$48,000
SOLD MAY 25, 2018

523 E 5th St New Albany, IN 47150

2 Beds
1 Bath
1,037 Sq Ft
3,441 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

23% Below List Price

114 Days on Market

Highlights

  • Covered patio or porch
  • Formal Dining Room
  • Forced Air Heating System
  • First Floor Utility Room
  • 1-Story Property
  • Ceiling Fan

About This Home

As of March 2019

DOWNTOWN NEW ALBANY. Just 1 1/2 blocks from the high end Breakwater apartments, this location is Primo! Lots of updates as you can see by the photos. Windows have been replaced, kitchen and bath updated tastefully. Additional parking in back via alley. Two other houses on this block are currently being renovated. Live in Downtown!

Last Agent to Sell the Property

Nancy Stein

Semonin REALTORS License #RB14030661 Listed on: 12/18/2017

Semonin REALTORS

Last Buyer's Agent

Pam Lumley

RE/MAX Ability Plus License #RB14031949

RE/MAX Ability Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 1929

Lot Details

  • 3,441 Sq Ft Lot
  • Lot Dimensions are 25x138

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,037 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Formal Dining Room
  • First Floor Utility Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 220503500148000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$536

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 20400
  • Annual Tax: 536
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 6600
  • Legal Description: P. 93; N 25 S 1/2 L 32; Up 5th
  • Lot Dimensions: 25x138
  • Parcel Number: 220503500148000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 27000
  • Total Finished Square Footage: 1037
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1037.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Utility, Blinds, Cable Wired, Ceiling Fan(s), Formal Dining Rm
  • Lot Sq Ft: 3441.24
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1037
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Porch, Public Sidewalk

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.0790
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
Mar 15, 2019
Sold by
Applegate Chase and Applegate Theresa
Bought by
Burks Dana Elliott and Blair Margaret Sue
Seller's Agent
Amy Yeker
RE/MAX Ability Plus
Buyer's Agent
Paul Kiger
Coldwell Banker McMahan
List Price
$61,000
Sold Price
$58,000
Premium/Discount to List
-$3,000
-4.92%
Current Estimated Value
$169,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,319
Avg. Annual Appreciation
19.87%

Purchase Details

Listed on
Dec 18, 2017
Closed on
May 24, 2018
Sold by
Hsiao Trust
Bought by
Applegate Chase and Applegate Theresa
Seller's Agent
Nancy Stein
Semonin REALTORS
Buyer's Agent
Pam Lumley
RE/MAX Ability Plus
List Price
$62,000
Sold Price
$48,000
Premium/Discount to List
-$14,000
-22.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.32%
Original Mortgage
$38,400
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 -- Agency Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $38,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $58,000 -4.9% $56 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $61,000 +27.1% $59 / Sq Ft
05/25/2018 05/25/18 Sold $48,000 -4.0% $46 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
03/16/2018 03/16/18 Price Changed $50,000 -9.1% $48 / Sq Ft
02/14/2018 02/14/18 Price Changed $55,000 -11.3% $53 / Sq Ft
12/18/2017 12/18/17 For Sale $62,000 -- $60 / 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 $326 $36,400 $6,600 $29,800
2023 $326 $36,500 $6,600 $29,900
2022 $355 $37,200 $6,600 $30,600
2021 $328 $34,600 $6,600 $28,000
2020 $312 $33,500 $6,600 $26,900
2019 $317 $48,100 $6,600 $41,500
2018 $588 $27,100 $6,600 $20,500
2017 $1,726 $27,000 $6,600 $20,400
2016 $1,608 $26,800 $6,600 $20,200
2014 $1,044 $25,600 $6,600 $19,000
2013 -- $32,100 $6,600 $25,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2017011252

Southern Indiana REALTORS® Association

APN: 22-05-03-500-148.000-008