NOT LISTED FOR SALE

609 W 7th St New Albany, IN 47150

Estimated Value: $145,472 - $165,000

2 Beds
1 Bath
1,016 Sq Ft
$155/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $74,000 $73 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $882/month

27 Days on Market

Highlights

  • 0.41 Acre Lot
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Deck
  • 1-Story Property
  • Ceiling Fan

About This Home

As of February 2018

From start to finish this Lodge in the City has amazing potential for the first time homebuyer or the downsizer. With 2 beds, 1 bath, an actual dining room, ready to finish walk-out basement, covered front porch, and a double lot big enough for a new outbuilding this home is ready for a new owner. The kitchen and bath have been updated and remodeled and the new laminate wood floors really shine. Convert the unfinished basement to your family room and you are ready to go! The rustic exterior makes a city statement and that covered wrap around front porch is perfect for watching the world go by. And oh that double lot! The parties you can host, the vehicles you can store, or the building you can build. It’s all there for under $80,000. Plus you’ll be a part of an expanding and walkable downtown New Albany neighborhood. A Home Warranty is included for your peace of mind.

Last Agent to Sell the Property

Paul Kiger

Coldwell Banker McMahan License #RB14035922 Listed on: 12/19/2017

Coldwell Banker McMahan

Co-Listed By

Sarah Ring

Coldwell Banker McMahan License #RB14044569

Last Buyer's Agent

Paul Kiger

Coldwell Banker McMahan License #RB14035922 Listed on: 12/19/2017

Coldwell Banker McMahan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $439

Year Built

  • Built in 1948

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 150 x 120
  • Subdivision Possible

Home Design

  • Poured Concrete
  • Frame Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,016 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 220500300223000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$439

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Improvements: 48500
  • Additional Parking: Off Street
  • Annual Tax: 439
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Poured Concrete
  • Home Warranty Provided: Yes
  • Land Assessment: 23600
  • Legal Description: P 56; L 64 .137 Ac & P 56; Lts 60 & 62; .275 Ac #008-77100-65
  • Lot Dimensions: 150 x 120
  • Parcel Number: 220500300223000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 72100
  • Total Deduction Amnt: 59445
  • Total Finished Square Footage: 1016
  • Type: 1 Story
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Unfinished, Walkout
  • Above Grade Finished Sq Ft: 1016.00
  • Appliances: Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: Cable Wired, Ceiling Fan(s), Sump Pump
  • Lot Sq Ft: 17859.60
  • Room Count: 6
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 1016
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Porch, Deck, Paved Driveway, Porch, Vinyl Siding, Wood
  • Home Warranty: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.4100
  • Lot Description: Divisible Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2017
Closed on
Feb 13, 2018
Sold by
Gray Jeremy W and Gray Allyson P
Bought by
Vaughn Angela M
Seller's Agent
Paul Kiger
Coldwell Banker McMahan
Buyer's Agent
Paul Kiger
Coldwell Banker McMahan
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%
Total Days on Market
27
Current Estimated Value
$157,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,618
Avg. Annual Appreciation
10.87%
Original Mortgage
$71,780
Outstanding Balance
$61,557
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$96,061

Purchase Details

Closed on
Jun 16, 2006
Sold by
Burdette Timothy M
Bought by
Gray Jeremy W and Byerly Allyson P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,380
Interest Rate
6.68%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Vaughn Angela M -- Agency Title Inc
Gray Jeremy W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Angela M $71,780
Previous Owner Gray Jeremy W $69,380
Previous Owner Burdette Timothy M $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2018 02/13/18 Sold $74,000 -5.0% $73 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
12/29/2017 12/29/17 Price Changed $77,900 -2.5% $77 / Sq Ft
12/19/2017 12/19/17 For Sale $79,900 -- $79 / 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 $547 $89,800 $23,600 $66,200
2023 $547 $81,500 $23,600 $57,900
2022 $527 $79,300 $23,600 $55,700
2021 $424 $71,400 $23,600 $47,800
2020 $409 $71,400 $23,600 $47,800
2019 $376 $68,400 $23,600 $44,800
2018 $390 $70,900 $23,600 $47,300
2017 $406 $72,100 $23,600 $48,500
2016 $439 $77,900 $23,600 $54,300
2014 $435 $74,700 $23,600 $51,100
2013 -- $73,000 $23,600 $49,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2017011260

Southern Indiana REALTORS® Association

APN: 22-05-00-300-223.000-008