NOT LISTED FOR SALE

602 E 8th St New Albany, IN 47150

Estimated Value: $65,000 - $176,000

-- Bed
2 Baths
1,220 Sq Ft
$103/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $62,000 $51 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $777/month

13 Days on Market

About This Home

As of February 2024

Unique opportunity! Are you looking for a small Church or multipurpose building for your congregation? Now is your chance! Property is zoned residential. Property class is for a church. Roof is less than one year old. Property is being sold AS-IS.

Last Agent to Sell the Property

Robert Gaines

Keller Williams Realty Consultants License #RB17001192 Listed on: 01/02/2024

Keller Williams Realty Consultants

Co-Listed By

Angie Ripperdan

Keller Williams Realty Consultants License #RB17001934

Last Buyer's Agent

Sarah Ring

Coldwell Banker McMahan License #RB14044569

Coldwell Banker McMahan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1929

Lot Details

  • 1,525 Sq Ft Lot

Home Design

  • Frame Construction

Interior Spaces

  • 2 Bathrooms
  • 1,220 Sq Ft Home
  • 1-Story Property
  • Basement
  • Basement Cellar

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0087240026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,338

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Legal Description: P.214 S 26' L.41
  • Parcel Number: 0087240026
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1220
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1220.00
  • Basement: Yes
  • Half Bathrooms: 2
  • Total Bathrooms: 2.00
  • Lot Sq Ft: 1524.60
  • Sewer Type: Sewer
  • Total Sq Ft: 1220

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.0350
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Feb 5, 2024
Sold by
Lunsford Linda Crane
Bought by
Nick Thomas Enterprises Llc
Seller's Agent
Robert Gaines
Keller Williams Realty Consultants
Buyer's Agent
Sarah Ring
Coldwell Banker McMahan
List Price
$70,000
Sold Price
$62,000
Premium/Discount to List
-$8,000
-11.43%
Views
83
Current Estimated Value
$126,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,187
Avg. Annual Appreciation
49.07%
Original Mortgage
$135,350
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2021
Sold by
Faith Allegiance Full Gospel Non Denomat
Bought by
Lunsford Linda Crane

Purchase Details

Closed on
Dec 15, 2005
Sold by
Welke Margaret and Gaddis Lorena
Bought by
Sabbath Delight Ministry Of Louisville

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
7.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Buyer Sale Price Title Company
Nick Thomas Enterprises Llc $62,000 None Listed On Document
Lunsford Linda Crane -- Turn Key Title
Sabbath Delight Ministry Of Louisville -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nick Thomas Enterprises Llc $135,350
Previous Owner Sabbath Delight Ministry Of Louisville $45,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2024 02/05/24 Sold $62,000 -11.4% $51 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $70,000 -- $57 / 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 $1,338 $63,000 $6,600 $56,400
2023 $1,395 $64,200 $6,600 $57,600
2022 $1,397 $65,400 $6,600 $58,800
2021 $0 $60,400 $6,600 $53,800
2020 $0 $32,700 $6,600 $26,100
2019 $0 $32,700 $6,600 $26,100
2018 $0 $32,400 $6,600 $25,800
2017 $0 $32,300 $6,600 $25,700
2016 -- $32,000 $6,600 $25,400
2014 -- $27,300 $6,600 $20,700
2013 -- $26,700 $6,600 $20,100
Source: Public Records

Agents Affiliated with this Home

  • Robert Gaines

    Seller's Agent in 2024

    Robert Gaines

    Keller Williams Realty Consultants

    (812) 206-9716

    85 in this area

    424 Total Sales

    Robert Gaines
    Section Image
  • Angie Ripperdan

    Seller Co-Listing Agent in 2024

    Angie Ripperdan

    Keller Williams Realty Consultants

    (812) 267-5164

    19 in this area

    193 Total Sales

    Angie Ripperdan
    Section Image
  • Sarah Ring

    Buyer's Agent in 2024

    Sarah Ring

    Coldwell Banker McMahan

    (502) 709-0145

    85 in this area

    148 Total Sales

    Sarah Ring
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202405001

Southern Indiana REALTORS® Association

APN: 22-05-02-801-626.000-008

Indiana Floyd County New Albany 47150

602 E 8th St, New Albany, IN

Not Listed for Sale

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Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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