$58,000
SOLD MAR 15, 2019

523 E 5th St New Albany, IN 47150

3 Beds
1 Bath
1,037 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$56 Per Sq Ft

5% Below List Price

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Forced Air Heating System
  • Formal Dining Room

About This Home

As of March 2019

Check it out....Perfect for a rental investment property or new beginnings.....Located right downtown in New Albany's quickly growing and blossoming community. Enjoy swinging on the covered porch. Kitchen has appliances and eat in area. Front room has been used as the 3rd bedroom. Parking in the front or in the rear. Quick possession and easy to show!

Last Agent to Sell the Property

Amy Yeker

RE/MAX Ability Plus License #RB18001995 Listed on: 02/22/2019

RE/MAX Ability Plus

Co-Listed By

Pam Lumley

RE/MAX Ability Plus License #RB14031949

Last Buyer's Agent

Paul Kiger

Coldwell Banker McMahan License #RB14035922

Coldwell Banker McMahan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $423

Year Built

  • Built in 1929

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,037 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 220503500148000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$423

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 20500
  • Annual Tax: 423
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block, Crawl Space
  • Land Assessment: 6600
  • Legal Description: P 93 N 25 S 1/2 L 32 UP 5TH.
  • Parcel Number: 220503500148000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 27100
  • 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: 3
  • Interior Amenities: Formal Dining Rm
  • Lot Sq Ft: 3049.20
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1037
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch

Utilities

  • Cooling Type: Unknown
  • Fuel Type: Electric, Nat 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
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
$171,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,141
Avg. Annual Appreciation
19.51%

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: 201905997

Southern Indiana REALTORS® Association

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