979

EXIT Realty Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 1929

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Metal Siding

Interior Spaces

  • 1,593 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Blinds
  • Family Room
  • Utility Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Sump Pump
  • Basement Cellar

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0088140010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,294

Year Built

Built in 1929

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 2294
  • Appointment: 24 Hour Notice
  • Construction: Existing
  • Foundation: Concrete Block
  • Legal Description: P.167 20X127 1/2 OF 'D' PARC. 14
  • Parcel Number: 0088140010
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1593
  • Type: 1.5 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric, Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1593.00
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Interior Amenities: Blinds, Built-In Bookcase, Ceiling Fan(s), Eat-In Kitchen, Family Room, Sump Pump, Utility/Mud Room
  • Lot Sq Ft: 2178.00
  • Sewer Type: Sewer
  • Total Sq Ft: 1593

Exterior Features

  • Exterior Features: Covered Porch, Deck, Metal Siding, Public Sidewalk

Utilities

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

Lot Info

  • Acres: 0.0500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Aug 27, 2024
Sold by
Brinkworth Charles
Bought by
Thompson Jasmine Janee
Seller's Agent
Zachary Robbins
eXp Realty, LLC
Buyer's Agent
Chance Clark
EXIT Realty Choice
List Price
$199,000
Sold Price
$160,000
Premium/Discount to List
-$39,000
-19.6%
Views
69
Current Estimated Value
$173,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,913
Avg. Annual Appreciation
5.56%

Purchase Details

Listed on
Nov 29, 2021
Closed on
Feb 18, 2022
Sold by
Richard Langdon
Bought by
Brinkworth Charles
Seller's Agent
Jeremy Ward
Ward Realty Services
Buyer's Agent
Zachary Robbins
eXp Realty, LLC
List Price
$130,000
Sold Price
$115,000
Premium/Discount to List
-$15,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.00%
Original Mortgage
$86,250
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2016
Sold by
Hayden William L
Bought by
Langdon Richard

Purchase Details

Closed on
Jun 22, 2010
Sold by
Hayden William L
Bought by
Hayden William L

Purchase Details

Closed on
May 14, 2010
Sold by
Stearman Karen J
Bought by
Hayden William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Martin Curtis W
Bought by
Stearman Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thompson Jasmine Janee $160,000 None Listed On Document
Brinkworth Charles -- Graf-Schard Alissa
Brinkworth Charles $230,000 Graf-Schard Alissa
Langdon Richard -- --
Hayden William L -- None Available
Hayden William L -- None Available
Stearman Karen J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brinkworth Charles $86,250
Previous Owner Stearman Karen J $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2024 08/26/24 Sold $160,000 -10.6% $100 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/12/2024 06/12/24 Price Changed $179,000 -5.3% $112 / Sq Ft
05/13/2024 05/13/24 Price Changed $189,000 -5.0% $119 / Sq Ft
04/29/2024 04/29/24 For Sale $199,000 +73.0% $125 / Sq Ft
02/18/2022 02/18/22 Sold $115,000 -7.9% $72 / Sq Ft View Prior Sale
12/21/2021 12/21/21 Pending -- -- --
12/06/2021 12/06/21 Price Changed $124,900 -3.9% $78 / Sq Ft
12/06/2021 12/06/21 For Sale $130,000 0.0% $82 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $130,000 -- $82 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $947 $105,200 $5,000 $100,200
2023 $2,294 $107,500 $5,000 $102,500
2022 $2,336 $109,400 $5,000 $104,400
2021 $1,108 $51,500 $5,000 $46,500
2020 $1,089 $50,500 $5,000 $45,500
2019 $992 $46,000 $5,000 $41,000
2018 $988 $45,500 $5,000 $40,500
2017 $1,005 $45,500 $5,000 $40,500
2016 $902 $45,100 $5,000 $40,100
2014 $836 $41,800 $5,100 $36,700
2013 -- $38,100 $5,000 $33,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202407553

Southern Indiana REALTORS® Association

APN: 22-05-03-500-253.000-008

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