$105,000
SOLD OCT 13, 2016

603 E Main St New Albany, IN 47150

4 Beds
3 Baths
2,892 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$36 Per Sq Ft

12% Below List Price

14 Days on Market

About This Home

As of September 2021

RARE OPPORTUNITY on MANSION ROW! POSSIBLE LIVE/WORK SETUP! Known as the Gordon-Jewett House, Circa 1890, FEATURES 2892 SqFt, a covered front porch, unfinished basement, a detached 2-car garage & is located within the Mansion Row Historic District (see agent for details). This home features all of the charm of yesteryear. The home was converted into a tri-plex and is currently set up with 3 full bathrooms and 3 kitchens; removing the dividing walls could return this home to its former glory as a single family home OR keep the current floorplan to live & work under the same roof. Selling AS-IS, but inspections are welcomed. This home is a short walk to restaurants, shops, the riverfront, the YMCA and more. Listing agent is owner. All sizes & measurements are approximate.

Last Agent to Sell the Property

Matt Schaefer

Schaefer Real Estate License #RB14041359

Last Buyer's Agent

Greg Taylor

Semonin REALTORS License #RB14040163

Semonin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $445

Year Built

  • Built in 1929

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2,892 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

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: 132300
  • Annual Tax: 445
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 18600
  • Legal Description: P. 409 L 1
  • Parcel Number: 220500200832000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 150900
  • Total Deduction Amnt: 73475
  • Total Finished Square Footage: 2892
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Above Grade Finished Sq Ft: 2892.00
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Lot Measurement: Acres
  • Lot Sq Ft: 5663.00
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 2892
  • Total Rooms: 7

Garage/Parking

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

Utilities

  • Cooling Type: Unknown
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1300

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
14
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

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: 201606318

Southern Indiana REALTORS® Association

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