NOT LISTED FOR SALE

603 E Main St New Albany, IN 47150

Estimated Value: $360,000 - $507,000

4 Beds
4.5 Baths
3,688 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $425,000 $115 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,592/month

3 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • Fenced Yard
  • Covered patio or porch
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of September 2021

HISTORICAL CHARM WITH ALL THE MODERN COMFORTS AND ELEGANCE!!
The Gordon-Jewett house established in 1890 and located in the heart of downtown New Albany on Mansion Row has been completely renovated from the bones up! 4 BDRMS, 4 1/2 BA's with no expense spared as the home boasts HAAS custom kitchen cabinets that list for 50K, granite countertops, custom built bar, plantation shutters, new tile in the foyer and bathrooms, including 24 inch tile in the master bath, new windows, custom crown moulding with original style, custom fireplace, custom mantle, stairways with modern iron spindles, butler staircase trimmed to match original master stairs, Smartcore luxury vinyl flooring, new carpet on 3rd floor, entire home spray foamed insulation, 400 Amp service, new plumbing,2 new high efficiency heat pumps, waterproofed basement, vapor barrier installed in crawl space areas, high efficiency gas water heater and so much more! Schedule an appointment today! Due to records being flooded at the courthouse, assessors says constructed in 1927 but per the historical society it was established in 1890.

Last Listed By

Debbie Brown

Ward Realty Services License #RB14046624 Listed on: 08/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,639

Year Built

  • Built in 1890

Lot Details

  • 5,968 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,688 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Thermal Windows
  • Window Screens
  • Entrance Foyer
  • Formal Dining Room
  • First Floor Utility Room
  • Partially Finished Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Air Source Heat Pump
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220500200832000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,639

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Improvements: 134800
  • Additional Parking: Off Street
  • Annual Tax: 1639
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Brick (Solid), Crawl Space
  • Land Assessment: 18600
  • Legal Description: P 409 L 1
  • Numof Fireplaces: 1
  • Out Buildings: Garage
  • Parcel Number: 220500200832000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 153400
  • Total Deduction Amnt: 85940
  • Total Finished Square Footage: 3688
  • Type: 3 Story
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Partially Finished
  • Above Grade Finished Sq Ft: 3412.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Oven Self Clean, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Fireplace: Electric
  • Interior Amenities: 1st Floor Utility, Bath Master, Ceiling Fan(s), Eat-In Kitchen, Formal Dining Rm, Foyer, Kitchen Island, Pantry
  • Lot Sq Ft: 5967.72
  • Room Count: 19
  • Sewer Type: Sewer
  • Total Sq Ft: 3688
  • Total Rooms: 14

Exterior Features

  • Exterior Features: Covered Porch, Deck, Fenced Yard, Public Sidewalk, Screens, Thermopane Windows, Wood

Garage/Parking

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

Utilities

  • Cooling Type: Heat Pump
  • Fuel Type: Electric, Nat Gas
  • Heat Type: Heat Pump
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1370
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 30, 2021
Sold by
Cheatham Jason and Cheatham Rebecca J
Bought by
Gosman Jesse and Gosman Maren
Seller's Agent
Debbie Brown
Ward Realty Services
Buyer's Agent
Kymberli Quinn
Schuler Bauer Real Estate Services ERA Powered
List Price
$424,900
Sold Price
$425,000
Premium/Discount to List
$100
0.02%
Total Days on Market
3
Current Estimated Value
$438,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,018
Avg. Annual Appreciation
0.43%
Original Mortgage
$403,750
Outstanding Balance
$372,154
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$59,455

Purchase Details

Closed on
Mar 29, 2021
Sold by
Cheatham Jason
Bought by
Cheatham Jason and Cheatham Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2016
Closed on
Oct 13, 2016
Sold by
Schaefer Real Estate Holdings
Bought by
Cheatham Jason
Seller's Agent
Matt Schaefer
Schaefer Real Estate
Buyer's Agent
Greg Taylor
Semonin REALTORS
List Price
$119,900
Sold Price
$105,000
Premium/Discount to List
-$14,900
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.86%
Original Mortgage
$50,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2016
Closed on
Sep 22, 2016
Sold by
Tapp Lucinda
Bought by
Schaefer Real Estate Holdings
Seller's Agent
Matt Schaefer
Schaefer Real Estate
Buyer's Agent
Greg Taylor
Semonin REALTORS
List Price
$119,900
Sold Price
$105,000
Premium/Discount to List
-$14,900
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.47%
Mortgage Type
New Conventional

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
Gosman Jesse $850,000 None Available
Cheatham Jason -- None Available
Cheatham Jason -- --
Schaefer Real Estate Holdings -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gosman Jesse $403,750
Previous Owner Cheatham Jason $175,000
Previous Owner Cheatham Jason A $26,500
Previous Owner Cheatham Jason $135,000
Previous Owner Cheatham Jason $90,000
Previous Owner Cheatham Jason $50,000
Previous Owner Smith Lesley G $50,000
Previous Owner Schaefer Real Estate Holdings $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $425,000 0.0% $115 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $424,900 +304.7% $115 / Sq Ft
10/13/2016 10/13/16 Sold $105,000 +34.6% $36 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
09/22/2016 09/22/16 Sold $78,000 -34.9% $27 / Sq Ft
09/22/2016 09/22/16 For Sale $119,900 +53.7% $41 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $78,000 -- $27 / 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 $1,823 $168,900 $18,600 $150,300
2023 $1,823 $172,300 $18,600 $153,700
2022 $1,765 $166,200 $18,600 $147,600
2021 $1,637 $153,400 $18,600 $134,800
2020 $1,639 $153,400 $18,600 $134,800
2019 $1,640 $153,400 $18,600 $134,800
2018 $1,639 $152,000 $18,600 $133,400
2017 $2,399 $152,300 $18,600 $133,700
2016 $1,339 $150,900 $18,600 $132,300
2014 $483 $92,500 $18,600 $73,900
2013 -- $90,100 $18,600 $71,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2021010202

Southern Indiana REALTORS® Association

APN: 22-05-00-200-832.000-008