NOT LISTED FOR SALE

616 Terrace Ct New Albany, IN 47150

Estimated Value: $211,000 - $232,000

2 Beds
2 Baths
1,993 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $194,000 $97 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,353/month

34 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Porch
  • Slate Run Elementary School Rated A-
  • 1 Car Detached Garage
  • Patio

About This Home

As of January 2022

WELCOME HOME! This Historic Charmer has wood trim and character galore! You have a large living room that opens into a dining room, then eat-in kitchen with updates and stainless steel appliances. The main level has 2 bedrooms and a shared bath. The partially finished basement has a family room, bar area, full bath, laundry and a room previously used as a bedroom but could be an office as it has a sliding door for privacy. The backyard is like an oasis with full privacy fence, floating deck, beautiful trees and rock landscaping. There is a detached garage with overhead door and off street parking in the back of the home. Sq ft & rm sz approx.

Last Agent to Sell the Property

Michelle Schnell-Gammons

License #RB14045825 Listed on: 11/02/2021

Last Buyer's Agent

Michelle Schnell-Gammons

License #RB14045825 Listed on: 11/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1928

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 140
  • Landscaped

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,993 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Gas Available
  • Liquid Propane Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502901180000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,100

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Improvements: 96200
  • Additional Parking: Off Street
  • Annual Tax: 1100
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 13400
  • Legal Description: P 544 L 11
  • Lot Dimensions: 40 x 140
  • Numof Fireplaces: 1
  • Open House Count: 1
  • Out Buildings: Garage
  • Parcel Number: 220502901180000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 109600
  • Total Deduction Amnt: 64355
  • Total Finished Square Footage: 1993
  • Type: 1 Story
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Water Heater: Lp Gas
  • Basement Type: Full, Partially Finished
  • Above Grade Finished Sq Ft: 1193.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Fireplace: Unknown
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s)
  • Lot Sq Ft: 5227.20
  • Room Count: 10
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 1993
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Deck, Landscaped, Patio, Paved Driveway, Porch, Public Sidewalk, Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Gas
  • Heat Type: Heat Pump
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1200
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Jan 31, 2022
Sold by
David Ellnor and David Gerald
Bought by
Parrish Joseph Paul and Parrish Angela
Seller's Agent
Michelle Schnell-Gammons
Buyer's Agent
Michelle Schnell-Gammons
List Price
$199,000
Sold Price
$194,000
Premium/Discount to List
-$5,000
-2.51%
Total Days on Market
34
Current Estimated Value
$220,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,798
Avg. Annual Appreciation
3.58%
Original Mortgage
$184,300
Outstanding Balance
$172,135
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$45,940

Purchase Details

Closed on
May 25, 2016
Sold by
Dischinger John L
Bought by
Ellnor Amber and Kelly Gerald David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 4, 2016
Sold by
Clements Rondney and Dischinger John L
Bought by
Ellnor Amber and Kelly Gerald David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 13, 2014
Sold by
Dischinger John
Bought by
Clements Rodney

Purchase Details

Closed on
Jun 3, 2005
Sold by
Walker Karen
Bought by
Dischinger John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.86%
Mortgage Type
New Conventional
Source: Public Records

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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
Parrish Joseph Paul $388,000 None Listed On Document
Ellnor Amber -- --
Ellnor Amber -- --
Clements Rodney $55,000 --
Dischinger John -- Home Trust Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parrish Joseph Paul $184,300
Previous Owner Ellnor Amber $113,520
Previous Owner Ellnor Amber $125,000
Previous Owner Dischinger John L $40,000
Previous Owner Dischinger John $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $194,000 0.0% $97 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/17/2021 11/17/21 Price Changed $194,000 -2.5% $97 / Sq Ft
11/02/2021 11/02/21 For Sale $199,000 +55.5% $100 / Sq Ft
07/27/2016 07/27/16 Sold $128,000 -9.2% $107 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $141,000 -- $118 / 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 $1,409 $150,200 $13,400 $136,800
2023 $1,409 $134,500 $13,400 $121,100
2022 $1,327 $125,600 $13,400 $112,200
2021 $1,215 $114,600 $13,400 $101,200
2020 $1,099 $109,600 $13,400 $96,200
2019 $910 $100,300 $13,400 $86,900
2018 $889 $99,400 $13,400 $86,000
2017 $673 $90,000 $13,400 $76,600
2016 $681 $89,100 $13,400 $75,700
2014 $643 $82,700 $13,400 $69,300
2013 -- $87,600 $13,400 $74,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2021011979

Southern Indiana REALTORS® Association

APN: 22-05-02-901-180.000-008