NOT LISTED FOR SALE

615 E 5th St New Albany, IN 47150

Estimated Value: $189,186 - $320,000

4 Beds
4 Baths
1,872 Sq Ft
$126/Sq Ft Est. Value

Last Sold September 25, 2020

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

Est. 62% increase in value since last sale

Current estimated payment $1,435/month

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 Agent to Sell the Property

Matt Schaefer

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

Last Buyer's Agent

Sara Nicholson

Aspire Real Estate Group License #RB19000220

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

  • Annual Tax: 1193
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Legal Description: P. 85 N 23' L. 12 615 E. 5TH ST.
  • Parcel Number: 220503500113000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • 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
  • Sewer Type: Sewer
  • Total Sq Ft: 1872

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
Current Estimated Value
$235,297

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
$108,017
Interest Rate
2.28%
Mortgage Type
New Conventional
Estimated Equity
$127,280

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
Aspire Real Estate Group
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
9.86%
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
Source: Public Records

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
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 Wathen Charles Clay $425,000
Previous Owner Sceifers Properties Llc $62,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 $2,344 $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

  • M

    Seller's Agent in 2020

    Matt Schaefer

    Schaefer Real Estate

    (502) 552-4842

    27 in this area

    75 Total Sales

    Matt Schaefer
    Section Image
  • Sara Nicholson

    Buyer's Agent in 2020

    Sara Nicholson

    Aspire Real Estate Group

    (812) 697-7269

    7 in this area

    93 Total Sales

    Sara Nicholson
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202008969

Southern Indiana REALTORS® Association

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

Indiana Floyd County New Albany 47150

615 E 5th St, New Albany, IN

Not Listed for Sale

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Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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