$183,000
SOLD AUG 8, 2024

5765 E McCarthy Knob Rd New Albany, IN 47150

Franklin Neighborhood
3 Beds
2 Baths
1,024 Sq Ft
5.64 Acres

Recently Sold

$179 Per Sq Ft

5% Above List Price

Highlights

  • 5.64 Acre Lot
  • Deck
  • Creek On Lot
  • Georgetown Elementary School Rated A-
  • Secluded Lot
  • Wooded Lot

About This Home

As of August 2024

Great location off on Budd Rd in New Albany. This home has 5.64 picturesque acres nestled in and surrounded by trees of all kinds. There are Persimmon, black walnut, peach, pear and apple trees throughout the lot! You will love seeing all of the natural wildlife this area has to offer. The home is in need of updating but the space is great and ready for the next Owner to update it to their liking. The home has 3 beds and 2 baths and an unfinished basement and a cellar. There is a massive 4 car detached garage with a lift that stays for the mechanics dream garage. Also this property has a lean to and a crafting shed that can be converted to a play house, she shed, etc. There is a dirt road that takes you back to another pasture in the back of the property. Also there is a creek that runs though the back/middle of the property easily accesible from the gravel road.

Last Agent to Sell the Property

Heather Allen

Genesis Realty LLC License #RB14032277

Last Buyer's Agent

Bianca Blakely

License #RB23001212

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 1929

Lot Details

  • 5.64 Acre Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • 4 Car Detached Garage
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Poured Concrete
  • Frame Construction
  • Wood Trim
  • Vinyl Siding

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room
  • Unfinished Basement
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Creek On Lot
  • Deck
  • Covered patio or porch
  • Shed

Utilities

  • Central Air
  • Two Heating Systems
  • Air Source Heat Pump
  • Propane
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 0010050018

Home Details

Home Type

Single Family

Est. Annual Taxes

$605

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Improvements: 73400
  • Additional Parking: Off Street
  • Annual Tax: 605
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete, Rock
  • Land Assessment: 45300
  • Legal Description: SW 1/4 NW 1/4 SW 1/4 13-3-5 5.64 AC.
  • Out Buildings: Garage, Shed, Other
  • Parcel Number: 0010050018
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 118700
  • Total Deduction Amnt: 63000
  • Total Finished Square Footage: 1024
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar, Unfinished
  • Above Grade Finished Sq Ft: 1024.00
  • Appliances: Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Eat-In Kitchen, Natural Wood Trim
  • Lot Sq Ft: 245678.40
  • Room Count: 8
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1024
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Deck, Vinyl Siding

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 4
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air, Heat Pump
  • Fuel Type: Dual, Electric, Lp Gas
  • Heat Type: Heat Pump
  • Water Type: Public Onsite

Lot Info

  • Acres: 5.6400
  • Lot Description: Creek, Secluded Lot, Wooded Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2024
Closed on
Aug 19, 2024
Sold by
Schaffer Robert
Bought by
Valcarcel Jose and Leal Amarilys
Seller's Agent
Heather Allen
Genesis Realty LLC
Buyer's Agent
Bianca Blakely
List Price
$175,000
Sold Price
$183,000
Premium/Discount to List
$8,000
4.57%
Total Days on Market
0
Views
2
Current Estimated Value
$185,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,945
Avg. Annual Appreciation
2.03%
Original Mortgage
$173,850
Outstanding Balance
$173,122
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$12,656

Purchase Details

Closed on
Jan 16, 2007
Sold by
Vance Bruce A and Lasky Elaine Vance
Bought by
Schaffer Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Map

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 Type Sale Price Title Company
Warranty Deed $183,000 None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $173,850 New Conventional
Previous Owner $40,000 Credit Line Revolving
Previous Owner $98,000 New Conventional
Previous Owner $14,915 New Conventional
Previous Owner $92,025 FHA
Previous Owner $84,000 New Conventional
Previous Owner $83,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $183,000 +4.6% $179 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
07/04/2024 07/04/24 For Sale $175,000 -- $171 / 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 $606 $118,700 $45,300 $73,400
2023 $606 $103,200 $39,800 $63,400
2022 $521 $97,100 $39,800 $57,300
2021 $476 $91,600 $39,800 $51,800
2020 $486 $87,500 $39,800 $47,700
2019 $484 $91,500 $39,800 $51,700
2018 $440 $88,000 $39,700 $48,300
2017 $501 $87,900 $39,800 $48,100
2016 $460 $87,600 $39,800 $47,800
2014 $470 $77,600 $39,500 $38,100
2013 -- $76,600 $39,500 $37,100
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 202409116

Southern Indiana REALTORS® Association

APN: 22-01-01-300-018.000-001