NOT LISTED FOR SALE

611 E Elm St New Albany, IN 47150

Estimated Value: $113,000 - $137,677

1 Bed
1 Bath
1,103 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $115,000 $104 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $730/month

1 Day on Market

Highlights

  • City Lights View
  • Covered patio or porch
  • 1-Story Property
  • Main Floor Primary Bedroom
  • First Floor Utility Room
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

Welcome to your charming slice of history! This 1929 gem offers a cozy 1 bedroom, 1 bathroom retreat nestled within walking distance to Downtown New Albany. Step inside to discover original hardwood floors that exude warmth and character. With off-street parking in the back, convenience meets comfort effortlessly.

There is potential to add a second bedroom, offering versatility to suit your evolving needs. Whether you're seeking a cozy home base or an investment opportunity, this property presents itself as a great rental prospect.

The backyard is a gardener's delight! Fertile soil just behind the shed offers the perfect spot for a garden. You'll find established grape vines on the bridge in the back and blackberry bushes along the fencing between shed and garden area.

Don't miss your chance to own a piece of New Albany's past with the potential to shape its future. Schedule your showing today and step into timeless charm and endless possibilities!

Inspections are welcome. Seller not willing to make any repairs. Current asking price reflects condition of property.

Last Listed By

Melissa Dietrich

Lopp Real Estate Brokers License #RB21002296 Listed on: 03/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $467

Year Built

  • Built in 1929

Lot Details

  • 4,879

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,103 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • First Floor Utility Room
  • City Lights Views
  • Basement Cellar

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Covered patio or porch
  • 4,879 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 0088140017

Home Details

Home Type

Single Family

Est. Annual Taxes

$467

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 60100
  • Additional Parking: Off Street
  • Annual Tax: 467
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 6600
  • Legal Description: P.93/167 L.17 'D' 27X121' 611 E. ELM ST.
  • Numof Fireplaces: 1
  • Open House Count: 1
  • Parcel Number: 0088140017
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 66700
  • Total Deduction Amnt: 50692
  • Total Finished Square Footage: 1103
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1103.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Fireplace: Decorative
  • Interior Amenities: 1st Floor Master, 1st Floor Utility
  • Lot Sq Ft: 4878.72
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1103
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Patio, Covered Porch, Public Sidewalk

Utilities

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

Lot Info

  • Acres: 0.1120
  • Lot Description: City Lights View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 19, 2024
Sold by
Johnson Stephen A and Johnson Carol S
Bought by
Eldridge James
Seller's Agent
Melissa Dietrich
Lopp Real Estate Brokers
Buyer's Agent
Alexandra Reyes
Lopp Real Estate Brokers
List Price
$115,000
Sold Price
$115,000
Total Days on Market
1
Views
27
Current Estimated Value
$125,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,169
Avg. Annual Appreciation
8.08%
Original Mortgage
$92,000
Outstanding Balance
$91,126
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$34,043

Purchase Details

Closed on
Jun 20, 2007
Sold by
Property Management Group Llc
Bought by
Crum William L

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
Eldridge James $115,000 None Listed On Document
Crum William L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eldridge James $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $115,000 0.0% $104 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $115,000 -- $104 / 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 $435 $65,300 $6,600 $58,700
2023 $435 $66,700 $6,600 $60,100
2022 $480 $67,800 $6,600 $61,200
2021 $444 $63,000 $6,600 $56,400
2020 $421 $61,800 $6,600 $55,200
2019 $371 $56,300 $6,600 $49,700
2018 $364 $55,700 $6,600 $49,100
2017 $370 $55,500 $6,600 $48,900
2016 $340 $55,000 $6,600 $48,400
2014 $266 $39,000 $6,600 $32,400
2013 -- $35,900 $6,600 $29,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202406426

Southern Indiana REALTORS® Association

APN: 22-05-03-500-269.000-008