$78,000
SOLD SEP 22, 2016

603 E Main St New Albany, IN 47150

3 Beds
3 Baths
2,876 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

19 Days on Market

Highlights

  • 1 Fireplace
  • Fenced Yard
  • Eat-In Kitchen
  • Covered patio or porch
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of September 2021

Absolute Real Estate Auction Saturday, August 20th at 9am.(Real Estate sells @ 11am).Selling absolute without reserve a spacious turn of the century 2876 SF home w/covered front porch, basement and detached 2-car garage on 48x120 lot located within the Mansion Row Historic District. Home features 1438 SF per floor and includes large eat-in kitchen, full bath, dining, living and family rooms on first floor and 3 bedrooms, 2 kitchen areas and 2 full baths upstairs(formerly used as apartments)plus partial unfinished basement & 20x20 garage with alley access. Home in need of renovation. Any exterior alterations to building must be reviewed and approved in advance by the city's Historic Preservation Commission. Design guidelines are available on the Commission's website at www.newalbanypreservation.com. Selling as is with no contingencies. Inspections welcomed. 10% non-refundable down payment auction day balance in 40 days. SF of home and lot size per courthouse records. Open 8/10/16,5-7PM.

Last Agent to Sell the Property

Douglas Harritt

Harritt Group, Inc License #RB14019478

Last Buyer's Agent

Douglas Harritt

Harritt Group, Inc License #RB14019478

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $445

Year Built

  • Built in 1929

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 48 x 120
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 2,876 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Sump Pump
  • Basement Cellar

Outdoor Features

  • Covered patio or porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220500200832000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$445

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Improvements: 72100
  • Annual Tax: 445
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Over 65, Supplemental Homestd
  • Foundation: Brick (Solid)
  • Land Assessment: 18600
  • Legal Description: P. 409 L 1
  • Lot Dimensions: 48 x 120
  • Numof Fireplaces: 1
  • Out Buildings: Garage
  • Parcel Number: 220500200832000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 90700
  • Total Deduction Amnt: 73475
  • Total Finished Square Footage: 2876
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar, Unfinished
  • Above Grade Finished Sq Ft: 2876.00
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Interior Amenities: Eat-In Kitchen, Family Room, Sump Pump
  • Lot Measurement: Acres
  • Lot Sq Ft: 5663.00
  • Room Count: 12
  • Sewer Type: Sewer
  • Total Sq Ft: 2876
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Public Sidewalk
  • Road Frontage: 48'

Garage/Parking

  • Garage Type: Detached, Rear Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1300
  • 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
19
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
3.21%
Original Mortgage
$403,750
Outstanding Balance
$372,154
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$104,290

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
19.25%
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

Map

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 Type Sale Price Title Company
Warranty Deed $850,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $403,750 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $26,500 New Conventional
Previous Owner $135,000 New Conventional
Previous Owner $90,000 New Conventional
Previous Owner $50,000 New Conventional
Previous Owner $50,000 New Conventional
Previous Owner $62,400 New Conventional
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

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

Source: Southern Indiana REALTORS® Association

MLS Number: 201605033

Southern Indiana REALTORS® Association

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