NOT LISTED FOR SALE

525 E 9th St New Albany, IN 47150

Estimated Value: $152,000 - $243,000

3 Beds
2 Baths
1,560 Sq Ft
$131/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $215,000 $138 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,232/month

7 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Covered patio or porch
  • Fenced Yard
  • 2 Fireplaces
  • First Floor Utility Room
  • Thermal Windows

About This Home

As of October 2023

The large L-shaped covered front porch gives adorable curb appeal. Inside is filled with character and charm; Original fireplace frames and arched doorways. The main floor offers an open floor plan, large primary bedroom with walk-in closet and private en-suite, updated kitchen, utility room and more. The upstairs has 2 huge bedrooms. The rear has off street parking, fenced yard and has large covered porch. Licensed broker in Indiana and Kentucky has a financial interest in property.

Last Listed By

Tina Browning

Green Tree Real Estate Services License #RB14049944 Listed on: 09/22/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,491

Year Built

  • Built in 1929

Lot Details

  • 3,572 Sq Ft Lot
  • Fenced Yard

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Decorative Fireplace
  • Thermal Windows
  • First Floor Utility Room
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Ceramic Tile in Bathrooms

Basement

  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502801718000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,491

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 57800
  • Additional Parking: Off Street
  • Additional Assessor Parcel Numbers: 008-72500-41
  • Annual Tax: 1491
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Concrete Block, Crawl Space
  • Land Assessment: 12000
  • Legal Description: P.214 S 1/2 N 1/2 L.35 & 36
  • Numof Fireplaces: 2
  • Parcel Number: 220502801718000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 69800
  • Total Finished Square Footage: 1560
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1560.00
  • Appliances: Dishwasher, Microwave, Range / Oven
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Decorative
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Ceiling Fan(s), Ceramic Bath, Pantry, Split Bedrooms, Utility/Mud Room
  • Lot Sq Ft: 3571.92
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 1560
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Patio, Fenced Yard, Thermopane Windows, Vinyl Siding

Utilities

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

Lot Info

  • Acres: 0.0820
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Nov 20, 2023
Sold by
Wermuth John
Bought by
Wermuth John and Slaughter Stephanie
Seller's Agent
Tina Browning
Green Tree Real Estate Services
Buyer's Agent
David Green
Keller Williams Realty Consultants
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Total Days on Market
7
Views
168
Current Estimated Value
$204,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,613
Avg. Annual Appreciation
-3.66%
Original Mortgage
$208,550
Outstanding Balance
$205,607
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
-$2,672

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 30, 2023
Sold by
Solid Rock Property Solutions Llc
Bought by
Wermuth John
Seller's Agent
Tina Browning
Green Tree Real Estate Services
Buyer's Agent
David Green
Keller Williams Realty Consultants
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Views
168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,550
Outstanding Balance
$205,607
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
-$2,672

Purchase Details

Listed on
May 1, 2022
Closed on
Jun 17, 2022
Sold by
525 East 9Th Street Trust
Bought by
Solid Rock Property Solution Llc
Seller's Agent
Brian Haeseley
Keller Williams Realty Consultants
Buyer's Agent
Paula Harper
Lopp Real Estate Brokers
List Price
$100,000
Sold Price
$92,500
Premium/Discount to List
-$7,500
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.08%
Original Mortgage
$167,570
Interest Rate
5.27%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 16, 2009
Sold by
Republic Bank & Trust Company Of Indiana
Bought by
Andrews David A

Purchase Details

Closed on
Apr 23, 2009
Sold by
Hamby Kathy F and Lane Kathy F
Bought by
Republic Bank & Trust Co Of Indiana

Range of Values:

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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
Wermuth John -- None Listed On Document
Wermuth John $215,000 None Listed On Document
Solid Rock Property Solution Llc $185,000 None Listed On Document
Andrews David A -- None Available
Republic Bank & Trust Co Of Indiana -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wermuth John $208,550
Previous Owner Solid Rock Property Solution Llc $167,570
Previous Owner Lane Kathy F $45,099
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $215,000 -4.4% $138 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $225,000 +143.2% $144 / Sq Ft
06/17/2022 06/17/22 Sold $92,500 -7.5% $59 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $100,000 -- $64 / 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 $1,116 $132,500 $12,000 $120,500
2023 $1,116 $116,500 $12,000 $104,500
2022 $1,491 $69,800 $12,000 $57,800
2021 $1,399 $65,000 $12,000 $53,000
2020 $1,283 $59,500 $12,000 $47,500
2019 $1,184 $54,900 $12,000 $42,900
2018 $1,181 $54,400 $12,000 $42,400
2017 $1,199 $54,300 $12,000 $42,300
2016 $1,076 $53,800 $12,000 $41,800
2014 $986 $49,300 $12,000 $37,300
2013 -- $63,500 $12,000 $51,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2023010660

Southern Indiana REALTORS® Association

APN: 22-05-02-801-718.000-008