NOT LISTED FOR SALE

616 E 5th St 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 March 31, 2020

Last sale price $90,000 $75 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,030/month

About This Home

As of March 2020

1994 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.

Last Agent to Sell the Property

Matt Schaefer

Schaefer Real Estate License #RB14041359 Listed on: 07/20/2019

Last Buyer's Agent

Rebecca Philpott

The Chris Fox Realty Group License #RB16000221

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,116

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Improvements: 42900
  • Annual Tax: 1116
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • 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
  • Parcel Number: 220503500308000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 51900
  • Total Finished Square Footage: 1200
  • Type: 2 Story
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Above Grade Finished Sq Ft: 1200.00
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Lot Sq Ft: 3484.80
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 1200
  • Total Rooms: 6

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas, Unknown
  • 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
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%
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.
Estimated Appreciation
$78,042
Avg. Annual Appreciation
11.74%
Original Mortgage
$88,369
Outstanding Balance
$78,737
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$86,840

Purchase Details

Closed on
Dec 2, 2015
Sold by
Corrao Peter A and Corrao Philip R
Bought by
Peck Properties
Source: Public Records

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

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
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

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

  • M

    Seller's Agent in 2020

    Matt Schaefer

    Schaefer Real Estate

    (502) 552-4842

    28 in this area

    76 Total Sales

    Matt Schaefer
    Section Image

  • R

    Buyer's Agent in 2020

    Rebecca Philpott

    The Chris Fox Realty Group

    (812) 283-4778

    1 in this area

    9 Total Sales

    Rebecca Philpott
    Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201909443

Southern Indiana REALTORS® Association

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

Indiana Floyd County New Albany 47150

616 E 5th St, New Albany, IN

This home is located at 616 E 5th St, New Albany, IN 47150 since 20 July 2019 and is currently estimated at $168,042, approximately $140 per square foot. This property was built in 1994. 616 E 5th St 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.

Nearby Homes