NOT LISTED FOR SALE

616 E 5th St Unit 618 New Albany, IN 47150

Estimated Value: $146,000 - $184,166

2 Beds
2 Baths
1,200 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 02, 2015

Last sale price $45,000 $38 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $1,030/month

Highlights

  • Open Floorplan
  • Balcony
  • Forced Air Heating and Cooling System

About This Home

As of December 2015

Newer duplex with great income revenue. Each unit currently rents for $400 a month. Top unit is currently leased. Oven and fridge stays in each! Nothing to do but buy and rent second unit out. Each unit has gas furnace and hot water heater in small closet behind front door. AC Units are caged. Updated interior with low maintenance exterior. Measurements and square footage are approximate.

Last Agent to Sell the Property

Don Lincoln

Schuler Bauer Real Estate Services ERA Powered (N License #RB14031854 Listed on: 11/16/2015

Schuler Bauer Real Estate Services ERA Powered (N

Co-Listed By

Matt Lincoln

Schuler Bauer Real Estate Services ERA Powered (N License #RB14042235

Last Buyer's Agent

Matt Schaefer

Schaefer Real Estate License #RB14041359

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 3,267 Sq Ft Lot
  • Lot Dimensions are 55 x 60

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Blinds
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220503500308000008

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Improvements: 55000
  • Additional Parking: Off Street
  • Annual Tax: 1296
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Slab
  • Land Assessment: 9000
  • Legal Description: P. 185 S 27 1/2' L. 1 P. 185 N 27 1/2' L. 1 #0088190005 616-618 E 5TH ST
  • Lot Dimensions: 55 X 60
  • Numof Fireplaces: 0
  • Parcel Number: 220503500308000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 64000
  • Total Finished Square Footage: 1200
  • Type: 2 Story
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Water Heater: Lp Gas, Natural Gas
  • Above Grade Finished Sq Ft: 1200.00
  • Appliances: Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Open Floor Plan
  • Lot Measurement: Acres
  • Lot Sq Ft: 3267.00
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 1200
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Balcony

Garage/Parking

  • Garage Type: Off Street
  • Garage Spaces: 0

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: 0.0800
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2020
Sold by
Peck Properties Llc
Bought by
Kennedy Andrew R
Current Estimated Value
$168,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Outstanding Balance
$78,737
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$86,840

Purchase Details

Listed on
Nov 16, 2015
Closed on
Dec 2, 2015
Sold by
Corrao Peter A and Corrao Philip R
Bought by
Peck Properties
Seller's Agent
Don Lincoln
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Matt Schaefer
Schaefer Real Estate
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%
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
Kennedy Andrew R -- None Available
Peck Properties -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Andrew R $88,369
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2015 12/02/15 Sold $45,000 0.0% $38 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
11/16/2015 11/16/15 For Sale $45,000 -- $38 / 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 $1,707 $78,300 $9,000 $69,300
2023 $1,707 $80,000 $9,000 $71,000
2022 $1,736 $81,300 $9,000 $72,300
2021 $1,018 $75,800 $9,000 $66,800
2020 $987 $74,300 $9,000 $65,300
2019 $1,120 $51,900 $9,000 $42,900
2018 $1,116 $51,400 $9,000 $42,400
2017 $1,144 $51,800 $9,000 $42,800
2016 $1,026 $51,300 $9,000 $42,300
2014 $1,347 $94,800 $9,000 $85,800
2013 -- $88,500 $9,000 $79,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Don Lincoln

    Schuler Bauer Real Estate Services ERA Powered (N

    (812) 944-7160

    2 in this area

    2 Total Sales

    Don Lincoln
    Section Image
  • Matt Lincoln

    Seller Co-Listing Agent in 2015

    Matt Lincoln

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 641-7392

    40 in this area

    244 Total Sales

    Matt Lincoln
    Section Image

  • M

    Buyer's Agent in 2015

    Matt Schaefer

    Schaefer Real Estate

    (502) 552-4842

    28 in this area

    76 Total Sales

    Matt Schaefer
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201507835

Southern Indiana REALTORS® Association

APN: 22-05-03-500-308.000-008

Indiana Floyd County New Albany 47150

616 E 5th St Unit 618, New Albany, IN

This home is located at 616 E 5th St Unit 618, New Albany, IN 47150 since 16 November 2015 and is currently estimated at $168,042, approximately $140 per square foot. This property was built in 1994. 616 E 5th St Unit 618 is a home located in Floyd County with nearby schools including S. Ellen Jones Elementary School, Hazelwood Middle School, and New Albany Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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