$270,000
SOLD APR 17, 2025

5507 Grant Line Rd New Albany, IN 47150

3 Beds
2.5 Baths
2,300 Sq Ft
5.28 Acres

Recently Sold

$117 Per Sq Ft

23% Below List Price

39 Days on Market

Highlights

  • 5.28 Acre Lot
  • Covered patio or porch
  • 2 Car Garage
  • Grant Line School Rated A
  • Formal Dining Room
  • Skylights

About This Home

As of April 2025

ESTATE SALE- AS-IS condition!!! Bring your vision and create your own sanctuary! A secluded home in the city! This home was once a show stopper and highly sought after so here's your chance to bring it back to its glory. House was built using custom bridge trust and recently ran a new water line to connect to public water system. Sitting on over 5 acres this home has 3 bedrooms, 2 full baths and a half bath, formal dining room, living room and a family room. Two car attached garage with an additional two car detached garage. Roof is concrete so you'll never deal with having to put on a brand new one. House is unique and so many opportunities for the right buyer. Sold As-is!

Last Agent to Sell the Property

Diamond Shirley

License #RB16000842 Listed on: 01/31/2025

Last Buyer's Agent

Benjamin Walker

Green Tree Real Estate Services License #RB14049682

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1977

Parking

  • 2 Car Garage

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Family Room
  • Formal Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Covered patio or porch
  • 5.28 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 220500200037002007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,560

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Improvements: 199300
  • Annual Tax: 1560
  • Appointment: Mandatory
  • Construction: Existing
  • Land Assessment: 40300
  • Legal Description: NE 1/4 2-2-6 5.284 AC.
  • Numof Fireplaces: 1
  • Open House Count: 1
  • Out Buildings: Garage
  • Parcel Number: 220500200037002007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 239600
  • Total Deduction Amnt: 94550
  • Total Finished Square Footage: 2300
  • Type: 1 Story
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 2300.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Family Room, Formal Dining Rm, Kitchen Island, Skylights
  • Lot Sq Ft: 230171.04
  • Room Count: 8
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2300
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 5.2840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2024
Sold by
Clemons Larry
Bought by
Byerley Rocky and Olund-Byerley Candice

Purchase Details

Closed on
Aug 30, 2022
Sold by
Larry Clemons
Bought by
Larry Clemons Revocable Trust

Purchase Details

Closed on
Nov 20, 2020
Sold by
Clemons Larry and Clemons Rowena
Bought by
Clemons Larry

Purchase Details

Closed on
Apr 8, 2009
Sold by
Clemons Larry and Clemons Rowena G
Bought by
Schilt Steven and Gordon William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.19%
Mortgage Type
Commercial
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
Warranty Deed $200,000 None Listed On Document
Quit Claim Deed -- Timmel Associates Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $127,117 New Conventional
Previous Owner $82,000 Commercial
Previous Owner $240,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $270,000 -10.0% $117 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
02/21/2025 02/21/25 Price Changed $300,000 -14.3% $130 / Sq Ft
01/31/2025 01/31/25 For Sale $350,000 -- $152 / 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 $69 $5,300 $5,300 $0
2023 $69 $4,300 $4,300 $0
2022 $54 $3,400 $3,400 $0
2021 $46 $2,900 $2,900 $0
2020 $1,540 $199,600 $41,400 $158,200
2019 $1,620 $201,000 $42,200 $158,800
2018 $1,405 $188,100 $42,300 $145,800
2017 $2,256 $180,900 $43,000 $137,900
2016 $1,449 $186,000 $43,300 $142,700
2014 $1,997 $207,900 $78,600 $129,300
2013 -- $200,300 $78,600 $121,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202505565

Southern Indiana REALTORS® Association

APN: 22-05-00-200-037.000-007