616 E 5th St New Albany, IN 47150
Estimated Value: $148,000 - $211,000
2
Beds
2
Baths
1,200
Sq Ft
$144/Sq Ft
Est. Value
About This Home
As of March 20201994 built DUPLEX. Each unit is a 1 bedroom & 1 bath and is rented for $575. Owner pays water (avg $50 a month) & sewer (avg $90 a month). Located in BOOMING downtown New Albany, in close proximity to all the shopping and restaurants that downtown has to offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,116
Year Built
- Built in 1994
Lot Details
- 3,485
Home Design
- Frame Construction
Interior Spaces
- 1,200 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Additional Features
- 3,485 Sq Ft Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 220503500308000008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2019
Closed on
Mar 31, 2020
Sold by
Peck Properties Llc
Bought by
Kennedy Andrew R
Seller's Agent
Matt Schaefer
Schaefer Real Estate
Buyer's Agent
Rebecca Philpott
The Chris Fox Realty Group
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%
Total Days on Market
219
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,370
Avg. Annual Appreciation
13.58%
Original Mortgage
$88,369
Outstanding Balance
$78,737
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$94,633
Purchase Details
Closed on
Dec 2, 2015
Sold by
Corrao Peter A and Corrao Philip R
Bought by
Peck Properties
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Similar Homes in New Albany, IN
Home Values in the Area
Average Home Value in this Area
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 | |
| Closed | Kennedy Andrew R | $88,369 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2020 03/31/20 | Sold | $90,000 | -10.0% | $75 / Sq Ft |
| 02/24/2020 02/24/20 | Pending | -- | -- | -- |
| 01/23/2020 01/23/20 | Price Changed | $100,000 | -9.1% | $83 / Sq Ft |
| 09/07/2019 09/07/19 | Price Changed | $110,000 | -12.0% | $92 / Sq Ft |
| 07/20/2019 07/20/19 | For Sale | $125,000 | -- | $104 / Sq Ft |
Source: Southern Indiana REALTORS® Association
Tax History Compared to Growth
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
-
Matt Schaefer
M
Seller's Agent in 2020
Matt Schaefer
Schaefer Real Estate
(502) 552-4842
32 in this area
76 Total Sales
-
Rebecca Philpott
R
Buyer's Agent in 2020
Rebecca Philpott
The Chris Fox Realty Group
(812) 283-4778
2 in this area
12 Total Sales
Map
Source: Southern Indiana REALTORS® Association
MLS Number: 201909443
APN: 22-05-03-500-308.000-008
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.
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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