$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

Last Buyer's Agent

Benjamin Walker

eXp Realty, LLC License #RB14049682

eXp Realty, LLC

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

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

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

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

Deed 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

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Source: Southern Indiana REALTORS® Association

MLS Number: 202505565

Southern Indiana REALTORS® Association

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