NOT LISTED FOR SALE

615 E Elm St New Albany, IN 47150

Estimated Value: $137,000 - $241,000

3 Beds
2 Baths
2,036 Sq Ft
$105/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $137,500 $68 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,178/month

Highlights

  • Wood Burning Stove
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

Located in Downtown New Albany this updated early 1900's home retains a lot of the original features. 12' foot ceilings, large baseboard & trim, & original wood floor in most rooms. Large covered front & back porch. Huge laundry room with wood burning buck stove. The kitchen was updated in 2017 to an industrial theme featuring white modern cabinets & wood counters w/ a single bowl commercial sink. The counters were sealed w/Waterlox non-toxic & food-safe sealer. New stainless steel appliances. Several pantries including a custom built, pull-out pantry beside the fridge. The kitchen flooring was updated in 2015 w/Shaw Cherry Plank Laminate. The lower level bathroom was remodeled in 2017. Modern tile shower w/spa stone bottom. The 2nd level bathroom features a claw foot tub/shower combo. There are beautiful accent pieces lining the railing & stairs. The original wood parquet flooring was redone in 2008. The furnace, water purifier, hot water heater & easy access plumbing are all located in the rear cellar. The front cellar has ample storage space for seasonal decor, or even a wine cellar. All the exterior tuck pointing was re-done by professional historic masons about 5yrs ago. There is enough room to park 2 cars in the back and street parking in the front. The yard is partially fenced and has a large storage shed. Wall hanging racks in the kitchen and 2 wooden hanging shelves in the upstairs bedroom will be removed and will not remain in the home.

Last Agent to Sell the Property

Vince Hopper

eXp Realty, LLC License #RB14035889 Listed on: 01/01/2018

eXp Realty, LLC

Last Buyer's Agent

Heather Robinson

Green Tree Real Estate Services License #RB14043410

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $560

Year Built

  • Built in 1929

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 27.00x121.00

Interior Spaces

  • 2,036 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220503500250000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$560

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Annual Tax: 560
  • Appointment: Mandatory
  • Construction: Existing
  • Legal Description: P167 PRT L.'D' 27X120 FT.
  • Lot Dimensions: 27.00x121.00
  • Numof Fireplaces: 1
  • Out Buildings: Shed
  • Parcel Number: 220503500250000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2036
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Outside Entrance, Unfinished
  • Above Grade Finished Sq Ft: 2036.00
  • Appliances: Dishwasher, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Wood Stove, Woodburning
  • Lot Sq Ft: 3484.80
  • Sewer Type: Sewer
  • Total Sq Ft: 2036

Utilities

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

Lot Info

  • Acres: 0.0800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2018
Closed on
Aug 3, 2018
Sold by
Duvall Mathew R
Bought by
Bryant Demarcus L
Seller's Agent
Vince Hopper
eXp Realty, LLC
Buyer's Agent
Heather Robinson
Green Tree Real Estate Services
List Price
$150,000
Sold Price
$137,500
Premium/Discount to List
-$12,500
-8.33%
Current Estimated Value
$213,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,690
Avg. Annual Appreciation
6.24%
Original Mortgage
$135,009
Outstanding Balance
$119,692
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$93,498

Purchase Details

Closed on
Apr 6, 2009
Sold by
Gmac Mortgage Llc
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,950
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2009
Sold by
Fannie Mae
Bought by
Duvall Mathew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,950
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2008
Sold by
Walls Jared and Howell Jerry
Bought by
Gmac Mortgage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,950
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2007
Sold by
Erhard Gregory M and Erhard Myra L
Bought by
Walls Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,500
Interest Rate
6.26%
Mortgage Type
New Conventional
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
Bryant Demarcus L -- Agency Title
Federal National Mortgage Association -- None Available
Duvall Mathew R -- None Available
Gmac Mortgage Llc $71,910 None Available
Walls Jared $134,500 Associated Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryant Demarcus L $135,009
Previous Owner Federal National Mortgage Association $58,950
Previous Owner Duvall Mathew R $58,950
Previous Owner Gmac Mortgage Llc $58,950
Previous Owner Walls Jared $134,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2018 08/03/18 Sold $137,500 -1.8% $68 / Sq Ft
06/10/2018 06/10/18 Pending -- -- --
05/21/2018 05/21/18 Price Changed $140,000 -6.7% $69 / Sq Ft
04/25/2018 04/25/18 For Sale $150,000 +9.1% $74 / Sq Ft
03/04/2018 03/04/18 Off Market $137,500 -- --
02/17/2018 02/17/18 Pending -- -- --
02/13/2018 02/13/18 Price Changed $150,000 -3.2% $74 / Sq Ft
01/23/2018 01/23/18 For Sale $155,000 0.0% $76 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $155,000 -- $76 / 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 $738 $92,600 $6,600 $86,000
2023 $761 $94,600 $6,600 $88,000
2022 $826 $96,200 $6,600 $89,600
2021 $778 $89,100 $6,600 $82,500
2020 $719 $87,200 $6,600 $80,600
2019 $630 $83,200 $6,600 $76,600
2018 $631 $82,300 $6,600 $75,700
2017 $617 $82,000 $6,600 $75,400
2016 $560 $81,200 $6,600 $74,600
2014 $525 $75,400 $6,600 $68,800
2013 -- $68,900 $6,600 $62,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2018011342

Southern Indiana REALTORS® Association

APN: 22-05-03-500-250.000-008