NOT LISTED FOR SALE

615 E 5th St New Albany, IN 47150

Estimated Value: $213,391 - $223,000

4 Beds
4 Baths
1,872 Sq Ft
$117/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $145,000 $77 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,536/month

2 Days on Market

About This Home

As of September 2020

1989 built DUPLEX. Each unit is 2 bedrooms & 1.5 baths and rents are currently $750 & $850. Owner pays
water (avg $65 a month) & sewer (avg $100 a month). Located in BOOMING downtown New Albany, in close proximity to
all the shopping and restaurants that downtown has to offer. Approx. $1275 in monthly net income, after property taxes,
insurance and utilities.

Last Listed By

Matt Schaefer

Schaefer Real Estate License #RB14041359 Listed on: 07/04/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,193

Year Built

  • Built in 1989

Lot Details

  • 2,614

Home Design

  • Frame Construction

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 2,614 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 220503500113000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,193

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Improvements: 49700
  • Annual Tax: 1193
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Land Assessment: 5600
  • Legal Description: P. 85 N 23' L. 12 615 E. 5TH ST.
  • Parcel Number: 220503500113000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 55300
  • Total Finished Square Footage: 1872
  • Type: 2 Story
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Above Grade Finished Sq Ft: 1872.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Lot Sq Ft: 2613.60
  • Room Count: 12
  • Sewer Type: Sewer
  • Total Sq Ft: 1872
  • Total Rooms: 8

Utilities

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

Lot Info

  • Acres: 0.0600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2021
Sold by
Vanwinkle Tyler and Vanwinkle Hadie
Bought by
Kck Properties Llc
Total Days on Market
2
Current Estimated Value
$219,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Outstanding Balance
$111,540
Interest Rate
2.28%
Mortgage Type
New Conventional
Estimated Equity
$101,377

Purchase Details

Listed on
Jul 4, 2020
Closed on
Sep 25, 2020
Sold by
Peck Properties Llc
Bought by
Vanwinkle Tyler and Vanwinkle Hadie
Seller's Agent
Matt Schaefer
Schaefer Real Estate
Buyer's Agent
Sara Nicholson
F.C. Tucker Real Estate Expert
List Price
$140,000
Sold Price
$145,000
Premium/Discount to List
$5,000
3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$108,750
Interest Rate
2.9%

Purchase Details

Closed on
Aug 17, 2016
Sold by
Wathen Charls Clay
Bought by
Peck Properties Llc

Purchase Details

Closed on
Aug 15, 2011
Sold by
Sceifers Properties Llc
Bought by
Wathen Charles Clay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2006
Sold by
Sprigler Everett
Bought by
Sceifers Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,275
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in New Albany, IN

  • 809 E Oak St, New Albany, IN 47150

    $225,000

    • 4 Beds
    • 4 Baths
    • 2,000 Sq Ft
    • 809 E Oak St
    • New Albany, IN

    Looking to live for less or invest smartly? Don’t miss this rare chance to have a HOUSE HACK in downtown New Albany! This duplex features two spacious 2 bed, 1.5 bath townhouse-style units—perfect for an owner-occupant or savvy investor! Each unit offers an open-concept living room and kitchen area, complete with a convenient half bath and in-unit laundry on the main floor. Upstairs, you’ll find

    Zach Wedding Six Degrees Real Estate LLC

    Section Image
  • 1421 1423 E Spring St, New Albany, IN 47150

    $264,000

    • 4 Beds
    • 4 Baths
    • 1,760 Sq Ft
    • 1421 1423 E Spring St
    • New Albany, IN

    Former Appraisal Office with 4 (1) Bedroom Apartment Rentals. Seller is converting office into a 4th (1) Bedroom Apartment Rental. A 2 Car Garage is also included. When all units & garage are rented, revenue is $2,600/month. Owner pays all utilities currently. There are four electric meters, one for each rental unit. All 4 units are currently rented on a month to month lease.This property is

    Ken Groh Berkshire Hathaway HomeServices Parks & Weisberg R

    Section Image
  • 3139 Hibiscus Ct, New Albany, IN 47150

    $209,900

    • 3 Beds
    • 3 Baths
    • 1,422 Sq Ft
    • 3139 Hibiscus Ct
    • New Albany, IN

    Multiple OFFERS Highest and best offers are due by 5/21/2025 11:59 PM. Brick house on a cul-de-sac in Koehler Place Subdivision. Exterior looks really good. Interior requires rehab. If you want to live in Koehler place, or looking for an investment, this is your opportunity. Full walkout basement, drywall but no flooring so I can't list it as finished. 3 bedrooms, 3 bathrooms. 3rd bathroom in

    Andy Sparks Andy Sparks Real Estate

    Section Image

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
Kck Properties Llc -- Turn Key Title
Vanwinkle Tyler -- None Available
Peck Properties Llc -- --
Wathen Charles Clay -- None Available
Sceifers Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kck Properties Llc $139,200
Previous Owner Vanwinkle Tyler $108,750
Previous Owner Peck Properties Llc $178,000
Previous Owner Wathen Charles Clay $425,000
Previous Owner Sceifers Properties Llc $60,000
Previous Owner Sceifers Properties Llc $62,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $145,000 +3.6% $77 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $140,000 -- $75 / 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 $3,693 $110,400 $5,600 $104,800
2023 $3,693 $112,800 $5,600 $107,200
2022 $2,452 $114,800 $5,600 $109,200
2021 $2,264 $105,400 $5,600 $99,800
2020 $2,225 $59,300 $5,600 $53,700
2019 $1,193 $55,300 $5,600 $49,700
2018 $1,185 $54,600 $5,600 $49,000
2017 $1,210 $54,800 $5,600 $49,200
2016 $1,084 $54,200 $5,600 $48,600
2014 $1,196 $59,800 $5,600 $54,200
2013 -- $54,600 $5,600 $49,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202008969

Southern Indiana REALTORS® Association

APN: 22-05-03-500-113.000-008